Ruby L Gibbs Charitable Trust
- Assets
- $1.6m
- Revenue
- $79.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 38-6658848
Organization Overview
Ruby L Gibbs Charitable Trust is located in Columbus, OH. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ruby L Gibbs Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ruby L Gibbs Charitable Trust generated $79.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.9%) each year. All expenses for the organization totaled $166.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ruby L Gibbs Charitable Trust has awarded 38 individual grants totaling $447,478. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,690 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,050 |
| Capital Gain Net Income | $25,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,740 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,585 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,693 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,688 |
| Contributions, gifts, grants paid | $130,396 |
| Total expenses and disbursements | $166,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $91,947 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,560,736 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ruby L Gibbs Charitable Trust has awarded $130,396 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATING | $24,132 |
ELSIE UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATING | $24,132 |
ALBION COLLEGE PURPOSE: SCHOLARSHIPS | $31,500 |
UNIVERSITY OF MICHIGAN PURPOSE: SCHOLARSHIPS | $12,500 |
CENTRAL MICHIGAN UNIVERSITY PURPOSE: SCHOLARSHIPS | $24,132 |
UNIVERSITY OF MICHIGAN-FLINT PURPOSE: SCHOLARSHIPS | $14,000 |