The Gibney Family Foundation Inc
- Assets
- $26.6m
- Revenue
- $1.4m
- Investments
- $25.6m
- Employees
- 0
- Location
- Meridian, ID
- Founding
- 01/1992
- Data as of
- 12/2022
- EIN
- 65-0286170
Organization Overview
The Gibney Family Foundation Inc is located in Meridian, ID. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gibney Family Foundation Inc 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, Gibney Family Foundation Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gibney Family Foundation Inc has awarded 220 individual grants totaling $3,547,704. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Wasden President/ceo | 35 | $133,705 | |
Susan Difatta COO | 25 | $101,579 | |
Ken Wasden Chairman Of The Board | 2 | $3,000 | |
Brian Difatta Treasurer | 3 | $3,388 | |
Mallory Bair Director | 2 | $2,500 | |
Celeste Beazer Director | 2 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,962 |
| Dividends & Interest | $578,756 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $846,806 |
| Capital Gain Net Income | $846,806 |
| Net ST Capital Gain | $0 |
| Income Modifications | $442 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,090 |
| Total Revenue | $1,428,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $254,672 |
| Other employee salaries and wages | $22,760 |
| Pension plans, employee benefits | $73,759 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,738 |
| Total operating and administrative expenses | $493,838 |
| Contributions, gifts, grants paid | $1,303,602 |
| Total expenses and disbursements | $1,797,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $915,697 |
| 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 | $610 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,638,141 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,554,448 |
| Accounts payable and accrued expenses | $2,532 |
| 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 | $2,532 |
Grants Awarded
Over the last fiscal year, The Gibney Family Foundation Inc has awarded $1,303,602 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY 1ST UTAH PURPOSE: FUNDING FOR CONSTRUCTION DOCUMENTS FOR THE INSTALLATION OF AN ELEVATOR WITH ADA IMPROVEMENTS | $6,000 |
AMERICAN HEROES PROJECT PURPOSE: TO PROVIDE VETERANS WITH A THERAPEUTIC OUTDOOR-FISHING EXPERIENCE TO STRAWBERRY RESERVOIR | $15,000 |
AMERICAN PRINTING HOUSE FOR THE BLIND INC PURPOSE: SUPPORT THE APH CONNECT CENTER TRANSITION HUB | $37,625 |
AMERICAN COUNCIL OF THE BLIND PURPOSE: FUNDING TO SUPPORT THE ACB MEDIA NETWORK FOR DISTRIBUTION AND HOSTING COMMUNITY EVENTS | $30,000 |
BAGS OF LOVE PURPOSE: DONATION FOR GENERAL OPERATING SUPPORT | $100 |
BICYCLE COLLECTIVE PURPOSE: DONATION FOR GENERAL OPERATING SUPPORT | $500 |