EIN 35-1718781

The Gibault Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1987
Most recent tax filings
2023-12-01
Description
The Gibault Foundation, Inc. is dedicated to benefiting, servicing, and solely supporting Gibault, Inc. ( a Not-for-Profit 501(c)(3) organization). The Foundation contributes to Gibault, Inc. for programs and operations. In support of Gibault Inc.'s future growth, development, and financial well-being, the Foundation owns and maintains the buildings, land and land improvements. The buildings are leased by Gibault, Inc. for various programs.
Related structure
The Gibault Foundation is a subordinate organization under Gibault.
Total revenues
$19,053,901
2023
Total expenses
$1,873,173
2023
Total assets
$33,402,109
2023
Num. employees
0
2023

Program areas at The Gibault Foundation

The Gibault Foundation, Inc. is dedicated to benefiting, servicing, and solely supporting Gibault, Inc. (a Not-for-Profit 501(c)(3) organization). The Foundation contributes to Gibault, Inc. for programs and operations.
In support of Gibault Inc.'s future growth, development, and financial well-being, the Foundation owns and maintains the buildings, land and land improvements. The buildings are leased by Gibault, Inc. for various programs. Depreciation expense was $821,180 in 2023. Additionally, the Foundation paid interest expense to a local bank related to a bond issue incurred to renovate existing buildings. Interest paid during 2023 was $44,917. The Foundation received lease payments from Gibault, Inc. totaling $825,000 during 2023.

Grants made by The Gibault Foundation

GranteeGrant descriptionAmount
GibaultTo Provide Operating Support.$858,000

Who funds The Gibault Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation AllianceTo Further the Exempt Purpose of the Organization.$16,299

Personnel at The Gibault Foundation

NameTitleCompensation
Michele MadleyChief Executive Officer$0
Amy AtchleyChief Financial Officer
Scott SchuttePresident$0
Jeffrey R GuentherTreasurer$0
Scott CrossenVice President$0
...and 5 more key personnel

Financials for The Gibault Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$28,738
Program services$825,000
Investment income and dividends$213,462
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$362,466
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$17,624,235
Total revenues$19,053,901

Form 990s for The Gibault Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-05-11990View PDF
2021-122022-05-13990View PDF
2020-122021-07-28990View PDF
2019-122021-05-13990View PDF
...and 9 more Form 990s
Data update history
January 17, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 15, 2025
Updated personnel
Identified 1 new personnel
July 11, 2024
Received grants
Identified 1 new grant, including a grant for $16,299 from Community Foundation Alliance
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $5,406 from Blackford County Community Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsReal estate organizationsHuman service organizationsChapter / child organizationsCharities
Issues
Human services
Characteristics
Funds one specific organizationEndowed supportTax deductible donationsNo full-time employees
General information
Address
PO Box 10355
Terre Haute, IN 47801
Metro area
Terre Haute, IN
County
Vigo County, IN
Phone
(812) 298-3201
IRS details
EIN
35-1718781
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P11: Human Services Single Organization Support
NAICS code, primary
5313: Real Estate Services
Parent/child status
Subordinate organization
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