Malcolm Gibbs Foundation INC FY2021 filing

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 13-4041340Revenue $774K in FY2021

On file with the IRS14 E 60th St Ste 702, 10022-7125 · New York, NYTax-exempt since Aug 1999Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $233K a year · 16% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
990-PF Pt I · 4 filings
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$774K
Spent
$1.2M
Net assets
$15.8M
By yearFY2021–FY2025
Revenue
$774K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$774K
FY2022$2.5M
FY2023$1.5M
FY2025$1.1M
Expenses
$1.2M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2025$1.2M
Net assets
$15.8M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$15.8M
FY2022$17.0M
FY2023$17.3M
FY2025$16.9M

From the FY2021 Form 990 (year ending January 2021) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 59% · $683K Operating & administrative 41% · $479K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Malcolm Gibbs Foundation INC executive salaries →

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Programs and updates

A private foundation based in New York, NY.

Questions for Malcolm Gibbs Foundation INC

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 69 grants · $765K · 2022–2022
Guttman Community CollegeFY2022$102,963
Railroad Street Youth ProjectMA · FY2022$101,000
The Mt Sinai Medical CenterOH · FY2022$85,000
She Should Run FoundationFY2022$55,000
Cast Center for Support Advocay &FY2022$52,500
Planned Parenthood of NycFY2022$50,000
Natl Institute for Reproductive HeaFY2022$35,000
Jacobs Pillow Dance Festival & SchoFY2022$30,000
Doctors Without BordersFY2022$30,000
Radcliffe Institute for Advanced StFY2022$20,000
Naral Pro-Choice America FdnFY2022$15,000
Individual RecipientFY2022$15,000
Triple Shadow INCNY · FY2022$13,500
Coalition for the HomelessFY2022$10,000
World Wildlife Fund INCDC · FY2022$5,000
See all 69 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV35
Average grantPart XV$11K
Median grantPart XV$2K
Largest grantPart XV$103K
Top cause focusNTEEArts & Culture (9%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$774K
Investment income$728K
Gifts and grants$43K
Other income$3K
Money out
$1.2M
Grants paid$683K
Running costs$479K
Owns and owes
$15.8M
net assets
Cash and savings$282K
Total assets$15.8M
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$43K
Investment income$728K
Other income$3K
Total revenue$774K
Assets in detailEnd of year
Cash and savings together$282K
Total assets$15.8M
Liabilities$0
Net assets$15.8M
Operations
Fiscal year endsJanuary

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.2M−$174K$16.9M 990 PDF
FY2024 Not on file
FY2023 $1.5M$1.3M$271K$17.3M 990 PDF
FY2022 $2.5M$1.3M$1.2M$17.0M 990 PDF
FY2021 Viewing $774K$1.2M−$387K$15.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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