Overview
What is The Gibault Foundation Inc?
The Gibault Foundation Inc, located in Terre Haute, Indiana, serves as a dedicated supporter of Gibault, Inc., a non-profit 501(c)(3) organization. Its primary mission is to contribute financially to Gibault, Inc., aiding in the organization's programs and operational expenses. This mutual partnership aims to further Gibault, Inc.'s objectives and mission in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Gibault Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization achieved a score of 94% based solely on its Accountability & Finance beacon, indicating exemplary practices in managing its resources and ensuring transparency in operations during the most recent fiscal year, FY2022.
The foundation demonstrates a robust governance structure with a fully independent board, all eight members being independent, which contributes positively to its score. Additionally, the organization has implemented comprehensive financial oversight practices, including an Audit and Oversight Committee, and maintains solid policies regarding conflicts of interest, whistleblowing, and document retention.
Furthermore, The Gibault Foundation Inc is dedicated to its mission, with a program expense ratio of 87.79%, indicating that a significant portion of its expenditures directly supports its programs. The organization maintains a healthy liabilities-to-assets ratio of 9.51%, further illustrating its financial stability. Overall, the foundation exhibits high standards in accountability and financial management, earning it a favorable reputation among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Gibault Foundation Inc legitimate?
The Gibault Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gibault Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Gibault Foundation Inc?
The Gibault Foundation Inc's mission is centered around providing support to Gibault, Inc., a 501(c)(3) organization. This support extends to both programs and operational needs of Gibault Inc. The Foundation's role is to solely contribute to the betterment and functioning of this not-for-profit organization.
Who is the CEO of The Gibault Foundation Inc?
Jeff Guenther is the Principal Officer of The Gibault Foundation Inc. The CEO's salary of The Gibault Foundation Inc is $0 and their total compensation is $278,377.
What is the revenue of The Gibault Foundation Inc?
The Gibault Foundation Inc's revenue in 2022 was $1,538,957.
Who are the executives of The Gibault Foundation Inc and what are their salaries?
Here are 6 key members and their salaries (The Gibault Foundation Inc's CEO's salary is $0 and their total compensation is $278,377):
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- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $268,087
- Other: $10,290
Where can I find the form 990 for The Gibault Foundation Inc?
The Gibault Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Gibault Foundation Inc
The Gibault Foundation Inc is committed to providing assistance and support to Gibault, Inc., a 501(c)(3) organization. This nonprofit entity's primary mission is to contribute financially to Gibault, Inc., aiding in the operation and execution of its programs. The Gibault Foundation Inc serves as a benefactor, ensuring the continuity and success of Gibault, Inc.'s initiatives in its capacity as a not-for-profit organization.
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Impact
October, 2024
The Gibault Foundation Inc plays a crucial role in enhancing the services and programs offered by Gibault, Inc., significantly impacting the community in Terre Haute, Indiana. By providing vital financial support, the Foundation enables Gibault, Inc. to deliver essential educational programs and resources to those in need. Through its commitment to furthering these initiatives, The Gibault Foundation helps improve the lives of individuals and families, fostering personal growth and development. Its dedicated assistance ensures that Gibault, Inc. continues to operate effectively, creating lasting positive change in the community.
This information is meant to be a general summary of The Gibault Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $415,604
- Program Service Revenue: $825,000
- Gross Receipts: $6,750,797
Assets and Liabilities:
- Total Assets: $15,146,507
- Total Liabilities: $1,441,446
- Net Assets: $13,705,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lease Income
Revenue
$825,000
Organization Details
Founding Year
1987
Phone
(812) 298-3201Principal Officer
Jeff Guenther
Main Address
PO Box 10355, Terre Haute, IN, 478010355
NTEE Category
Code: B110 - Education
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