2024-08-20T09:25:17-05:00 2023-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2023-01-01 203413020 THE KELLY GIBSON FOUNDATION KELL 5044008013 PO BOX 2141 MANDEVILLE LA 70470 KELLY GIBSON CHAIRMAN 5044008013 2024-08-09 1 1 BRUCE S PRENDERGAST MS CPA P00151746 5048355522 2023 2024-08-08 14:25:15Z KELLY GIBSON 13 WISTERIA LANE COVINGTON LA 70433 1046614 0 X WWW.KELLYGIBSONFOUNDATION.ORG X 2005 LA TO ASSIST IN IMPROVING THE LIVES OF THOSE WHO LIVE IN NEW ORLEANS AND THE [CONT'D ON SCH O] SURROUNDING AREAS WITH AN EMPHASIS ON SUPPORTING CHILDREN'S ATHLETIC PROGRAMS AND INITIATIVES FOR FIRST RESPONDERS AND MILITARY PERSONNEL. 13 13 4 100 0 0 363752 400759 137962 185603 -90505 54074 62139 51504 473348 691940 72014 65997 0 0 148665 173483 0 0 54189 196687 296554 417366 536034 55982 155906 892040 1201904 41521 57198 850519 1144706 X THE KELLY GIBSON FOUNDATION IS A COMMUNITY DRIVEN CHARITY DEDICATED TO IMPROVING THE LIVES OF THOSE WHO LIVE IN NEW ORLEANS AND THE SURROUNDING AREAS WITH AN EMPHASIS ON SUPPORTING CHILDREN'S ATHLETIC PROGRAMMING, FIRST RESPONDERS AND MILITARY INITIATIVES. 0 0 363435 185602 THROUGH JUNIOR GOLF PROGRAMMING, THE KELLY GIBSON FOUNDATION PRODUCED 19 JUNIOR GOLF TOURNAMENTS SPANNING FROM LAKE CHARLES, BATON ROUGE, THE GREATER NEW ORLEANS AREA TO THE GULF COAST REGION, AND ALABAMA.THE KELLY GIBSON JUNIOR GOLF TOUR IS AN INTRODUCTION TO COMPETITION AND IS OPEN TO BOTH MALE AND FEMALE JUNIOR GOLFERS AGES 7-22. MEMBERS OF THE TOUR COMPETE IN UP TO SEVEN ONE-DAY TOURNAMENTS DURING THE SUMMER FROM JUNE TO JULY.THE OSCAR J TOLMAS MENTORSHIP PROGRAM PROVIDES A POSITIVE LEARNING EXPERIENCE FOR BOYS AGES 7-10 AND GIRLS AGES 7-13. MENTORS ARE JUNIORS IN HIGH SCHOOL THROUGH 5TH YEAR SENIORS IN COLLEGE [CONT'D ON SCH O] WHO WALK WITH THEIR MENTEES DURING THEIR 9-HOLE ROUND. THEY TEACH ETIQUETTE, PACE OF PLAY, BASIC RULES AND COURSE MANAGEMENT TO PROVIDE A MORE ENJOYABLE EXPERIENCE.THE ALLSTATE SUGAR BOWL FALL SERIES ARE TWO-DAY JUNIOR GOLF TOURNAMENTS PRODUCED FROM AUGUST TO DECEMBER SPANNING FROM LAKE CHARLES TO THE GULF COAST REGION AND ALABAMA. THESE EVENTS PROVIDE MORE LOCAL PLAYING OPPORTUNITIES FOR BOYS AGES 10-18 AND GIRLS AGES 13-18 WHO WANT TO TAKE THEIR GAME TO THE NEXT LEVEL.THE ALLSTATE SUGAR BOWL TOMMY MOORE MEMORIAL IS AN ANNUAL INTERNATIONAL JUNIOR GOLF TOURNAMENT FEATURING 84 TOP-RANKED JUNIOR GOLFERS FROM ACROSS THE COUNTRY AND WORLD EACH HOLIDAY SEASON IN NEW ORLEANS AT TPC LOUISIANA, HOME OF THE PGA TOUR'S ZURICH CLASSIC. 14997 14997 DURING 2023, THE KELLY GIBSON FOUNDATION AWARDED $19,500 IN COLLEGE SCHOLARSHIPS TO 10 MEMBERS OF THE KELLY GIBSON JUNIOR GOLF TOUR. SINCE 2010, ALONG WITH VARIOUS COMMUNITY PARTNERSHIPS, 338 SCHOLARSHIPS HAVE BEEN AWARDED TOTALING $784,300. SCHOLARSHIPS ARE AWARDED BASED ON COMMUNITY SERVICE, ACADEMICS AND FINANCIAL NEED; NOT GOLFING ABILITY. ELIGIBLE APPLICANTS MUST SATISFY MENTORSHIP AND PLAYING REQUIREMENTS ON THE JUNIOR TOUR AND BE A JUNIOR IN HIGH SCHOOL OR OLDER.THERE ARE CURRENTLY EIGHT SCHOLARSHIPS THAT HAVE YET TO BE REDEEMED TOTALING $16,000. THESE SCHOLARSHIPS WILL BE PAID WITHIN THREE YEARS. THE FOUNDATION PROVIDES GRANTS TO CHARITABLE ORGANIZATIONS THAT SHARE OUR MISSION. DURING 2023, THE FOUNDATION GRANTED A TOTAL OF $10,997 TO VARIOUS ORGANIZATIONS. 51000 51000 THE KELLY GIBSON FOUNDATION IS PROUD TO AWARD SCHOLARSHIPS TO CHILDREN OF MILITARY FAMILIES THROUGH THE OSCAR J TOLMAS MEMORIAL SCHOLARSHIP FUND AS PART OF OUR SWING HARD FOR SOLDIERS EVENT EACH WEEK OF VETERANS MONTH. THIS GOLF TOURNAMENT IS A PATRIOTIC DAY THAT HONORS OUR NATION'S VETERANS AND AWARDS SCHOLARSHIPS TO ANY CHILD WHO IS A JUNIOR IN HIGH SCHOOL THROUGH 5TH YEAR SENIOR IN COLLEGE AND A DIRECT DESCENDANT OF SOMEONE WHO HAS SERVED IN ANY OF THE MAJOR BRANCHES OF MILITARY. IN 2023, $51,000 IN SCHOLARSHIPS WERE AWARDED TO 17 YOUNG MEN AND WOMEN. SINCE 2018, 77 SCHOLARSHIPS HAVE BEEN AWARDED TOTALING $191,000.THERE ARE CURRENTLY 19 SCHOLARSHIPS THAT HAVE YET TO BE REDEEMED TOTALING $55,600. THESE SCHOLARSHIPS WILL BE PAID WITHIN THREE YEARS. 429432 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 10 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X TAYLOR CAPOUCH 5044008013 233 ST ANN DR SUITE 2 MANDEVILLE LA 70471 KELLY M GIBSON CHAIRMAN 15.00 X X 0 0 0 JAMES HINGLE PRESIDENT 1.00 X X 0 0 0 STEVE SAWYER VICE PRESIDENT 1.00 X X 0 0 0 ELIZABETH P GIBSON SECRETARY/TREASURER 4.00 X X 0 0 0 KEN FRIEND JR DIRECTOR 1.00 X 0 0 0 PATRICK CAWTHORNE DIRECTOR 1.00 X 0 0 0 GILES KIBBE DIRECTOR 1.00 X 0 0 0 JIM GRADY DIRECTOR 1.00 X 0 0 0 JOHN HAMPFORD DIRECTOR 1.00 X 0 0 0 CHRIS PATRIZI DIRECTOR 1.00 X 0 0 0 STACEY SERRO DIRECTOR 1.00 X 0 0 0 PATRICK MCMATH DIRECTOR 1.00 X 0 0 0 MICHAEL LOUP DIRECTOR 1.00 X 0 0 0 TAYLOR CAPOUCH EXECUTIVE DIRECTOR 40.00 X 89758 0 0 HUDSON HARRIS 1123-4123 DIRECTOR OF OPERATIONS 40.00 X 12519 0 0 CELEST WILSON 1123- 7123 MARKETING COORDINATOR 40.00 X 30247 0 0 MICHAEL BRYAN DAY DIRECTOR OF OPERATIONS 40.00 X 28631 0 0 161155 0 0 0 0 0 0 0 130268 270491 400759 JUNIOR GOLF TOUR 900099 185603 185603 185603 40341 40341 140680 126947 13733 13733 13733 271004 130268 227727 43277 43277 MISC INCOME 900099 8227 8227 8227 691940 193830 0 97351 10997 10997 55000 55000 118388 82872 5919 29597 42767 29937 2138 10692 12328 8630 616 3082 9216 9216 1731 1731 8000 8000 44077 38212 5865 2473 2473 6779 115 6664 24989 17493 1249 6247 9772 2443 4886 2443 9268 5958 1182 2128 JUNIOR GOLF PROGRAMMING 177626 177626 DUES AND SUBSCRIPTIONS 2034 2034 MISC EXPENSES 440 440 OTHER EXPENSES 149 149 536034 429432 52413 54189 701036 795799 51306 40198 11108 11108 179896 394997 892040 1201904 41521 57198 41521 57198 X 0 0 0 0 850519 1144706 850519 1144706 892040 1201904 X 155906 138281 X 0 0 0 X 285676 275848 393373 363753 400759 1719409 285676 275848 393373 363753 400759 1719409 480183 1239226 7834 9150 5697 11984 40342 75007 64047 59074 51504 174625 1969041 1520078 0.62940 0.65170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11108 11108 40198 40198 0 11108 NIGHT OF JAZZ 278025 36968 241057 25102 28360 37249 4245 65427 SWING HARD FOR SOLDIERS 123247 93300 29947 34056 10000 14482 293 8513 401272 130268 271004 59158 38360 51731 4538 73940 227727 43277 1 COLLEGE SCHOLARSHIPS 23 48500 PART I, LINE 2: COLLEGE SCHOLARSHIPS - FUNDS GIVEN FOR COLLEGE SCHOLARSHIPS WERE ALLOCATED DIRECTLY TO COLLEGES VIA CHECK AND IDENTIFICATION OF THE STUDENT FOR WHICH THE SCHOLARSHIP WAS GIVEN. X 4 SEE PART II X 18 SEE PART II X JEWELRY/ACCESSORIES 39 0 SEE PART II X EXPERIENCES 85 0 SEE PART II X SERVICES 13 0 SEE PART II X DINING 17 0 SEE PART II 0 0 0 PART I, LINE 33: REVENUES WERE NOT REPORTED FOR THE NON-CASH CONTRIBUTIONS LISTED IN PART I BECAUSE THE ITEMS WERE TO BE AUCTIONED DURING 2023. THE REVENUES GENERATED FROM THE SALE OF THESE ITEMS ARE LISTED ON FORM 990, PART VIII, LINE 8A. FORM 990, PART VI, SECTION A, LINE 2 THE CHAIRMAN, KELLY GIBSON, AND THE SECRETARY/TREASURER, ELIZABETH GIBSON, ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE BOARD ON A REGULAR BASIS TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 OFFICER'S COMPENSATION IS DETERMINED BY AN INDEPENDENT BOARD USING COMPARABLE DATA TO DETERMINE THE APPROPRIATE AMOUNT. THE PROCESS IS DOCUMENTED IN THE CORPORATE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: COST BASIS ADJUSTMENT 138,281.