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Nonprofit · EIN 27-1464092

LYNN AND BRUCE GIBSON FAMILY FOUNDATION

Tax-exempt · BELLEVUE, WA 98015

Financials

$338K$556K2023$484K$584K2024
Revenue Expenses · by fiscal year end
Financials of LYNN AND BRUCE GIBSON FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$483,793$584,141-$100,348$1,572,623$0$1,572,623
December 31, 2023990-PF$337,764$555,675-$217,911$1,672,971$0$1,672,971
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$131,925
Net gain from sales of assets
$351,868

Expenses

Grants and similar amounts paid
$568,650
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$576,145
Excise tax on investment income
$6,614

Balance sheet and other

Total assets, start of year
$1,672,971
Total assets, end of year
$1,572,623
Total liabilities, end of year
$0
Net assets, end of year
$1,572,623
Fair market value of assets
$15,299,491
Qualifying distributions
$576,145
Net investment income
$483,793

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Bruce F Gibson
PO BOX 50268, BELLEVUE, WA 98015
V.P. ,TREASURER & Director0$0
Lynn C Gibson
PO BOX 50268, BELLEVUE, WA 98015
PRESIDENT, SECRETARY & DIRECTO0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Bruce F Gibson
PO BOX 50268, BELLEVUE, WA 98015
V.P. ,TREASURER & Director0$0
Lynn C Gibson
PO BOX 50268, BELLEVUE, WA 98015
PRESIDENT, SECRETARY & DIRECTO0$0

Address and contacts

Address (IRS master file)
PO BOX 50268, BELLEVUE, WA 98015-0268
In care of
% LYNN GIBSON
Signed the 990-PF
BRUCE GIBSON, VICE PRESIDENT
Phone
(425) 830-8139
Return prepared by
BDO USA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-1464092
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,572,623
Income (IRS master file)
$681,164

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$483,793$584,141$1,572,623XML
990-PFDecember 2023$337,764$555,675$1,672,971XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1464092).

Questions about LYNN AND BRUCE GIBSON FAMILY FOUNDATION

What is the EIN of LYNN AND BRUCE GIBSON FAMILY FOUNDATION?
The employer identification number (EIN) of LYNN AND BRUCE GIBSON FAMILY FOUNDATION is 27-1464092.
Is LYNN AND BRUCE GIBSON FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to LYNN AND BRUCE GIBSON FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LYNN AND BRUCE GIBSON FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LYNN AND BRUCE GIBSON FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LYNN AND BRUCE GIBSON FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LYNN AND BRUCE GIBSON FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does LYNN AND BRUCE GIBSON FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $483,793, expenses of $584,141 and total assets of $1,572,623 at year end.

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