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Nonprofit · EIN 65-0714038

GSB FAMILY FOUNDATION INC

Tax-exempt · VERO BEACH, FL 32960

Financials

$74K$45K2023$79K$95K2024$307K$78K2025
Revenue Expenses · by fiscal year end
Financials of GSB FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$306,782$77,528$229,254$650,310$0$650,310
December 31, 2024990-PF$79,136$94,677-$15,541$421,056$0$421,056
December 31, 2023990-PF$73,627$45,011$28,616$436,597$0$436,597
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$266,542
Dividends
$13,504
Net gain from sales of assets
$26,736

Expenses

Grants and similar amounts paid
$74,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$76,665
Excise tax on investment income
$1,132

Balance sheet and other

Total assets, start of year
$421,056
Total assets, end of year
$650,310
Total liabilities, end of year
$0
Net assets, end of year
$650,310
Fair market value of assets
$1,081,280
Qualifying distributions
$76,665
Net investment income
$81,472

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRENDA M BAILEY
PO BOX 3244, TEQUESTA, FL 33469
V. PRES1$0
JEFF BAILEY
380 E LIONSHEAD CIRCLE, VAIL, CO 81657
PRES / SEC0$0
DOUGLAS BAILEY
2705 N YUCATAN STREET, ARLINGTON, VA 22213
V PRES0$0
MARY BAILEY
3817 NORMAND AVENUE, DALLAS, TX 75209
V PRES0$0
J VINCENT BOYLE
700 2OTH STREET, VERO BEACH, FL 32960
TREASURER0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
BRENDA M BAILEY
PO BOX 3244, TEQUESTA, FL 33469
V. PRES1$0
JEFF BAILEY
380 E LIONSHEAD CIRCLE, VAIL, CO 81657
PRES / SEC0$0
DOUGLAS BAILEY
2705 N YUCATAN STREET, ARLINGTON, VA 22213
V PRES0$0
MARY BAILEY
3817 NORMAND AVENUE, DALLAS, TX 75209
V PRES0$0
J VINCENT BOYLE
700 2OTHE STREET, VERO BEACH, FL 32960
TREASURER0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BRENDA M BAILEY
PO BOX 3244, TEQUESTA, FL 33469
V. PRES1$0
JEFF BAILEY
380 E LIONSHEAD CIRCLE, VAIL, CO 81657
PRES / SEC0$0
DOUGLAS BAILEY
2705 N YUCATAN STREET, ARLINGTON, VA 22213
V PRES0$0
MARY BAILEY
3817 NORMAND AVENUE, DALLAS, TX 75209
V PRES0$0
J VINCENT BOYLE
700 2OTHE STREET, VERO BEACH, FL 32960
TREASURER0$0

Address and contacts

Address (IRS master file)
700 20TH ST, VERO BEACH, FL 32960-5442
Signed the 990-PF
JEFF BAILEY, PRESIDENT
Phone
(772) 562-4158
Return prepared by
OFFUTT BARTON SCHLITT LLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
65-0714038
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
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$650,310
Income (IRS master file)
$360,465

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$306,782$77,528$650,310XML
990-PFDecember 2024$79,136$94,677$421,056XML
990-PFDecember 2023$73,627$45,011$436,597XML
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 65-0714038).

Questions about GSB FAMILY FOUNDATION INC

What is the EIN of GSB FAMILY FOUNDATION INC?
The employer identification number (EIN) of GSB FAMILY FOUNDATION INC is 65-0714038.
Is GSB FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to GSB FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GSB FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GSB FAMILY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GSB FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of GSB FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does GSB FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $306,782, expenses of $77,528 and total assets of $650,310 at year end.

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