GEBBIE FOUNDATION INC

JAMESTOWN, NY · EIN 166050287 · Form 990PF · FY2024 · Medium ($1M-$10M)

revenue

$3.9M

expenses

$1.0M

net assets

$75.9M

employees

—

profile · synthesized from sources

GEBBIE FOUNDATION INC is a private foundation based in Jamestown, NY, that supports community development, cultural initiatives, and economic revitalization in Chautauqua County. The organization primarily funds capital projects, operational support, and marketing efforts for local nonprofits and development corporations. Its largest grants support infrastructure and public facilities, including an ice arena expansion and riverfront strategic planning.

named programs · 3 · from sources

What they call their work

Arena Expansion Project

Supports capital improvements and operations for the ice arena in Jamestown through taxable refunding bonds

Chautauqua River Strategic Business Plan

Funds development planning along the Chadakoin River to promote economic growth

Directors and CEO Discretionary Grants

Provides flexible funding to various organizations for economic development and community initiatives in the region

activities · 6 groups

What they do

Centralized Community Federation Support 1 activity
- Awarding annual membership or network participation grants
  
  Awards an annual grant to the NY Funders Alliance, supporting regional philanthropic collaboration and knowledge sharing.
Community Foundation & United Way Support 1 activity
- Awarding discretionary and scholarship grants for community benefit
  
  Allocates discretionary grants to various organizations for economic development purposes and supports community service grants and the Ney/Stinemann Scholarship Fund through the Chautauqua Region Community Foundation.
Capital Infrastructure Funding 1 activity
- Funding capital and operational improvements for community infrastructure
  
  Funds capital improvements, operations, and expansion of an ice arena through taxable refunding bonds, and finances development of a strategic business plan for the Chadakoin River.
General Operating Support Grants 1 activity
- Providing operating and program support to local economic and community development organizations
  
  Provides operating support and program funding to Jamestown Renaissance Corp., supports operational expenses of the Chautauqua County Community Cultural Educational and Philanthropic Fund, and funds campaign support and leadership circle initiatives at United Way of Southern Chautauqua County.
Fundraising and Financial Support for IDD Services 1 activity
- Supporting health and human services programs
  
  Provides operational support for The Resource Center’s CHQ Plus program, which serves individuals with disabilities and other vulnerable populations.
Uncategorized 1 activity
- Funding cultural and arts institutions
  
  Provides funding to the National Comedy Center for debt service and marketing activities, supports Phase I of a mural project through the Roger Tory Institute, and provides a marketing grant for the Pearl City Clay House via Infinity Performing Arts Program Inc.

financials · form 990PF · fy2024

revenue

Total revenue$3.85M

Contributions & grants——

Program service revenue——

Investment income$1.56M40%

Other revenue$2.01M

expenses

Total expenses$1.00M

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits$0

Grants paid out$3.24M

balance sheet

Total assets$79.24M

Cash—

Investments—

Liabilities—

Net assets$75.94M

3 years on record · 2020–2024 · YoY revenue +33.6%

leadership · form 990 part vii · fy2024

Who runs it

board members · 5

DR LYNN DUNHAM — DIRECTOR
ELIZABETH BAUMAN — DIRECTOR
NANCY GLEASON — DIRECTOR
ROBERT WHITE — DIRECTOR
THOMAS HOLT — DIRECTOR

relationships · 12

Who they work with

CHAUTAUGUA COUNTY COMMUNITY CULTURAL EDUCATIONAL AND PHILANTHROPIC FUND Partner — Receives operational support funding.
CHAUTAUQUA REGION COMMUNITY FOUNDATION Partner — Receives funding for community service grants and scholarship programs.
CHAUTAUQUA REGION INDUSTRIAL DEVELOPMENT CORP Partner — Receives funding for the Chadakoin River strategic business plan.
DIRECTORS AND CEO DISCRETIONARY GRANTS Partner — Channel for discretionary grants supporting various organizations and economic development.
INFINITY PERFORMING ARTS PROGRAM INC Partner — Receives a marketing grant for the Pearl City Clay House.
JAMESTOWN CENTER CITY DEVELOPMENT CORP Partner — Receives grant funding for ice arena operations, capital improvements, and expansion project.
JAMESTOWN RENAISSANCE CORP Partner — Receives operating support and program funding.
NATIONAL COMEDY CENTER INC Partner — Receives grant funding for debt service and marketing.
NY FUNDERS ALLIANCE Partner — Receives an annual grant.
ROGER TORY INSTITUTE Partner — Receives funding for Phase I of a mural project.
THE RESOURCE CENTER Partner — Receives operational support for its CHQ Plus program.
UNITED WAY OF SOUTHERN CHAUTAUQUA COUNTY Partner — Receives campaign support and leadership circle funding.