Programs
Support For Gibault, Inc.
The Gibault Foundation, Inc. is dedicated to benefiting, servicing, and solely supporting Gibault, Inc. (a Not-for-Profit 501(c)(3) organization). The Foundation contributes to Gibault, Inc. for programs and operations.GeographiesNot indicatedDatesJan 1, 2023 – Dec 31, 2023Source990No causes providedNo populations provided–$858KGibault Foundation Property Management
In support of Gibault Inc.'s future growth, development, and financial well-being, the Foundation owns and maintains the buildings, land and land improvements. The buildings are leased by Gibault, Inc. for various programs. Depreciation expense was $821,180 in 2023. Additionally, the Foundation paid interest expense to a local bank related to a bond issue incurred to renovate existing buildings. Interest paid during 2023 was $44,917. The Foundation received lease payments from Gibault, Inc. totaling $825,000 during 2023.GeographiesNot indicatedDatesJan 1, 2023 – Dec 31, 2023Source990No causes providedNo populations provided–$865K
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