Gsb Family Foundation Inc

Vero Beach, FL
Tax-exempt since Jan. 1997
EIN: 65-0714038

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$79.1k (2024)

Expenses

$94.7k (2024)

Total Assets

$421k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$79,136

Expenses

$94,677

Net Income

-$15,541

Net Assets

$421,056

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$49,658	62.8%
Interest Revenue	$0
Dividends	$11,700	14.8%
Sales of Assets	$17,778	22.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$93,511	98.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$421,056
Total Liabilities	$0
Net Assets	$421,056

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Pres / Sec)	$0	$0
Douglas Bailey (V Pres)	$0	$0
Mary Bailey (V Pres)	$0	$0
J Vincent Boyle (Treasurer)	$0	$0

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990-PF

Filed on April 4, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$73,627

Expenses

$45,011

Net Income

$28,616

Net Assets

$436,597

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$51,292	69.7%
Interest Revenue	$0
Dividends	$9,548	13.0%
Sales of Assets	$12,787	17.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,011	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$436,597
Total Liabilities	$0
Net Assets	$436,597

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Pres / Sec)	$0	$0
Douglas Bailey (V Pres)	$0	$0
Mary Bailey (V Pres)	$0	$0
J Vincent Boyle (Treasurer)	$0	$0

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990-PF

Filed on April 2, 2024

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2022

Revenue

$60,584

Expenses

$14,262

Net Income

$46,322

Net Assets

$407,981

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$48,755	80.5%
Interest Revenue	$0
Dividends	$8,141	13.4%
Sales of Assets	$3,688	6.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,831	97.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$407,981
Total Liabilities	$0
Net Assets	$407,981

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Pres / Sec)	$0	$0
Douglas Bailey (V Pres)	$0	$0
Mary Bailey (V Pres)	$0	$0
J Vincent Boyle (Treasurer)	$0	$0

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990-PF

Filed on Feb. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$79,873

Expenses

$87,990

Net Income

-$8,117

Net Assets

$361,659

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$51,420	64.4%
Interest Revenue	$0
Dividends	$7,532	9.4%
Sales of Assets	$20,921	26.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$86,811	98.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$361,659
Total Liabilities	$0
Net Assets	$361,659

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on March 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$89,094

Expenses

$24,622

Net Income

$64,472

Net Assets

$369,775

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,143	56.3%
Interest Revenue	$0
Dividends	$7,303	8.2%
Sales of Assets	$31,648	35.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,369	94.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$369,776
Total Liabilities	$1
Net Assets	$369,775

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on March 29, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$77,136

Expenses

$13,604

Net Income

$63,532

Net Assets

$305,303

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,390	65.3%
Interest Revenue	$0
Dividends	$7,305	9.5%
Sales of Assets	$19,441	25.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,369	98.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$305,304
Total Liabilities	$1
Net Assets	$305,303

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on Feb. 28, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$6,809

Expenses

$13,177

Net Income

-$6,368

Net Assets

$241,772

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,806	100.0%
Sales of Assets	$3	0.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,436	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$241,772
Total Liabilities	$0
Net Assets	$241,772

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on March 21, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$71,773

Expenses

$28,950

Net Income

$42,823

Net Assets

$248,140

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,015	69.7%
Interest Revenue	$0
Dividends	$6,055	8.4%
Sales of Assets	$15,703	21.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,461	98.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$248,140
Total Liabilities	$0
Net Assets	$248,140

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on Feb. 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$57,117

Expenses

$41,177

Net Income

$15,940

Net Assets

$205,317

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$49,807	87.2%
Interest Revenue	$0
Dividends	$5,078	8.9%
Sales of Assets	$2,232	3.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$40,466	98.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$205,317
Total Liabilities	$0
Net Assets	$205,317

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on March 13, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$47,625

Expenses

$20,259

Net Income

$27,366

Net Assets

$189,377

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$35,509	74.6%
Interest Revenue	$0
Dividends	$5,093	10.7%
Sales of Assets	$7,023	14.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$19,803	97.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$189,377
Total Liabilities	$0
Net Assets	$189,377

Compensation

Key Employees and Officers	Compensation	Other
Brenda M Bailey (V. Pres)	$0	$0
Jeff Bailey (Secy)	$0	$0

990-PF

Filed on Feb. 10, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$13,757

Expenses

$40,304

Net Income

-$26,547

Net Assets

$160,238

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,683	34.0%
Sales of Assets	$9,074	66.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,996	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$160,238
Total Liabilities	$0
Net Assets	$160,238

Compensation

Key Employees and Officers	Compensation	Other
Gary S Bailey (Pres./Treas.)	$0	$0
Brenda M Bailey (V.Pres/Secy)	$0	$0

990-PF

Filed on March 9, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

-$3,394

Expenses

$8,608

Net Income

-$12,002

Net Assets

$188,558

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,038
Sales of Assets	-$9,432
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,472	98.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$188,558
Total Liabilities	$0
Net Assets	$188,558

Compensation

Key Employees and Officers	Compensation	Other
Gary S Bailey (Pres./Treas.)	$0	$0
Brenda M Bailey (V.Pres/Secy)	$0	$0

990-PF

Filed on March 4, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$7,279

Expenses

$50,537

Net Income

-$43,258

Net Assets

$236,298

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$5,996	82.4%
Sales of Assets	$1,283	17.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$48,287	95.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$236,299
Total Liabilities	$1
Net Assets	$236,298

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$3,531

Expenses

$36,388

Net Income

-$32,857

Net Assets

$264,319

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.1%
Dividends	$3,529	99.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,563	92.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$264,320
Total Liabilities	$1
Net Assets	$264,319

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Gsb Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $79.1k (2024)

Expenses $94.7k (2024)

Total Assets $421k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$79.1k (2024)

Expenses

$94.7k (2024)

Total Assets

$421k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

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2022

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2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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