Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 12-01-2021 , and ending 11-30-2022
Name of foundation
Gregory L Gibson Charitable Foundation
Inc
Number and street (or P.O. box number if mail is not delivered to street address)3200 E Haythorne Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Terre Haute, IN47805
A Employer identification number

01-0852643
B Telephone number (see instructions)

(812) 466-1233
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$11,721,914J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,077,770
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,540 5,540 5,540
4 Dividends and interest from securities... 219,421 169,424 219,421
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 307,048
b Gross sales price for all assets on line 6a 2,639,436
7 Capital gain net income (from Part IV, line 2)... 307,048
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,609,779 482,012 224,961
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 11,361 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,085 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,446 0 0 0
25 Contributions, gifts, grants paid....... 506,263 506,263
26 Total expenses and disbursements. Add lines 24 and 25 521,709 0 0 506,263
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,088,070
b Net investment income (if negative, enter -0-) 482,012
c Adjusted net income (if negative, enter -0-)... 224,961
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 55,812 707,899 707,899
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,878,585 Click to see attachment1,498,341 1,564,980
b Investments—corporate stock (attach schedule)....... 4,160,364 Click to see attachment4,676,583 9,019,799
c Investments—corporate bonds (attach schedule)....... 173,333 Click to see attachment473,341 429,236
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,268,094 7,356,164 11,721,914
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,268,094 7,356,164
29 Total net assets or fund balances (see instructions)..... 6,268,094 7,356,164
30 Total liabilities and net assets/fund balances (see instructions). 6,268,094 7,356,164
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,268,094
2
Enter amount from Part I, line 27a .....................
2
1,088,070
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,356,164
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,356,164
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Southern IL St Univ Series A P 2011-10-27 2022-01-04
b Metropolitan Pier & Exposition IL P 2011-01-13 2022-01-04
c Dimensional Fund Advisors International Emerging Markets Value P 2020-01-01 2022-03-11
d Dimensional Fund Advisors International Emerging Markets Value P 2020-01-01 2022-08-12
e Dimensional Fund Advisors International Emerging Mkts Small P 2022-01-01 2022-03-11
Dimensional Fund Advisors International Emerging Mkts Small P 2022-01-01 2022-08-12
Dimensional Fund Advisors International Emerging Mkts Large P 2022-01-01 2022-03-11
Dimensional Fund Advisors International Emerging Mkts Large P 2022-01-01 2022-08-12
Federated Government Obligations FUnd P 2020-01-01 2022-08-30
Clark County, IN General Obligation Bond P 2020-12-31 2022-01-18
Clark County, IN General Obligation Bond P 2020-12-31 2022-07-15
Carmel IN Redev Auth Lease P 2020-12-30 2022-08-01
Kendall Kane & Will Cntys P 2009-07-07 2022-02-01
Warner Bros Discovery Inc P 2011-06-08 2022-04-22
Warner Bros Discovery Inc P 2015-08-31 2022-04-22
Fidelity Contrafund P   2021-12-14
Fidelity Contrafund P   2022-02-08
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 228,360   168,290 60,070
b 86,843   90,000 -3,157
c 185,971   150,082 35,889
d 175,914   150,095 25,819
e 171,212   128,966 42,246
163,464   128,966 34,498
130,768   113,186 17,582
125,400   113,186 12,214
773,601   773,601 0
75,000   75,000 0
95,000   95,000 0
200,000   202,890 -2,890
175,000   143,090 31,910
13   17 -4
13   19 -6
46,705     46,705
6,172     6,172
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       60,070
b       -3,157
c       35,889
d       25,819
e       42,246
      34,498
      17,582
      12,214
      0
      0
      0
      -2,890
      31,910
      -4
      -6
      46,705
      6,172
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 307,048
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 106,540
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,700
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,700
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,300
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFirst Financial Bank Telephone no.bullet (812) 238-6000

    Located atbulletPO Box 540Terre HauteIN ZIP+4bullet47808
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Gregory L Gibson President
    1.00     		0 0 0
    3200 E Haythorne Avenue
    Terre Haute,IN47805
    Amy Gibson Director
    1.00     		0 0 0
    3200 E Haythorne Avenue
    Terre Haute,IN47805
    Max L Gibson Secretary
    1.00     		0 0 0
    3200 E Haythorne Avenue
    Terre Haute,IN47805
    John Perry Treasurer
    1.00     		0 0 0
    72 Briarwood Drive
    Terre Haute,IN47803
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    11,222,312
    b
    Average of monthly cash balances.......................
    1b
    770,970
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,993,282
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    11,993,282
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    525,000
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    11,468,282
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    573,414
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    573,414
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    6,700
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,700
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    566,714
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    566,714
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    566,714
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 566,714
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 506,263
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 506,263
    a Applied to 2020, but not more than line 2a 506,263
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		566,714
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    First Financial Bank Carol Myers
    PO Box 540
    Terre Haute,IN47808
    (812) 238-6000
    bThe form in which applications should be submitted and information and materials they should include:
    Written request should include the nature of the organization, a copy of the tax exemption letter and the reason for the request.
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    14th and Chestnut Comm Center
    1403 Chestnut St
    Terre Haute,IN47809     		None Public Contribution for general operations 5,000
    American Red Cross
    700 S Third Street
    Terre Haute,IN47807     		None Public Contribution for general operations 5,000
    Art Spaces Inc
    669 Ohio Street
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Ben Franklin Elementary School
    1600 Dr Iverson C Bell Ln
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Candles Holocaust Museum
    1532 S Third St
    Terre Haute,IN47802     		None PC Contribution for general operations 2,500
    Catholic Charities of Terre Haute
    1801 Poplar Street
    Terre Haute,IN47803     		None Public Contribution for general operations 2,500
    Compassion Ministries
    7711 Wabash Avenue
    Terre Haute,IN47803     		None Public Contribution for general operations 2,000
    Gibault Inc
    6401 S US Hwy 41
    Terre Haute,IN47802     		None EOF Contribution for general operations 5,000
    Griffin Bike Park
    10700 Bono Rd
    Terre Haute,IN47802     		None Public Contribution for general operational support. 2,000
    Hamilton Center
    620 Eighth Avenue
    Terre Haute,IN47804     		None Public Contribution for general operations 5,000
    Hospice of the Wabash Valley
    400 E Eighth Avenue
    Terre Haute,IN47804     		None Public Contribution for general operations 35,000
    IN Track & CC Coaches Hall of Fame
    5353 E Margaret Drive
    Terre Haute,IN47803     		None Public Contribution for general operations 5,000
    Indiana Academy
    24815 St Rte 19
    Cicero,IN46034     		None EOF Contribution for general operations 1,000
    Indiana State University Athletics
    200 N Seventh Street
    Terre Haute,IN47809     		None Public Contribution for general operations 5,000
    Ivy Tech Foundation
    2820 N Meridian St
    Indianapolis,IN46208     		None Public Contribution for general operations 20,000
    Kiwanis Club of Terre Haute
    5301 Wabash Avenue
    Terre Haute,IN47803     		None Public Contribution for general operations 1,000
    Light House Mission
    1450 Wabash Avenue
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Miracle on Seventh Street
    Downtown
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Noon Optimist Club
    5190 Wabash Avenue
    Terre Haute,IN47807     		None Public Contribution for general operations 1,000
    Otter Creek Middle School
    4801 N Lafayette St
    Terre Haute,IN47805     		None GOV Contribution for general operational support. 6,000
    Rio Grande Elementary School
    5555 E Rio Grande Ave
    Terre Haute,IN47805     		None GOV Contribution for general operational support. 2,000
    Rose-Hulman Institute of Tech
    5500 Wabash Avenue
    Terre Haute,IN47803     		None Public Contribution for general operations 50,000
    Sisters of Providence
    1 Sisters of Providence Rd
    St Mary of the Woods,IN47876     		None Public Contribution for general operations 1,000
    St Mary of the Woods College
    3301 St Marys Rd
    St Mary of the Woods,IN47876     		None Public Contribution for general operations 75,000
    Susie's Place
    630 Wabash Avenue
    Terre Haute,IN47807     		None Public Contribution for general operations 2,000
    Swope Art Museum
    25 South 7th Street
    Terre Haute,IN47807     		None Public Contribution for general operations 5,000
    Terre Haute Childrens Museum
    727 Wabash Avenue
    Terre Haute,IN47807     		None Public Contribution for general operations 5,000
    Terre Haute North HS Fishing Team
    3434 Maple Ave
    Terre Haute,IN47804     		None EOF Contribution for general operations 5,000
    Terre Haute Symphony
    25 N 6th St
    Terre Haute,IN47807     		None Public Contribution for general operational support. 5,000
    Terre Haute Women's Club
    PO Box 3217
    Terre Haute,IN47803     		None Public General Support 1,500
    TH North Vigo High School
    3434 Maple Avenue
    Terre Haute,IN47804     		None GOV Contribution for general operations 5,000
    Union Hospital Foundation
    1606 N 7th St
    Terre Haute,IN47804     		None Public Contribution for general operations 5,000
    United Way of the Wabash Valley
    2901 Ohio Blvd 215
    Terre Haute,IN47803     		None Public Contribution for general operations 10,000
    Vigo County Education Foundation
    PO Box 703
    Terre Haute,IN47803     		None Public Contribution for general operations 5,000
    Vigo County Historical Society
    1411 South 6th Street
    Terre Haute,IN47802     		None Public Contribution for general operations 5,000
    Wabash Valley Community Foundation
    2901 Ohio Blvd
    Terre Haute,IN47803     		None Public Contribution for general operations 2,500
    Wabash Valley Family Sports Center
    599 S Tabortown St
    Terre Haute,IN47803     		None Public Contribution for general operations 80,763
    Wabash Valley Girls Softball League
    2601 N 19th St
    Terre Haute,IN47804     		None Public Contribution for general operational support. 18,000
    Wabash Valley Goodwill Industries Inc
    2702 S 3rd St
    Terre Haute,IN47802     		None Public General Support 500
    Riverscape
    PO Box 9553
    Terre Haute,IN47808     		None Public Contribution for general operations 6,000
    Vigo County YMCA
    951 Dresser Dr
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Happiness Bag Inc
    3833 Union Rd
    Terre Haute,IN47802     		None Public Contribution for general operations 5,000
    Trees Inc
    PO Box 3683
    Terre Haute,IN47803     		None Public Contribution for general operations 1,000
    Indiana State University
    200 N Seventh Street
    Terre Haute,IN47809     		None Public Contribution for general operations 50,000
    Sisters of our Lady of Mt Carmel
    14598 Oak Ridge Rd
    Carmel,IN46032     		None Public Contribution for general operations 1,000
    Wabash Valley Breast Cancer Survivors Inc
    1120 E Davis Dr Apt 141
    Terre Haute,IN47802     		None Public Contribution for general operations 5,000
    Clay County Humane Society
    8280 N Cnty Rd 125 W 7535
    Brazil,IN47834     		None Public Contribution for general operations 5,000
    Jas Aspen
    110 E Hallarn St 104
    Aspen,CO81611     		None Public Contribution for general operations 15,000
    Independent Colleges of Indiana
    30 S Meridian St 800
    Indianapolis,IN46204     		None Public Contribution for general operations 2,000
    Indiana Sheriff's Youth Ranch
    5325 N State Rd 59
    Brazil,IN47834     		None Public Contribution for general operations 5,000
    Vigo Homes for Children
    1308 South 6th Street
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Vigo County CIB - Larry Bird Museum
    Cherry Street
    Terre Haute,IN47807     		None Public Contribution for general operations 2,500
    Ryves Hall
    1356 Locust St
    Terre Haute,IN47807     		None Public Contribution for general operations 1,000
    Thrive West Central
    2800 Poplar St STE 9A
    Terre Haute,IN47803     		None Public Contribution for general operations 1,000
    Maryland Community Church
    4700 S State Rd 46
    Terre Haute,IN47802     		None Public Contribution for general operations 500
    Grand Canyon Conservancy
    PO Box 399
    Grand Canyon,AZ86023     		None Public Contribution for general operations 500
    St George Orthodox Church
    1900 S 4th St
    Terre Haute,IN47802     		None Public Contribution for general operations 500
    The Helping Hand
    960 National Ave
    West Terre Haute,IN47885     		None Public Contribution for general operations 500
    Applied Behavior Center for Autism
    727 Wabash Avenue
    Terre Haute,IN47807     		None Public Contribution for general operations 500
    Terre Haute North HS Polaris Award
    3434 Maple Ave
    Terre Haute,IN47804     		None Public Contribution for general operations 1,000
    The Phoenix House
    1911 8th Avenue
    Terre Haute,IN47804     		None Public Contribution for general operations 1,000
    Nevins Township Trustee
    9449 Richardson Street
    Rosedale,IN47874     		None Public Contribution for general operations 1,000
    Total .................................bullet 3a 506,263
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 5,540  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 307,048  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 532,009 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    532,009
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    Gregory L Gibson Charitable Foundation
    Inc
    Employer identification number

    01-0852643
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    Gregory L Gibson Charitable Foundation
    Inc         		Employer identification number
    01-0852643
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Gregory L Gibson
    3200 E Haythorne Avenue
     
    Terre Haute, IN47805

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Gregory L Gibson
     
    3200 E Haythorne Avenue
     
    Terre Haute, IN47805

    		$ 168,290


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Gregory L Gibson
     
    3200 E Haythorne Avenue
     
    Terre Haute, IN47805

    		$ 226,372


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Gregory L Gibson
     
    3200 E Haythorne Avenue
     
    Terre Haute, IN47805

    		$ 90,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    Gregory L Gibson
     
    3200 E Haythorne Avenue
     
    Terre Haute, IN47805

    		$ 300,177


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    Gregory L Gibson
     
    3200 E Haythorne Avenue
     
    Terre Haute, IN47805

    		$ 257,931


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    Gregory L Gibson Charitable Foundation
    Inc         		Employer identification number
    01-0852643
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    Kenneth Depasse
    PO Box 5253
     
    Terre Haute, IN47805

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    Gregory L Gibson Charitable Foundation
    Inc         		Employer identification number

    01-0852643
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 250,000 Units Southern IL St Univ HSG Series A Zero Coupon Muni Bond $ 168,290 2021-12-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 8,800 Par Value Dimensional Fund Advisors Internat'l Mkts Large $ 226,372 2021-12-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 90,000 units Metropolitan Pier & Exposition IL Zero-Coupon Bond $ 90,000 2021-12-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 12,830.554 Units Dimensional Fund Adivsors International Emerging Markets $ 300,177 2021-12-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 15,045 Units Dimensional Fund Advisors Internat'l Emerging Mkts Small $ 257,931 2022-03-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    Gregory L Gibson Charitable Foundation
    Inc         		Employer identification number

    01-0852643
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 CashDeemedCharitableExplnStmt
    Name:
    Gregory L Gibson Charitable Foundation
     
    Inc
    EIN:
    01-0852643
    Explanation:
    The increase amount is to cover the undistributed income for 2020 that must be distributed in 2021.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Gregory L Gibson Charitable Foundation
     
    Inc
    EIN:
    01-0852643
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Goldman Sachs Capital II 49,313 37,875
    Vangaurd InFlat Protect 24,707 22,421
    USB Capital IX USB 50,000 40,426
    Goldman Sachs Capital II 49,321 37,875
    Goldman Sachs Group Inc 100,000 96,103
    Royal BK CDA 50,000 50,036
    Toronto Dominion Bank 150,000 144,500

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Gregory L Gibson Charitable Foundation
     
    Inc
    EIN:
    01-0852643
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Everest RE Group LTD 17,088 67,588
    Chubb Limited 16,697 54,898
    AT&T Corp 14,523 11,568
    Abbott Labs 40,466 107,580
    Abbvie Inc 4,965 32,236
    Alphabet Inc 50,212 201,980
    Apple Inc 58,482 355,272
    Baxter Intl Inc 27,937 56,530
    Berkshire Hawthaway Inc 20,125 47,790
    Carrier Global Corp 3,775 13,296
    Caterpillar Inc Del 43,992 118,205
    Cisco Systems Inc 40,560 99,440
    Comcast Corporation 17,058 51,296
    Duke Energy Corp 21,348 29,979
    Meta Platform Inc Class A 22,471 29,525
    Fidelity Contrafund Cash Dividend 174,117 404,473
    General Electric Co 54,780 32,239
    General Mls Inc 11,358 25,590
    General Motors Co 22,245 28,392
    HCA Holdings Inc 32,515 120,110
    Halliburton Co 30,521 26,523
    Intel Corp 25,956 36,084
    Ishares Tr MSCI EAFE 73,876 65,442
    Ishare TR Russell 91,376 197,148
    Kontoor Brands Inc 1,046 4,953
    Lilly Eli & Co 37,054 371,080
    Marathon Petroleum 36,621 146,172
    Merck & Co Inc 24,822 55,060
    Microsoft Corp 24,271 242,383
    Mondelez International Inc 35,998 67,610
    Nextera Energy Inc 16,649 101,640
    Norfolk Southern Corp 22,410 76,950
    Occidental Pete Corp 17,100 13,898
    Occidental Petroleum Warrant 141 1,187
    Organon & Co 1,191 1,301
    Otis Worldwide Corp 5,758 11,714
    Pepsico Inc 52,288 148,408
    Pfizer Inc 22,072 37,598
    Prudential Financial Inc 16,344 32,409
    Raytheon Technologies Corp 13,141 29,616
    Schlumberger Ltd 45,581 30,930
    Simon PPTY Group Inc 44,779 35,832
    Smucker J M Co 12,424 30,802
    Traverlers Companies 18,246 56,943
    VF Corp 17,476 26,256
    Vanguard REIT Index 281,339 290,734
    Vanguard Dev Mkt Indx 380,000 446,045
    Vanguard Consumer Discretionary 25,270 49,296
    Vanguard Consumer Staple ETF Fund 24,489 34,928
    Vanguard Energy ETF 25,488 35,098
    Vanguard Financial ETF 24,485 44,300
    Vanguard Health Care ETF 24,063 44,511
    Vanguard Industrials ETF 24,696 42,928
    Vanguard Information Technology Index 26,035 78,287
    Vanguard Materials ETF 24,277 40,675
    Vanguard Utilities ETF 25,191 35,100
    Vanguard Telecommunication Services ETF 24,692 22,202
    Vanguard EM Mkt STK Ind 170,007 181,838
    Vanguard Mid Cap Index ADM 600,000 1,007,273
    Vanguard Sml Cap indx ADM 335,000 539,120
    Verizon Communications 37,001 38,980
    Viatris Inc 1,263 1,026
    Wartec Corp 1,249 1,617
    Walgreens Boots Alliance Inc 31,352 33,200
    Waste Connections Inc 328,250 1,083,750
    Wells Fargo & Co 53,260 95,900
    First Horizo Corp 3,931 8,474
    Merchants Bancorp 240,000 575,775
    The Southern Company 9,319 13,528
    Wells Fargo & Co 50,000 33,820
    Warner Bros Discovery Inc 4,491 1,642
    Taiwan Semiconductor Mfg 92,415 82,980
    Vanguard World FDS Energy EFT 100,065 108,486
    First Horizon Bk Memphis 176,500 174,000
    Merchants Bancorp 8.25% 50,000 55,100
    Merchants Bancorp IN 6% 50,600 42,900
    US Bancorp 50,000 40,360

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    Gregory L Gibson Charitable Foundation
     
    Inc
    EIN:
    01-0852643
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    1,498,341
    State & Local Government Securities - End of Year Fair Market Value:


    1,564,980


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Gregory L Gibson Charitable Foundation
     
    Inc
    EIN:
    01-0852643
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Trust Fees 11,361 0 0 0


    TY 2021 TaxesSchedule
    Name:
    Gregory L Gibson Charitable Foundation
     
    Inc
    EIN:
    01-0852643
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax Withheld 964 0 0 0
    Income Tax 721 0 0 0
    Estimated Tax Payments 2,400 0 0 0