Theodore Roosevelt Gibson Memorial Fund Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION WAS FORMED TO UNIFY AND BRIDGE GAPS BETWEEN DIVERSE GROUPS WITHIN THE LOCAL COCONUT GROVE AND WIDER MIAMI-DADE COMMUNITIES.
- Income
- $23,190
- Spending
- $25,562
- Spent on programs
- 48%
- Reserves
- Over 10 years of spending
- Largest source of income
- other income, 97%
- Employees
- 0
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 80% of charities in its peer group (philanthropy, under $250k).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $12,237 spent. HISTORICAL MUSEUM - TO CREATE A MUSEUM TO PRESERVE THE HISTORY OF COCONUT GROVE THROUGH THE NEW TRGMF COCONUT GROVE HISTORICAL MUSEUM PROJECT. THIS PROJECT AIMS TO HELP PROMOTE THE COCONUT GROVE AREA WITH A STATE OF THE ART MUSEUM AND ALSO TO DEVELOP AN INTERACTIVE WEBSITE THAT WILL ALLOW THOSE UNABLE TO PHYSICALLY TOUR THE MUSEUM, THE ABILITY TO USE A DESKTOP OR MOBILE DEVICE TO NAVIGATE THROUGH THE MUSEUM EXHIBITS AND HISTORICAL ARTIFACTS.
- ORGANIZATION IS DEVELOPING AND BUILDING AFFORDABLE HOUSING FOR SOUTH FLORIDA RESIDENCE.
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending February 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1983.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.