National Gypsum Asbestos Trust
National Gypsum Trust was established in 1993 to compensate victims of asbestos exposure from National Gypsum Company products. The trust currently pays 5% of scheduled values, with average mesothelioma payouts of $28,000–$40,000.
Last verified: 2026-03-09Payment percentages are subject to change and are adjusted periodically by trust administrators. Average payout ranges are estimates based on publicly available trust reports. Filing deadlines and eligibility requirements may change. Consult an asbestos attorney for current information specific to your case.
- Company
- National Gypsum Company
- Established
- 1993
- Total Assets
- $440 million+
- Payment Percentage
- 5%
- Avg. Meso Payout
- $28,000–$40,000
- Status
- Active
- Filing Deadline
- No fixed deadline — ongoing acceptance
Overview
The National Gypsum Trust compensates victims exposed to asbestos-containing products manufactured by National Gypsum Company, including its Gold Bond brand of joint compound, drywall, and building products. National Gypsum was one of the largest gypsum product manufacturers in the country.
History & Background
National Gypsum Company manufactured asbestos-containing joint compound, drywall products, and acoustical ceiling materials under the Gold Bond brand name. Like USG, National Gypsum's joint compound products contained asbestos and exposed drywall finishers to asbestos fibers during sanding. The company filed for bankruptcy in 1990, and the trust was established in 1993.
Eligibility Requirements
To file a claim with the National Gypsum Trust, you must meet the following criteria:
- Exposure to National Gypsum or Gold Bond asbestos-containing products
- Medical diagnosis of an asbestos-related disease
- Exposure evidence (work history, product identification)
How to File a Claim
The filing process for the National Gypsum Trust involves the following steps:
- Document exposure to National Gypsum/Gold Bond products
- Submit claim form with medical records and exposure evidence
- Trust reviews and assigns disease category
- Payment issued at current payment percentage
Most claimants work with an experienced mesothelioma attorney who handles the entire filing process, including gathering evidence, preparing documentation, and communicating with the trust on their behalf.
Filing requirements, deadlines, and procedures are subject to change at the discretion of trust administrators. This information is provided for general educational purposes only and does not constitute legal advice. An experienced asbestos attorney can provide guidance specific to your situation and ensure your claim is filed correctly.
Need Help Filing a National Gypsum Trust Claim?
Filing an asbestos trust fund claim involves complex documentation and strict deadlines. An experienced mesothelioma attorney can handle the entire process and help maximize your compensation.
Diseases Covered
The National Gypsum Trust accepts claims for the following asbestos-related conditions:
Mesothelioma claims receive the highest scheduled values and are typically processed through expedited review.
Industries & Products Affected
Industries
Workers in the following industries may have been exposed to National Gypsum Company asbestos products:
Products
The following asbestos-containing products were manufactured by National Gypsum Company:
Related Exposure Sites
Workers at these facilities may have been exposed to products from National Gypsum Company.
Frequently Asked Questions
What was Gold Bond joint compound?
Gold Bond was the brand name for National Gypsum's joint compound products, which contained asbestos. Drywall finishers who sanded Gold Bond joint compound were exposed to asbestos fibers.
How much does the National Gypsum Trust pay?
The trust currently pays approximately 5% of scheduled values. Mesothelioma claims typically receive $28,000 to $40,000.
Information verified: March 9, 2026
Sources:
- National Gypsum Asbestos Trust Distribution Procedures — accessed March 9, 2026
Get Help with Your National Gypsum Trust Claim
Our experienced mesothelioma attorneys have helped thousands of patients and families file asbestos trust fund claims. We will evaluate your exposure to National Gypsum Company products, determine your eligibility, and handle the entire claims process. There is no cost, no pressure, and no obligation.
Or call us 24/7: 1-800-400-1805