UNITED STATES
SECRITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549

FORM 13F
FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 2011
Check here if Amendment [  ]; Amendment Number:
This Amendment (Check only one.):       [  ] is a restatement.
                                        [  ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:           Gibson Capital, LLC
Address:       6600 Brooktree Court, Suite 2200
                        Wexford, PA  15090


13F File Number: 28-12998

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this submission.

Person Signing this Report on Behalf of Reporting Manager:

Name:           Brenda S. Gibson
Title:               CEO/CCO
Phone:          724-934-3200

Signature, Place, and Date of Signing:
Brenda S. Gibson    Wexford, PA            January 12, 2012

Report Type (Check only one.):
[ X]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[  ]        13F COMBINATION REPORT.

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934


FORM 13F SUMMARY PAGE
Report Summary:

Number of Other Included Managers:      0

Form 13F Information Table Entry Total: 11

Form 13F Information Table Value Total: 196,869 (x$1000)






ISSUER	      ISSUER DSC       CUSIP       VALUE  SH/  SHS or  PT/ INV  OTH	    VTNG AUTH
        			          ($1000) PR   PR AM   CL  DIS  MGR       SL   SH     NO
	      	       
BRKSHR HTHWY    CL B NEW         084670702     225SH     2,950    SOLE NONE     2,950   0      0
ISHRS TRST      BARCLYS TIPS BD  464287176  20,277SH   173,764    SOLE NONE   166,115   0  7,649
ISHRS TRST      FTSE KLD400 SOC  464288570   3,138SH    66,927    SOLE NONE    66,927   0      0
ISHRS TRST      MSCI EAFE IDX    464287465     601SH    12,134    SOLE NONE    12,134   0      0
ISHRS TRST      MSCI EMERG MKT   464287234     417SH    10,994    SOLE NONE    10,880   0    114
ISHRS TRST      RUSSELL 3000     464287689   2,195SH    29,589    SOLE NONE    29,589   0      0
SPR SRS TRST    DJ INTL RL ETF   78463X863  28,081SH   882,230    SOLE NONE   865,786   0 16,444
SPR SRS TRST    DJ REIT ETF      78464A607     825SH    12,817    SOLE NONE    12,817   0      0
VGRD IDX FDS    REIT ETF         922908553  50,324SH   867,662    SOLE NONE   839,161   0 28,501
VGRD TX MNGD    MSCI EAFE ETF    921943858     886SH    28,912    SOLE NONE    22,810   0  6,102
VGRD IDX FDS    STK MKT ETF      922908769  89,899SH 1,398,116    SOLE NONE 1,356,176   0 41,940