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Hibel Family Foundation is a private corporation based in WINNETKA, IL. The foundation received its IRS ruling in 2021. The principal officer is Andrew W Hibel. It holds total assets of $206K. Annual income is reported at $417K. Total assets have grown from $9K in 2020 to $534K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Hibel Family Foundation has made 30 grants totaling $245K, with a median grant of $8K. Annual giving has grown from $22K in 2021 to $144K in 2023. Individual grants have ranged from $350 to $50K, with an average award of $9K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Illinois, Indiana, Michigan, which account for 57% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hibel Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in IL, IN, MI.
Hibel Family Foundation has distributed a total of $245K across 30 grants. The median grant size is $8K, with an average of $9K. Individual grants have ranged from $350 to $50K.
Hibel Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hibel Family Foundation is headquartered in WINNETKA, IL. While based in IL, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew Hibel | Secretary | $0 | $0 | N/A |
| Eizabeth Hibel | President | $0 | $0 | N/A |
| Andrew B Coxhead | Treasurer | $0 | $0 | N/A |
Total Giving
$228K
Total Assets
$534K
Fair Market Value
$542K
Net Worth
$533K
Grants Paid
$144K
Contributions
$110K
Net Investment Income
N/A
Distribution Amount
N/A
Total: $435K
Total Grants
30
Total Giving
$245K
Average Grant
$9K
Median Grant
$8K
Unique Recipients
18
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Natl Assoc Of Charitable Gift PlannersAnnual Support | Indianapolis, IN | $50K | 2023 |
| Lilly Family School Of PhilanthropyAnnual Support | Detroit, MI | $25K | 2023 |
| Poverty AlleviationAnnual Support | Chicago, IL | $11K | 2023 |
| Frank Lloyd Wright FoundationScholarship | Scottsdale, AZ | $8K | 2023 |
| Oregon State UniversityScholarship | Corvalis, OR | $8K | 2023 |
| Virginia Tech Foundation IncInternship | Blacksburg, VA | $8K | 2023 |
| CaseScholarship | Pittsburgh, PA | $8K | 2023 |
| Jewish United FoundationScholarship | Chicago, IL | $8K | 2023 |
| University Of Il FoundationInternship | Chicago, IL | $8K | 2023 |
| Trustees Of Boston CollegeInternship | Chestnut Hill, MA | $8K | 2023 |
| National Hbcu AlumniAnnual Support | Silver Spring, MD | $3K | 2023 |
| Mid America Charitable Gift PlannersScholarship | Kansas City, MO | $1K | 2023 |
| Rock And Soul Forever FoundationAnnual Support | Leonardo, NJ | $1K | 2023 |
| Fusion Academy Scholarship FoundationScholarship | Grand Rapids, MI | $350 | 2023 |
| Bandwith ChicagoAnnual Support | Chicago, IL | — | 2023 |
| University Of ChicagoPediatric Hearing Program | Chicago, IL | — | 2023 |
| Chicago Council On Planned GivingAnnual Support | Naperville, IL | — | 2023 |
| Equal Justice InitiativeAnnual Support | Montgomery, AL | — | 2023 |