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Ibc Foundation is a private corporation based in LAREDO, TX. The foundation received its IRS ruling in 1999. The principal officer is % Imelda Navarro. It holds total assets of $3.5M. Annual income is reported at $882K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ibc Foundation has made 14 grants totaling $4M, with a median grant of $50K. Annual giving has grown from $665K in 2021 to $1.2M in 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 8 grants. Individual grants have ranged from $25K to $1M, with an average award of $287K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Texas, New York, Connecticut, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Ibc Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in TX, NY, CT.
Ibc Foundation has distributed a total of $4M across 14 grants. The median grant size is $50K, with an average of $287K. Individual grants have ranged from $25K to $1M.
Ibc Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (742902265) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ibc Foundation is headquartered in LAREDO, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dennis E Nixon | DIRECTOR/PRESIDENT | $0 | $0 | $0 |
| Judith Wawroski | DIRECTOR/VP/TREASURER | $0 | $0 | $0 |
| Marissa V Santos | SECRETARY | $0 | $0 | $0 |
| Larry Norton | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$4.6M
Fair Market Value
$4.6M
Net Worth
$4.6M
Grants Paid
$1.2M
Contributions
$1.7M
Net Investment Income
$91K
Distribution Amount
$201K
Total Grants
14
Total Giving
$4M
Average Grant
$287K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Remember The Alamo FoundationALAMO PLAN | San Antonio, TX | $500K | 2023 |
| Ut Health Science CenterENDOWED PROFESSORSHIP | San Antonio, TX | $400K | 2023 |
| St Mary'S UniversityNURSING WING | San Antonio, TX | $250K | 2023 |
| University Of Texas - El PasoBANKING PROGRAM | El Paso, TX | $50K | 2023 |
| Md Anderson Cancer CenterSUPPORT PROGRAM | Houston, TX | $1M | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Medecins Sans FrontieresSUPPORT PROGRAM | New York, NY | $25K | 2022 |
| Save The ChildrenSUPPORT PROGRAM | Fairfield, CT | $25K | 2022 |
| Care IncSUPPORT PROGRAM | Covington, LA | $25K | 2022 |
| University Of Texas At El PasoSUPPORT PROGRAM | El Paso, TX | $50K | 2021 |
HOUSTON, TX
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