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Ibex Foundation is a private corporation based in SALT LAKE CTY, UT. The foundation received its IRS ruling in 2019. It holds total assets of $455K. Annual income is reported at N/A. Total assets have decreased from $616K in 2019 to $455K in 2024. 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 2018 to 2024. The foundation primarily funds organizations in Utah, Ohio and New Mexico. According to available records, Ibex Foundation has made 11 grants totaling $120K, with a median grant of $10K. Annual giving has grown from $44K in 2021 to $76K in 2022. Individual grants have ranged from N/A to $23K, with an average award of $11K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Utah and Ohio and New Mexico. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$6K
Average Grant
$9K
Largest Grant
$23K
Based on 5 grants from the most recent 990-PF filing.
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.
Ibex Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in UT, OH, NM.
Ibex Foundation has distributed a total of $120K across 11 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from N/A to $23K.
Ibex Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ibex Foundation is headquartered in SALT LAKE CTY, UT. While based in UT, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Florian Solzbacher | PRESIDENT | $0 | $0 | N/A |
| Xiaoxin Chen | TREASURER | $0 | $0 | N/A |
| Marcus C Gerhardt | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$455K
Fair Market Value
N/A
Net Worth
$455K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$120K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of UtahSUPPORT ENGINEERING EDUCATION | Salt Lake City, UT | $21K | 2022 |
| Rowland HallSUPPORT EDUCATION | Salt Lake City, UT | $10K | 2022 |
| Ian Burkardt FoundationCHARITABLE DONATION | Dublin, OH | $7K | 2022 |
| Nathan CopelandCHARITABLE DONATION | Salt Lake City, UT | $3K | 2021 |
| United World College - UsaSUPPORT EDUCATION | Montezuma, NM | N/A | 2021 |
SALT LAKE CTY, UT
SANDY, UT
SALT LAKE CTY, UT