The Ada L and Albert M Wibel Foundation is a private charitable foundation established in 2006, headquartered in Orlando, Florida. The foundation focuses its philanthropic efforts on supporting vulnerable populations, particularly elderly citizens and disadvantaged children, through grants to qualified nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
+1.3% YoY
Annual Giving
$279K
+3.0% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$11K
+3.0% YoY
Under IRS private-foundation payout rules, Ada L and Albert M Wibel Foundation reported a distributable amount of $328K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides funding to organizations that:
- Provide care and aid for elderly citizens, including visiting nurse organizations and routine or special transportation services
- Deliver meals and support services for seniors
- Provide hospice care for terminally ill patients
- Support caregivers' organizations
- Offer food, shelter, medical care, and housing to disadvantaged children
Primary funding categories include Social & Human Services (approximately 59% of giving), Health (17%), and Religion (10%).
Grantmaking
Applicants must contact the foundation directly for application details. There are no stated application deadlines.
Review Cycle
.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation distributes grants across multiple states, with 47% of grants remaining in Florida. Significant funding also flows to Maryland, Ohio, and California. Recent grantmaking shows particular activity in Virginia, the District of Columbia, and Maryland.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $6,156,254
- Total Revenues: $408,052
- Total Expenses: $342,727
- Investment Income and Dividends: $169,716
- Net Gain from Sale of Non-Inventory Assets: $234,533
Historical Context:
- Founded: 2006
- Tax-Exempt Status: 501(c)(3) organization
- EIN: 20-6966139
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,156,254 | $6,075,154 | $6,229,001 |
| Revenue | $408,052 | $177,147 | $529,383 |
| Expenses | $342,727 | $338,089 | $389,097 |
| Qualifying Distributions | $310,980 | $300,906 | $354,061 |
| Net Investment Income | $373,530 | $147,718 | $495,094 |
| Distributable Amount | $327,671 | $301,112 | $314,647 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Seabury Resources for Aging ($25,250), Caringmatters ($11,000), Community Reach of Montgomery County ($11,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARINGMATTERS GAITHERSBURG, MD | GENERAL FUNDS | $11,000 |
| COMMUNITY REACH OF MONTGOMERY COUNTY ROCKVILLE, MD | GENERAL OPEATING | $11,000 |
| FACETS FAIRFAX, VA | GENERAL OPERATING | $11,000 |
| GAITHERSBURG HELP GAITHERSBURG, MD | GENERAL OPERATING | $6,000 |
| GOOD NEWS COMMUNITY KITCHEN OCCOQUAN, VA | GENERAL OPERATING | $6,000 |
| MY SISTER'S PLACE WASHINGTON, DC | GENERAL OPERATING | $11,000 |
| NEIGHBOR RIDE COLUMBIA, MD | GENERAL OPERATING | $11,000 |
| REBUILDING TOGETHER DC ALEXANDRIA WASHINGTON, DC | GENERAL OPERATING | $11,000 |
| SHEPHERD'S CENTER OF NORTHERN VA VIENNA, VA | GENERAL OPERATING | $11,000 |
| WE ARE FAMILY SENIOR OUTREACH WASHINGTON, DC | COMMUNITY | $11,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Karen N Conrad, Co-Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRUIST BANK | CO-TRUSTEE | 2 | $40,460 |
| KAREN N CONRAD | CO-TRUSTEE | 2 | $18,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ada L and Albert M Wibel Foundation fund?
The foundation provides funding to organizations that: • Provide care and aid for elderly citizens, including visiting nurse organizations and routine or special transportation services • Deliver meals and support services for seniors • Provide hospice care for terminally ill patients • Support caregivers' organizations • Offer food, shelter, medical care, and housing to disadvantaged children Primary funding categories include Social & Human Services (approximately 59% of giving), Health (17%)…
How do I apply for a grant from Ada L and Albert M Wibel Foundation?
**Grant Characteristics:** • Typical grant awards range from $6,000 to $25,250 • The foundation made 27 grants in 2024 • Total giving in 2024: $279,250 **Recent Grant Examples (2024):** • Seabury Resources for Aging: $25,250 • Senior Services of Alexandria: $11,000 • CaringMatters: $11,000 • Insight Memory Care: $11,000 • Community Reach of Montgomery County: $11,000 • Good News Community Kitchen: $6,000 • Gaithersburg HELP: $6,000 **Application Process:** Applicants must contact the foundation…
Where does Ada L and Albert M Wibel Foundation make grants?
The foundation distributes grants across multiple states, with 47% of grants remaining in Florida. Significant funding also flows to Maryland, Ohio, and California. Recent grantmaking shows particular activity in Virginia, the District of Columbia, and Maryland.
What size grants does Ada L and Albert M Wibel Foundation award?
In 2024, Ada L and Albert M Wibel Foundation awarded 25 grants totaling $279K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Ada L and Albert M Wibel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ada L and Albert M Wibel Foundation reported a distributable amount of $328K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ada L and Albert M Wibel Foundation's EIN?
Ada L and Albert M Wibel Foundation's EIN (Employer Identification Number) is 20-6966139. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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