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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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