The Hibbs Family Foundation is a private foundation located in Tyler, Texas, established in March 2000. It operates as a 501(c)(3) organization with no employees and functions as a grantmaking foundation supporting various charitable causes in the East Texas region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+4.1% YoY
Annual Giving
$210K
-49.0% YoY
Grant Count
32
+14.3% YoY
Avg Grant Size
$7K
-55.4% YoY
Mission & Focus Areas
The foundation primarily funds:
- Memorials
- Programs impacting the lives of children and families
- Medical and dental care for financially disadvantaged families
- Educational scholarships
- Arts organizations
- Military support programs
- Business and economic research initiatives
Grantmaking
The foundation made 31 grants totaling approximately $277,539 in the most recent fiscal year. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation focuses on East Texas, with particular emphasis on the Tyler area and surrounding communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $3,125,525
- Total Revenues: $362,577
- Total Expenses: $240,317
As of Fiscal Year Ending December 2023:
- Total Assets: $3,003,265
- Total Giving: $411,623
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,125,525 | $3,003,265 | $3,236,905 |
| Revenue | $362,577 | $209,481 | $135,722 |
| Expenses | $240,317 | $443,937 | $289,205 |
| Qualifying Distributions | $209,969 | $411,623 | $161,763 |
| Net Investment Income | $161,746 | $109,756 | — |
| Distributable Amount | $165,798 | $156,628 | $137,988 |
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
158 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
Billy E. Hibbs, Jr. - Chairman and CEO of Heartland Insurance Group, Inc., and President of Hibbs Family Foundation. He previously interned at the University of Texas Bureau of Business Research in Austin during the 1970s and serves on the Advisory Board of the Hibbs Institute for Business & Economic Research.
Tisa Weiss Hibbs - Serves in a key leadership role on the Board. She has experience in Hollywood and theatre, and serves on the board of Tyler Civic Theatre Center.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STRATTON WEISS HIBBS | Secretary | — | — |
| BILLY E HIBBS JR | President | — | — |
| TERESA W HIBBS | Vice President | — | — |
| LONDON ELIZABETH HIBBS | Director | — | — |
| ROBERT MONAGHAN | Director | — | — |
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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