Ibc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAREDO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 5 grants totaling $2.1M. Net investment income was $180K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
-25.4% YoY
Annual Giving
$2.1M
+71.7% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$412K
+37.3% YoY
About Ibc Foundation
Based on IRS filings
Ibc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAREDO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 5 grants totaling $2.1M. Net investment income was $180K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,464,403 | $4,644,639 | $4,055,631 |
| Revenue | $881,949 | $1,792,705 | $673,379 |
| Expenses | $2,062,185 | $1,203,697 | $1,078,450 |
| Qualifying Distributions | $2,060,000 | $1,203,197 | $1,077,950 |
| Net Investment Income | $179,949 | $91,205 | $22,379 |
| Distributable Amount | $236,305 | $200,555 | $185,721 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENNIS E NIXON | DIRECTOR/PRESIDENT | 1 | — |
| JUDITH WAWROSKI | DIRECTOR/VP/TREASURER | 1 | — |
| MARISSA V SANTOS | SECRETARY | 1 | — |
| LARRY NORTON | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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