Ibex Foundation
Ibex Foundation is a private foundation, based in Salt Lake City, UT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $377K in total assets. In 2025, it awarded 8 grants totaling $79K.
Ibex Foundation at a glance
In short: Ibex Foundation gave $79K across 8 grants in 2025 (avg $10K), mostly in Utah. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $78,621
- +6.0% vs 2024
- Grants made (2025)
- 8
- +14.3% vs 2024
- Average grant
- $9,828
- -7.3% vs 2024
- Median grant
- $2,500
- Total assets
- $376,620
- -17.3% vs 2024
- Primary geography
- Utah (89% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Ibex Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was University of Utah ($57K across 2 grants). Together the top 7 received $79K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 24 grants of 26 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Ibex Foundation gives
- Giving grew 106% from 2022 to 2025. Method
- In 2021 it paid out 147% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $35K (2023) to $79K (2025). In 2025 it made 8 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Utah Salt Lake City, UT | Support Engineering Education | $55,500 |
| Rowland Hall Salt Lake City, UT | Support Education | $10,600 |
| The Dreyer Foundation | To Help Develope Burkina Faso | $5,000 |
| Ian Burkardt Foundation Dublin, OH | Charitable Donation | $3,000 |
| Utah Youth Symphony Salt Lake City, UT | To Support the Mission of the Uysoe | $2,000 |
| University of Utah Salt Lake City, UT | Support Dept. of Biomed Engineering | $1,500 |
| Inter'l Table Tennis Foundation | To Support Mission of the Ittf | $521 |
| Wikimedia Endowment Washington DC, DC | To Support Wikipedia | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $376,620 | — | $78,621 | $78,621 | 8 | $78,621 | — | — |
| 2024 | $455,241 | — | $74,201 | $74,201 | 7 | $74,201 | — | — |
| 2023 | $529,442 | — | $35,110 | $35,110 | 3 | $35,110 | — | — |
| 2022 | $564,552 | — | $38,222 | $38,222 | 3 | $38,222 | — | — |
| 2021 | $602,774 | $43,598 | $66,135 | $43,598 | 5 | $43,598 | — | $29,687 |
| 2020 | $625,311 | $55,196 | $46,227 | $45,227 | 5 | — | $8,969 | $30,721 |
Leadership & Key People
Officers and directors from IRS filings
Ibex Foundation is led by Florian Solzbacher, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Florian Solzbacher
President
On filings since 2020
1 hr/week
No compensation reported
Marcus C. Gerhardt
Vice President
On filings since 2020
1 hr/week
No compensation reported
Xiaoxin Chen
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Ibex Foundation
How much does Ibex Foundation give each year?
Ibex Foundation gave $79K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $74K across 7 grants.
What is Ibex Foundation's typical grant size?
Ibex Foundation's median grant in 2025 was $2,500, and its average grant was $9,828, across 8 grants on its 2025 IRS Form 990-PF.
Where does Ibex Foundation give grants?
Ibex Foundation gives mostly in Utah: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Salt Lake City, UT (4 grants).
Does Ibex Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Ibex Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Ibex Foundation's largest grantees?
Ibex Foundation's largest 2025 grantees include University of Utah ($57,000 across 2 grants), Rowland Hall ($10,600) and The Dreyer Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.
How large is Ibex Foundation?
Ibex Foundation reported $377K in total assets on its 2025 IRS Form 990-PF.
What is Ibex Foundation's EIN?
Ibex Foundation's EIN (Employer Identification Number) is 83-1739301. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
Live grants for the work Ibex Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Ibex Foundation's focus areas in our free grants database
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