Ibex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $455K in total assets. In 2024, it awarded 7 grants totaling $74K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$455K
-14.0% YoY
Annual Giving
$74K
+111.3% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$11K
-9.4% YoY
About Ibex Foundation
Based on IRS filings
Ibex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $455K in total assets. In 2024, it awarded 7 grants totaling $74K.
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 | $455,241 | $529,442 | $564,552 |
| Revenue | — | — | — |
| Expenses | $74,201 | $35,110 | $38,222 |
| Qualifying Distributions | $74,201 | $35,110 | $38,222 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Utah ($55,500), Rowland Hall ($11,630), Ian Burkardt Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IAN BURKARDT FOUNDATION DUBLIN, OH | CHARITABLE DONATION | $3,000 |
| ROWLAND HALL SALT LAKE CITY, UT | SUPPORT EDUCATION | $11,630 |
| UNIVERSITY OF UTAH SALT LAKE CITY, UT | SUPPORT ENGINEERING EDUCATION | $55,500 |
| UNIVERSITY OF UTAH SALT LAKE CITY, UT | SUPPORT DEPT. OF BIOMED ENGINEERING | $1,500 |
| WIKIMEDIA ENDOWMENT WASHINGTON DC, DC | TO SUPPORT WIKIPEDIA | $50 |
| INTER'L TABLE TENNIS FOUNDATION | TO SUPPORT MISSION OF THE ITTF | $521 |
| UTAH YOUTH SYMPHONY SALT LAKE CITY, UT | TO SUPPORT THE MISSION OF THE UYSOE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FLORIAN SOLZBACHER | PRESIDENT | 1 | — |
| XIAOXIN CHEN | TREASURER | 1 | — |
| MARCUS C GERHARDT | VICE PRESIDE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ibex Foundation?
Ibex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. It holds $455K in total assets as of 2024.
How large is Ibex Foundation?
As of 2024, Ibex Foundation holds $455K in total assets. It awarded 7 grants totaling $74K in 2024.
Where does Ibex Foundation operate?
Ibex Foundation has awarded grants in District of Columbia, New Mexico, Ohio, Utah.
What size grants does Ibex Foundation award?
In 2024, Ibex Foundation awarded 7 grants totaling $74K — an average of about $11K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ibex Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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