The Bybee Foundation

MOUNTAINAIR, NM EIN: 76-0292426

The Bybee Foundation is a private foundation, based in MOUNTAINAIR, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $478K in total assets. In 2024, it awarded 18 grants totaling $41K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$478K

-2.3% YoY

Annual Giving

$41K

+6.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

+6.6% YoY

Under IRS private-foundation payout rules, The Bybee Foundation reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About The Bybee Foundation

Based on IRS filings

Ready to take the next step with The Bybee Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $59K (32%)

Oklahoma $51K (27%)

New Mexico $51K (27%)

California $6K (3%)

New Jersey $6K (3%)

Kentucky $4K (2%)

Wyoming $4K (2%)

Tennessee $3K (1%)

+3 more states

States

California Florida Kentucky Massachusetts Minnesota New Jersey New Mexico Oklahoma Tennessee Texas Wyoming

Cities

AlbuquerqueAlbuqurqueAlburquerqueCarrolltonConcordDallasEdmondErlangerFort DavisHoustonJupiterKatyLongviewMemphisMinneapolisMountainairMurphyNashvilleNormanOklahoma City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$477,649	$488,807	$501,856
Revenue	$36,809	$34,221	$95,688
Expenses	$47,988	$47,266	$44,460
Qualifying Distributions	$40,950	$38,450	$36,450
Net Investment Income	$21,984	$21,891	$85,450
Distributable Amount	$45,000	$43,219	$40,379

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

86 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Scott & Kim Verplank Foundation ($7,250), University of Oklahoma Foundation ($3,500), Dallas Museum of Art ($3,000).

Recipient	Purpose	Amount
DALLAS MUSEUM OF ART DALLAS, TX	PROGRAM SUPPORT	$3,000
CHIHUAHUAN DESERT RESEARCH INST FORT DAVIS, TX	PROGRAM SUPPORT	$3,000
MANZANO MOUNTAIN ART COUNCIL MOUNTAINAIR, NM	PROGRAM SUPPORT	$3,000
THE SARATOGA MUSEUM SARATOGA, WY	PROGRAM SUPPORT	$750
HOLISTIC MANAGEMENT INTERNATIONAL ALBUQUERQUE, NM	PROGRAM SUPPORT	$3,000
LEGACY OUTFITTERS THE WOODLANDS, TX	PROGRAM SUPPORT	$2,500
GARY SINISE FOUNDATION WOODLAND HILS, CA	PROGRAM SUPPORT	$1,750
OPERATION KINDNESS CARROLLTON, TX	PROGRAM SUPPORT	$1,750
WARRIOR BENEFIT KATY, TX	PROGRAM SUPPORT	$1,000
DISABLED AMERICAN VETERANS ERLANGER, KY	PROGRAM SUPPORT	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOAN BYBEE	PRESIDENT	—	—
ROBERT L VERPLANK JR	VICE PRESIDENT	—	—
WILL SIMPLER	SECRETARY	—	—

Frequently Asked Questions

How large is The Bybee Foundation?

As of 2024, The Bybee Foundation holds $478K in total assets with $37K in annual revenue. It awarded 18 grants totaling $41K in 2024.

Where does The Bybee Foundation operate?

The Bybee Foundation has awarded grants in California, Florida, Kentucky, Massachusetts, Minnesota, New Jersey, New Mexico, Oklahoma, Tennessee, Texas, Wyoming.

What size grants does The Bybee Foundation award?

In 2024, The Bybee Foundation awarded 18 grants totaling $41K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Bybee Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bybee Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.