The Hibel Family Foundation

Foundation · Grantmaker Winnetka, IL EIN: 85-2275972

The Hibel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Winnetka, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $206K in total assets. In 2024, it awarded 13 grants totaling $296K.

Key facts about The Hibel Family Foundation

EIN
85-2275972
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$296,140
Grants made (2024)
13
Average grant
$22,780
Median grant
$7,600
Total assets
$206,432
Primary geography
Illinois (43% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Hibel Family Foundation funds

By grant dollars, the top recipient states for The Hibel Family Foundation's 13 itemized 2024 grants were Illinois (43%), Virginia (21%) and Delaware (19%). The most frequent recipient cities were Chicago, IL (3 grants) and Dover, DE (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Internship" (6 grants) and "Annual Support" (5 grants).

How The Hibel Family Foundation gives

  • 67% of 2024 grantees were also funded in 2023. Method
  • Giving grew 1262% from 2021 to 2024. Method
  • In 2021 it paid out 469% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$206K

-61.4% YoY

Annual Giving

$296K

+106.2% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$23K

+122.0% YoY

About The Hibel Family Foundation

Based on IRS filings

The Hibel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Winnetka, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $206K in total assets. In 2024, it awarded 13 grants totaling $296K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states

Share of all 13 itemized 2024 grant dollars.

Cities

ChicagoBlacksburgChestnut HillSilver SpringCorvalisDoverIndianapolisLeonardoPittsburghDetroitGrand RapidsKansas CityMontgomeryNapervilleNorfolkOak ParkScottsdale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$135K$271K$406K$541K20202021202220232024
Metric202420232022
Total Assets$206,432$534,247$645,315
Revenue$92,158$121,731$492,067
Expenses$421,013$227,556$143,770
Qualifying Distributions$402,282$227,556$143,770
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$74K$148K$222K$296K0 grants20202 grants202110 grants202214 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Oak Park Temple: $75KOak Park Temple$75KDelaware St University: $56K across 2 grantsDelaware St University$56K · 2 grantsNorfolk St University: $55KNorfolk St University$55KBandwith Chicago: $38KBandwith Chicago$38KRock and Soul Forever Foundation: $25KRock and Soul ForeverFoundation$25KUniversity of IL Foundation: $8KUniversity of IL Foundation$8KVirginia Tech Foundation Inc: $8KVirginia Tech Foundation Inc$8KTrustees of Boston College: $8KTrustees of Boston College$8KCase: $8KCase$8KOregon State University: $8KOregon State University$8K

Grant Size Distribution

39 grants across all recorded years

35<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Oak Park Temple ($75,000), Delaware St University ($55,540 across 2 grants), Norfolk St University ($55,000).

RecipientPurposeAmount
Oak Park Temple Oak Park, ILAnnual Support$75,000
Delaware St University Dover, DEFellowship$55,000
Norfolk St University Norfolk, VAFellowship$55,000
Bandwith Chicago Chicago, ILAnnual Support$37,500
Rock and Soul Forever Foundation Leonardo, NJAnnual Support$25,000
University of IL Foundation Chicago, ILInternship$7,600
Virginia Tech Foundation Inc Blacksburg, VAInternship$7,600
Trustees of Boston College Chestnut Hill, MAInternship$7,600
CASE Pittsburgh, PAInternship$7,600
Oregon State University Corvalis, ORInternship$7,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Andrew HibelSecretary5—
Eizabeth HibelPresident5—
Andrew B CoxheadTreasurer1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Hibel Family Foundation?

The Hibel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Winnetka, IL. It holds $206K in total assets as of 2024.

How large is The Hibel Family Foundation?

As of 2024, The Hibel Family Foundation holds $206K in total assets with $92K in annual revenue. It awarded 13 grants totaling $296K in 2024.

Where does The Hibel Family Foundation operate?

The Hibel Family Foundation has awarded grants in Alabama, Arizona, Delaware, Illinois, Indiana, Massachusetts, Maryland, Michigan, Missouri, New Jersey, Oregon, Pennsylvania, Virginia.

What size grants does The Hibel Family Foundation award?

In 2024, The Hibel Family Foundation awarded 13 grants totaling $296K — an average of about $23K per grant, based on its IRS Form 990 filings.

What is The Hibel Family Foundation's EIN?

The Hibel Family Foundation's EIN (Employer Identification Number) is 85-2275972. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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