Ibc Foundation
Accepts applications
Ibc Foundation is a private foundation in Laredo, Texas. In tax year 2024 it gave $2.1 million in 5 grants; the typical grant was $400,000 and the largest $1.0 million. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.1 million
- Number of grants5
- Typical grant$400,000
- Largest grant$1.0 million
- Assets$3.5 million
- New grantees33%
Giving in 2024 was up from $1.2 million the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.2 million | 4 | $4.6 million |
| 2024 | $2.1 million | 5 | $3.5 million |
How to apply
| Contact | Ibc Foundation Co Dennis Nixon 1200 San Bernardo, Laredo, TX 78040 |
|---|---|
| Phone or email | (956) 764-6115 |
What Ibc Foundation funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 5 | $2.1 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| MD Anderson Cancer Center | Endowment | $1.0 million |
| Ut Health Science Center | Mass spectrometer | $400,000 |
| Ut Health Science Center | Endowed professorships | $400,000 |
| St Mary's University | Nursing wing | $250,000 |
| Ut Health Science Center | William heinrich memorial endowment | $10,000 |
Officers and trustees
- Dennis E Nixon
- Judith Wawroski
- Marissa V Santos
- Larry Norton
Questions people ask
Does Ibc Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Ibc Foundation give?
$2.1 million in tax year 2024, across 5 grants, with a typical grant of $400,000.
Who runs Ibc Foundation?
Its 2024 filing lists Dennis E Nixon (Director/President), Judith Wawroski (Director/Vp/Treasurer), Marissa V Santos (Secretary) and Larry Norton (Director).
What does Ibc Foundation fund?
Based on its grants, mainly health and science and research.