Hibbs Family Foundation
- Assets
- $594.0k
- Revenue
- $173.8k
- Investments
- $594.0k
- Employees
- 0
- Location
- Tyler, TX
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 75-2851757
Organization Overview
Hibbs Family Foundation is located in Tyler, TX. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hibbs Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hibbs Family Foundation generated $173.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $191.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hibbs Family Foundation has awarded 234 individual grants totaling $1,038,025. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stratton Weiss Hibbs Secretary | 0 | $0 | |
Billy E Hibbs Jr President | 0 | $0 | |
Teresa W Hibbs Vice President | 0 | $0 | |
London Elizabeth Hibbs Director | 0 | $0 | |
Robert Monaghan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $165,122 |
| Interest on Savings | $40 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,627 |
| Total Revenue | $173,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,990 |
| Contributions, gifts, grants paid | $185,089 |
| Total expenses and disbursements | $191,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $594,009 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $594,009 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,071 |
| Total liabilities | $8,071 |
Grants Awarded
Over the last fiscal year, Hibbs Family Foundation has awarded $185,089 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Tyler, TX PURPOSE: PROVIDE SUPPORT FOR SCHOLARSHIPS FOR AT RISK YOUTH. | $45,000 |
FAITH COMES BY HEARING PURPOSE: PROVIDE SUPPORT FOR THE MILITARY BIBLESTICK PROGRAM | $35,000 |
TYLER JUNIOR COLLEGE FOUNDATION PURPOSE: PROVIDE SUPPORT ANNUAL SCHOLARSHIP FUND | $18,000 |
Tyler, TX PURPOSE: TO PROVIDE SUPPORT FOR PROGRAMS THAT IMPACT THE LIVES OF CHILDREN AND FAMILIES. | $14,500 |
Dallas, TX PURPOSE: PROVIDE ASSISTANCE FOR SUPPORT OF ARTS EDUCATION | $14,070 |
Tyler, TX PURPOSE: PROVIDE SUPPORT FOR FAMILIES IN NEED OF CLOTHES, SCHOOL SUPPLIES, IMMUNIZATIONS, ETC. | $10,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |