Ibex Foundation
- Assets
- $602.8k
- Revenue
- $43.6k
- Investments
- $602.8k
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-1739301
Organization Overview
Ibex Foundation is located in Salt Lake City, UT. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Ibex 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, Ibex Foundation generated $43.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $66.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ibex Foundation has awarded 22 individual grants totaling $153,055. 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 |
|---|---|---|---|
Marcus C Gerhardt Vice Preside | 1 | $0 | |
Xiaoxin Chen Treasurer | 1 | $0 | |
Florian Solzbacher President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,598 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $43,598 |
| 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 | $22,537 |
| Total operating and administrative expenses | $22,537 |
| Contributions, gifts, grants paid | $43,598 |
| Total expenses and disbursements | $66,135 |
| 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 | $602,774 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $602,774 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ibex Foundation has awarded $43,598 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF UTAH PURPOSE: SUPPORT ENGINEERING EDUCATION | $23,200 |
ROWLAND HALL PURPOSE: SUPPORT EDUCATION | $11,897 |
Columbus, OH PURPOSE: CHARITABLE DONATION | $6,000 |
NATHAN COPELAND PURPOSE: CHARITABLE DONATION | $2,500 |
UNITED WORLD COLLEGE - USA PURPOSE: SUPPORT EDUCATION | $1 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
E L Wiegand Foundation Reno, NV | $162,053,300 | $6,450,079 |
Simone Charitable Foundation Inc Scottsdale, AZ | $116,213,813 | $7,192,727 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |
David And Lura Lovell Foundation Tucson, AZ | $13,494,966 | $6,517 |
The Hickey Family Foundation Mesa, AZ | $154,617,141 | $6,519,819 |