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Form 990-PFTax year 2024EIN 74-2902265

Ibc Foundation

A private foundation in Laredo, TX. Its return for tax year 2024 lists 5 grants and $2.1 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Ibc Foundation Co Dennis Nixon
1200 San Bernardo
Laredo, TX 78040
(956) 764-6115
Form and materials
N/A
Deadlines
N/A
Restrictions
N/A
Contact
Dennis E Nixon
1200 San Bernardo Avenue
Laredo, TX 78041
(956) 722-7611
Form and materials
Cover letter with request, organization history, purpose for request
Deadlines
No
Restrictions
Focus on low to moderate income areas, programs and individuals

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $2,060,000

    Grants listed
    5
    Assets, end of year
    $3,464,403

  • Tax year 2023

    $1,200,000

    Grants listed
    4
    Assets, end of year
    $4,644,639

  • Tax year 2022

    $1,075,000

    Grants listed
    4
    Assets, end of year
    $4,055,631

  • Tax year 2021

    $665,000

    Grants listed
    2
    Assets, end of year
    $4,460,702

  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $4,490,753

  • Tax year 2019

    $1,000,000

    Grants listed
    1
    Assets, end of year
    $3,886,007

  • Tax year 2018

    $34,000

    Grants listed
    1
    Assets, end of year
    $4,257,724

Grants paid in 2024

5 grants, largest first

As listed on the return.

  1. MD Anderson Cancer CenterHouston, TX

    Endowment

    $1,000,000
  2. UT Health Science CenterSan Antonio, TX

    Mass spectrometer

    $400,000
  3. UT Health Science CenterSan Antonio, TX

    Endowed professorships

    $400,000
  4. St Mary's UniversitySan Antonio, TX

    Nursing wing

    $250,000
  5. UT Health Science CenterSan Antonio, TX

    William heinrich memorial endowment

    $10,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Texas5 grants $2,060,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Dennis E NixonDIRECTOR/PRESIDENT Hours 1Pay $0
  • Judith WawroskiDIRECTOR/VP/TREASURER Hours 1Pay $0
  • Marissa V SantosSECRETARY Hours 1Pay $0
  • Larry NortonDIRECTOR Hours 1Pay $0

The return

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