Ibc Foundation
Historical FunderLaredo, Texas · EIN 74-2902265 · Private foundation
Grants paid (2024)$2.1M
Organizations funded5
Typical grant$400,000
Total assets$3.5M
Half of its grants to organizations were between $250,000 and $400,000.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | IBC FOUNDATION CO DENNIS NIXON |
|---|---|
| Address | 1200 SAN BERNARDO, LAREDO TX 78040 |
| Phone | 9567646115 |
| Form and materials | N/A |
| Deadlines | N/A |
| Restrictions | N/A |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
Where it gives
0% of grants went outside Texas.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Md Anderson Cancer Center | Houston, TX | Endowment | $1,000,000 |
| Ut Health Science Center | San Antonio, TX | Mass spectrometer | $400,000 |
| Ut Health Science Center | San Antonio, TX | Endowed professorships | $400,000 |
| St Mary's University | San Antonio, TX | Nursing wing | $250,000 |
| Ut Health Science Center | San Antonio, TX | William heinrich memorial endowment | $10,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $2,060,000 | 5 |
| 2023 | $1,200,000 | 4 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 7, 2025 - IRS e-file batch, object ID 202503119349102155
- IRS Tax Exempt Organization Search for EIN 74-2902265
- Profile updated Nov 4, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.