Overview

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Est.

1962

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

Abilene Industrial Foundation is a foundations nonprofit based in Abilene, Texas, with a mission to promote the growth, development, and diversity of the economy in and around the city. For filing year 2024, it reported an operating budget of $721.5K and total revenue of $447.6K, with funding led by the Abilene Chamber of Commerce Foundation, alongside support from the GREATHOUSE FOUNDATION and the THE TSTC FOUNDATION.

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Mission Statement

The mission of the Abilene Industrial Foundation is to promote the growth, development, and diversity of the economy in and around Abilene, Texas.

Cause Areas

1
Foundations
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Financials

2024
Revenues
$447.6K
Expenses
$721.5K
Net Income:
-$273.8K
Assets
$1.8M
Liabilities
$84.2K
Net Assets:
+$1.7M

Financial Trends

2024
Operating Budget
$721.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Abilene Chamber of Commerce Foundation
Abilene, TX, US
$700.6K
71%
GREATHOUSE FOUNDATION
Abilene, TX, US
$15K
< 1%
THE TSTC FOUNDATION
Waco, TX, US
$5K
< 1%

Grants Received

2024
Total No. of Grants
2
Median grant size
$92.8K
Largest grant received
$180.5K

Board & Team

D
Doug Peters
Board Member
S
Scott Hibbs
Board Member
G
Greg Blair
Board Member
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  • 4 funders
  • 118 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Abilene Industrial Foundation’s budget?
In 2024, Abilene Industrial Foundation reported an annual operating budget of around $721 thousand. More detailed financial information is available to registered users.
What causes does Abilene Industrial Foundation support?
Abilene Industrial Foundation supports work in Foundations.
Where does Abilene Industrial Foundation operate?
Abilene Industrial Foundation is headquartered in Abilene, TX.
Who funded Abilene Industrial Foundation recently?
In 2024, Abilene Industrial Foundation received grants from Abilene Chamber of Commerce Foundation, GREATHOUSE FOUNDATION, and Abilene Chamber of Commerce Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Abilene Industrial Foundation received in 2024?
The largest grant to Abilene Industrial Foundation in 2024 exceeds $181 thousand.