Role in the Funding Ecosystem
The Hibel Family Foundation operates as a private foundation dedicated to supporting charitable organizations across multiple sectors. Its mission focuses on providing financial assistance to qualified 501(c)(3) organizations that serve communities in areas including animal welfare, arts and humanities, community development, education, health, human services, and research.
Grant Programs and Focus Areas
The foundation awards grants through its main charitable giving program and the Planned Giving Initiative. Grants are directed to organizations working in ten major categories: Animal Welfare; Arts, Culture and Humanities; Community Development; Education; Health; Human and Civil Rights; Human Services; Philanthropy; Religion; and Research and Public Policy. Recipients include well-known institutions such as the Art Institute of Chicago, Steppenwolf Theater, the Michael J. Fox Foundation, and the Anti-Defamation League.
Transparency and Governance
The foundation is governed by a board of directors comprising family members and community professionals, with an executive director managing daily operations. Financial information is available through the foundation's IRS filings as a private foundation.