2025-09-03T10:26:36-07:00 2024-12-31 990 2024-01-01 752295008 PERMIAN BASIN AREA FOUNDATION PERM 4326173213 3312 Andrews Highway Midland TX 79703 Guy McCrary President and CEO 4326173213 2025-06-01 1 2024 2025-03-06 01:10:19Z Guy McCrary 3312 Andrews Highway Midland TX 79703 107941283 0 X www.pbaf.org X 1989 TX Permian Basin Area Foundation facilitates the creation of permanent charitable funds in partnership with many donors, and provides grants to address community needs and enrich the quality of life in the Permian Basin. 11 11 10 66 0 0 25786317 19680317 0 0 10060404 22690614 1452549 1303736 37299270 43674667 16586324 13262885 0 0 1443690 1523433 0 0 188931 1910609 2215763 19940623 17002081 17358647 26672586 294673980 331047670 9584698 8632410 285089282 322415260 Permian Basin Area Foundation exists to partner with donors in creating permanent charitable funds to enrich the quality of life in West Texas communities. 0 0 13750061 13262885 0 Community capacity building programs: 518 grants to various non-profit organizations and 413 individuals awarded scholarships; based on approved grant and scholarship applications. 29233 0 0 Community education includes general outreach to advance the mission of the Foundation and philanthropy in West Texas. Such activities include providing advice to nonprofits on best management practices and capacity building, making reports to nonprofit boards about endowments, and conducting educational events for nonprofits. During 2024, the Foundation conducted 53 education meetings and/or events with nonprofits. 0 0 0 13779294 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 19 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X Cyndi Vara 4326173213 3312 Andrews Highway Midland TX 79703 Guy McCrary President and CEO 40 2 X 319150 0 33179 Cyndi Vara Chief Financial Officer 40 0 X 204377 0 43728 Jennifer Steadman Development Officer 40 0 X 126966 0 23054 Cari Whitaker Finance and Accounting Administrator 40 0 X 101576 0 33452 Raymond Williams Grants Officer 40 0 X 103100 0 20880 Wesley Bownds Chair 1 1.00 X X 0 0 0 R Alan Hale Vice-Chair 1 0 X X 0 0 0 Bryan Heflin Secretary - Treasurer 1 0 X X 0 0 0 Todd Meade Past Chair 1 0 X X 0 0 0 Mara Hobbs Director 1 0 X 0 0 0 Andrew Semer Director 1 0 X 0 0 0 Bethany Etheredge Director 1 0 X 0 0 0 G E Peterson Director 1 0 X 0 0 0 Madison Rose Director 1 0 X 0 0 0 Reggie Baker Director 1 0 X 0 0 0 Steve Barron Director 1 1.00 X 0 0 0 855169 0 154293 5 0 1 0 RBC Wealth Management 550 W Texas Ste 120 Midland TX 79701 Investment Consultant and Management Services 792039 Wells Fargo Wealth Management 950 Tower Lane Suite 1500 Foster City CA 94404 Investment Consultant and Management 224356 UBS Financial Services Inc 1700 West Wall Street Midland TX 79701 Investment Consultant and Management Services 221998 Mason Investment Advisory Services 11130 Sunrise Valley Drive Suite 2 Reston VA 20191 Investment Consultant and Management Services 137717 4 0 0 0 0 0 19680317 3841832 19680317 0 8544080 0 0 8544080 0 0 0 0 1214660 0 0 1214660 0 0 78413150 0 64266616 0 14146534 0 14146534 0 0 14146534 0 Admin fees on non-owned agency funds 561000 79187 0 0 79187 Class action settlement on investment 900099 5828 0 0 5828 Expense reimbursements 900099 3186 0 0 3186 875 0 0 875 89076 43674667 0 0 23994350 12219075 12219075 843810 843810 200000 200000 0 0 600434 67255 501293 31886 0 0 0 0 715521 240859 459657 15005 63473 24086 37886 1501 62849 17247 43185 2417 81156 21279 57361 2516 123968 0 123968 0 19310 0 19310 0 46350 0 46350 0 7500 0 7500 0 0 0 1385460 0 1385460 0 0 0 0 0 40976 7276 2215 31485 27296 5733 20754 809 108125 35884 68881 3360 0 0 0 0 68261 16542 49314 2405 19889 17795 1435 659 0 0 0 0 38332 6092 31807 433 0 0 0 0 0 0 0 0 153281 37146 110734 5401 90691 11969 41714 37008 Event sponsorships 56777 3442 0 53335 Dues and memberships 16016 3625 11680 711 Annual report expense 5139 0 5139 0 8392 179 8213 0 17002081 13779294 3033856 188931 897896 3205776 16161704 13501506 0 1793798 0 0 0 0 0 0 0 0 0 0 11044 12464 4792394 984575 3933328 3807819 257332586 288294148 0 0 0 0 0 0 16337422 20432159 294673980 331047670 0 0 1809000 572000 0 0 0 0 0 0 0 0 0 0 0 0 7775698 8060410 9584698 8632410 X 272435660 303561812 12653622 18853448 285089282 322415260 294673980 331047670 X 26672586 6376010 0 0 0 4277382 X 0 1 X 1 0 X 11556513 12614132 17159743 13759269 19680317 74769974 0 0 0 0 0 0 0 0 0 0 11556513 12614132 17159743 13759269 19680317 74769974 12891058 61878916 5050639 7366794 7304015 7749761 9758740 37229949 0 0 0 0 0 0 66275 82293 76081 81180 89076 394905 112394828 0.55055 0.52080 X Schedule A, Part II, Line 10 Admin fees on non-owned agency funds: 2020: $64,617, 2021: $78,743, 2022: $72,363, 2023: $69,872, 2024: $79,187; Expense reimbursements: 2020: $566, 2021: $60, 2022: $2,292, 2023: $10,209, 2024: $3,186; Class action settlement on investment: 2020: $109, 2021: $2,700, 2022: $723, 2024: $5,828; Other income: 2020: $983, 2021: $790, 2022: $703, 2023: $1,099, 2024: $875. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 7500 7500 15609121 15616621 930831 232708 0 0 852576 1000000 1000000 930831 3783407 5675111 2114 7500 7500 7500 24614 213144 250000 250000 232708 945852 1418778 0 0 0 0 0 80 107 6308214 2446259 6940335 1751856 53456671 52268582 1 1 220336366 8963844 22838333 6426904 0 2907709 242803930 195497211 8094565 29489113 10283437 0 2461086 220336366 220856500 19475770 -35585137 6784718 0 2465204 195497211 197453275 6848033 24928090 6259368 0 2113530 220856500 184459807 1079255 18730888 5082142 0 1734536 197453272 1 0 0 0 0 0 302813 302813 0 3792840 633827 3159013 0 0 0 0 0 342382 240686 101696 0 354359 110062 244297 3807819 Beneficial interest in royalty trust 7891133 Oil and gas mineral interests 6107452 Beneficial interest in remainder trust 3649141 Bequest receivable 1000000 Beneficial interest in lead trust 795934 Beneficial interest in annuity 668659 Cash surrender value of life insurance 265057 Beneficial interest in perpetual trust 54783 20432159 0 Amount held for agencies 8060410 8060410 X Schedule D, Part V, Line 4 The organization's endowment funds are used to provide grants and scholarships to address changing community needs and enrich the quality of life in the Permian Basin. Schedule D, Part X, Line 2 The Foundation is exempt from federal income tax under section 501(a) as a Foundation described in section 501(c)(3) of the Internal Revenue Code (the Code), and has been determined not to be a private foundation under section 509(a) of the Code. As a result, income taxes are not included in the Foundation's consolidated financial statements. The Foundation complies with FASB ASC Topic 740, Accounting for Uncertainty in Income Taxes (Topic 740), which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Foundation's tax positions and concluded that the Foundation has taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance. With few exceptions, the Foundation is no longer subject to income tax examinations by the U.S. federal tax authorities for years ending before December 31, 2021. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking 200000 0 0 200000 Europe (including Iceland and Greenland) Public affairs 200000 Wire 0 1 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 Permian Basin Area Foundation engages NGO Source to perform a successful equivalency determination of any foreign grantee before approving a grant. Upon awarding a grant, follow up reporting by the grantee is required at six month intervals. 1 311 Ministries PO Box 8402 Midland TX 79708 472770654 501c3 35000 Human Services Addys Hope Adoption Agency PO Box 9161 Midland TX 79708 201760379 501c3 35000 Human Services African Childrens Schools 1400 Fieldspring Drive Bakersfield CA 93311 811490071 501c3 25000 Educational Alamo Heights Baptist Church 1305 N Midland Dr Midland TX 79703 751888207 501c3 10817 Faith Based Ministries Alpine Community Projects 4000 Bradwood Rd Austin TX 78722 871264951 501c3 6000 Educational Alpine Independent School District 704 W Sul Ross Avenue Alpine TX 79830 746000020 501c3 732000 Educational Amarillo Area Foundation 919 S Polk Amarillo TX 79101 750978220 501c3 7500 Disaster Relief American National Red Cross and Its Constituent Chapters 2218 Pershing Drive Austin TX 78723 530196605 501c3 50000 Human Services AQHA Foundation PO Box 32111 Amarillo TX 79120 510187823 501c3 18000 Educational Arise Africa Inc 1628 Fairmount Avenue Fort Worth TX 76104 272014915 501c3 40000 International Arts Council of Midland PO Box 3494 Midland TX 79702 751894442 501c3 104505 Arts and Culture Ballroom Marfa PO Box 1661 Marfa TX 79843 200126402 501c3 7500 Arts and Culture Baptist Memorials Ministries PO Box 5661 San Angelo TX 76902 750983837 501c3 40331 Human Services Basin Theatre Works PO Box 12476 Odessa TX 79768 751227350 501c3 5076 Arts and Culture Big Bend Conservancy PO Box 200 Big Bend National Park TX 79834 752670331 501c3 5200 Environmental Big Bend Conservation Alliance PO Box 1721 Alpine TX 79831 473670796 501c3 36000 Environmental Big Brothers Big Sisters of the Permian Basin 714 W Louisiana Midland TX 79701 751791035 501c3 6082 Youth Development Big Spring Symphony Association Inc PO Box 682 Big Spring TX 79720 752162301 501c3 10000 Arts and Culture Billy Graham Evangelistic Association 1 Billy Graham Parkway Charlotte NC 28201 410692230 501c3 14315 Faith Based Ministries Borderlands Research Institute for Natural Resource Management Sul Ross State University PO Box C21 Alpine TX 79832 753138496 501c3 35500 Educational Boys and Girls Club of Midland 1321 S Goode Street Midland TX 79701 751214505 501c3 5743 Youth Development Boys and Girls Club of Odessa 800 E 13th Street Odessa TX 79761 750990952 501c3 30039 Youth Development Boys and Girls Clubs of the Permian Basin 800 E 13th Street Odessa TX 79761 461749237 501c3 60000 Youth Development Breaking Bread Ministries PO Box 303 Midland TX 79702 752758174 501c3 100183 Human Services Bridges for Peace BFP International PO Box 410037 Melbourne FL 32941 753077433 501c3 23791 Faith Based Ministries Brite Divinity School TCU Box 298130 Fort Worth TX 76129 237121060 501c3 29121 Educational Buckner Children and Family Services 425 W Pecan Midland TX 79705 752571395 501c3 203075 Human Services Buffalo Trail Council Boy Scouts of America 10 Desta Dr Suite 170 LL Midland TX 79705 750800616 501c3 13856 Youth Development Bynum School PO Box 80175 Midland TX 79708 751932925 501c3 49910 Educational Casa de Amigos of Midland Inc 1101 E Garden Lane Midland TX 79701 751240087 501c3 7949 Human Services CASA of the Permian Basin Area Inc 300 N Grant Ave Suite 100 Odessa TX 79761 752272391 501c3 28500 Human Services Catholic Charities Community Services of Odessa 2500 Andrews Highway Odessa TX 79761 752233859 501c3 22575 Human Services Center for Big Bend Studies PO Box C72 Alpine TX 79832 753138505 501c3 30000 Educational Centers for Children and Families Inc 3701 Andrews Highway Midland TX 79703 751005357 501c3 117184 Health Mental Health Christian Life Assembly Of God 4007 42nd Street Lubbock TX 79413 751810316 501c3 85000 Faith Based Ministries Christmas in Action Inc PO Box 3744 Midland TX 79702 751731319 501c3 66736 Human Services City of Midland Aquatics Inc 3003 North A Street Midland TX 79705 751254435 501c3 78560 Health Mental Health CollegeCommunityCareer 11104 W Airport Blvd 106 Stafford TX 77477 460623034 501c3 10000 Educational Communities In Schools of the Permian Basin PO Box 10532 Midland TX 79702 752821486 501c3 300000 Youth Development Community Childrens Clinic PO Box 3328 Midland TX 79702 751875246 501c3 19198 Health Mental Health Community Foundation of Jackson Hole PO Box 574 245 E Simpson Jackson WY 83001 830308856 501c3 25000 Human Services Crockett County Museum PO Box 1444 Ozona TX 76943 752558550 501c3 5896 Arts and Culture Da Camera Society of Texas 1402 Sul Ross Houston TX 77006 760232578 501c3 50000 Educational Downtown Leakey Inc PO Box 464 Leakey TX 78873 473846841 501c3 50000 Community Development Dynamic Catholic 5081 Olympic Blvd Erlanger KY 41018 264549213 501c3 40000 Faith Based Ministries Education Partnership of the Permian Basin 4400 Parks Legado Road Odessa TX 79765 824132928 501c3 50000 Educational Evangelical Development Ministry PO Box 814809 Dallas TX 75381 752216546 501c3 85000 Faith Based Ministries Evergreen Cemetery Association PO Box 224 Stanton TX 79782 751592717 501c13 74450 Human Services Family Promise of Midland 2908 W Ohio Ave Midland TX 79701 271003573 501c3 11721 Housing Shelter Family Promise of Odessa PO Box 12781 Odessa TX 79762 261828381 501c3 35000 Human Services Fellowship of Christian Athletes 15943 Fox Marsh Drive Moseley VA 23120 440610626 501c3 11000 Faith Based Ministries First Christian Church 1301 W Louisiana Avenue Midland TX 79701 750959993 501c3 11621 Faith Based Ministries First Presbyterian Church 800 W Texas Midland TX 79701 750983832 501c3 21643 Faith Based Ministries First Priority of America Inc PO Box 473 Brentwood TN 37027 621638690 501c3 25000 Faith Based Ministries First Tee West Texas PO Box 53035 Midland TX 79710 830777833 501c3 40000 Youth Development First United Methodist Church Midland 300 N Main Street Midland TX 79701 750808826 501c3 36000 Faith Based Ministries Food Pantry of Jeff Davis County Inc PO Box 244 Fort Davis TX 79734 752875263 501c3 35000 Human Services Free the Oppressed PO Box 912938 Denver CO 80291 474648581 501c3 41000 Human Services Friendship House PO Box 52621 Midland TX 79710 301203255 501c3 41250 Human Services Friends of Cibolo Wilderness 140 City Park Road Boerne TX 78006 742564700 501c3 100000 Environmental Friends Of The Midland County Public Library 2305 W Michigan Midland TX 79701 756022744 501c3 10000 Educational Frio Canyon EMS PO Box 803 Leakey TX 78873 741857011 501c3 200000 Community Development Girl Scouts of the Desert Southwest 9700 Girl Scout Way El Paso TX 79924 741189693 501c3 27081 Youth Development Gladney Center for Adoption 6300 John Ryan Drive Fort Worth TX 76132 750917409 501c3 5300 Human Services Glen Rose ISD PO Box 2129 Glen Rose TX 76043 746000990 501c3 9000 Human Services Grand Companions Humane Society PO Box 1156 Fort Davis TX 79734 820586174 501c3 25000 Animal Services Harmony Home Childrens Advocacy Center PO Box 3087 Odessa TX 79760 751633415 501c3 54776 Human Services High Sky Childrens Ranch 8613 W County Rd 60 Midland TX 79707 751155049 501c3 163463 Human Services Hillcrest School 2800 North A Street Midland TX 79705 752468032 501c3 11931 Educational Historic Cane Hill Inc PO Box 756 Lincoln AR 72744 710653475 501c3 1227000 Arts and Culture Holy Trinity Episcopal Church 1412 W Illinois Midland TX 79701 751256947 501c3 43851 Faith Based Ministries Hospice of Midland 911 W Texas Avenue Midland TX 79701 751736007 501c3 15050 Health Mental Health Howard College at Big Spring Student Financial Aid 1001 Birdwell Lane Big Spring TX 79720 756001827 501c3 5408 Educational I20 Wildlife Preserve and Jenna Welch Nature Study Center PO Box 2906 Midland TX 79702 261270576 501c3 18463 Community Development Jeff Davis County Treasurer Office PO Box 605 Fort Davis TX 79734 746003190 501c3 125000 Community Development Junior Achievement of the Permian Basin 3500 North A Street STE 2410 Midland TX 79705 750944915 501c3 40000 Youth Development Leakey ISD PO Box 1129 Leakey TX 78873 746001593 501c3 7500 Educational Manor Park Inc 2208 N Loop 250 West Midland TX 79707 751227882 501c3 336000 Human Services Marathon Independent School District PO Box 416 Marathon TX 79842 746001681 501c3 42000 Educational Marathon Primary Care Service Inc PO Box 477 Marathon TX 79842 742751026 501c3 25000 Health Mental Health Marathon Public Library PO Box 177 Marathon TX 79842 463355925 501c3 100000 Arts and Culture Marfa Education Foundation PO Box 660 Marfa TX 79843 274545608 501c3 30000 Educational Marfa Live Arts PO Box 1365 Marfa TX 79843 743011051 501c3 20000 Arts and Culture Marfa Public Radio PO Box 238 Marfa TX 79843 562497864 501c3 141100 Arts and Culture Marfa Studio of Arts PO Box 1189 Marfa TX 79843 742936612 501c3 7500 Arts and Culture Martin County Convent PO Box 1435 Stanton TX 79782 752284618 501c3 6102 Arts and Culture Martin County Historical Museum PO Box 929 Stanton TX 79782 751574557 501c3 138866 Arts and Culture Medical Center Health System Foundation PO Box 7335 Odessa TX 79760 751220726 501c3 75000 Health Mental Health Midland Childrens Rehabilitation Center 802 Ventura Avenue Midland TX 79705 750912521 501c3 322500 Health Mental Health Midland Christian School 2001 Culver Drive Midland TX 79705 756004672 501c3 20000 Educational Midland College Foundation 3600 N Garfield Midland TX 79705 237315067 501c3 25500 Educational Midland Community Theatre Inc 2000 W Wadley Ave Midland TX 79705 756003774 501c3 25000 Arts and Culture Midland Education Foundation 615 W Missouri Ave Suite 224 Midland TX 79701 752330628 501c3 12504 Educational Midland Fair Havens 2400 Whitmire Blvd Suite 100 Midland TX 79705 752627746 501c3 21720 Human Services Midland Habitat for Humanity PO Box 2555 Midland TX 79702 752381356 501c3 9722 Housing Shelter Midland Humane Coalition PO Box 53213 Midland TX 79710 273102777 501c3 10963 Animal Services Midland Memorial Foundation 400 Rosalind Redfern Grover Parkway Midland TX 79701 750827455 501c3 363599 Health Mental Health Midland Soup Kitchen Ministry 1401 Orchard Lane Midland TX 79701 752360667 501c3 90000 Human Services Midland Teen Court 615 W Missouri Ave 420A Midland TX 79701 752503655 501c3 20000 Youth Development Mission Agape PO Box 3419 Midland TX 79702 800850297 501c3 22500 Human Services Mobile Comunidad PO Box 1107 Fort Davis TX 79734 883840478 501c3 80000 Human Services Museum of the Big Bend PO Box C101 Alpine TX 79832 746000027 501c3 60000 Arts and Culture Museum of the Southwest 1705 W Missouri Ave Midland TX 79701 751229711 501c3 71955 Arts and Culture Nonprofit Management Center of the Permian Basin 3500 North A Street Suite 2300 Midland TX 79705 460706163 501c3 97009 Community Development Odessa Christian School 2000 Doran Street Odessa TX 79761 751231036 501c3 7376 Educational Odessa College Foundation 201 W University Blvd Odessa TX 79764 752655037 501c3 25601 Educational Odessa Community Foundation PO Box 3626 Odessa TX 79760 752857160 501c3 20000 Community Development OMNI dba Love for the Least PO Box 15579 Colorado Springs CO 80935 824640130 501c3 40000 Faith Based Ministries Partners Relief and Development PO Box 1992 Grand Rapids MI 49501 223786806 501c3 105300 Disaster Relief Permian Basin First Priority PO Box 11221 Odessa TX 79760 263931699 501c3 50000 Youth Development Permian Basin Opera 3500 N A St Suite 2100 Midland TX 79705 751943679 501c3 10000 Arts and Culture Permian Basin Petroleum Museum Library and Hall of Fame 1500 Interstate 20 West Midland TX 79701 756085378 501c3 25000 Arts and Culture Permian Basin Rehabilitation Center 620 N Alleghaney Odessa TX 79761 750866501 501c3 100000 Health Mental Health Reflection Ministries of Texas PO Box 52371 Midland TX 79710 814378080 501c3 12500 Human Services Safe Place of the Permian Basin PO Box 11331 Midland TX 79702 751657264 501c3 225881 Human Services Salvation Army of Midland 600 E Wall Street Midland TX 79701 580660607 501c3 61671 Housing Shelter Samaritan Counseling Center PO Box 60312 Midland TX 79711 751437991 501c3 74140 Health Mental Health School of Constructive Arts 1316 Snake Road Alpine TX 79830 852422074 501c3 10000 Educational Science Mill PO Box 38 Johnson City TX 78636 460600789 501c3 17576 Educational SCI Foundation PO Box 201710 Dallas TX 75320 860292099 501c3 15000 Human Services Senior Life Midland PO Box 80519 Midland TX 79708 751899190 501c3 207213 Human Services Share Sharing Hands A Respite Experience 3500 N A Street Suite 2500 Midland TX 79705 262780706 501c3 11621 Human Services Shriners Hospitals for Children 2900 N Rocky Point Drive Tampa FL 33607 362193608 501c3 85000 Health Mental Health Sibley Environmental Learning Center Foundation Inc Sibley Nature Center 1307 East Wadley Midland TX 79705 201991058 501c3 5258 Environmental Southwest Radio Church of the Air 500 Beacon Drive Oklahoma City OK 73127 730712306 501c3 19467 Faith Based Ministries Spectrum of Solutions 2701 North A Street Midland TX 79705 751038411 501c3 189720 Human Services St Johns Episcopal Church PO Box 1690 Jackson WY 83001 836007946 501c3 345834 Faith Based Ministries St Johns Episcopal School PO Box 3046 Odessa TX 79760 752015719 501c3 44571 Educational St Johns School 2401 Claremont Lane Houston TX 77019 741185668 501c3 25000 Educational Sul Ross State University Student Financial Aid Box C113 Alpine TX 79832 746000027 501c3 44000 Educational Sunshine House Inc 402 E Holland Avenue Alpine TX 79830 741989614 501c3 70000 Human Services Teen Challenge Adult Centers of Texas Inc PO Box 251 Midland TX 79702 751757538 501c3 11621 Human Services Teen FLOW Youth Ministry PO Box 733 Midland TX 79702 752899609 501c3 40000 Youth Development Terrell County 105 E Hackberry St Sanderson TX 79848 746002260 Terrell County Govt 50000 Disaster Relief Texas A and M University 12th Man Foundation PO Box 2800 College Station TX 77841 741185725 501c3 300000 Educational Texas Baptist Men 5351 Catron Dallas TX 75227 752873370 501c3 25000 Faith Based Ministries Texas Parks and Wildlife Foundation 6220 Gaston Avenue Suite 700 Dallas TX 75214 742602504 501c3 10000 Environmental Texas Tech Foundation PO Box 45025 Lubbock TX 79409 756043842 501c3 50000 Educational Texas Tribune 919 Congress Ave Sixth Floor Austin TX 78701 264527097 501c3 50000 Educational The Association of Former Students Texas A and M University 505 George Bush Drive College Station TX 77840 740490865 501c3 29000 Educational The Community Foundation of Southern New Mexico 2640 El Paseo Road Las Cruces NM 88001 850455682 501c3 40000 Disaster Relief The Life Center 2101 W Wall Midland TX 79701 751663590 501c3 21720 Human Services the recording library of west texas 3500 North A Street Suite 2800 Midland TX 79705 237075064 501c3 12844 Human Services The Salvation Army of Odessa PO Box 615 128 E 2nd Odessa TX 79760 580660607 501c3 40000 Human Services The Springboard Center 200 Corporate Drive Midland TX 79705 752805439 501c3 20696 Health Mental Health The University of Texas MD Anderson Cancer Center PO Box 4486 Houston TX 77210 746001118 501c3 200000 Health Mental Health Toya's Precious Jewels Academy 1712 Pavilion Parkway Midland TX 79705 992310862 501c3 50000 Youth Development Trinity School of Midland 3500 West Wadley Midland TX 79707 750995808 501c3 1071965 Educational United Way of Midland 1209 West Wall Midland TX 79701 750945926 501c3 21643 Community Development University of Illinois Foundation PO Box 734500 Chicago IL 60673 376006007 501c3 8000 Educational University of Texas at Austin Cockrell School of Engineering Cockrell School of Engineering 2501 Speedway Stop C2108 Austin TX 78712 746000203 501c3 7000 Educational University of Texas at Austin Jackson School of Geosciences 2305 Speedway Stop C1160 Austin TX 78712 746000203 501c3 30000 Educational University of Texas of the Permian Basin Office of Institutional Advancement 4901 East University Blvd Odessa TX 79762 751393493 501c3 162357 Educational Wake Forest University PO Box 7227 Winston Salem NC 27109 560532138 501c3 10000 Educational Ward County Greater Works Inc PO Box 816 Monahans TX 79756 432025340 501c3 38000 Human Services West Texas Food Bank PO Box 4242 Odessa TX 79760 752057692 501c3 199226 Human Services West Texas Symphony PO Box 60658 Midland TX 79711 751301544 501c3 72748 Arts and Culture YMCA of Midland PO Box 954 Midland TX 79702 750871732 501c3 39500 Health Mental Health Young Life 420 N Cascade Avenue Colorado Springs CO 80903 840385934 501c3 25000 Youth Development Young Life Big Bend PO Box 1761 Marfa TX 79843 840385934 501c3 50000 Youth Development Young Life Midland 925 W Wadley Midland TX 79705 840385934 501c3 74336 Youth Development Squared Network PO Box 960003 Boston MA 01296 751038411 501c3 10000 Educational 162 0 Scholarship awards 413 843810 0 Schedule I, Part I, Line 2 Organizations receiving grants from Permian Basin Area Foundation are required to report on the status of their grants within two years of the grant award. A standard form is required from all organizations. Students receiving scholarships from Permian Basin Area Foundation sign a contract agreeing to submit grade reports following every semester in which they receive an award from the Foundation. X X X 0 0 0 0 0 0 0 1 0 Guy McCrary President and CEO 319150 0 0 0 0 0 31890 0 1289 0 352329 0 0 0 Cyndi Vara Chief Financial Officer 200877 0 3500 0 0 0 21673 0 22055 0 248105 0 0 0 Jennifer Steadman Development Officer 123466 0 3500 0 0 0 12697 0 10357 0 150020 0 0 0 Schedule J, Part I, Line 7 Discretionary year-end bonuses were awarded as approved by the Board of Governors. X 10 3841832 Fair value 0 0 1 1 Schedule M, Part I The organization is reporting the number of separate contributions rather than the number of items contributed. Schedule M, Part I, Line 32b The organization uses a third party firm to market oil and gas royalties held for sale. The organization also uses a third party firm to sell publicly traded securities. Form 990, Part VI, Section B, Line 11b The Senior Accountant and other accounting staff prepare the Form 990. The CFO, CEO, and independent accounting firm all review the Form 990; then, the Form 990 is reviewed by the Audit Committee of the Board. The full Board of Governors is provided a copy of the Form 990 prior to filing with the IRS. Form 990, Part VI, Section B, Line 12c Annually, each Board member receives a copy of the Foundation's Conflict of Interest Policy. Each Board member must also sign an acknowledgement certifying their awareness and understanding of the Conflict of Interest Policy. Also, annually each Board member is asked to disclose all of their community and business affiliations to help Foundation staff identify potential conflicts of interest. Form 990, Part VI, Section B, Line 15 The Foundation has adopted the following policy regarding compensation of the Chief Executive Officer: Executive compensation is approved in advance by the Board of Governors (the Board). No member of the Board participating in the compensation decision shall have a conflict of interest with respect to the compensation transaction being reviewed. The Board will obtain and rely upon appropriate data as to comparability, prior to making its compensation determination. In general, the Board will have obtained appropriate data as to comparability if, given the knowledge and expertise of its members, it has information sufficient to determine whether the compensation arrangement is reasonable. The Board will adequately document the basis for its determination concurrently with making that decision. The documentation will include: 1) the terms of the approved transaction and the date on which the transaction was approved, 2) the members of the Board who were present during determination regarding the approved transaction and the members who voted on the matter under consideration, 3) the comparability data obtained and relied upon by the Board and how that data was obtained, 4) the basis for its determination if the Board determines that a specific compensation arrangement is higher or lower than the range of comparability data obtained, and 5) any actions taken with respect to consideration of the transaction by anyone who is otherwise a member of the Board but who had a conflict of interest with respect to the transaction. The documentation for the decision will be prepared before the latter of the next meeting of the Board or 60 days after the final action is taken. This procedure is completed annually. Each year, the CEO obtains and relies upon various salary surveys, both local and national, to determine that the compensation of the CFO is reasonable. The CEO documents this process in the personnel file for the CFO. Form 990, Part VI, Section C, Line 19 The Foundation makes its governing documents and Conflicts of Interest Policy available to the public upon request. The Foundation provides its audited financial statements available to the public upon request; the audited financial statements are also accessible on the Foundation's website. The Foundation also includes in its annual report to donors, grantees, vendors, and other interested persons select data from its audited financial statements. Form 990, Part XI, Line 9 Change in value of life insurance was ($37,596); Change in value of split interest agreement was $4,585,335; Change in value of perpetual trust was $3,337; Change in value of production royalty was ($273,694). West Texas Heritage Holdings Inc c/o Guy McCrary 3312 Andrews Highway Midland TX 79703 271928634 supporting organization TX 501(c)(3) 12a Permian Basin Area Foundation 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0