2013-05-08T15:13:23-07:00 2012-12-31 990 2012-01-01 752295008 PERMIAN BASIN AREA FOUNDATION PERM 4326173213 200 N Loraine St Ste 500 Midland TX 79701 Guy McCrary 4326173213 2013-05-08 2012 2016-02-25 16:41:14Z Guy McCrary 200 N Loraine Ste 500 Midland TX 79701 44730844 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 changing community needs and enrich the quality of life in the Permian Basin. 12 12 11 179 0 0 15055509 13460945 110140 107143 3460022 2938990 1172569 2144843 19798240 18651921 4287527 7371170 0 0 691684 767068 0 0 117251 774244 868408 5753455 9006646 14044785 9645275 77011156 91907173 15500 60750 76995656 91846423 Permian Basin Area Foundation facilitates the creation of permanent charitable funds in partnership with many donors, and provides grants to address changing community needs and enrich the quality of life in the Permian Basin. 0 0 7512075 7371170 0 Community capacity building programs: 595 grants and scholarships to various organizations and individuals; based on approved grant and scholarship applications. 341332 0 107143 Nonprofit Management Center programs: Provided 20 training sessions to 603 attendees. Provided 623 hours of consultation to more than 30 nonprofit organizations. Responded to over 560 requests for general information and assistance. Provided a series of 8 training sessions held over a 4 month period on board governance, graduated 31 participants and coordinated placements on nonprofit boards. Provided a Nonprofit Executive Leadership Certification program, consisting of 9 trainings over an 8 month period intended to address the shortage of trained and qualified nonprofit leaders, with 27 individuals participating. 0 0 0 7853407 1 1 0 0 0 1 0 0 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 12 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NM X Cyndi Vara 4326173213 200 N Loraine Ste 500 Midland TX 79701 Larry Edgerton 2 0 X X 0 0 0 Steve Barron 1 0 X 0 0 0 Mike Canon 1 0 X X 0 0 0 Mark Nicholas 1 0 X X 0 0 0 Cathy Eastham 1 0 X X 0 0 0 Jack Harper 1 0 X 0 0 0 Trey Grafa 1 0 X 0 0 0 Patty Herd 1 0 X 0 0 0 Scott Kidwell 1 0 X 0 0 0 Don Wood 1 0 X 0 0 0 Carolyn Stone 1 0 X 0 0 0 Stacey Gerig 1 0 X 0 0 0 Guy McCrary 45 2 X 131518 0 35038 131518 0 35038 1 0 1 0 RBC Wealth Management 550 W Texas Ste 120 Midland TX 79701 Investment Consultant and Management Services 384041 1 0 0 59878 0 0 13401067 5050738 13460945 Nonprofit Management Center 541610 107143 107143 0 0 0 0 0 0 107143 1583818 0 0 1583818 0 0 0 0 2142705 0 0 2142705 0 0 27410592 0 26055420 0 1355172 0 1355172 0 0 1355172 23503 59878 23503 0 0 0 Other Income 900099 2138 0 0 2138 0 0 0 0 2138 18651921 107143 0 5083833 7093640 7093640 277530 277530 0 0 0 0 166556 21684 108384 36488 0 0 0 0 475004 252082 199630 23292 39583 20242 17015 2326 42081 23140 16405 2536 43844 19905 20408 3531 0 0 0 0 0 0 0 0 42571 0 42571 0 0 0 0 0 481326 0 481326 0 22964 5988 16778 198 5051 818 0 4233 20823 11142 7657 2024 23439 6036 14996 2407 0 0 0 0 55671 27713 23471 4487 4453 2070 562 1821 0 0 0 0 14891 9906 4185 800 0 0 0 0 0 0 0 0 8187 3104 4267 816 7439 3175 3399 865 Ad valorem taxes 51331 0 51331 0 Training programs 48898 48898 0 0 Special program events 29136 13949 0 15187 Annual report and newsletter expenses 18749 4114 9285 5350 33479 8271 14318 10890 9006646 7853407 1035988 117251 0 186366 1905411 3170257 0 1158714 0 0 0 0 0 0 2889 5192 0 22206 23384 127671 108610 26248 19061 68301359 79948788 0 0 0 6753043 7395411 77011156 91907173 0 0 15500 60750 0 0 0 0 0 0 0 0 0 0 0 0 15500 60750 X 67169773 82406910 7784376 7396656 2041507 2042857 76995656 91846423 77011156 91907173 X 9645275 4807208 0 0 0 398284 X 0 1 X 1 0 X 5062291 3470782 5048581 9176040 9854535 32612229 0 0 0 0 0 0 0 0 0 0 0 0 5062291 3470782 5048581 9176040 9854535 32612229 16763724 15848505 1562199 1091719 1419682 2633513 3726523 10433636 0 0 0 0 0 0 12877 18817 5852 2617 2138 42301 43088166 0 0.36782 0.43079 X Line 10 - miscellaneous income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55 38 8632247 370760 5377250 329134 37946761 8392778 1 1 63978502 11942029 7386722 6840319 0 620979 75845955 51663027 15150315 1522671 3824339 0 533172 63978502 42304560 6774520 4986983 1979933 0 423103 51663027 36091765 2453916 6223901 2109103 0 355919 42304560 41750602 8397058 -11546152 2141336 0 368407 36091765 0.88 0.03 0.09 0 0 0 0 0 0 0 0 0 0 0 0 0 0 127671 108610 19061 0 0 0 0 19061 Accrued interest receivable 103105 Beneficial interest in remainder trust 1293040 Beneficial interest in lead trust 1084738 Beneficial interest in perpetual trust 42857 Oil and gas royalties 4871671 7395411 SchD_P05_S00_L04 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. Golf Tournament 33595 21569 12026 0 0 0 0 0 12026 Beacon Awards Luncheon 49786 38309 11477 0 0 0 11477 0 0 0 83381 59878 23503 0 0 0 11477 0 12026 23503 0 1 Alzheimers Association STAR Chapter 4400 N Big Spring Street Ste C32 Midland TX 79705 133039601 501c3 15000 Health Services American Wind Power Center 1701 Canyon Lake Drive Lubbock TX 79403 752509769 501c3 10000 Educational Area Missions Outreach Services PO Box 762 Midland TX 797020762 752220887 501c3 20000 Health and Human Services Arts Council of Midland PO Box 3494 Midland TX 79702 751894442 501c3 10249 2012 Distributable Income and Arts and Culture Baptist Memorials Ministries PO Box 5661 San Angelo TX 76902 750983837 501c3 83746 2012 Distributable Income Be The Change Permian Basin PO Box 52643 Midland TX 79710 752697538 501c3 25000 Youth Services BEE World Attn Finance Department 18940 Base Camp Road Monument CO 80132 742752161 501c3 40000 Religious Services Big Brothers Big Sisters of Midland 1007 West Texas Avenue Midland TX 79701 751791035 501c3 30000 Youth Services Boys and Girls Club of Midland PO Box 284 Midland TX 79702 751214505 501c3 25000 Youth Services Boys and Girls Club Of Odessa 800 East 13th Street Odessa TX 79761 750990952 501c3 25000 Youth Services Buckner Children and Family Services 600 North Pearl Street Ste 2000 Dallas TX 752012812 752571395 501c3 33536 2012 Distributable Income and Fall 2012 Grant and Youth Services Buffalo Trail Council BSA 1101 West Texas Avenue Midland TX 79701 750800616 501c3 46500 2012 Distributable Income and Youth Development Bynum School PO Box 80175 Midland TX 79708 751932925 501c3 61399 2012 Distributable Income COM Aquatics 3003 North A Street Midland TX 79705 751254435 501c3 53144 2012 Distributable Income and Human Services General Casa de Amigos 1101 East Garden Lane Midland TX 79701 751240087 501c3 41973 2012 Distributable Income and Housing and Shelter Cassatt in the Basin PO Box 1842 Odessa TX 79763 752720103 501c3 7000 Arts and Culture Center for Big Bend Studies PO Box C72 Alpine TX 79832 753138505 501c3 10000 Arts and Culture Centers for Children and Families 1004 North Big Spring Ste 325 Midland TX 79701 751005357 501c3 37777 2012 Distributable Income and Health and Human Services Chinati Foundation PO Box 1135 Marfa TX 79843 742340423 501c3 10000 Youth Services Christmas in Action of Midland PO Box 3744 Midland TX 79702 751731319 501c3 40000 2012 Distributable Income and Housing and Shelter Church on Wheels PO Box 9402 Midland TX 79708 752758174 501c3 35000 Health and Human Services City of Andrews 111 Logsdon Andrews TX 797146589 750857123 501c6 10000 Community Development City of Midland PO Box 1152 Midland TX 79702 756000608 501c3 43362 2012 Distributable Income and Community Development Community and Senior Services 3301 Sinclair Ave Midland TX 79707 751899190 501c3 10500 Senior Services Community Childrens Clinic PO Box 3328 Midland TX 79702 751875246 501c3 22199 2012 Distributable Income and Youth Services District 6 4H PO Box 1298 Fort Stockton TX 797351298 521057382 501c3 7500 Youth Services Education Foundation of Odessa PO Box 951 Odessa TX 79760 752862209 501c3 70448 2012 Distributable Income Feed the Children PO Box 36 Oklahoma City OK 731010036 736108657 501c3 5500 Youth Services Fellowship of Christian Athletes International 15943 Fox Marsh Drive Moseley VA 23120 440610626 501c3 9000 Religious Services Fellowship of Christian Athletes of Texas PO Box 132589 Spring TX 77393 440610626 501c3 7500 Religious Services First Presbyterian Church 800 West Texas Midland TX 79701 750959993 501c3 543476 Religious Services Fort Davis Higher Education Foundation PO Box 335 Fort Davis TX 79734 061653768 501c3 25000 Educational George W Bush Childhood Home PO Box 8586 Midland TX 79708 752925197 501c3 10000 Educational George W Bush Foundation PO Box 600610 Dallas TX 75360 204119317 501c3 60000 Community Development Good News Ministries PO Box 3315 Midland TX 79702 752629527 501c3 10000 Religious Services Grace School of Theology PO Box 7477 The Woodlands TX 773877477 760690847 501c3 500000 Educational Grand Companions Humane Society PO Box 1156 Fort Davis TX 79734 850586174 501c3 17500 Animal Services High Sky Childrens Ranch 8701 W County Rd 60 Midland TX 79707 751155049 501c3 16300 Youth Services Hillander School 1600 West Wadley Midland TX 79705 751096475 501c3 25000 Educational Hillcrest School 3510 North A Street Bldg C Midland TX 79705 752468032 501c3 21770 Educational Hospice of Midland 911 West Texas Avenue Midland TX 79701 751736007 501c3 36607 2012 Distributable Income and Heath Services Howard College Student Financial Aid 1001 Birdwell Lane Big Spring TX 79720 751732455 501c3 5305 Educational I20 Wildlife Preserve and Jenna Welch Nature Study Center PO Box 2906 Midland TX 79702 261270576 501c3 25000 Educational Jackson Center for Evangelism PO Box 99 Brownwood TX 76804 860663455 501c3 20000 Religious Services Junior League of Midland 902 West Dengar Midland TX 79705 751005294 501c3 20000 Community Development Manor Park 2208 N Loop 250 West Midland TX 79707 751227882 501c3 25000 Senior Services MARC 2701 North A Street Midland TX 79705 751038411 501c3 38250 Health Services Marfa Montessori PO Box 546 Marfa TX 79843 272538693 501c3 9000 Educational Marthas Vineyard Community Hospital PO Box 1477 Oak Bluff MA 02557 042104691 501c3 10000 Health Services Martin County Convent PO Box 1435 Stanton TX 79782 752284618 501c3 8284 Educational Meals on Wheels of Odessa PO Box 15 Odessa TX 79760 751553306 501c3 11000 Senior Services Midland Bible Church 5900 Whitman Midland TX 79705 751448418 501c3 1580000 Religious Services Midland Childrens Rehabilitation Center 802 Ventura Avenue Midland TX 79705 750912521 501c3 68000 Youth Services Midland Classical Academy 5711 Whitman Drive Midland TX 79705 752760945 501c3 10000 Educational Midland College Foundation 3600 North Garfield Midland TX 79705 237315067 509a1 44000 Educationa and Youth Services Midland Community Development Corp 208 South Marienfeld Midland TX 79701 752280264 501c3 26000 Housing Midland Fair Havens 2400 Whitmire Boulevard Suite 100 Midland TX 79705 752627746 501c3 50000 Human Services and Housing Midland Habitat for Humanity PO Box 2555 Midland TX 79702 752381356 501c3 160000 Housing Midland Memorial Foundation 2200 West Illinois Midland TX 79701 750827455 501c3 6975 2012 Distributable Income and one Health Services Midland Rape Crisis Center PO Box 10081 Midland TX 79702 751673093 501c3 11581 2012 Distributable Income and Human Services Midland Tennis Center PO Box 4914 Midland TX 79704 261105431 501c3 18409 Youth Services Midland Odessa Symphony and Chorale PO Box 60658 Midland TX 79711 751301544 501c3 70602 2012 Distributable Income and Arts and Culture Mission Health Care 4500 West Illinois Suite 112 Midland TX 79703 752459123 501c3 10000 Heath Services Odessa Christian School 2000 Doran Street Odessa TX 79761 751231036 501c3 15321 2012 Distributable Income Odessa College Foundation 201 West University Odessa TX 79764 752655037 501c3 1065000 Educational Odessa Family YMCA 3001 East University Blvd Odessa TX 79762 751187026 501c3 105000 Family and Youth Services Odessa LINKS 119 West 4th Street Suite 201 Odessa TX 79761 752943130 501c3 20000 Human Services Palmer Drug Abuse Program 1208 West Wall Street Midland TX 79701 751847433 501c3 8282 2012 Distributable Income and Human Services Parker House Ranching Museum 1118 Maple Odessa TX 79761 752628310 501c3 6000 2012 Distributable Income Partners Relief and Development PO Box 2066 Redlands CA 92373 223786806 501c3 25000 Philanthropy Permian Basin Regional Council on Alcohol and Drug Abuse 120 East 2nd Street Odessa TX 79761 752300815 501c3 12500 Health Services Polo on the Prairie PO Box 4470 Houston TX 772104470 746000203 501c3 10000 Health Services Recording Library of West Texas 2012 West Cuthbert Midland TX 79701 237075064 501c3 16158 2012 Distributable Income and Human Services Safe Place of the Permian Basin PO Box 11331 Midland TX 79702 751657264 501c3 29400 Human Services Samaritan Counseling Center PO Box 60312 Midland TX 79711 751437991 501c3 25130 Health Services Sears Methodist Foundation One Village Drive Suite 400 Abilene TX 79606 752692545 501c3 50000 Health and Human Services General Sibley Nature Center 1307 East Wadley Midland TX 79705 201991058 501c3 17500 Educational Saint Andrews Presbyterian Mission 1708 North Fort Worth Street Midland TX 79701 751468417 501c3 20000 Religious Services Saint Johns Episcopal Church PO Box 3346 Odessa TX 797603346 756004798 501c3 16988 Religious Services Saint Johns Episcopal School PO Box 3046 Odessa TX 79760 752015719 501c3 22910 Educational Saint Paul Lutheran Church - Minnesota 303 North Cass Avenue Springfield MN 56087 410705873 501c3 25000 Religious Services Teen Challenge PO Box 251 Midland TX 79702 751757538 501c3 35826 2012 Distributable Income and Youth Services Teen FLOW PO Box 733 Midland TX 79702 752899609 501c3 79679 Youth Services Texas A and M Foundation 401 George Bush Drive College Station TX 77840 742245072 501c3 340000 Educational Texas A and M University 12th Man Foundation PO Box 2800 College Station TX 778412800 741185725 501c3 220000 Educational Texas Arms of Love PO Box 5137 Midland TX 79704 752167389 501c3 100000 Educational Texas Tech Foundation PO Box 41081 Lubbock TX 794091081 756043842 501c3 28500 Educational The Life Center 2101 West Wall Midland TX 79701 751663590 501c3 13945 2012 Distributable Income Trinity Christian School Foundation 7008 Salem Avenue Lubbock TX 79424 262981264 501c3 6911 Educational Trinity School of Midland 3500 West Wadley Midland TX 79707 750995808 501c3 28910 Educational United Way of Midland 1209 West Wall Midland TX 79701 750945926 501c3 94700 Educational University of Texas Cockrell School of Engineering The University of Texas at Austin University Station C2104 Austin TX 787120287 476000203 501c3 25000 Educational University of Texas of the Permian Basin 4901 E University Odessa TX 79762 751393493 501c3 6200 Educational Ward County Greater Works PO Box 706 Monahans TX 79756 432025340 501c3 31445 Human Services Ward County Youth Activity Center PO Box 706 Monahans TX 79756 432025340 501c3 30000 Youth Services West Texas Food Bank PO Box 4242 Odessa TX 79760 752057692 501c3 21000 Human Services West Texas Public Radio 2000 East 42nd Street Stuie C193 Odessa TX 79762 562497864 501c3 25500 Arts and Culture Youth Conference Ministries PO Box 4328 Chattanooga TN 37405 710941809 501c3 25000 Youth Services 1 0 Educational 266 277530 0 SchI_P01_S00_L02 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 0 0 Guy McCrary 131518 0 0 0 0 0 0 0 35038 0 166556 0 0 0 X 6 5050738 FMV 0 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Controller prepares the Form 990. The independent accounting firm and CEO review the Form 990; then the Form 990 is reviewed by the Audit Committee of the Board. The Audit Committee recommends approval of the Form 990 by the full Board of Governors. The full Board of Governors is provided a copy of the Form 990 prior to filing with the IRS. F990_P06_S0B_L12c 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. F990_P06_S0B_L15 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. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The Foundation makes its governing documents and conflict of interest policy available to the public upon request. The Foundation provides its audited financial statements available to the public on request. The Foundation also includes in its annual report to donors, grantees, vendors, and other interested persons select data from its audited financial statements. F990_P11_S00_L09 Form 990, Part XI, Line 9 Change in value of oil and gas royalties $1,373,472, change in value of split interest agreement ($976,538), change in value of perpetual trust $1,350 West Texas Heritage Holdings Inc c/o Guy McCrary 200 N Loraine Ste 500 Midland TX 79701 271928634 supporting organization TX 501(c)(3) Public Charity N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0