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EIN 75-2181063

Midland Chamber of Commerce Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Midland
State
Texas
Year formed
1987
Most recent tax filings
2022-09-01
NTEE code, primary
T30: Public Foundations
Description
The Midland Chamber of Commerce Foundation strengthens and enhances the quality of life and economic development for businesses and individuals in the community through vision and leadership. It sponsors the teacher adoption program to encourage and develop teachers' ties to the community, as well as the partners in education program. Additionally, it sponsors Leadership Midland, which provides exposure and insight to future community leaders.
Related structure
Midland Chamber of Commerce Foundation is a subordinate organization under Midland Chamber of Commerce.
Total revenues
$2,435,219
2022
Total expenses
$549,047
2022
Total assets
$6,420,717
2022
Num. employees
0
2022

Program areas at Midland Chamber of Commerce Foundation

The Midland Chamber of Commerce Foundation sponsors leadership Midland, which is a community leadership development program that provides exposure and insight to people who will occupy leadership positions within our community.
The Midland Chamber of Commerce Foundation sponsors the teacher adoption program and partners in education program. The teacher adoption program was formed with the goal to strengthen teachers' ties to the community through encouragement and development of relationships. Partners in education exists to provide liaisons between local campuses and businesses. A granting program is also housed under the umbrella of partners in education which provides funds for teacher projects that meet specific criteria established and vetted by the Midland Chamber's education committee.

Who funds Midland Chamber of Commerce Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$25,000
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$25,000
Abell-Hanger FoundationFor Host Sponsorship of the State of Education 2022$15,000
...and 2 more grants received

Personnel at Midland Chamber of Commerce Foundation

NameTitleCompensation
Bobby BurnsPresident and Chief Executive Officer / Board Member$0
Robert BurnsPresident$0
Rebecca ThomasExecutive Vice President$0
Rosco ThomasVice President and General
Abigail DavisDirector of Marketing and Events
...and 29 more key personnel

Financials for Midland Chamber of Commerce Foundation

RevenuesFYE 09/2022
Total grants, contributions, etc.$11,424
Program services$53,850
Investment income and dividends$18,797
Tax-exempt bond proceeds$0
Royalty revenue$2,274,948
Net rental income$76,200
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,435,219

Form 990s for Midland Chamber of Commerce Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-092022-08-15990View PDF
2020-092021-09-03990View PDF
2019-092020-10-22990View PDF
2018-092019-10-18990View PDF
2017-092018-11-15990View PDF
...and 8 more Form 990s
Data update history
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from National Christian Foundation / Natl Christian Charitable FDN Inc
May 21, 2023
Received grants
Identified 2 new grant, including a grant for $15,000 from Abell-Hanger Foundation
May 11, 2023
Used new vendors
Identified 1 new vendor, including
November 9, 2022
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
Operates donor advised fundsProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
303 W Wall Suite 200
Midland, TX 79701
Metro area
Midland, TX
County
Midland County, TX
Website URL
midlandtxchamber.com/ 
Phone
(432) 683-3381
IRS details
EIN
75-2181063
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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