Cause IQ organization profile

Permian Basin Area Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Permian Basin Area Foundation is a community foundation based in Midland, TX that was founded in 1989. As of 2019 they had $31 million in revenue and $181 million in assets.

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.

EIN:
75-2295008
City:
State:
Website:
Phone:
432-617-3213
Facebook:
Founded:
1989
Type:
501(c)(3)
NTEE:
Revenue:
$31,668,761
Assets:
$181,903,921
Employees:
9
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Permian Basin Area Foundation

Community capacity building programs: 595 grants to various non-profit organizations and scholarships to individuals; based on approved grant and scholarship applications.

Community Education includes general outreach to advance the mission of the Foundation and philanthropy in West Texas. During 2018 the Foundation conducted 22 meetings and/or educational events with nonprofits.

Form 990s for Permian Basin Area Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 12, 2019990View PDF
2017-12Aug 23, 2018990View PDF
2016-12Sep 1, 2017990View PDF
2015-12Sep 16, 2016990View PDF
2014-12Jun 26, 2015990View PDF
...and five more Form 990 PDFs

Financials for Permian Basin Area Foundation

Field2018
Total grants, contributions, etc.$17,945,115
Program services$0
Investment income and dividends$4,500,005
Tax-exempt bond proceeds$0
Royalty revenue$5,775,582
Net rental income$0
Net gain from sale of non-inventory assets$3,445,871
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,188
Total revenues$31,668,761

Vendors for Permian Basin Area Foundation

VendorServicesAmount paidDate
MailChimpMarketing software2020-06-15
█████████Content management system software2020-06-15
█████ ███████ ████████ ███Marketing of Oil and Gas Royalty Interests for Sale$214,7342018-12-01
██████ █████ ████████ ████████████Building Construction$1,697,5972018-12-01
███ ██████ ██████████Investment Consultant and Management Services$643,2752018-12-01
███ █████████ ████████ ███Investment Consultant and Management Services$161,0062018-12-01

Personnel at Permian Basin Area Foundation

NameTitleCompensationMost recent data
Guy McCraryPresident and Chief Executive Officer$208,058Aug. 29, 2019
Aaron Bedell, CfreChief Operating Officer$107,736Aug. 29, 2019
█████ ████Chief Financial Officer / Controller$146,476Aug. 29, 2019
███ ████████Chairman / Vice - Chair$0Aug. 29, 2019
████ ██████Vice Chairman$0Aug. 29, 2019
█████ ████Secretary$0Aug. 29, 2019
████ ████████Past Chairman$0Dec. 31, 2018
█████ █████Treasurer / Director$0Dec. 31, 2018
█████ ███████Past Treasurer$0June 19, 2018
█████ ████████Past Chair$0June 14, 2018
...and three more key personnel

Peer community foundations

 NameTypeRevenueLocation
1Community Foundation of West Texas501(c)(3)$9.0 millionLubbock, TX
2Community Foundation of Abilene501(c)(3)$17 millionAbilene, TX
3Waco Foundation501(c)(3)$8.5 millionWaco, TX
4Dallas Jewish Community Foundation (DJCF)501(c)(3)$25 millionDallas, TX
5Communities Foundation of Texas501(c)(3)$152 millionDallas, TX
6El Paso Community Foundation (EPCF)501(c)(3)$10 millionEl Paso, TX
7San Angelo Area Foundation501(c)(3)$22 millionSan Angelo, TX
8Amarillo Area Foundation501(c)(3)$17 millionAmarillo, TX
9Wichita Falls Area Community Foundation (WFACF)501(c)(3)$11 millionWichita Falls, TX
10Grays Harbor Community Foundation501(c)(3)$9.0 millionHoquiam, WA
11Suzanne and Walter Scott Foundation501(c)(3)$104 millionOmaha, NE
12The Community Foundation for Northern Virginia (CFNOVA)501(c)(3)$24 millionOakton, VA
13The Catholic Foundation of North Georgia501(c)(3)$9.7 millionAtlanta, GA
14Community Foundation of the Lowcountry501(c)(3)$9.8 millionHilton Head Island, SC
15Community Foundation of Henderson County501(c)(3)$10 millionHendersonville, NC
16Charlottesville Area Community Foundation (CACF)501(c)(3)$23 millionCharlottesville, VA
17Community Foundation of Gaston County501(c)(3)$10 millionGastonia, NC
18Truman Heartland Community Foundation (THCF)501(c)(3)$9.7 millionIndependence, MO
19Archdiocese of Milwaukee Catholic Community Foundation501(c)(3)$10 millionMilwaukee, WI
20Community Foundation of Southern Wisconsin (CFSW)501(c)(3)$10 millionJanesville, WI
21The Oshkosh Area Community Foundation Corporation (OACF)501(c)(3)$9.3 millionOshkosh, WI
22The Jerusalem Foundation Incorporated501(c)(3)$26 millionNew York, NY
23Jewish Community Foundation of Greater Phoenix (JCF)501(c)(3)$11 millionScottsdale, AZ
24Pinellas Community Foundation501(c)(3)$9.1 millionClearwater, FL
25Community Foundation of Louisville501(c)(3)$66 millionLouisville, KY