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  4. Scharbauer Foundation
EIN 26-2527362

Scharbauer Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Midland
State
Texas
Year formed
2009
Most recent tax filings
2020-12-01
NTEE code, primary
T20: Private Foundations
Description
Since the late 1880s, the Scharbauer family has been a major contributor to the growth, development and improvement of Midland, Texas. Today, the Scharbauer Foundation continues that family tradition.
Total revenues
$34,256,136
2020
Total expenses
$16,807,740
2020
Total assets
$221,642,328
2020
Num. employees
n/a

Program areas at Scharbauer Foundation

Grants made by Scharbauer Foundation

GranteeGrant descriptionAmount
Communities Foundation of TexasEstablishing Idea Public Schools in the Permian Basin$3,500,000
MarcCapital Campaign: New Administration & Day Center Buildings$1,500,000
Petroleum MuseumStem Education Center Capital Campaign$1,400,000
...and 30 more grants made totalling $10,745,000

Personnel at Scharbauer Foundation

NameTitleCompensation
Sarah A. ShawVice President / Program Director
Grant A BillingsleyExecutive Director$401,500
Joann PriceTreasurer / Controller$125,400
Sarah A ScottProgram Director$132,000

Financials for Scharbauer Foundation

RevenuesFYE 12/2020
Total grants, contributions, etc.$0
Investment income and dividends$4,497,485
Net rental income$0
Net gain from sale of non-inventory assets
Gross sales of inventory$0
Miscellaneous revenues$30,401,089
Total revenues$34,256,136

Form 990s for Scharbauer Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-10990PFView PDF
2018-122019-12-16990PFView PDF
2017-122018-11-15990PFView PDF
2016-122017-09-20990PFView PDF
2015-122016-07-15990PFView PDF
...and 5 more Form 990s

Organizations like Scharbauer Foundation

OrganizationLocationRevenue
Dane G Hansen FoundationLogan, KS$39,131,774
Joseph and Vera Zilber Charitable FoundationMilwaukee, WI$14,759,051
Woodcock FoundationNew York, NY$19,650,027
Richard and Susan Smith Family FoundationNewton, MA$15,742,369
InsitechWarren, NJ$10,215,632
Flatley FoundationBraintree, MA$126,955,750
Koret FoundationSan Francisco, CA$33,060,922
Gerry FoundationLiberty, NY$10,538,583
James Graham Brown FoundationLouisville, KY$20,529,580
Otto Bremer Trust (OBT)Saint Paul, MN$94,804,638
Data update history
November 12, 2021
Used new vendors
Identified 2 new vendors, including , and
October 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 25, 2021
Updated personnel
Identified 9 new personnel
March 3, 2021
Posted financials
Added Form 990PF for fiscal year 2018
June 16, 2020
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
300 N Marienfeld Suite 900
Midland, TX 79701
Metro area
Midland, TX
County
Midland County, TX
Website URL
scharbauerfoundation.org/ 
Phone
(432) 683-2222
IRS details
EIN
26-2527362
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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