2023-05-11T11:29:58-07:00 2022-12-31 990 2022-01-01 752295008 PERMIAN BASIN AREA FOUNDATION PERM 4326173213 3312 Andrews Highway Midland TX 79703 Guy McCrary President and CEO 4326173213 2023-05-10 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Guy McCrary 3312 Andrews Highway Midland TX 79703 86867216 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 11 64 0 0 12614132 31052031 0 30000 19096947 7865871 1344152 2186578 33055231 41134480 10977517 19536732 0 0 1224905 1369906 0 0 170957 1849100 1910172 14051522 22816810 19003709 18317670 279717835 251108203 8997277 7497051 270720558 243611152 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. 0 0 20015842 19536732 30000 Community capacity building programs: 471 grants to various non-profit organizations and 387 individuals awarded scholarships; based on approved grant and scholarship applications. 25316 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 2022 the Foundation conducted 31 education meetings and/or events with nonprofits. 0 0 0 20041158 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 0 0 0 1 11 0 1 11 1 0 0 0 0 1 1 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 278433 0 28760 Cyndi Vara Chief Financial Officer 40 0 X 190229 0 40897 Sherri Heiting Education Programs Officer 40 0 X 113849 0 20272 Mara Hobbs Past Chair 1 0 X X 0 0 0 Todd Meade Chair 1 1 X X 0 0 0 Cal Hendrick Director 1 0 X 0 0 0 Bryan Heflin Director 1 0 X 0 0 0 G Larry Lawrence Director 1 0 X 0 0 0 Andrew Semer Director 1 0 X 0 0 0 Steve Barron Director 1 0 X 0 0 0 Wesley Bownds Vice Chair 1 0 X X 0 0 0 R Alan Hale Secretary - Treasurer 1 0 X X 0 0 0 Bethany Etheredge Director 1 0 X 0 0 0 G E Peterson Director 1 0 X 0 0 0 582511 0 89929 3 0 1 0 RBC Wealth Management 550 W Texas Ste 120 Midland TX 79701 Investment Consultant and Management Services 745035 Mason Investment Advisory Services 11130 Sunrise Valley Drive Suite 2 Reston VA 20191 Investment Consultant and Management Services 140510 UBS Financial Services Inc 1700 West Wall Street Midland TX 79701 Investment Consultant and Management Services 200566 Wells Fargo Wealth Management 950 Tower Lane Suite 1500 Foster City CA 94404 Investment Consultant and Management 118676 4 0 0 0 692488 0 30359543 10745945 31052031 Fiscal sponsorship fees received 561000 30000 30000 0 0 0 0 0 0 30000 5193518 0 0 5193518 0 0 0 0 2110497 0 0 2110497 0 0 48405089 0 45727969 4767 2677120 -4767 2672353 0 0 2672353 0 Other income 900099 3718 0 0 3718 Admin fees on non-owned agency funds 561000 72363 0 0 72363 0 0 0 0 76081 41134480 30000 0 10052449 18842419 18842419 694313 694313 538320 84923 408362 45035 645725 230284 405087 10354 55302 18795 35472 1035 58293 18390 36873 3030 72266 21462 48091 2713 134975 134975 38751 38732 19 1166116 1166116 12086 4042 875 7169 24283 5172 18058 1053 94756 39170 52090 3496 43301 11759 29558 1984 12449 6569 4769 1111 154940 42076 105765 7099 76025 10494 28760 36771 Ad valorem taxes 56631 0 56631 0 Dues and memberships 19453 2733 15990 730 Event sponsorships 52286 6000 0 46286 Board of Governors/committees 8787 0 8787 0 15333 2557 9704 3072 22816810 20041158 2604695 170957 577141 479768 14173055 3060051 1000000 465909 0 0 0 0 0 0 0 0 0 0 30215 18367 4757153 699380 4188926 4057773 245043456 227089749 0 0 0 0 0 0 14705042 15936586 279717835 251108203 0 0 235460 398000 0 0 0 0 0 0 0 0 0 0 0 0 8761817 7099051 8997277 7497051 X 259689928 232217626 11030630 11393526 270720558 243611152 279717835 251108203 X 18317670 -45786034 0 0 0 358958 X 0 1 X 1 0 X 10335091 11151764 11556513 12614132 31052031 76709531 0 0 0 0 0 0 0 0 0 0 0 0 10335091 11151764 11556513 12614132 31052031 76709531 9534878 67174653 10275587 7456290 5050639 7366794 7304015 37453325 0 0 0 0 0 0 2188 90769 66275 82293 76081 317606 114480462 0.58678 0.47210 X Schedule A, Part II, Line 10 other income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 7500 7500 22809310 22816810 1000000 250000 0 0 849434 742353 852576 1000000 3444363 5166545 0 0 2114 7500 9614 212359 185588 213144 250000 861091 1291637 0 0 0 0 0 75 92 5036498 18781121 3345880 9201974 42591622 40386663 1 1 220856500 19475770 -35585137 6784718 0 2465204 195497211 197453275 6848033 24928090 6259368 0 2113530 220856500 184459807 1079255 18730888 5082142 0 1734536 197453272 149783696 15123129 29843422 8758672 0 1531768 184459807 141765436 22941687 -9012610 4597698 0 1313119 149783696 1 0 0 0 0 0 302813 302813 0 3791446 442567 3348879 0 0 0 0 0 341436 182363 159073 0 321458 74450 247008 4057773 Beneficial interest in royalty trust 4981543 Beneficial interest in lead trust 909596 Bequest receivable 1000000 Beneficial interest in remainder trust 1455070 Beneficial interest in perpetual trust 47317 Oil and gas mineral interests 7184621 Cash surrender value of life insurance 358439 15936586 Agency transactions payable 15000 Amount held for agencies 6784051 Refundable advance 300000 7099051 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, 2019. 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 29 Acres 3000 Moseley Road Cross Roads TX 76227 275537523 501c3 10000 0 Human Services Addys Hope Adoption Agency PO Box 9161 Midland TX 79708 201760379 501c3 20000 0 Human Services Agape Counseling Services 3500 North A Street Suite 2400 Midland TX 79705 452450285 501c3 50000 0 Health Mental Health Alamo Heights Baptist Church 1305 N Midland Drive Midland TX 79703 751888207 Church 10234 0 Faith Based Ministries Alpine Christian School 1901 Loop Drive Alpine TX 79830 113763276 501c3 100000 0 Educational Alpine Humane Society PO Box 1464 Alpine TX 79831 752070318 501c3 30000 0 Animal Services Alpine Public Library 805 West Avenue E Alpine TX 79830 741478092 501c3 100000 0 Educational American Red Cross Permian Basin Area Chapter 2218 Pershing Drive Austin TX 78723 530196605 501c3 40000 0 Human Services Amy Bell Charities Inc PO Box 10649 Midland TX 79702 862444500 501c3 12000 0 Human Services Aphasia Center of West Texas 5214 Thomason Drive Midland TX 79703 020618732 501c3 28307 0 Health Mental Health Arise Africa Inc 1628 Fairmount Avenue Fort Worth TX 76104 272014915 501c3 45000 0 X International Arts Council of Midland PO Box 3494 Midland TX 79702 751894442 501c3 30000 0 Arts and Culture Ballroom Marfa PO Box 1661 Marfa TX 79843 200126402 501c3 10000 0 Arts and Culture Baptist Memorials Ministries PO Box 5661 San Angelo TX 76902 750983837 501c3 76572 0 Human Services Big Bend Conservancy PO Box 200 Big Bend National Park TX 79834 752670331 501c3 14000 0 Environmental Big Bend Conservation Alliance PO Box 1721 Alpine TX 79831 473670796 501c3 20000 0 Environmental Big Brothers Big Sisters of the Permian Basin 714 W Louisiana Midland TX 79701 751791035 501c3 5792 0 Community Development Billy Graham Evangelistic Association 1 Billy Graham Parkway Charlotte NC 28201 410692230 501c3 13415 0 Faith Based Ministries Borderlands Research Institute for Natural Resource Management Sul Ross State University PO Box C 21 Alpine TX 79832 753138496 501c3 50000 0 Educational Boys and Girls Club of Odessa 800 E 13th Street Odessa TX 79761 750990952 501c3 100312 0 Youth Development Boys and Girls Club of The Permian Basin 800 E 13th Street Odessa TX 79761 461749237 501c3 60000 0 Youth Development Breaking Bread Kitchen PO Box 9402 Midland TX 79708 752758174 501c3 75348 0 Human Services Bridges for Peace BFP International PO Box 410037 Melbourne FL 32941 753077433 501c3 21681 0 Faith Based Ministries Brite Divinity School TCU Box 298130 Fort Worth TX 76129 237121060 501c3 18531 0 Educational Buckner Children and Family Services 425 W Pecan Midland TX 79705 752571395 501c3 178483 0 Human Services Buffalo Trail Council BSA 1101 West Texas Avenue Midland TX 79701 750800616 501c3 58366 0 Youth Development Bynum School PO Box 80175 Midland TX 79708 751932925 501c3 129122 0 Educational Caesar Kleberg Foundation for Wildlife Conservation PO Box 1555 Kingsville TX 78364 746038766 501c3 20000 0 Animal Services Casa de Amigos 1101 E Garden Lane Midland TX 79701 751240087 501c3 7500 0 Human Services Catholic Charities Community Services of Odessa 2500 Andrews Highway Odessa TX 79761 752233859 501c3 51399 0 Human Services CBM Ministries of the Great Southwest PO Box 1058 Edmond OK 73083 731492684 501c3 9270 0 Faith Based Ministries Centers for Children and Families Inc 3701 Andrews Highway Midland TX 79703 751005357 501c3 190770 0 Health Mental Health Chinati Foundation PO Box 1135 Marfa TX 79843 742340423 501c3 25000 0 Arts and Culture Christchurch School 49 Seahorse Lane Christchurch VA 23031 510236362 501c3 40000 0 Educational Christmas in Action of Midland PO Box 3744 Midland TX 79702 751731319 501c3 53123 0 Human Services COM Aquatics 3003 North A Street Midland TX 79705 751254435 501c3 19206 0 Health Mental Health Communities In Schools of the Permian Basin PO Box 10532 Midland TX 79702 752821486 501c3 300000 0 Youth Development Community Childrens Clinic PO Box 3328 Midland TX 79702 751875246 501c3 7760 0 Community Development Downtown Leakey Inc PO Box 464 Leakey TX 78873 473846841 501c3 100000 0 Human Services Family Promise of Midland 2908 W Ohio Avenue Midland TX 79701 271003573 501c3 10531 0 Human Services Family Promise of Odessa PO Box 12781 Odessa TX 79762 261828381 501c3 30000 0 Human Services First Christian Church 1301 W Louisiana Avenue Midland TX 79701 750959993 501c3 10531 0 Faith Based Ministries First Presbyterian Church 800 W Texas Midland TX 79701 750983832 501c3 27557 0 Faith Based Ministries First United Methodist Church Fort Worth 800 West Fifth Street Fort Worth TX 76102 750800645 501c3 10000 0 Faith Based Ministries First United Methodist Church Midland 300 N Main Street Midland TX 79701 750808826 Church 20000 0 Faith Based Ministries Food Pantry of Jeff Davis PO Box 244 Fort Davis TX 79734 752875263 501c3 20000 0 Human Services Fort Davis Higher Education Foundation PO Box 335 Fort Davis TX 79734 061653768 501c3 20000 0 Educational Fort Davis Independent School District PO Box 1339 401 W Webster Avenue Fort Davis TX 79734 746000855 GOVT 15000 0 Educational Friendship House PO Box 52621 Midland TX 79710 301203255 501c3 20000 0 Human Services Friends of the Jeff Davis County Library PO Box 425 Fort Davis TX 79734 262817908 501c3 25000 0 Educational George W Bush Foundation 2943 SMU Boulevard Dallas TX 75205 204119317 501c3 25000 0 Arts and Culture Girl Scouts of the Desert Southwest 9700 Girl Scout Way El Paso TX 79924 741189693 501c3 26929 0 Youth Development Gladney Center for Adoption 6300 John Ryan Drive Fort Worth TX 76132 750917409 501c3 20000 0 Human Services Grady ISD 3500 FM 829 Lenorah TX 79749 756004076 Govt 341213 0 Educational Grand Companions Humane Society PO Box 1156 Fort Davis TX 79734 820586174 501c3 30000 0 Animal Services High Sky Childrens Ranch 8613 W County Rd 60 Midland TX 79707 751155049 501c3 100000 0 Human Services Hillcrest School 2800 North A Street Midland TX 79705 752468032 501c3 92022 0 Educational Historic Cane Hill Inc PO Box 756 Lincoln AR 72744 710653475 501c3 255000 0 Arts and Culture Holy Cross Catholic High School 4014 North County Road 1160 Midland TX 79705 474189121 501c3 15000 0 Faith Based Ministries Howard College at Big Spring Student Financial Aid 1001 Birdwell Lane Big Spring TX 79720 756001827 Govt 5618 0 Educational I20 Wildlife Preserve and Jenna Welch Nature Study Center PO Box 2906 Midland TX 79702 261270576 501c3 11038 0 Community Development Judd Foundation 101 Spring Street New York NY 10012 742798673 501c3 15000 0 Arts and Culture Junior Achievement of the Permian Basin 306 W Wall Suite 827 Midland TX 79701 750944915 501c3 30000 0 Youth Development Junior League of Midland Inc 902 W Dengar Midland TX 79705 751005294 501c3 61926 0 Community Development Kerrville First United Methodist Church 321 Thompson Drive Kerrville TX 78028 741233799 Church 17000 0 Faith Based Ministries Leakey ISD PO Box 1129 Leakey TX 78873 746001593 Govt 33500 0 Educational Literacy Coalition Of The Permian Basin 3500 North A Street Suite 2700 Midland TX 79705 871306190 501c3 210000 0 Educational Manor Park 2208 N Loop 250 West Midland TX 79707 751227882 501c3 394000 0 Human Services Marathon Primary Care Service Inc PO Box 477 Marathon TX 79842 742751026 501c3 30000 0 Health Mental Health Marathon Public Library PO Box 177 Marathon TX 79842 463355925 501c3 25000 0 Arts and Culture Marfa Education Foundation PO Box 660 Marfa TX 79843 274545608 501c3 30000 0 Educational Marfa Live Arts PO Box 1365 Marfa TX 79843 743011051 501c3 20000 0 Arts and Culture Marfa Public Radio PO Box 238 Marfa TX 79843 562497864 501c3 115250 0 Arts and Culture Martin County Convent PO Box 1435 Stanton TX 79782 752284618 501c3 30583 0 Arts and Culture Martin County Historical Museum PO Box 929 Stanton TX 79782 751574557 501c3 222068 0 Arts and Culture McDonald Observatory UT Gifts CO Keary Kinch PO Box 7458 Austin TX 78713 746000203 501c3 25000 0 Educational M D Anderson Services Corporation PO Box 301439 Houston TX 77230 760300816 501c3 10000 0 Health Mental Health Medical Center Health System Foundation PO Box 7335 Odessa TX 79760 751220726 501c3 75000 0 Health Mental Health Midland Academy Charter School PTO 500 N Baird Midland TX 79701 831694048 501c3 10000 0 Educational Midland Childrens Rehabilitation Center 802 Ventura Avenue Midland TX 79705 750912521 501c3 170000 0 Health Mental Health Midland Christian School 2001 Culver Drive Midland TX 79705 756004672 501c3 15000 0 Educational Midland College Foundation 3600 N Garfield Midland TX 79705 237315067 501c3 142000 0 Educational Midland Community Theatre 2000 W Wadley Ave Midland TX 79705 756003774 501c3 25000 0 Arts and Culture Midland County Public Library Foundation PO Box 1634 Midland TX 79702 460735772 501c3 7126 0 Educational Midland Education Foundation 615 W Missouri Avenue Suite 224 Midland TX 79701 752330628 501c3 89014 0 Educational Midland Fair Havens 2400 Whitmire Blvd Suite 100 Midland TX 79705 752627746 501c3 71022 0 Human Services Midland Habitat for Humanity PO Box 2555 Midland TX 79702 752381356 501c3 7781 0 Housing Shelter Midland Memorial Foundation 400 Rosalind Redfern Grover Parkway Midland TX 79701 750827455 501c3 15164 0 Health Mental Health Midland Odessa Symphony and Chorale PO Box 60658 Midland TX 79711 751301544 501c3 66738 0 Arts and Culture Midland Soup Kitchen 1401 Orchard Lane Midland TX 79701 752360667 501c3 50000 0 Human Services Midland Young Life 925 W Wadley Midland TX 79705 840385934 501c3 42205 0 Youth Development Mission Agape PO Box 3419 Midland TX 79702 800850297 501c3 60000 0 Human Services Museum of the Big Bend PO Box C 101 Alpine TX 79832 746000027 501c3 310795 0 Arts and Culture Museum of the Southwest 1705 W Missouri Avenue Midland TX 79701 751229711 501c3 150000 0 Arts and Culture Nonprofit Management Center of the Permian Basin 3500 North A Street Suite 2300 Midland TX 79705 460706163 501c3 100000 0 Community Development Northeast Midland County Volunteer Fire Department PO Box 10005 Midland TX 79705 752293149 501c3 15000 0 Community Development Odessa Chamber Of Commerce PO Box 3626 Odessa TX 79760 750469860 501c3 20000 0 Community Development Odessa Christian School 2000 Doran Street Odessa TX 79761 751231036 501c3 13985 0 Educational Odessa College Foundation 201 W University Odessa TX 79764 752655037 501c3 5633 0 Educational Odessa Links 119 W 4th Street Suite 201 Odessa TX 79761 752943130 501c3 25000 0 Human Services Ozona Community Center Inc PO Box 41 Ozona TX 76943 751897769 501c3 20000 0 Community Development Partners Relief and Development PO Box 1992 Grand Rapids MI 49501 223786806 501c3 350000 0 Human Services Permian Basin Rehabilitation Center 620 N Alleghaney Odessa TX 79761 750866501 501c3 68611 0 Health Mental Health Pink the Basin Inc PO Box 7406 Odessa TX 79760 454966937 501c3 61000 0 Health Mental Health Quality of Place Conservancy PO Box 51022 Midland TX 79710 872579004 501c3 8122475 0 Community Development Recording Library of West Texas 3500 North A Street Suite 2800 Midland TX 79705 237075064 501c3 42210 0 Human Services Reflection Ministries of Texas PO Box 52371 Midland TX 79710 814378080 501c3 10500 0 Human Services Safe Place of the Permian Basin PO Box 11331 Midland TX 79702 751657264 501c3 117393 0 Human Services Salvation Army of Big Spring 811 W 5th Big Spring TX 79720 580660607 501c3 50000 0 Community Development Salvation Army of Midland 600 E Wall Street Midland TX 79701 580660607 501c3 53626 0 Human Services Samaritan Counseling Center PO Box 60312 Midland TX 79711 751437991 501c3 57000 0 Health Mental Health San Sabas First Baptist Church 1306 E Wallace Street San Saba TX 76877 741198297 Church 8000 0 Faith Based Ministries SCI Foundation 4800 West Gates Pass Road Tucson AZ 85745 860292099 501c3 10000 0 Human Services Senior Life Midland PO Box 80519 Midland TX 79708 751899190 501c3 55000 0 Human Services SHARE 3500 N A Street Suite 2500 Midland TX 79705 262780706 501c3 10531 0 Health Mental Health Sibley Nature Center 1307 East Wadley Midland TX 79705 201991058 501c3 8841 0 Environmental South Texas Charity Weekend Inc Msc 218 700 University Blvd Kingsville TX 78363 200802657 501c3 8000 0 Educational Southwest Radio Church of the Air 500 Beacon Drive Oklahoma City OK 73127 730712306 501c3 17862 0 Faith Based Ministries Spectrum of Solutions 2701 North A Street Midland TX 79705 751038411 501c3 20000 0 Human Services Stanton ISD 200 North College Street Stanton TX 79782 756002506 Govt 1315409 0 Educational St Johns Episcopal Church PO Box 3346 Odessa TX 79760 756004798 Church 58400 0 Faith Based Ministries St Johns Episcopal School PO Box 3046 Odessa TX 79760 752015719 501c3 41085 0 Educational St Johns School 2401 Claremont Lane Houston TX 77019 741185668 501c3 50000 0 Educational Sul Ross State University Student Financial Aid Box C 113 Alpine TX 79832 746000027 Govt 12000 0 Educational Sunshine House Inc 402 E Holland Avenue Alpine TX 79830 741989614 501c3 60000 0 Human Services TCU Frog Club TCU Box 297140 Fort Worth TX 76129 750827465 501c3 50000 0 Educational Teen Challenge of the Permain Basin PO Box 251 Midland TX 79702 751757538 501c3 10531 0 Human Services Terrell County Independent School District PO Box 747 Sanderson TX 79848 746002263 Govt 35000 0 Educational Texas A and M Foundation 401 George Bush Drive College Station TX 77840 742245072 501c3 102500 0 Educational Texas Tech Foundation PO Box 45025 Lubbock TX 79409 756043842 501c3 50000 0 Educational Texas Water Trade 611 S Congress Avenue Suite 125 Austin TX 78704 832740232 501c3 25000 0 Environmental The Association of Former Students Texas A and M University 505 George Bush Drive College Station TX 77840 740490865 501c3 15000 0 Educational The Life Center 2101 W Wall Midland TX 79701 751663590 501c3 37022 0 Human Services The Marathon Foundation 20742 Stone Oak Parkway Suite 107 San Antonio TX 78258 273518399 501c3 13251 0 Community Development The Springboard Center 200 Corporate Drive Midland TX 79705 752805439 501c3 14330 0 Health Mental Health Trinity School of Midland 3500 West Wadley Midland TX 79707 750995808 501c3 45929 0 Educational United Way of Midland 1209 West Wall Midland TX 79701 750945926 501c3 42729 0 Community Development University of Arkansas Foundation 535 W Research Center Blvd Ste 120 Fayetteville AR 72701 716056774 501c3 10000 0 Educational University of Texas at Austin Cockrell School of Engineering Cockrell School of Engineering 2501 Speedway Stop C2108 Austin TX 78712 746000203 501c3 16500 0 Educational University of Texas of the Permian Basin Office of Institutional Advancement 4901 East University Blvd Odessa TX 79762 751393493 Govt 576329 0 Educational Ward County Greater Works Inc PO Box 816 Monahans TX 79756 432025340 501c3 620000 0 Human Services Ward County Library 409 S Dwight Monahans TX 79756 756001193 501c3 10000 0 Educational Western Texas Lions Eye Bank Alliance PO Box 2911 San Angelo TX 76905 237203051 501c3 25000 0 Health Mental Health West Texas Food Bank PO Box 4242 Odessa TX 79760 752057692 501c3 215169 0 Human Services West Texas Heritage Holdings 3312 Andrews Highway Midland TX 79703 271928634 501c3 25000 0 Community Development YMCA of Midland PO Box 954 Midland TX 79702 750871732 501c3 11500 0 Health Mental Health You Can Free Us Foundation PO Box 271596 Flower Mound TX 75027 812747446 501c3 35000 0 Human Services Young Life Big Bend PO Box 1761 Marfa TX 79843 840385934 501c3 30000 0 Youth Development Young Life San Saba 11401 Lakeview Circle Brenham TX 77833 840385934 501c3 25000 0 Faith Based Ministries Jeff Davis County Treasurer Office PO Box 605 Fort Davis TX 79734 746003190 Govt 75000 0 Community Development 145 5 Scholarship awards 387 694313 0 Fair value 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 President and CEO 278433 0 0 0 0 0 0 0 28760 0 307193 0 0 0 Cyndi Vara Chief Financial Officer 174714 0 15515 0 0 0 0 0 40897 0 231126 0 0 0 Sherri Heiting Education Programs Officer 107849 0 6000 0 0 0 0 0 20272 0 134121 0 0 0 X 12 9270275 Fair value X Printer 2 25670 Fair value X Estate gift receivable 1 1000000 Fair value 0 0 1 1 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 CFO and other accounting staff prepare the Form 990. The independent auditor 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 with a copy of the Form 990 prior to approval by the Board, and 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 Foundation also includes in the 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 $9,427; Change in value of split interest agreement was $500,020; Change in value of perpetual trust was ($9,710); Change in value of production royalty was ($140,779). West Texas Heritage Holdings Inc c/o Guy McCrary 3312 Andrews Highway Midland TX 79703 271928634 supporting organization TX 501(c)(3) Public Charity N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 West Texas Heritage Holdings Inc c 164300 Cash West Texas Heritage Holdings Inc c 62279 Cash West Texas Heritage Holdings Inc c 465909 Cash