2024-05-08T10:29:36-07:00 2023-12-31 990 2023-01-01 752295008 PERMIAN BASIN AREA FOUNDATION PERM 4326173213 3312 Andrews Highway Midland TX 79703 Guy McCrary President and CEO 4326173213 2024-04-20 Guy McCrary 999009999 1 1 11 1 AAL2 X 2023 2023-04-26 12:10:37Z Guy McCrary 3312 Andrews Highway Midland TX 79703 101182688 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. 12 12 11 60 0 0 31052031 25786317 30000 0 7865871 10060404 2186578 1452549 41134480 37299270 19536732 16586324 0 0 1369906 1443690 0 0 155664 1910172 1910609 22816810 19940623 18317670 17358647 251108203 294673980 7497051 9584698 243611152 285089282 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 17074216 16586324 0 Community capacity building programs: 508 grants to various non-profit organizations and 436 individuals awarded scholarships; based on approved grant and scholarship applications. 47102 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 2023 the Foundation conducted 41 education meetings and/or events with nonprofits. 0 0 0 17121318 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 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 15 0 1 11 1 0 0 0 0 1 1 0 0 0 0 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 1 0 X X X Cyndi Vara 4326173213 3312 Andrews Highway Midland TX 79703 Guy McCrary President and CEO 40 2 X 295281 0 30444 Cyndi Vara Chief Financial Officer 4 0 X 188959 0 42150 Sherri Heiting Education Programs Officer 40 0 X 117247 0 22434 Todd Meade Chair 1 0 X X 0 0 0 Wesley Bownds Vice Chair 1 0 X X 0 0 0 Mara Hobbs Past Chair 1 0 X X 0 0 0 R Alan Hale Secretary - Treasurer 1 0 X X 0 0 0 Andrew Semer Director 1 0 X 0 0 0 Bethany Etheredge Director 1 0 X 0 0 0 Bryan Heflin Director 1 0 X 0 0 0 G E Peterson Director 1 0 X 0 0 0 G Larry Lawrence Director 1 0 X 0 0 0 Madison Rose Director 1 0 X 0 0 0 Reggie Baker Director 1 0 X 0 0 0 Steve Barron Director 1 0 X 0 0 0 601487 0 95028 3 0 1 0 RBC Wealth Management 550 W Texas Ste 120 Midland TX 79701 Investment Consultant and Management Services 712980 UBS Financial Services Inc 1700 West Wall Street Midland TX 79701 Investment Consultant and Management Services 201966 Mason Investment Advisory Services 11130 Sunrise Valley Drive Suite 2 Reston VA 20191 Investment Consultant and Management Services 138145 Wells Fargo Wealth Management 950 Tower Lane Suite 1500 Foster City CA 94404 Investment Consultant and Management 129497 4 0 0 0 0 0 25786317 5251776 25786317 0 6378392 0 0 6378392 0 0 0 0 1371369 0 0 1371369 0 0 67565430 0 63883418 0 3682012 0 3682012 0 0 3682012 0 Admin fees on non-owned agency funds 561000 69872 0 0 69872 Other income 900099 11308 0 0 11308 0 0 0 0 81180 37299270 0 0 11512953 15677211 15677211 909113 909113 0 556834 79495 445066 32273 682432 247740 417916 16776 61784 23383 36823 1578 66055 20420 42785 2850 76585 22417 51360 2808 106102 15 106087 62308 60713 1595 1147131 1147131 14389 7026 184 7179 24682 5790 18106 786 92136 34011 55004 3121 55097 14954 37988 2155 38129 23417 11179 3533 149968 40702 103400 5866 85524 12971 35334 37219 Ad valorem taxes 48536 0 48536 0 Dues and memberships 24112 1709 21698 705 Event sponsorships 36723 0 0 36723 Board of Governors/committees 13519 333 13186 0 12253 611 11145 497 19940623 17121318 2663641 155664 479768 897896 3060051 16161704 465909 0 0 0 0 0 0 0 0 0 0 0 18367 11044 4781787 848459 4057773 3933328 227089749 257332586 0 0 0 0 0 0 15936586 16337422 251108203 294673980 0 0 398000 1809000 0 0 0 0 0 0 0 0 0 0 0 0 7099051 7775698 7497051 9584698 X 232217626 272435660 11393526 12653622 243611152 285089282 251108203 294673980 X 17358647 24256121 0 0 0 -136638 X 0 1 X 1 0 X 11151764 11556513 12614132 17159743 13759269 66241421 0 0 0 0 0 0 0 0 0 0 0 0 11151764 11556513 12614132 17159743 13759269 66241421 13346078 52895343 7456290 5050639 7366794 7304015 7749761 34927499 0 0 0 0 0 0 90769 66275 82293 76081 81180 396598 101565518 0.52080 0.52971 X Schedule A, Part II, Line 10 Other income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 7500 7500 19933123 19940623 1000000 250000 0 0 742353 852576 1000000 1000000 3594929 5392394 0 2114 7500 7500 17114 185588 213144 250000 250000 898732 1348098 0 0 0 0 0 77 91 7342420 741805 6099068 862905 50021405 44877437 1 1 195497211 8094565 29489113 10283437 0 2461086 220336366 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 1 0 0 0 0 0 302813 302813 0 3792840 538350 3254490 0 0 0 0 0 354114 219052 135062 0 332020 91057 240963 3933328 Oil and gas mineral interests 6381146 Beneficial interest in royalty trust 5427212 Beneficial interest in remainder trust 1655127 Bequest receivable 1000000 Beneficial interest in lead trust 854951 Benefical interest in annuity 664886 Cash surrender value of life insurance 302653 Beneficial interest in perpetual trust 51447 16337422 0 Agency transactions payable 12500 Amount held for agencies 7463198 Refundable advance 300000 7775698 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, 2020. 1 African Childrens Schools 1400 Fieldspring Drive Bakersfield CA 93311 811490071 501c3 10000 0 Educational Alamo Heights Baptist Church 1305 N Midland Drive Midland TX 79703 751888207 501c3 10516 0 Faith Based Ministries Alpine Chapel of Telluride and Mountain Village PO Box 2701 Telluride CO 81435 840453847 501c3 15000 0 Community Development Alpine Independent School District 704 W Sul Ross Avenue Alpine TX 79830 746000020 501c3 122493 0 Educational Aphasia Center of West Texas 5214 Thomason Drive Midland TX 79703 020618732 501c3 38000 0 Health Mental Health AQHA Foundation PO Box 32111 Amarillo TX 79120 510187823 501c3 15000 0 Educational Archway Outreach 114 N Midkiff Road Midland TX 79701 831434797 501c3 75000 0 Human Services Arise Africa Inc 1628 Fairmount Avenue Fort Worth TX 76104 272014915 501c3 15000 0 International Baptist Memorials Ministries PO Box 5661 San Angelo TX 76902 750983837 501c3 39557 0 Human Services Basin Dream Center for Orphans PO Box 52473 Midland TX 79701 820927815 501c3 50000 0 Housing Shelter Basin Theatre Works 310 W 42nd Odessa TX 79764 751227350 501c3 34865 0 Arts and Culture Big Bend Conservancy PO Box 200 Big Bend National Park TX 79834 752670331 501c3 36865 0 Environmental Big Bend Conservation Alliance PO Box 1721 Alpine TX 79831 473670796 501c3 60000 0 Environmental Big Brothers Big Sisters of the Permian Basin 714 W Louisiana Midland TX 79701 751791035 501c3 105978 0 Youth Development Billy Graham Evangelistic Association 1 Billy Graham Parkway Charlotte NC 28201 410692230 501c3 13955 0 Faith Based Ministries Borderlands Research Institute for Natural Resource Management Sul Ross State University PO Box C 21 Alpine TX 79832 753138496 501c3 50300 0 Educational Boys and Girls Club of Odessa 800 E 13th Street Odessa TX 79761 750990952 501c3 29433 0 Youth Development Bridges for Peace BFP International PO Box 410037 Melbourne FL 32941 753077433 501c3 23130 0 Faith Based Ministries Brite Divinity School TCU Box 298130 Fort Worth TX 76129 237121060 501c3 11208 0 Educational Buffalo Trail Council Boy Scouts of America 1101 West Texas Avenue Midland TX 79701 750800616 501c3 103346 0 Youth Development Bush Tennis Center 5700 Briarwood Avenue Midland TX 79707 261105431 501c3 48100 0 Health Mental Health Bynum School PO Box 80175 Midland TX 79708 751932925 501c3 288679 0 Educational Camp Fire USA West Texas Council PO Box 50988 Midland TX 79710 751298543 501c3 5309 0 Human Services Casa de Amigos of Midland Inc 1101 E Garden Lane Midland TX 79701 751240087 501c3 42558 0 Human Services CASA of West Texas 1611 W Texas Midland TX 79701 752871945 501c3 100000 0 Human Services Catholic Charities Community Services of Odessa 2500 Andrews Highway Odessa TX 79761 752233859 501c3 22366 0 Human Services Centers for Children and Families Inc 3701 Andrews Highway Midland TX 79703 751005357 501c3 17209 0 Health Mental Health Chihuahuan Desert Research Institute PO Box 905 Fort Davis TX 79734 237393204 501c3 45300 0 Environmental Christ Church Midland 5501 N Midkiff Road Midland TX 79705 202749884 501c3 122336 0 Faith Based Ministries Christmas in Action Inc PO Box 3744 Midland TX 79702 751731319 501c3 118088 0 Human Services City of Midland Aquatics Inc 3003 North A Street Midland TX 79705 751254435 501c3 62365 0 Health Mental Health Community Childrens Clinic PO Box 3328 Midland TX 79702 751875246 501c3 24945 0 Health Mental Health Comp U Dopt 1602 Airline Dr Houston TX 77009 261460311 501c3 7500 0 Educational Cook Childrens Health Foundation 801 7th Avenue Fort Worth TX 76104 752051649 501c3 53000 0 Health Mental Health DSC Foundation 13709 Gamma Road Dallas TX 75244 475373716 501c3 10000 0 Environmental Education Foundation of Odessa PO Box 951 Odessa TX 79760 752862209 501c3 55000 0 Educational Ellen Noel Art Museum 4909 E University Blvd Odessa TX 79762 751614818 501c3 10352 0 Arts and Culture Evergreen Cemetery Association PO Box 224 Stanton TX 79782 751592717 501c13 163429 0 Human Services Family Crisis Center of the Big Bend Inc PO Box 1470 Alpine TX 79831 751897981 501c3 200000 0 Human Services Family Promise of Midland 2908 W Ohio Ave Midland TX 79701 271003573 501c3 68167 0 Housing Shelter First Christian Church 1301 W Louisiana Avenue Midland TX 79701 750959993 501c3 11208 0 Faith Based Ministries First Presbyterian Church 800 W Texas Midland TX 79701 750983832 501c3 21270 0 Faith Based Ministries First Tee West Texas PO Box 53035 Midland TX 79710 830777833 501c3 103500 0 Youth Development First United Methodist Church Midland 300 N Main Street Midland TX 79701 750808826 501c3 272500 0 Faith Based Ministries Fix West Texas 5023 Princeton Avenue Ste 17 Midland TX 79703 844108520 501c3 25000 0 Animal Services Fort Griffin Fandangle Association PO Box 2017 Albany TX 76430 750844938 501c3 7500 0 Arts and Culture Friends of the Jeff Davis County Library PO Box 425 Fort Davis TX 79734 262817908 501c3 37500 0 Educational Friendship House PO Box 52621 Midland TX 79710 301203255 501c3 20000 0 Human Services Frio Canyon Garden Club PO Box 872 Leakey TX 78873 820775547 501c3 17600 0 Arts and Culture Frontier CASA Inc PO Box 1232 Alpine TX 79831 743006649 501c3 30000 0 Human Services Girl Scouts of the Desert Southwest 9700 Girl Scout Way El Paso TX 79924 741189693 501c3 27782 0 Youth Development Glen Rose ISD PO Box 2129 Glen Rose TX 76043 746000990 501c3 7500 0 Educational Grady Education Foundation 3500 FM 829 Lenorah TX 79749 352614324 501c3 16115 0 Educational Grady ISD 3500 FM 829 Lenorah TX 79749 756004076 501c3 251352 0 Educational Greater Ideal Family Life Center 301 S Tyler Midland TX 79701 043743673 501c3 30690 0 Youth Development High Sky Childrens Ranch 8613 W County Rd 60 Midland TX 79707 751155049 501c3 25889 0 Human Services Hillcrest School 2800 North A Street Midland TX 79705 752468032 501c3 11727 0 Educational Hispanic Cultural Center of Midland PO Box 51404 Midland TX 79710 752721254 501c3 25000 0 Arts and Culture Holy Trinity Episcopal Church 1412 W Illinois Midland TX 79701 751256947 501c3 13555 0 Faith Based Ministries Hospice of Midland 911 W Texas Avenue Midland TX 79701 751736007 501c3 92505 0 Health Mental Health Howard College at Big Spring Student Financial Aid 1001 Birdwell Lane Big Spring TX 79720 756001827 501c3 5518 0 Educational Howard Payne University Office of Institutional Advancement PO Box 2369 Brownwood TX 76804 750800653 501c3 20000 0 Educational Junior League of Midland Inc 902 W Dengar Midland TX 79705 751005294 501c3 30000 0 Human Services Leakey ISD PO Box 1129 Leakey TX 78873 746001593 501c3 22211 0 Educational Lilah Smith Safehouse PO Box 575 Fort Stockton TX 79735 452998818 501c3 62000 0 Human Services Literacy Coalition Of The Permian Basin 3500 North A Street Suite 2700 Midland TX 79705 871306190 501c3 150000 0 Educational Manor Park 2208 N Loop 250 West Midland TX 79707 751227882 501c3 200700 0 Human Services Marathon Primary Care Service Inc PO Box 477 Marathon TX 79842 742751026 501c3 65000 0 Health Mental Health Marathon Public Library PO Box 177 Marathon TX 79842 463355925 501c3 26000 0 Arts and Culture Marfa Education Foundation PO Box 660 Marfa TX 79843 274545608 501c3 65000 0 Educational Marfa Public Radio PO Box 238 Marfa TX 79843 562497864 501c3 15600 0 Arts and Culture Martin County Convent PO Box 1435 Stanton TX 79782 752284618 501c3 5861 0 Arts and Culture Martin County Historical Museum PO Box 929 Stanton TX 79782 751574557 501c3 83630 0 Arts and Culture McDonald Observatory UT Gifts CO Keary Kinch PO Box 7458 Austin TX 78713 746000203 501c3 260000 0 Educational Midland Army Airfield Foundation PO Box 3488 Midland TX 79702 472007563 501c3 28000 0 Educational Midland Childrens Rehabilitation Center 802 Ventura Avenue Midland TX 79705 750912521 501c3 32500 0 Health Mental Health Midland College Foundation 3600 N Garfield Midland TX 79705 237315067 501c3 87750 0 Educational Midland Community Development Corporation 208 South Marienfeld Midland TX 79701 752280264 501c3 300000 0 Community Development Midland Downtown Farmers Market PO Box 114 Tarzan TX 79783 453414900 501c3 12000 0 Arts and Culture Midland Education Foundation 615 W Missouri Ave Suite 224 Midland TX 79701 752330628 501c3 202100 0 Educational Midland Fair Havens 2400 Whitmire Blvd Suite 100 Midland TX 79705 752627746 501c3 197357 0 Human Services Midland Festival Ballet 3500 North A Street Suite 2600 Midland TX 79705 752510710 501c3 29000 0 Arts and Culture Midland Habitat for Humanity PO Box 2555 Midland TX 79702 752381356 501c3 258918 0 Housing Shelter Midland Historical Society PO Box 5901 Midland TX 79704 811226056 501c3 40000 0 Arts and Culture Midland Memorial Foundation 400 Rosalind Redfern Grover Parkway Midland TX 79701 750827455 501c3 757132 0 Health Mental Health Midland Rape Crisis and Childrens Advocacy Center PO Box 10081 Midland TX 79702 751673093 501c3 44466 0 Human Services Midland Shared Spaces 3500 N A Street Suite 1100 Midland TX 79705 454737063 501c3 20000 0 Community Development Midland Young Life 925 W Wadley Midland TX 79705 840385934 501c3 7284 0 Youth Development Mission Agape PO Box 3419 Midland TX 79702 800850297 501c3 22500 0 Human Services Mission Center Adult Day Service 3500 N A Street Suite 1300 Midland TX 79705 752459123 501c3 34707 0 Human Services Museum of the Big Bend PO Box C101 Alpine TX 79832 746000027 501c3 156000 0 Arts and Culture Nonprofit Management Center of the Permian Basin 3500 North A Street Suite 2300 Midland TX 79705 460706163 501c3 6000 0 Community Development Odessa Christian School 2000 Doran Street Odessa TX 79761 751231036 501c3 7237 0 Educational Odessa Christmas in Action Inc PO Box 15075 Odessa TX 79768 752258032 501c3 50000 0 Housing Shelter Odessa College Foundation 201 W University Blvd Odessa TX 79764 752655037 501c3 292356 0 Educational Odessa Family YMCA 3001 E University Blvd Odessa TX 79762 751187026 501c3 50000 0 Youth Development Opportunity Tribe 3310 West Wadley Drive MIdland TX 79707 752959142 501c3 106000 0 Youth Development PermiaCare 401 E Illinois Midland TX 79701 751401776 501c3 125000 0 Human Services Permian Basin Be the Change PO Box 52643 Midland TX 79710 461288541 501c3 10000 0 Youth Development Permian Basin Behavioral Health Center PO Box 61950 Midland TX 79711 874691648 501c3 1000000 0 Health Mental Health Permian Basin Gifts of Hope PO Box 1323 Midland TX 79702 200672472 501c3 90000 0 Human Services Permian Basin Mission Center 208 N Adams Odessa TX 79761 752828162 501c3 100000 0 Human Services Permian Basin Petroleum Museum Library and Hall of Fame 1500 Interstate 20 West Midland TX 79701 756085378 501c3 33000 0 Arts and Culture Permian Basin Public Telecommunications Inc Basin PBS PO Box 8940 Midland TX 79708 203221344 501c3 68300 0 Arts and Culture Permian Basin Regional Council on Alcohol and Drug Abuse 120 East 2nd Street Odessa TX 79761 752300815 501c3 32000 0 Health Mental Health Rape Crisis Victim Services of Big Spring PO Box 2137 Big Spring TX 79721 751980183 501c3 30000 0 Human Services Recording Library of West Texas 3500 North A Street Suite 2800 Midland TX 79705 237075064 501c3 12627 0 Human Services Reflection Ministries of Texas PO Box 52371 Midland TX 79710 814378080 501c3 323000 0 Human Services Robert E Lee High School Rebel Bandoliers PO Box 8741 Midland TX 79708 751977339 501c3 20000 0 Educational Ronald McDonald House Charities of the Southwest 3413 10th Street Lubbock TX 79415 751915179 501c3 8235 0 Human Services Safe in Spirit Inc 3950 State Highway 360 Grapevine TX 76051 883405624 501c3 100000 0 Educational Safe Place of the Permian Basin PO Box 11331 Midland TX 79702 751657264 501c3 45625 0 Human Services Salvation Army of Midland 600 E Wall Street Midland TX 79701 580660607 501c3 145518 0 Housing Shelter Samaritan Counseling Center PO Box 60312 Midland TX 79711 751437991 501c3 29709 0 Health Mental Health SCI Foundation 4800 West Gates Pass Road Tucson AZ 85745 860292099 501c3 16000 0 Human Services Science Mill PO Box 38 Johnson City TX 78636 460600789 501c3 14325 0 Educational Scurry County United Way PO Box 1411 Snyder TX 79550 751045038 501c3 15000 0 Community Development Senior Life Midland PO Box 80519 Midland TX 79708 751899190 501c3 20889 0 Human Services Share Sharing Hands A Respite Experience 3500 N A Street Suite 2500 Midland TX 79705 262780706 501c3 121208 0 Human Services Sibley Environmental Learning Center Foundation Inc Sibley Nature Center 1307 East Wadley Midland TX 79705 201991058 501c3 79480 0 Environmental Snyder Community Resource Center PO Box 1133 Snyder TX 79550 471138662 501c3 35000 0 Human Services 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 18925 0 Faith Based Ministries Spectrum of Solutions 2701 North A Street Midland TX 79705 751038411 501c3 279723 0 Human Services St Johns Episcopal Church PO Box 1690 Jackson WY 83001 836007946 501c3 10000 0 Faith Based Ministries St Johns Episcopal School PO Box 3046 Odessa TX 79760 752015719 501c3 43195 0 Educational St Johns School 2401 Claremont Lane Houston TX 77019 741185668 501c3 70000 0 Educational Stanton ISD 200 North College Street Stanton TX 79782 756002506 501c3 895837 0 Educational Starlight Therapeutic Riding Center Inc 6 Desta Drive Suite 3000 Midland TX 79705 841749519 501c3 7500 0 Health Mental Health Sul Ross State University Student Financial Aid Box C 113 Alpine TX 79832 746000027 501c3 227000 0 Educational Sunshine House Inc 402 E Holland Avenue Alpine TX 79830 741989614 501c3 50000 0 Human Services Teen Challenge Adult Centers of Texas Inc PO Box 251 Midland TX 79702 751757538 501c3 51208 0 Human Services Teen FLOW PO Box 733 Midland TX 79702 752899609 501c3 33000 0 Youth Development Texana Arts Council PO Box 1334 Edna TX 77957 742719867 501c3 90000 0 Arts and Culture Texas 4H Youth Development Foundation District 6 7887 N US Hwy 87 San Angelo TX 76901 746091147 501c3 10000 0 Youth Development Texas A and M Foundation 401 George Bush Drive College Station TX 77840 742245072 501c3 250000 0 Educational Texas A and M University 12th Man Foundation PO Box 2800 College Station TX 77841 741185725 501c3 200000 0 Educational Texas A and M University Kingsville Foundation Caesar Kleberg Wildlife Research Institute 700 University Boulevard MSC 218 Kingsville TX 78363 237166534 501c3 125000 0 Educational Texas Lions Camp Inc PO Box 290247 Kerrville TX 78029 741189679 501c3 35000 0 Youth Development Texas Tech College of Education Box 41071 Lubbock TX 79409 756043842 501c3 252000 0 Educational Texas Tech Foundation PO Box 45025 Lubbock TX 79409 756043842 501c3 95000 0 Educational The Association of Former Students Texas A and M University 505 George Bush Drive College Station TX 77840 740490865 501c3 15000 0 Educational The Attic Foster Network 2003 Oaklawn Drive Midland TX 79705 813145324 501c3 20000 0 Human Services The Fields Edge PO Box 50068 Midland TX 79710 814661939 501c3 75000 0 Housing Shelter The Life Center 2101 W Wall Midland TX 79701 751663590 501c3 55029 0 Human Services The Marathon Foundation 20742 Stone Oak Parkway Suite 107 San Antonio TX 78258 273518399 501c3 13689 0 Community Development The Old Jail Art Center 201 South Second Street Albany TX 76430 132952646 501c3 7500 0 Human Services The Springboard Center 200 Corporate Drive Midland TX 79705 752805439 501c3 316206 0 Health Mental Health The University of Texas MD Anderson Cancer Center PO Box 4486 Houston TX 77210 746001118 501c3 100000 0 Health Mental Health The World Orphan Fund N7130 N Lost Lake Road Randolph WI 53956 274389601 501c3 350000 0 Human Services Trinity School of Midland 3500 West Wadley Midland TX 79707 750995808 501c3 1151022 0 Educational United Way of Midland 1209 West Wall Midland TX 79701 750945926 501c3 21270 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 7000 0 Educational University of Texas of the Permian Basin Office of Institutional Advancement 4901 East University Blvd Odessa TX 79762 751393493 501c3 535346 0 Educational West Texas Conservatory 1602 Tarleton Street Duplex A Midland TX 79703 883414235 501c3 25000 0 Arts and Culture West Texas Food Bank PO Box 4242 Odessa TX 79760 752057692 501c3 39930 0 Human Services West Texas Gifts of Hope PO Box 891 Odessa TX 79760 272281886 501c3 100000 0 Human Services West Texas Symphony PO Box 60658 Midland TX 79711 751301544 501c3 108867 0 Arts and Culture Workforce Solutions Borderplex Inc 304 Texas Ave Ste 1401 El Paso TX 79901 742911834 501c3 50000 0 Youth Development YMCA of Midland PO Box 954 Midland TX 79702 750871732 501c3 214000 0 Health Mental Health Young Life 420 N Cascade Avenue Colorado Springs CO 80903 840385934 501c3 25000 0 Youth Development 161 1 Scholarship awards 436 909113 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 295281 0 0 0 0 0 0 0 30444 0 325725 0 0 0 Cyndi Vara Chief Financial Officer 184959 0 4000 0 0 0 0 0 42150 0 231109 0 0 0 Sherri Heiting Education Programs Officer 113247 0 4000 0 0 0 0 0 22434 0 139681 0 0 0 X 7 4246526 Fair Value X Estate gift receivable 1 1000000 Fair value X Printer 1 5250 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 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 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 conflict of interest policy available to the public upon request. The Foundation provides its audited financial statements available to the public on request; the audited financial statements are also accessible on the Foundation's website. The Foundation also includes in its 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 ($55,787); Change in value of split interest agreement was $718,494; Change in value of perpetual trust was 4,130; Change in value of production royalty was ($803,475). 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0