Permian Basin Area Foundation exists to partner with donors in creating permanent charitable funds to enrich the quality of life in West Texas communities.
Donations are tax-deductible
Category
Foundations
Employees
10
Volunteers
66
Financial Snapshot
FY ending 2024-12-31
Revenue
$43.7M
Expenses
$17.0M
Assets
$331.0M
Liabilities
$8.6M
Financial history
$43.7M$21.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $43.7M · Avg: $32.6M
Foreign activity (Schedule F)
Total spent abroad$200K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
Region
Activity
Spent
Europe (including Iceland and Greenland)
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501(h) election
This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.