Nonpartisan civic infrastructure
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Permian Basin AREA Foundation

Public charity
Foundations · MIDLAND, TX · EIN 75-2295008

Money Out (latest fiscal year)

990 · FY ending 2024-12-31
Very large (approx.)
Total spending
$17.0M
→
Grants paid
$13.5M
Lobbying
$8K
Program services
$13.8M

Top contractors (990 Part VII §B)

ContractorServiceStateCompensation
RBC Wealth ManagementInvestment Consultant and Management Services—$792K
Wells Fargo Wealth ManagementInvestment Consultant and Management—$224K
UBS Financial Services IncInvestment Consultant and Management Services—$222K
Mason Investment Advisory ServicesInvestment Consultant and Management Services—$138K

Lobbying — 501(h) Election (Sch C Part II-A)

Total lobbying expenditures$8K
Direct lobbying$8K
Grassroots lobbying$0
501(h) lobbying ceiling$5.7M
Lobbying nontaxable amount$931K
Grassroots ceiling$1.4M
Total exempt-purpose expenditures$15.6M

Grants Made (Top 50 by amount)

10,000 grants · $2.4B total
RecipientStateIRC sectionCash grantPurpose
Quality of Place Conservancy
EIN 872579004
TX501c3$8.1MCommunity Development
Education Foundation of Odessa
EIN 752862209
TX501c3$2.9Meducational
Trinity School of Midland
EIN 750995808
TX501c3$2.3MGeneral operating and program support including the Light the Way Campaign and the Annual Fund and student support
Stanton ISD
EIN 756002506
TXGovt$1.3MEducational
Historic Cane Hill Inc
EIN 710653475
AR501c3$1.2MArts and Culture