Mission
Permian Basin Area Foundation exists to partner with donors in creating permanent charitable funds to enrich the quality of life in West Texas communities.
Community Foundation
PERMIAN BASIN AREA FOUNDATION
PERMIAN BASIN AREA FOUNDATION is a nonprofit organization categorized as Community Foundation based in Midland, TX. Its most recent IRS filing (2025) reports revenue of $60.5M, expenses of $20.5M, total assets of $391.1M. Imperigo tracks 20 reported grant relationships connected to this organization totaling approximately $16.2M.
EIN: 752295008
Midland, TX
Community Foundations
NTEE: T31
Latest filing: 2025
Total Revenue$60.5M
Total Expenses$20.5M
Total Assets$391.1M
Grant Records20
Funding Total$16.2M
Filing Years2021–2025
Where $100 goes at Permian Basin Area Foundation
How Permian Basin Area Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$82
Programs
the work itself
$17
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $82 for programs
$82
Community capacity building programs
<$1
Community education includes general outreach to advance the mission of the Foundation and philanthropy in West Texas
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$13,757
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000
To support the programs of Permian Basin Area Foundation.
$7,322
EWTC SCHOLARSHIP FUND
$250,000
FOR RECIPIENT'S EXEMPT PURPOSE
$117,035
Showing up to 5 of 20 total records — full history available with membership.
Officers & Directors
Director
Andrew Semer
Director
Bethany Etheredge
Director
Blane Heflin
Secretary - Treasurer
Bryan Heflin
Finance and Accounting Administrator
Cari Whitaker
Chief Financial Officer
Cyndi Vara
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $60.5M | $20.5M | $391.1M |
| 2024 | $43.7M | $17.0M | $331.0M |
| 2023 | $37.3M | $19.9M | $294.7M |
| 2022 | $41.1M | $22.8M | $251.1M |
| 2021 | $33.1M | $14.1M | $279.7M |
Between 2021 and 2025, reported annual revenue grew from $33.1M to $60.5M (+83%), with total assets most recently reported at $391.1M.
Interactive year-over-year charts and full filing details available with membership.