Public Charity

PANHANDLE-PLAINS HIGHER EDUCATION FOUNDATION

PANHANDLE-PLAINS HIGHER EDUCATION FOUNDATION is a Public Charity headquartered in CANYON, TX. Financial data from the 2024 filing: $8.8M revenue, $7.0M expenses, $174.8M total assets.

EIN: 237025386 CANYON, TX Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$8.8M
Total Expenses$7.0M
Total Assets$174.8M
Grant Records0
Filing Years2018–2024

Mission

THE FOUNDATION'S PRIMARY PURPOSE IS TO PROVIDE SCHOLARSHIPS TO QUALIFIED INDIVIDUALS FOR ELIGIBLE EDUCATIONAL EXPENSES CONSISTING OF TUITION AND FEES, BOOKS AND SUPPLIES, ROOM AND BOARD AND INCIDENTAL EXPENSES RELATED TO ATTENDANCE AT AN ACCREDITED EDUCATIONAL INSTITUTION IN THE STATE OF TEXAS OFFERING AN ACADEMIC DEGREE PROGRAM OF AT LEAST TWO YEARS SCHOOL ATTENDANCE.

Where $100 goes at Panhandle-Plains Higher Education Foundation

How Panhandle-Plains Higher Education Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$90
The foundation's primary purpose is to provide scholarships to qualified individuals for eligible educational expenses consisting of tuition and fees, books and supplies, room and board and incidental…
96% of program spending
$2
The foundation promotes educational opportunities and educational assistance for residents in the state of texas
2% of program spending
$2
The foundation provides services to public and non-profit institutions of higher education, including loan billing, analysis of student loan default rates and providing state mandated student loan debt…
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Jan Benton
PRESIDENT/CE Jimmy Parker
BOARD SECRET Lynda Tinsley
DIRECTOR Michael P Ryan
BOARD CHAIR Rita Craddock
VICE CHAIR Tammy Roark

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $8.8M $7.0M $174.8M
2023 $6.2M $6.2M $166.1M
2022 $5.0M $5.1M $153.4M
2019 $37.8M $36.2M $532.6M
2018 $43.2M $40.7M $861.9M

Between 2018 and 2024, reported annual revenue declined from $43.2M to $8.8M (-80%), with total assets most recently reported at $174.8M.

Interactive year-over-year charts and full filing details available with membership.

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