OVERVIEW: This foundation supports an enormous range of community and cultural initiatives in several West Texas counties.
FUNDING AREAS: Education, arts and culture, health and human services, the elderly, community development, affordable housing.
IP TAKE: There are at least 286 permanent funds at PBAF, but the competitive grant program comprises a big part of the foundation’s grants. Put in a phone call to the staff to discuss your idea before sending anything in if you’re a first-time applicant.
PROFILE: The Permian Basin Area Foundation was established in 1989 and is the region’s community foundation. Its grantmaking extends across a multi-country region in West Texas. The foundation is based in Midland, Texas, and began with a charitable investment of $400,000. This is a locally focused funder with endowments that have exceeded $124 million. In a recent year, the foundation’s grants and scholarship total exceeded $10 million.
These are the areas that the community funder contributes to:
- Human Services
- Education & Youth Programs
- Housing & Community Development
- Culture & the Arts
This funder looks for long-term returns within acceptable risk tolerances and regularly monitors and evaluates performance. It also gives priority to applicants that identify long-term potential impacts of their projects, promote volunteer participation, and uses resourceful fundraising practices like matching grants and other donor contributions.
The foundation typically reviews grant applications in the spring and fall of each year, with spring cycle pre-application submissions due April 1 and fall cycles by October 1. Applications are reviewed by the grants committee and the staff. There’s a list of standard forms on the foundation’s website that you’ll need to use for the application process.
If you are a first-time applicant, it’s a good idea to contact the foundation staff before you submit a pre-application to schedule a preliminary interview and determine if your project is a good fit. If pre-applications are submitted, organizations are usually notified within about 30 days if a full application is requested.
The foundation also has a scholarship program, with the new year’s application process is typically announced in January. More than 80 funds provide support to students from the Permian Basin region pursuing college and vocational opportunities. You can check the foundation’s events page to learn about upcoming happenings. General questions should be directed to the staff at 432-617-3213.
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