Nonprofit Endowments

Nonprofits provide solutions for a variety of needs throughout our community. Funding is a necessary part of those solutions. Ideally, a nonprofit should be able to administer programs without being overburdened by fundraising and the management and investment of capital.

Establishing a permanent endowment alleviates some of those issues and gives assurance of consistent and reliable income even during volatile economic conditions.

SOME OF THE BENEFITS OF AN ENDOWMENT WITH THE PERMIAN BASIN AREA FOUNDATION INCLUDE:

MANAGEMENT AND STEWARDSHIP IN COMPLIANCE WITH LAWS GOVERNING ENDOWMENTS

GUARDIANSHIP TO PRESERVE ASSETS FOR SUSTAINING ORGANIZATIONAL PURPOSES

DISCIPLINED FINANCIAL POLICIES WITH FOCUS ON LONG-TERM GROWTH

PARTICIPATION WITH A LARGE AND DIVERSE POOL OF ASSETS WITH ACCESS TO PROVEN FINANCIAL MANAGERS AT ECONOMICAL FEES

ROUTINE ACCESS TO DISTRIBUTIONS – EVEN DURING DEPRESSED MARKETS

DONOR CONFIDENCE IN A LARGER INSTITUTION

CAPACITY TO RECEIVE ALTERNATIVE, NONCASH GIFTS

PROFESSIONAL ADMINISTRATION AND REPORTING

DEDICATED COMMUNITY LEADERSHIP

OUR NONPROFIT AGENCIES

Nearly 70 nonprofit agencies across West Texas have chosen to entrust their endowment with the foundation.

Aphasia Center of West Texas

Arts Council of Midland

Big Bend Conservancy

Big Brothers/Big Sisters of Midland

Boys & Girls Club of Midland

Boys & Girls Clubs of Odessa

Buckner Children & Family Services

Buffalo Trail Council

Bynum School

Camp Fire USA West Texas Council

Catholic Charities of Odessa

Centers for Children & Families

Children’s Miracle Network

Christmas in Action

City of Midland Aquatics

Community Children’s Clinic

Ellen Noel Art Museum of the Permian Basin

Evergreen Cemetery Association

Friends of the Crockett County Library

Fort Davis Education Foundation

George W. Bush Childhood Home

Girl Scouts of the Desert Southwest

Globe of the Great Southwest

Habitat for Humanity

Harmony Home Children’s Advocacy Center

Heritage of Odessa Founders

Hillcrest School Bobby D. Cox Scholarship

Hi-Sky Emmaus Community

Iraan General Hospital District

Junior League of Midland

Junior League of Odessa

Margaret Farrell Fund for Bynum School

Martin County Convent

Martin County Historical Museum

Martin County Senior Citizens Foundation

Mary Wynn Hinkle/Casa de Amigos

Medical Center Health System Foundation

Midland County Public Library Foundation

Midland Gem & Mineral Society

Midland Montessori School

Midland Municipal Employee Scholarship

Midland Rape Crisis Center

Midland/Odessa District of the National Kidney Foundation of West Texas

Midland/Odessa Symphony & Chorale

Mission Center Adult Day Service

Odessa Christian School

Parker House Ranching Museum

Permian Basin Adult Literacy Center

Permian Basin Fair & Exposition Scholarship

Permian Basin Rehabilitation Center

Permian Historical Society

Permian Playhouse of Odessa

Rape Crisis Victim Services of Big Spring

Recording Library of West Texas

St. John’s Episcopal Church

Safe Place of the Permian Basin

Samaritan’s Counseling of West Texas

Sibley Nature Center

Special Olympics

Spectrum of Solutions (formerly known as MARC)

Springboard Center

Teen Challenge of the Permian Basin

The Life Center

The Salvation Army

United Way of Midland

United Way of Odessa

United Way of Big Spring and Howard County

West Texas Food Bank

West Texas Historical Association

White-Pool House Friends

Young Life