Reporting the activities of Permian Basin Area Foundation |2009
Foundation
Annual Report
What’s Inside
Life-Changing
• Who We Are
The Power of Community Giving
and What We Do
Life-Changing – The Power of Community Giving. These
• Partnering with seven words are the essence of Permian Basin Area Foundation,
the Foundation who we are and what we do.
• Donor Profiles: Two decades ago, leaders envisioned a public foundation
that would sustain the valuable spirit of philanthropy in our
Charitable Funds
local communities for generations to come. With a charitable
• Friends of the investment of $400,000, Permian Basin Area Foundation was
Foundation established. Its mission:
• Legacy Society To facilitate the creation of permanent charitable funds
in partnership with many donors, and provide grants to
• Grantmaking
address changing community needs and enrich the quality
• Financial Information of life in the Permian Basin.
• Words of Gratitude In the pages that follow, you will experience the power of
community giving through the eyes of generous donors, dedicated
• Leadership
volunteers, vital nonprofits, and grateful recipients.
Permian Basin Area Foundation invites you to become a vision
and voice for philanthropy in West Texas as together we Build a
Legacy of Community Giving.
Building a Legacy of Community Giving
Who We Are and What We Do...
2009 A Community Foundation
Permian Basin Area Foundation is one of approximately 700
By the Numbers
community foundations in the United States. Promoting a philosophy
of “giving where you live,” the Foundation seeks to meet charitable
needs in West Texas.
$3.3 million
amount of grants, scholarships, Made Up of Donors
and distributions awarded Donors represent every walk of life and are as diverse as the causes
they support. What they have in common is a sense of generosity
and gratitude for life’s richest blessings. For some, they want to give
to an established fund at the Foundation. For others, they want to
151 create and name a new fund or remain anonymous. All have an
number of scholarship recipients appreciation for the value of permanent philanthropy.
Supporting Nonprofit Organizations
The Foundation, like many other organizations in the Permian
$3.4 million Basin, is a 501(c)(3) – a nonprofit. However, Permian Basin Area
total amount of contributions
Foundation is distinctly different. The Foundation creates permanent
philanthropy as a way to fund and support other nonprofits. Through
its semi-annual competitive processes, the Foundation awards grants
to nonprofits that serve our communities. In 2000, the Foundation
220 established the Nonprofit Management Center of the Permian Basin.
number of permanent funds The Center offers a broad spectrum of training, consulting, and
information services.
To Improve the Quality of Life
$53.3 million for West Texans
total assets as of
December 31, 2009 Improving quality of life is the reason Permian Basin Area Foundation
exists. Numbers cannot quantify the compassion and generosity of
West Texans. The dividends of community philanthropy are recorded
in the smiling faces, tearful embraces, and grateful handshakes of
those whose lives are changed.
The Foundation welcomes
additional gifts to any of Foundation staff members welcome the opportunity to tell you
its permanent funds or the about the good works of area nonprofits, to share compelling stories
opportunity to discuss the of students receiving scholarships, to give voice to the thousands of
creation of a new fund lives that have been touched by the generosity of donors. We invite
to fulfill the donor’s you to partner with Permian Basin Area Foundation in building a
chosen purpose. legacy of community giving. To learn more about the Foundation,
call 432.617.3213 or visit www.pbaf.org.
2 Annual Report | 2009
Serving Our West Texas Neighbors
Health & Human Services
Community Development
The Elderly
Education
Culture & the Arts
Building a Legacy of Community Giving 3
Left to right: Guy McCrary, Steve Barron, G. William Fowler
Permian Basin Area Foundation makes philanthropy simple and rewarding.
For more than 20 years, donors have looked to the Foundation for guidance
in helping them accomplish their charitable plans. Thank you, donors, for
your ongoing confidence and support of the Foundation as together we build a
legacy of community giving.
-- Steve Barron, chairman, 2010 Board of Governors
Our donors share a sense of generosity and gratitude for life’s richest blessings.
The Foundation is honored to partner with donors in supporting a broad range
of charitable activities that assist our neighbors in the Permian Basin.
-- G. William Fowler, chairman, 2009 Board of Governors
The Foundation’s partnerships with donors form lasting legacies for our West
Texas communities. A meaningful living or planned gift is a powerful expression
of faith and commitment to future generations.
-- Guy McCrary, Foundation president & CEO
4 Annual Report | 2009
Partnering with the
Foundation
Opportunities for Building a Legacy of Community Giving
Permian Basin Area Foundation offers donors simple of need, area of study, academic performance and
and flexible solutions in creating and supporting extracurricular activities.
charitable funds that make a meaningful difference Contributions are often made by donors as Friends
in communities across West Texas. of the Foundation. These gifts support the services
Donors often choose to establish or contribute to and operations of the Foundation and ensure the
a Family or Corporate Fund. These permanent continuation of vital projects and programs.
funds support education, health and social services, Finally, donors give thoughtful consideration to
culture and the arts, community development, and making a gift that will give forever by including
civic affairs. Types of funds include: the Foundation in their planned giving. Permian
Undesignated: Provides the Foundation with the Basin Legacy Society recognizes donors who
greatest flexibility in meeting changing needs in the have invested in the long-term vitality of the Permian
Permian Basin region. Recipients of these funds are Basin region with a planned gift.
determined by the Foundation’s Grants Committee Gifts to the Foundation’s existing funds or to creating
and the Board of Governors. new funds are tax-deductible to the fullest extent of
Field of Interest: Supports areas of interest to the the law. It is the Foundation’s intention to make
donor such as the arts, education, recreation, health, charitable giving easy and enjoyable. Permian Basin
children, and the elderly or a particular community. Area Foundation is pleased to work with professional
Recipients are determined by the Foundation’s advisors to facilitate the donor’s charitable goals.
Grants Committee or an advisory committee in The most common types of gifts to Permian Basin
accordance with donor wishes. Area Foundation are:
Donor Advised: Provides donors with the enjoyment • cash,
and privilege of recommending grants from the fund • securities, such as stocks and bonds,
they established, subject to certain legal restrictions. • distributions from retirement accounts,
Designated: Established to benefit specific • oil and gas mineral interests,
nonprofit organizations either by donors or by the • life insurance proceeds.
organizations themselves. Such assets can be conveyed during the lifetime of
Scholarship: Provides students with opportunities the donor or by a planned gift beyond the donor’s
to further their education or training. Donors may lifetime. A gift to the Foundation continues your
identify criteria for awards including considerations legacy of charitable giving for years to come.
Building a Legacy of Community Giving 5
Deane Stoltz: his
Undesignated
Funds As the Foundation concludes two decades of service to West
Texas communities, the Board of Governors and staff honor the
Undesignated Funds provide the Foundation’s first Board chairman, Deane Stoltz.
Foundation with the greatest flexibility
in meeting changing needs in the
Permian Basin region. Recipients of
these funds are determined by the
Foundation’s Grants Committee and
D eane Stoltz is a name that is synonymous with philanthropy
in the Permian Basin. Commencing in 1955 when he and his
wife, Janet, moved to Midland until his death in 2006, Deane gave
the Board of Governors.
generously of his time and resources to the community he loved.
Permian Basin General Endowment
An active and gifted community leader on many fronts, Deane
Richard S. Anderson Memorial Fund championed the importance of “giving back.” From the arts to
Edna May Corey Memorial Fund local government to countless
H.W. and Elizabeth Davidson charitable causes, Deane’s impact
Memorial Fund was profound. He was a charter
Margaret Farrell Memorial Fund member of Midland Community
Theatre Board of Trustees,
Joseph Wm. Foran Fund
president of the Board of Midland
Harriet D. Herd Memorial Fund Independent School District, a
Conrad N. Hilton Fund stalwart supporter of United Way
Frank and Mary Elizabeth Simpson of Midland, and the first chairman of the Board of Governors of
Ittner Memorial Fund Permian Basin Area Foundation.
Lacy Permanent Fund Deane together with Janet believed in the importance of building
Tom and Evelyn Linebery Memorial
permanent endowment for lasting philanthropy. Nearly 20 years
Endowment ago, they established the first of two funds with the Foundation. One,
the Deane H. and Janet Stoltz Fund, is an undesignated charitable
M. Elizabeth Locker Memorial Fund
fund providing grants to nonprofits serving a variety of needs. The
Rachel Lyman Memorial Fund other, the Stoltz Royalty Fund, is a designated fund benefiting two
McLaughlin Families Fund nonprofit organizations very dear to them.
Joe and Beverly Pevehouse Fund
He taught many of us about giving
Pickett Family Charitable Fund
Jack D. and Margery S. Riggs Fund back to our community.
Clarence and Dorothy In creating an undesignated fund, Janet and Deane provided the
Scharbauer Fund
Board with flexibility in meeting changing needs throughout West
Rhatie Singh Educational Texas. Semi-annually, the Foundation makes grant awards through a
Memorial Fund
competitive application and review process. Undesignated funds,
Nancy Hughston Sloan including the Stoltz fund, provide resources for these grant awards.
Memorial Fund
At the request of Deane and Janet, their designated fund benefits
Starr Fund
First Presbyterian Church, Midland, and United Way of Midland.
Deane H. and Janet Stoltz Fund Steve Schorr, senior pastor at First Presbyterian Church, captures
Allen K. and Melba Y. Trobaugh the essence of Deane and the impact of his family’s legacy in the
Memorial Fund following: “Deane was a husband, father, grandfather as well as a
Lee Wood Family Fund
6 Annual Report | 2009
legacy of ‘giving back’ continues
successful businessman, leader, and philanthropist. He was fun- (above, left) United Way of Midland
loving, generous, loyal, optimistic and unselfish. Best known for the is one of two beneficiaries of a Stoltz
designated fund at the Foundation.
many ‘big’ things he did in leadership and business, I was always
(center and right) Greater Ideal Family
most impressed that he was intentional about what most consider Life Center and Midland Habitat
to be ‘little’ things,” Schorr writes. “Deane was known for stopping for Humanity are among dozens of
in the middle of the street just to pick up trash. He made time for area nonprofits benefiting from the
Foundation’s undesignated funds.
people, influencing countless numbers of young people looking for
jobs while faithfully checking in on older people.
“Deane’s generosity continues at First Presbyterian Church through
In Their Own Words
expressions of appreciation
the Stoltz Royalty Fund. The money goes to our ‘General Fund’ to
from grantees
support children’s ministry, Upwards Basketball, youth trips, the
Deacon’s Fund, staff salaries, and keeping the lights turned on. • It is because of donors like you
In short, it supports big and little things that allow us to continue that we continue to provide
our ministry. For Deane, Janet and their family, we remain deeply service with compassion and
grateful.” bring hope to the less fortunate.
• The arts are important to
Cindy Benson, United Way of Midland executive director, expresses
people’s lives in our community.
similar sentiments when reflecting on Deane’s generosity and desire
With your donation, we
to create permanent philanthropy.
can continue to present art
“Deane Stoltz’s service as a member and officer of the Board of experiences throughout your
Directors for United Way of Midland and chair of the Alexis de community.
Tocqueville Society over a period of 30 years profoundly impacted • The funding that you provided
this community. He taught many of us about giving back to our will allow us to have an impact
community in word and deed. on the lives of our single moms
“We are grateful and honored to be a beneficiary of the Stoltz and their children.
Royalty Fund. Funds from this distribution help cover the United • Your donation will help in
Way of Midland’s operating costs so more annual campaign dollars our work to keep seniors
are invested in programs that impact lives in three focus areas: independent in their own
education, self-sufficiency, and health.”
homes for as long as possible.
To learn more about how you can establish a designated or Thank you again for your gift
undesignated fund at the Foundation, contact Guy McCrary at and for revealing such a kind
432.617.3213. and compassionate heart.
Building a Legacy of Community Giving 7
The Eoffs: a family
Donor Advised
Donor Advised Funds provide donors
with the enjoyment and privilege of
O dessa Pumps, along with a handful of other businesses, dot
a stretch of West County Road between Highway 191 and
University. What started out as a family enterprise in 1980 has
recommending grants from the fund
they established. “gone through quite an evolution,” according to Toby Eoff, company
president and son of Odessa Pumps founder, Kenneth Eoff.
Buddy Anguish Memorial Fund
The atmosphere at the Odessa
Barnes Family Charitable
office, one of 10 company locations
Endowment
in Texas and New Mexico, is
Brian Bell Family Fund decidedly West Texas. Employees
Larry and Ellen Parks Bell greet customers with a friendly
Family Fund smile, solid handshake, and the
Matthew Bell Family Fund
offer of assistance. Displayed
prominently on the wall are the
William B. and Marian West company’s Vision, Values, Mission
Blakemore Memorial Fund Statement, and Strategy Statement. Among the statements: “We
Coats Family Charitable Fund will put our effort into all we do and do so honestly and with
Peggy and Bob Cowan Fund integrity,” and, “Above all else, we will recognize ‘words are just
words without action.’”
Chris Davidson Memorial Fund
For people who know Toby and Sondra Eoff, these statements not
Harriett Parks Faudree Dublin only describe their business dealings, they describe their lives. Both
Charitable Fund confess to being born elsewhere, but proudly claim to be Odessans
Bob Duke Memorial Fund from a very young age. Having known each other since junior high,
Clare Tompson Ellis Memorial Fund Sondra and Toby married while in college and are parents of two
sons, Jerrod, a senior at University of North Texas, and Reece, a
Sondra and Toby Eoff senior at Permian High School.
Charitable Fund
The Eoffs are active in two dozen area nonprofit organizations and
Steve and Debbie Gray have received numerous awards in recognition of their support.
Advised Fund When asked about their “giving back,” Toby and Sondra quickly
Harral Family Fund turn the spotlight on others. “There is a great heart of giving in
Charles F. Henderson Odessa and across the Permian Basin,” said Toby. “We are just one
Memorial Fund of many,” added Sondra.
Horton Family Fund
Sondra set the example for our family,
Leon Jeffcoat Fund
Bill Kennedy Memorial Fund I just followed in her footsteps.
Landreth Family Fund
Lynch, Chappell and Alsup
In 2009, the Eoffs established the Sondra and Toby Eoff Family
Charitable Fund
Fund at the Foundation. “Until we knew about Permian Basin Area
Martin Family Charitable Fund Foundation, Sondra and I thought we would set up our own family
Neighbors Against Burglary and foundation,” Toby explained. “When Sondra began serving on the
Drugs Permanent Fund Board of Governors, we soon changed our minds. Why would we
want to do that ourselves when the Foundation makes it so easy?”
Mark Nicholas Fund
“Permian Basin Area Foundation does so much for Odessa and other
Mrs. Donald O’Shaughnessy Fund
West Texas communities,” Sondra said. “It’s through the creation of
Pharr Family Charitable Fund funds that the Foundation is able to expand its grantmaking.”
(continued on page 22)
8 Annual Report | 2009
and business legacy of giving
Among Odessa organizations receiving Foundation competitive (above, left to right) ) Disciples Housing
grants during the last 18 months are Boys & Girls Club of Odessa, Village of Odessa, Boys and Girls Club of
Clover House, Communities In School, Crisis Center, Disciples Odessa, and West Texas Food Bank are
three of 17 Odessa organizations serving
Housing Village of Odessa, ECISD - Cassatt in the Basin, Ellen Noël
Ector County that received competitive
Art Museum, Globe Theatre. grant awards since spring 2009. Several
Additional recipients in this list are Harmony Home, Medical Center donor-advised funds including the
Hospital, Midland-Odessa Symphony & Chorale, Odessa Christmas Sondra and Toby Eoff Charitable Fund
also provide grants to Odessa agencies.
in Action, Odessa LINKS, Permian Historical Society, Safe Place,
Wake Up & Dream, and West Texas Food Bank.
“Toby and I really encourage others to learn more about the
Foundation and the many opportunities available for starting a fund,” In Their Own Words
said Sondra. “The nice thing is that families can create a fund with expressions of gratitude from
a modest investment, add to it over time, and see the tremendous grantees
difference it makes in the lives of others.” • Each year Odessa College
“The Foundation is phenomenal,” Toby explained. “It exists to do Foundation continues to
great things for Odessa and all of West Texas.” advance its mission of helping
Giving back is encouraged by the Eoffs in their business and at home. students succeed. For the past
Reece recently returned from a mission trip to Africa, and his brother, ten years we have seen lives
change through the Dollars-
Jerrod, is active with Heart for Homes, a home improvement program
for-Scholars program. With
for the elderly, at UNT. Both completed the Junior Leadership Odessa
you as our partner and through
program and volunteered as part of Texas Scholars. the help of donations, we can
“Sondra set the example for our family,” said Toby. “I just followed continue to grow this program
in her footsteps.” and keep making a difference
in students’ lives.
When asked to name areas of particular interest, Sondra listed
disadvantaged families, the American Cancer Society, and education. • Your support makes it possible
Foundation grants from the Eoffs’ charitable fund have supported for the Ellen Noël Art Museum
Odessa College Foundation, Odessa YMCA, and American Cancer to reach out to 6,000 residents
Society. of the Permian Basin with
visual impairments through
“As a company, as individuals, and as a family, we try to support the our exhibitions and education
great work of area nonprofits,” Sondra said. programs. Again, thank you for
Above all else, we will recognize words are just words without your continued support of the
action: a fitting description of Sondra and Toby, their family, and Museum’s mission to “connect
their business. people to art.”
Building a Legacy of Community Giving 9
Designated Bynum School: a
Funds
Designated Funds are established to
benefit specific nonprofit organizations
B ynum School marked its 25th anniversary with a visit from former First
Lady Laura Bush in November 2009. Since then, school leadership
has turned its focus to achieving ambitious goals that will ensure the
either by donors or by the organizations
themselves. school’s future success. Never ones to rest on their laurels, Bynum School
Abell-Hanger/PBAF staff and Board members are set to kick-off a capital campaign to fund
Administrative Fund the construction of state-of-the-art facilities and the implementation of
Aphasia Center of West Texas/ expanded educational opportunities.
C.C. Matthews Memorial Bynum has as its mission, To provide personalized educational,
Endowment Fund
behavioral and vocational programs for students with special
Arts Assembly of Midland
needs. Currently located at West County Road 60 and Highway
Endowment Fund
158 in Midland, the school relies
Big Brothers/Big Sisters of Midland
Endowment Fund on income from student tuition,
charitable trusts and foundation
Buckner Children and Family
Services Inc. West Texas grants together with fundraising
Endowment Fund events and donations from
Buffalo Trail Council individuals and corporations.
Endowment Fund
At this time, the school has a
Bynum School Endowment Fund waiting list for several of its classes.
Camp Fire USA West Texas Council When completed, the new facility
Endowment Fund
will have the capacity to more than double the school’s current
William Aaron Campbell Memorial enrollment. Plans call for the school’s construction on 15 acres of
Fund for Young Life of Midland
land adjacent to its present location, land donated by Fasken Oil
Centers for Children and Families
and Ranch LTD.
Endowment Fund
Christmas in Action With an initial gift from the Davidson Foundation, in 1996 the school’s
Endowment Fund Board of Directors established the Bynum School Endowment Fund
City of Midland Aquatics Funds at Permian Basin Area Foundation. Since that time, three other
Endowment Fund permanent funds have been created at the Foundation to benefit
Seay Fund Bynum School. In 1999, Betsy Puckett, a recipient of services
Stall Fund
from Bynum School Vocational Program, expressed her gratitude
Clinic for the Community Children’s
for the school’s influence in her life by creating the Betsy Puckett
Ministry Endowment Fund
Fund for Bynum School. Seven years later, the school established
Education Foundation of
Odessa Fund another endowment fund honoring long-time community educator
Margaret Farrell, who left a generous estate gift to Bynum School.
Ellen Noël Art Museum of the
Permian Basin Permanent Fund The following year, an endowment fund was established to provide
Episcopal Schools Fund tuition assistance by friends and fellow motorcycle enthusiasts of
the late Raymond “Tub” Muncrief.
Royce Everett Memorial Fund for
Special Olympics “There will always be a great need for the services this school
Margaret Farrell Fund for provides,” said Molly Wallace, executive director of Bynum School.
Bynum School “Our endowment funds help ensure that the needs of our students
Ft. Davis Higher Education are met from year to year, even when times are tough.”
Foundation Fund
Since 1993, the Foundation has made bi-annual grant awards
Friends of the Crockett County
Library Endowment Fund to Bynum School through its competitive grant process. Grant
(continued on page 22)
10 Annual Report | 2009
legacy of excellence in education
funding has supported vocational training opportunities, capital (opposite page) Former First Lady Laura
improvements, and tuition assistance. The school also has benefited Bush joins Bynum staff Tracy Bush, Keri
St. John, and Molly Wallace.
from grants from the Foundation’s component funds and agency
distributions. (above) Students, ages 3 through young
adult, attend Bynum School.
”We are so grateful to the Foundation and our many other donors
who choose to contribute to Bynum School,” commented Wallace.
“There is no small gift at Bynum. Every contribution truly makes a
difference in the lives of our students.”
In explaining the positive impact of the school’s relationship with the
Foundation, Wallace mentioned the valuable assistance provided by In Their Own Words
the Nonprofit Management Center of the Permian Basin, a program an expression of appreciation
of the Foundation. from Bynum School
“The Nonprofit Management Center offers an invaluable service to • As you know, we celebrated
executive directors and board members,” Wallace said, “by designing our 25th Anniversary in January
and delivering the most comprehensive and up-to-date training. The and we could not have reached
Center’s staff cares about each of our organizations, and they care this milestone without the
about the people we serve.” support of PBAF throughout the
Throughout the year, the Foundation staff conducts Agency Briefings. years.
These small-group sessions highlight a broad spectrum of support
The Foundation has enabled us
services provided to nonprofit organizations including suggestions
to help families who need our
for growing their endowments. In 2009, school representatives
attended one of the Foundation’s six briefings. services and cannot shoulder
the entire financial burden.
“As we move forward with these exciting plans, the Board and staff
are grateful for the services of the Foundation and the Nonprofit We are so grateful to the
Management Center,” said Wallace. “Their partnership with Permian Basin Area Foundation
nonprofit organizations like Bynum benefits the entire community.” for your continued support
Permian Basin Area Foundation joins the Permian Basin community of Bynum School and your
in congratulating Bynum School on 26 years of excellence in belief in our program. Once
education. To learn more about establishing an endowment to again, we thank you for this
benefit an area nonprofit organization, visit the Foundation’s website investment in our school and in
at www.pbaf.org. our students.
Building a Legacy of Community Giving 11
Field of Bud Lindsey:
Interest Funds
S
mall West Texas communities thrive because of the generosity,
Field of Interest Funds support areas kindness, and dedication of caring townspeople. A couple
of interest to the donor such as the hours spent strolling the sidewalks of downtown, eating
arts, education, recreation, health, lunch at the drug store, perusing the front page of the hometown
children, and the elderly or a particular
community. Recipients are determined
newspaper, or visiting with “locals” reveal the names of dozens of
by Foundation’s Grants Committee or grassroots philanthropists.
an advisory committee in accordance From Ft. Davis to Stanton, Ozona to Monahans, residents are
with donor wishes. building a legacy of community giving. Projects like the public
library, a senior citizens center, the food bank, and renovation of
Andrews Community historic sites require an investment of time, talent, and resources on
Endowment the part of civic leaders and volunteers. Take a visit to Stanton, and
meet one-such community volunteer, Bud Lindsey.
Andy Booker Memorial Fund
Bud, who grew up in Brady, Texas, lived the majority of his adult life
Connell Family Fund in Midland, where he worked for
KCRS and an electronics wholesale
Shelley Eudaly Crawford firm before joining Region 18
Memorial Fund Education Service Center in 1969.
After retiring nearly 20 years ago,
Jaycees Centennial Fund Bud and his wife, Babe, moved to
Stanton. With boundless energy
C. Craig Johnson Memorial Fund
and a passion for giving, Bud spent
Martin County Community Fund little time looking for something to
do.
Midland Community Parks and An avid writer and reader, Bud took an immediate interest in the
Recreation Endowment town’s public library. He together with Carolyn Stone and many
others transformed the library’s facilities and services. Instrumental
Midland Housing Trust Fund in the fundraising for and completion of the new Stanton library,
Bud has served on the Martin County Library Board of Trustees since
Dollie Ruth Neal Charitable
2002. Through Bud’s efforts, The Martin County Library Lecture
Endowment Series was established. Each year, the series sponsors numerous
speakers, which included a visit in 2008 by the late popular author
Dollie Ruth Neal Education Fund
Elmer Kelton.
Ward County Community
Endowment With boundless energy and a passion
for giving, Bud spent little time
looking for something to do.
Since 1993, Stanton residents have established a family of 12 Martin
County community funds at Permian Basin Area Foundation. The
funds, now totaling more than $1.2 million, support numerous
civic projects and award scholarships to dozens of Martin County
graduates. Bud is an active member of both the Martin County
12 Annual Report | 2009
a legacy of volunteering
Community Fund Advisory Committee and the Martin County (opposite page, left to right) Jimmy
Stallings, Babe and Bud Lindsey attend
Scholarship Selection Committee. Chamber of Commerce awards event.
Bud’s gift for giving back to the community is one shared by his (above, left to right) Foundation grants
devoted wife, Babe. The completion of the new Martin County Senior and scholarship awards benefit the
Citizens Center was a dream-come-true for the Lindseys. Besides Stanton Public Library and the Martin
making the largest individual cash donation to the center, Bud and County EMS as well as dozens of
Babe have volunteered untold hours to support the project, which graduating seniors.
opened in 2009.
“Anything that needs to be done, Bud gets involved,” said Sally
Poteet, director of the Senior Citizens Center. “He is there, from
daylight to dark. In the case of the Senior Citizen Center, it wouldn’t
have happened without Bud’s and Babe’s initial gift. They are a part In Their Own Words
of so many aspects of our community.” an expression of gratitude
from a grantee and
After longtime Stanton resident and former County Judge Bob scholarship recipient
Deavenport died in March 2004, Bud assumed responsibility for the
Memorial Day program at Evergreen Cemetery. Annually, Bud and • We would like to take this
a host of volunteers organize a patriotic tribute and place U.S. flags opportunity to thank the
to commemorate veterans’ military service. Foundation for your generous
donation. This money will
In March, the Stanton community expressed its gratitude by naming be used to purchase much-
Bud Chamber of Commerce Man of the Year. Bud and Babe have needed monitors to be used
made a measurable impact on the quality of life for Stanton residents. for our patients. Again, our
The Foundation Board and staff recognize with appreciation their volunteer organization and the
support of numerous philanthropic endeavors including Permian community thank you.
Basin Area Foundation.
• I wish to express my gratitude
“We are honored to partner with rural communities like those in to each of you for awarding me
Martin County and Ward County to establish funds that will ensure a scholarship during my four
the quality of life in West Texas for generations to come,” said Guy years of undergraduate study.
McCrary, Foundation president and CEO. The scholarship helped me to
Thanks to the generosity of the Lindseys and hundreds of other obtain my bachelor’s degree.
residents in small rural towns in West Texas, communities are Thank you for enabling me to
benefiting from grassroots philanthropy. reach for my dreams.
Building a Legacy of Community Giving 13
Scholarship
Madhu
Funds her legacy remem
Scholarship Funds provide students
with opportunities to further their
education or training. Donors may
G enerations of talented young
people will realize their
dreams of a college education
identify criteria for awards including
considerations of need, area of thanks to the charitable spirit of
study, academic performance and Drs. Premkumar and Premalatha
extracurricular activities. Vindhya of Odessa and Dr.
Association of Energy Service Darren Kumar of Fort Worth.
Companies Scholarship Fund
In 2009, the Foundation
Tyler Berry Memorial Soccer
established the Madhuri
Scholarship Fund
Vindhya Kumar Memorial
Candy Sue Bowers Memorial
Nursing Scholarship Fund and
Scholarship Fund
the Madhuri Vindhya Kumar
Geraldine Longbotham Bowers Memorial Scholarship Fund.
Memorial Scholarship Fund
These funds, which were created
Linda Ann Bowers Scholarship Fund by her parents and husband,
Bulldog Excel Scholarship Fund honor Madhuri’s life and passion
Judge Lucius Bunton Memorial Law for learning.
Scholarship Fund
Madhuri was born September 24, 1971, in Hyderabad, India. A
Della and Tom Campbell Family graduate of Permian High School, Baylor University, and St. Mary’s
Scholarship Fund
Law School in San Antonio, she was a Senior Immigration Specialist
Cap Rock Electric Corporation at the University of Texas Southwestern Medical Center in Dallas.
Scholarship Fund
Madhuri passed away on June 13, 2008.
Patricia Cobb Memorial
Scholarship Fund Acknowledging the impact of her education at Ector County
Independent School District, Madhuri’s two scholarships give
Kristen Corbin Memorial
Scholarship Fund preference to students graduating from a public high school in
Ector County. Additionally, the nursing scholarship is intended for
Frank Cowden, Jr. Memorial
Scholarship Fund women admitted as first-year students to the Nursing Program of
Odessa College.
Charliene Giddeon Cox Memorial
Scholarship Fund
Katherine Rose Davis Memorial
Each scholarship reflects a unique
Scholarship Fund
story about the donors and those
Dawson Geophysical
Scholarship Fund whom they have chosen to honor.
Bob and Dorothy Deavenport
Scholarship Fund “It is an honor for Permian Basin Area Foundation to partner with
Mary Frances “Chan” Driscoll Madhuri’s family in this worthy endeavor,” said Guy McCrary,
Kappa Alpha Theta Foundation president and CEO. “Generations of young people will
Scholarship Fund have their lives forever changed because of Madhuri’s deep belief
Jim and Reba Weatherbee Fox that education empowers students to achieve their dreams.”
Scholarship Fund
(continued on page 23)
14 Annual Report | 2009
uri Vindhya Kumar:
mbered through scholarships
Each year, Permian Basin Area Foundation hosts a scholarship dinner (above) The Foundation awarded more
to recognize donors for their continued support of education and to than $202,000 in scholarships to 127
area students in 2009. John James,
congratulate students earning scholarships. More than 200 students Midland City councilman, spoke to
and their families, donors, and community leaders attend this July approximately 200 students, parents,
event. Annual scholarship awards now exceed $200,000. community leaders, and donors at the
13th Annual Scholarship Dinner.
John James, Midland City Councilman, was the featured speaker at
the 2009 Scholarship Dinner. He challenged those in attendance In Their Own Words
to ponder the question, “What gifts will you give?” In his remarks, an expression of gratitude
James congratulated students and encouraged them to pass along from scholarship recipients
the charitable spirit of the Foundation and its donors. • I am so excited about my
“I’ve learned that those who give to you, indeed have great hopes that last semester coming up and
you too will give,” James said, “that you will indeed care enough to graduation in December.
do something -- to do the unimaginable, the inspirational, the simple Without your generous help,
good. It is my hope that you will fulfill the dreams of everyone here finishing school would be much
tonight, that you too will share your gifts with others.” more difficult for my family and
me. Thank you from the bottom
From University of Tennessee and Georgetown, to Texas A&M and
of my heart for giving back. I
University of Texas, from Midland College and University of Texas of pray the Lord’s richest blessings
the Permian Basin, to Vanderbilt and Texas Tech University, students on you in the coming years.
benefit from the generosity of donors to the Foundation’s more than
60 scholarship funds. Each scholarship reflects a unique story about • Thank you again for the generous
scholarship you awarded me
the donors and those whom they have chosen to honor.
last year. My first semester at
Georgetown University has
been a rewarding experience.
Scholarship information for the 2010-2011 accademic I have enjoyed the pleasures
year including an application form and scholarship of living in our nation’s capital.
criteria, will be available beginning January 2011. To learn Once a month I try to jog to the
more about establishing a scholarship fund or making National Mall not only because
application for one of the Foundation’s scholarships, visit it is a scenic route but because
the Foundation’s website, www.pbaf.org. the monuments and memorials
are a powerful reminder of our
nation’s democracy.
Building a Legacy of Community Giving 15
Friends of the Found
F riends of the Foundation are donors who have made a special contribution to support the services and
operations of the Foundation through their charitable gifts. We are grateful for their support in ensuring
the continued good works of Permian Basin Area Foundation.
Aghorn Energy, Inc. Grafa Family Foundation Mr. and Mrs. Robert Rice
Mr. and Mrs. James M. Alsup Mr. Larry Haggard Mr. Rodney Robinson
American State Bank Mr. and Mrs. J. Evetts Haley, Jr. Mr. Louis Rochester
Mr. and Mrs. Rich Anderson Ms. Marie Hall Rocky Ford Moving & Storage
Mr. and Mrs. Giles J. Andrews, Jr. Mr. and Mrs. Jack Harper Mr. and Mrs. Scott Ryburn
Mrs. Nancy R. Anguish Mr. and Mrs. Allen Harvey Mr. and Mrs. Clarence
Baker’s Catering Ms. Judith A. Hayes Scharbauer III
Mr. and Mrs. Steve Barron Mr. and Mrs. Tevis Herd Mr. and Mrs. Jess Sellars
Dr. Gregory W. Bartha Ms. Joanie Holt Mr. Eric Siegmund
Basin PBS House of Printing Dr. and Mrs. Tulsi Dyal Singh
Mrs. Joan Baskin Mr. Hiram Hubert Mr. Jimmy Stallings
Mrs. Jeanne Beach Mr. and Mrs. James R. Hurt Standard Sales Company
Mr. and Mrs. John D. Bergman InWest Retirement Solutions Ms. Carolyn Stone
Mr. and Mrs. Grant Billingsley Jenkins Jewelry & Luggage Mr. and Mrs. Bill Stovall
Ms. Suzy Boldrick Johnson & Sheldon, P.C. Mark Swindler, Photographer
Mr. and Mrs. A. J. Brune III Mrs. Grace King Ms. Georgia K. Trobaugh
Mr. and Mrs. Billy Bryant Mark Knox Flowers Warren Equipment Co
Community National Bank Mr. and Mrs. LaDoyce Lambert Western National Bank
Concho Resources Loraine at Texas Office Tower, LTD Mr. Don Wood
Congressman and Mrs. K. Michael Mr. and Mrs. Guy McCrary
Conaway Jane McCrary, Realtor
Cotton, Bledsoe, Tighe Mr. and Mrs. Richard T. McMillan
& Dawson, PC
Mims & Smith Insurance
Mrs. June Cowden
Mr. and Mrs. Jon Morgan
CVA Advertising & Marketing, LTD
Mr. and Mrs. Paul D. Morrow
Mr. and Mrs. Steve Davidson
Odessa College
Mr. and Mrs. Lynn D. Durham, Jr.
Odessan Magazine
Ms. Cathy Eastham
Odessa Pumps & Equipment, LTD
Mr. and Mrs. Larry Edgerton
Ms. Martha Parks
Mr. and Mrs. Bill Elms
Dr. and Mrs. Jess Parrish
Mr. Tracy K. Elms
Mr. and Mrs. Kyle Peeler
Etheridge & Associates
Mrs. Beverly Pevehouse
Mr. and Mrs. Enrique Farias, Jr.
Mrs. Kenda Prather
Flowerland
RBC Wealth Management
Mr. and Mrs. G. William Fowler
Rainbow Press
16 Annual Report | 2009
ation; Legacy Society
(above, left to right) Camp Fire USA – West Texas Council, Midland Teen Court, and Odessa Family YMCA were among 53
organizations receiving 2009 competitive grants.
Permian Basin Legacy Society
A planned gift to the Foundation creates an enduring legacy that will serve a donor’s chosen charitable
cause in perpetuity. The simplest form of a planned gift is a bequest of cash directed by a donor’s will to
a charitable fund of the Foundation. In addition to cash or receivable income, a donor may wish to leave
a bequest of alternative assets such as:
• appreciated stocks or bond securities,
• retirement accounts,
• real estate and oil and gas interests,
• life insurance.
Permian Basin Legacy Society is comprised of supporters who have declared their intention to convey a
charitable gift of any size to the Foundation as part of their estate plan or other means of conveyance. It
also is a way the Foundation can publicly recognize their generosity to future generations of West Texans.
On occasion, some society members prefer to remain anonymous; the Foundation certainly honors such
requests. The following supporters of the Foundation are members of the Permian Basin Legacy Society as
of the printing of this report:
Ellen Bell Les Littlejohn Beverly Pevehouse
Larry Bell Bob Marshall Mark Philpy
Tracy K. Elms Janice Marshall James Roberts
Jim Fox Dorothy Davis Mashburn Judy Roberts
Reba Fox Guy McCrary Rodney M. Robinson
Bill Gardner Glenda McFarlin Doug Seator
Janelle Gardner Carvel Mills Sue Seator
Gary Johnson Estelle Munsell Carolyn Stone
Laurie Johnson Curtis Neeley Jack Swallow
Bill Harral Linda Neeley Julia Swallow
Ladye Ann Harral Mark Nicholas Betsy Triplett-Hurt
Beth Littlejohn Scot Northern Kathleen Wickman
Building a Legacy of Community Giving 17
Applying for a Grant; Gra
D onors in the Permian Basin empower the Foundation to accomplish its goal of sustaining the vitality
of West Texas communities through perpetual support.
Permian Basin Area Foundation makes grants to qualified nonprofit organizations to address changing
needs in the areas of education, arts and culture, health, social services, community development and
civic affairs. In addition, certain Midland organizations are eligible for grants from the Midland Housing
Trust Fund to address needs for safe, clean and affordable housing.
Grant awards are determined through a semi-annual competitive application and review process facilitated
by the Foundation’s Grants Committee and staff. Committee recommendations must be approved by the
Foundation’s Board of Governors. Pre-application submittals are due in the Foundation office not later
than April 1 for the spring cycle and October 1 for the fall cycle. To learn more about grant awards and
the application process, visit the Foundation’s website at www.pbaf.org.
Allegro Chorale & Orchestra, Inc. Christian Motorcycle Association Globe Theatre
Alpine Public Library Christmas For OUR Troops, Inc. Good News Ministries
American Cancer Society Christmas in Action of Midland Greater Ideal Family Life
American Quarter Horse City of Midland, Scarborough- Center
Association Foundation Linebery Home Haley Memorial Library
American Red Cross El Paso Clover House Harmony Home
Chapter Commemorative Air Force High Sky Children’s Ranch
American Red Cross of Southwest Communities In Schools Hillander School
Texas
Community & Senior Services Hillcrest School
Aphasia Center of West Texas
Community Children’s Clinic Hospice of Midland
Army Community Services, Fort
Bliss Crisis Center Howard College
Baptist Memorials Ministries District 6 4-H Impact Church
Basin PBS El Paso Child Guidance Center Jackson Center for Evangelism
Ben Richey Boys Ranch Elite Track Club Jal Public School Foundation
Ellen Noël Art Museum for Excellence in Education
Big Spring Little League Baseball
Emmanuel Baptist Church Jewish Family & Children’s
Bikes for Goodness Sake Services
Blakemore Planetarium Evergreen Cemetery Association
Junior League of Midland
Breaking Bread Kitchen Feed the Children
Kaleidoscope Ministries
Buckner Children & Family First Presbyterian Church, Midland
Make-A-Wish Foundation
Services First United Methodist Church,
Fort Worth Manor Park
Buffalo Trail Council, BSA
First United Methodist Church, Martin County Community
Bynum School Fund
Midland
COM Aquatics Martin County Convent
Fort Worth County Day Fund
Camp Fire USA- West Texas Martin County Volunteer EMS
Council Friends of the Martin County
Library Midland Affordable Housing
Campus Crusade for Christ Alliance
George W. Bush Childhood Home
Casa de Amigos Midland Bible Church
Gifts of Hope, Inc.
CASA of West Texas Midland Children’s
Girl Scouts of the Desert
Centers for Children and Families Southwest Rehabilitation Center
Childfund International Gladney Center
18 Annual Report | 2009
nts and Distributions
(above, left to right) District 6 4-H received a competitive grant in 2009. Aphasia Center of West Texas received competitive
and Donor-Advised Fund awards while Buffalo Trail Council, BSA, received Agency and Donor-Advised Fund awards.
Midland College Foundation Palette Club Teen F.L.O.W.
Midland County Livestock Palmer Drug Abuse Program Texas Health Harris Methodist
Midland Fair Havens Permian Basin Petroleum Foundation
Midland Habitat for Humanity Museum Texas National Guard Family
Permian Historical Society Support Foundation
Midland ISD Educational
Foundation Permian Honor Scholarship Texas Scottish Rite Hospital for
Foundation Children
Midland Memorial Foundation
Permian Playhouse of Odessa Texas Tech Foundation
Midland Missions Ministries
Presbyterian Children’s Home & The Life Center
Midland Need to Read
Services The Springboard Center
Midland Odessa Area AIDS
Support Presidential Museum Trinity School of Midland
Midland Odessa Symphony & Recording Library for the Blind Unitarian Universalist Church
Chorale & Dyslexic of Midland
Midland Opera Theater S.H.A.R.E. United Way of El Paso
Midland Rape Crisis Center Safe Passage United Way of Midland
Midland Teen Court Safe Place of the Permian Basin University of Texas, Austin
Monahans Main Street Salvation Army of Big Spring University of Texas of the
Association Salvation Army of El Paso Permian Basin
Multiple Sclerosis Society Salvation Army of Midland Unlock Ministries
Museum of the Southwest Samaritan Counseling Center Vanderbilt University
National Kidney Foundation, Shalom Empowerment & Wake Up and Dream
Texas Division Office Economic Development Ward County Greater Works,
Neighbors Against Burglary & Special Olympics Inc.
Drugs, Inc. St. John’s Episcopal Church Ward County Youth Activity
New Direction Ministry Center
St. John’s Episcopal School
Odessa Christian School West Texas Food Bank
St. Luke’s United Methodist
Odessa Christmas in Action Church West Texas Library System
Odessa LINKS Starlight Children’s Foundation-
Operation Homefront of Texas Texas
Building a Legacy of Community Giving 19
Financial
Summarized Statements of Financial Position Summarized Statements of Activities
ASSETS 2009 2008 REVENUES, GAINS AND OTHER SUPPORT
Cash and cash equivalents $ 1,039,021 $ 2,654,899 (NET OF AGENCY TRANSACTIONS)
Investments 47,203,572 39,116,788 2009 2008
Contributions $ 2,573,115 $ 8,595,044
Prepaid expenses 17,475 15,672
Investment income 870,885 1,251,047
Bequest and other receivables 4,430,150 5,279,770 Net realized/unrealized
Beneficial interest in gains (losses) on
remainder trust 578,817 -- investments 5,672,940 (12,122,480)
Beneficial interest in Change in value of split
interest agreement 578,817 (744,554)
perpetual trust 41,352 --
Change in value of
Fixed assets, net of bequest receivable (361,695) (60,851)
36,635
accumulated depreciation ___________ 47,834
___________ Grant rescissions 337,688 267,457
TOTAL ASSETS $ 53,347,022 $ 47,114,963 Other revenues 81,031
132,793 ___________
___________
___________ ___________
TOTAL REVENUES,
GAINS AND
OTHER SUPPORT 9,804,543 (2,733,306)
LIABILITIES AND NET ASSETS
GRANTS AND EXPENSES
LIABILITIES
(NET OF AGENCY TRANSACTIONS)
Grants and Grants and
scholarships payable $ 51,000 $ 1,732,917 scholarships 2,883,728 4,062,251
Funds held for agencies 9,897,717 8,025,066
___________ ___________ Program services 460,503 451,520
Costs of direct
TOTAL LIABILITIES 9,948,717 9,757,983
benefits to donors 7,268 -
General and
NET ASSETS
administrative 286,144 574,934
Unrestricted 33,747,155 27,591,417 Fundraising 90,533
125,575 ___________
___________
Temporarily restricted 7,609,798 7,765,563 TOTAL GRANTS
Permanently restricted 2,041,352
___________ 2,000,000
___________ AND EXPENSES 3,763,218 5,179,238
TOTAL NET ASSETS 43,398,305
___________ 37,356,980
___________
INCREASE (DECREASE)
IN NET ASSETS 6,041,325 (7,912,544)
TOTAL LIABILITIES NET ASSETS AT BEGINNING
AND NET ASSETS $ 53,347,022 $ 47,114,963
___________ ___________ OF YEAR 37,356,980 45,269,524
___________ ___________
NET ASSETS AT
END OF YEAR $43,398,305 $37,356,980
___________ ___________
The financial information on this page has been summarized by management from the audited financial statements of
Permian Basin Area Foundation.
Auditors Report: Permian Basin Area Foundation financial statements for the year ending December 31, 2009 were audited by
Johnson & Sheldon, PC of Amarillo, Texas, an independent public accounting firm. Financial statements for the year ending
December 31, 2008 were audited by Douglas C. Bunnell, Certified Public Accountant, of Midland, Texas. Copies of the audits
are available upon request at the Foundation offices.
20 Annual Report | 2009
Highlights
Total Assets ($ millions)
2009 53.3
2008 47.1
2007 58.1
2006 45.4
2005 37.4
2004 34.4
2003 25.6
2002 13.5
2001 12.7
2000 11.9
15 30 45 60
Total Grants and Distributions ($ thousands)
2009 3,005
2008 4,176
2007 5,355
2006 1,812
2005 2,201
2004 2,189
2003 4,221
2002 1,244
2001 1,034
2000 878
1,500 3,000 4,500 6,000
Data for 2007, 2008, and 2009 include the Foundation’s $5-million TRIAD grant program to support military service members
and their families related to deployment in Iraq and Afghanistan. Data for each year are net of grant rescissions and include
distributions from agency endowments.
Building a Legacy of Community Giving 21
Donor Advised Designated Funds
(continued from page 8) (continued from page 10)
Rodney M. Robinson Advised Fund Girl Scouts of the Desert Southwest Odessa Christian School
Endowment Fund Endowment Fund
A.W. and Virginia S. Rutter Fund
Globe of the Great Southwest Palmer Drug Abuse Program
Scott Seator/Midland RockHounds Permanent Fund Endowment Fund
Memorial Fund Willie and Bob Greer Memorial Fund Parker House Ranching Museum
Standard Sales Company, LP for St. John’s Episcopal School Permanent Fund
Charitable Giving Fund Harmony Home Children’s Advocacy Permian Basin Area Foundation
Center Endowment Fund Administrative Fund
Swallow Family Fund
Heritage of Odessa Founders Permian Basin Rehabilitation Center
Ned Swallow Memorial Fund Permanent Fund Endowment Fund
Bill and Kathy Wallace Family Fund Hi-Sky Emmaus Community Permian Historical Society
Endowment Fund Permanent Fund
West Family Fund
Hillcrest School - Bobby D. Cox Permian Playhouse of Odessa
Jane and R. Ken Williams Scholarship Endowment Fund Permanent Fund
Endowment Fund Mary Wynn Hinkle/ Presidential Museum
Johnny and Margaret Williams Casa de Amigos Fund Permanent Fund
Advised Fund Horton Family Scholarship Fund for Betsy Puckett Fund for Bynum School
All America Chapter of Rape Crisis Victim Services of Big
Ronnie E. and Margaret Faudree National MS Society
Williams Family Fund Spring Endowment Fund
Jal Public School Foundation Nancy Vann Rea Midland
Vicki J. Wilson Advised Fund for Education and Excellence Introspective Fund
Endowment Fund
Recording Library of West Texas
Junior League of Midland Endowment Fund
Building Endowment Fund
Joe G. and Julia R. Roper
Junior League of Odessa
Words of Gratitude Endowment Fund
Memorial Fund
To our donors, thank Safe Place of the Permian Basin
Linebery Endowment for Baptist Endowment Fund
you for your generosity, Memorials Ministries Fund
compassion, and St. John’s Episcopal Church
Linebery Nursing Scholarship Fund Endowment Fund
support. Throughout Martin County Convent
this annual report, we Scarborough-Linebery Home
Endowment Fund Endowment Fund
have shared snippets of Midland Gem and Mineral Society
just a few of the dozens John Seay Memorial Fund
Endowment Fund for COM Aquatics
of letters we receive Midland Montessori School Stoltz Royalty Fund
expressing gratitude for Endowment Fund
the difference each of Teen Challenge of the
Midland/Odessa District of the Permian Basin Endowment Fund
you as donors makes in National Kidney Foundation of West
the lives of grantees, their Texas Endowment The Life Center Endowment Fund
clients, and scholarship Midland/Odessa Symphony and United Way/Jack Steele Fund
recipients. Every gift to the Chorale Endowment Fund United Way of Midland
Foundation, regardless of Midland Rape Crisis Center Permanent Fund
its size, touches the lives of Endowment Fund United Way of Odessa
our West Texas neighbors. Midland Vision 2020 Permanent Fund
Thank you for partnering MOSC Hearst Fund Drs. Harry and Kayla Weitlauf
with the Foundation as Endowed Fund
Tub Muncrief Memorial Fund for
together we build a legacy Bynum School West Texas Food Bank
of community giving. Endowment Fund
Nonprofit Management Center of the
Permian Basin Fund White-Pool House Friends
Permanent Fund
22 Annual Report | 2009
(above, left to right) Midland Palette Club and Unlock Ministries received competitive grants in 2009; Christmas for Our
Troops received TRIAD funds.
Scholarship Funds
(continued from page 14)
Amy Gardner Memorial “Louis Armstrong” Stephen Neace Memorial Scholarship Fund
Scholarship Fund Ann and Roy Northern Memorial Scholarship Fund
Nancy Jo Mims Geers Memorial Scholarship Fund Tommy Norwood Memorial Scholarship Fund
J. Alex and Ruby Haggard Scholarship Fund Joe M. Parsley Engineering Scholarship Fund
Marie Hall Scholarship Fund Permian Basin Fair and Exposition Scholarship Fund
Dick Harris Scholarship Fund Permian Basin Geophysical Society
Gene Douglas Hawley Memorial Scholarship Fund Scholarship Fund
John and Rose Marie Healy Memorial Scholarship Fund Permian Basin Scholarship for Petroleum and
Elizabeth Henry Memorial Scholarship Fund Mechanical Engineering Fund
Clayton Welch Henson Memorial Scholarship Fund Permian Basin Scholarship Fund
Daniel Parker Herd Memorial Scholarship Fund Permian Honor Scholarship Fund
Bob and Bobbie Hill Scholarship Fund Johnny Peugh Memorial Scholarship Fund
Cindy B. Jenkins Scholarship Fund James C. Pitts, Jr. Memorial Scholarship Fund
Grace Loveless Jones Scholarship Fund Blanche Plunkett Memorial Scholarship Fund
Grace and Bob King Scholarship Fund Curtis Pool Scholarship Fund
Madhuri Vindhya Kumar Memorial Nursing Riddle Family Scholarship Fund
Scholarship Fund Ted G. Roden Memorial Scholarship Fund of
Madhuri Vindhya Kumar Memorial Scholarship Fund Standard Sales Company LP
Lamesa Golden Tornado Jubilee Scholarship Fund Dan and Billye Saunders Scholarship Fund
Ted Lawson Memorial Scholarship Fund Brian A. Semple Memorial Scholarship Fund
Randy Lee Scholarship Fund Todd Shiplet Memorial Scholarship Fund
Jimmie and Dorothy Davis Mashburn Scholarship Fund Mary Spannaus Medical Education Memorial Fund
Midland Reunion 2000 Scholarship Fund Philip Wickman Memorial Scholarship Fund
Midland Texas Tech Alumni Scholarship Fund Cole Williams Memorial Scholarship Fund
Bill Mims Memorial Scholarship Fund Thelma Windham Scholarship Fund
Joe E. Morales Memorial Scholarship Fund Jeb Worthy Scholarship Fund
Katy and Paul Morrow Endowed Scholarship Fund of J. M. Yater Memorial Scholarship Fund
Junior League of Midland Galberson Zachery Scholarship Fund
Donnie Munsell Memorial Scholarship Fund
Building a Legacy of Community Giving 23
Leadership
Board of Governors Advisory Governors
Steve Barron, Chairman James M. Alsup Grace King
John Bergman, Vice Chairman John R. “Rich” Anderson LaDoyce Lambert
Carolyn Stone, Secretary Nancy Anguish Bobby McKnight
Jack Harper, Treasurer Joan Baskin Richard T. McMillan
Spencer Beal J. E. Mendez, M.D.
G. William Fowler, Past Chairman
Grant Billingsley Gregg Owens
Suzy Boldrick
A. J. Brune III Jess Parrish
Cathy Eastham
K. Michael Conaway Lorraine Perryman
Larry Edgerton
June Cowden Beverly Pevehouse
Sondra Eoff
Steve Davidson Rodney M. Robinson
Trey Grafa
Robert H. Dawson W. Scott Ryburn
Patty Herd
Frank Deaderick Clarence Scharbauer III
Hiram Hubert
Bill Elms Tulsi Singh, M.D.
Scott Kidwell
Tracy Elms Jimmy Stallings
Jess Sellars
Olivia Farias Ray Stoker, Jr.
Don Wood
Marie Hall Georgia Trobaugh
Joanie Holt Jack Wood
Betsy Triplett-Hurt
Foundation Staff
Guy McCrary, President & CEO
Cyndi Vara, CPA, Controller
Vicki Rice, Donor Relations & Development
Sarah Marler, Grants & Scholarships Administrator
Lauren Pinto, Office Administrator
Non Profit Management Staff
Mark Palmer, Executive Director
Laurie Johnson, Associate Director
Monique Waggoner, Education Coordinator & Office Administrator
www.nmc-pb.org
200 N. Loraine, Suite 500 | Midland, Texas 79701
432-617-3213 | fax 432-617-0151
www.pbaf.org
Building a Legacy of Community Giving