Big Spring Area Community Foundation Inc logo

Big Spring Area Community Foundation Inc

Foundation · Grantmaker Big Spring, TX EIN: 75-2970373 Website

RECEIVE GIFTS, BEQUESTS AND DONATIONS TO BE HELD AS ENDOWMENTS THAT WILL PROVIDE CHARITABLE, CULTURAL AND EDUCATIONAL BENEFITS TO THE BIG SPRING AND HOWARD COUNTY AREAS.

Key facts about Big Spring Area Community Foundation Inc

EIN
75-2970373
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$326,899
Grants made (2024)
7
Average grant
$46,700
Median grant
$23,000
Total assets
$21,571,654
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Big Spring Area Community Foundation Inc funds

By grant dollars, the top recipient states for Big Spring Area Community Foundation Inc's 7 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Big Spring, TX (7 grants). 57% of grants with a stated purpose were for general or operating support.

How Big Spring Area Community Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−11%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Big Spring Area Community Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.6M

+12.7% YoY

Annual Giving

$327K

-43.4% YoY

Grant Count

7

-58.8% YoY

Avg Grant Size

$47K

+37.3% YoY

About Big Spring Area Community Foundation Inc

Based on IRS filings

Big Spring Area Community Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Big Spring, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.6M in total assets. In 2024, it awarded 7 grants totaling $327K. Net investment income was $401K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2024 grant dollars.

States

Cities

Big SpringLubbockSan AngeloSweetwaterCollege Station

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$640K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$21,571,654$19,134,401$16,257,242
Revenue$1,411,596$2,004,612$2,326,957
Expenses$583,229$860,769$793,190
Qualifying Distributions———
Net Investment Income$401,426$805,735$389,323
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$155K$310K$466K$621K6 grants202016 grants202122 grants202217 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Big Spring YMCA: $208KBig Spring YMCA$208KBig Spring Symphony Association Incorporated: $28KBig Spring SymphonyAssociation Incorporated$28KHoward County Junior College: $25KHoward County Junior College$25KBig Spring Area Chamber of Commerce Charitable Trust 1: $23KBig Spring Area Chamber ofCommerce Charitable Trust 1$23KSt Mary's Episcopal Church: $23KSt Mary's Episcopal Church$23KHeritage Museum of Big Spring: $14KHeritage Museum of Big Spring$14KHangar 25 Air Museum Association: $6KHangar 25 Air MuseumAssociation$6K

Grant Size Distribution

68 grants across all recorded years

60<$50K5$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

8 open opportunities from Big Spring Area Community Foundation Inc

Show all 8 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Big Spring YMCA ($208,493), Big Spring Symphony Association Incorporated ($27,615), Howard County Junior College ($25,000).

RecipientPurposeAmount
BIG SPRING YMCA Big Spring, TXTEEN & YOUTH CENTER, GENERAL PURPOSE$208,493
BIG SPRING SYMPHONY ASSOCIATION INCORPORATED Big Spring, TXFUNDING FOR THE NUTCRACKER BALLET, GENERAL PURPOSE$27,615
HOWARD COUNTY JUNIOR COLLEGE Big Spring, TXFIRST FLIGHT CONCURRENT SCHOLARSHIP FOR HS SENIORS, SCHOLARSHIPS NONTRADITIONAL STUDENTS$25,000
BIG SPRING AREA CHAMBER OF COMMERCE CHARITABLE TRUST 1 Big Spring, TXRENOVATIONS$23,000
ST MARY'S EPISCOPAL CHURCH Big Spring, TXGENERAL PURPOSE$22,666
HERITAGE MUSEUM OF BIG SPRING Big Spring, TXLIGHTING, PAINT & REPAIRS, EXTRA HELP, NEW MURAL$14,400
HANGAR 25 AIR MUSEUM ASSOCIATION Big Spring, TXGENERAL PURPOSE$5,725

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

George Bancroft — Executive Director: $126KGeorge BancroftExecutive Director$126K

From 2024 IRS filing

NameTitleHoursCompensation
Drew MoutonPresident2—
Tommy ChurchwellVice President2—
Richard SteelSecretary2—
Jim LittleMember——
Leslie Elrod-HobbsMember——
Jan ForesythMember——
Jimmy MillerMember——
Maureen HaddadMember——
Reina CisnerosMember——
Diane WoodMember——
Patsy SanchezMember——
George BancroftExecutive Director40$126,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Big Spring Area Community Foundation Inc?

Big Spring Area Community Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Big Spring, TX. It holds $21.6M in total assets as of 2024.

How large is Big Spring Area Community Foundation Inc?

As of 2024, Big Spring Area Community Foundation Inc holds $21.6M in total assets with $1.4M in annual revenue. It awarded 7 grants totaling $327K in 2024.

Where does Big Spring Area Community Foundation Inc operate?

Big Spring Area Community Foundation Inc has awarded grants in Texas.

What size grants does Big Spring Area Community Foundation Inc award?

In 2024, Big Spring Area Community Foundation Inc awarded 7 grants totaling $327K — an average of about $47K per grant, based on its IRS Form 990 filings.

What is Big Spring Area Community Foundation Inc's EIN?

Big Spring Area Community Foundation Inc's EIN (Employer Identification Number) is 75-2970373. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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