Chaparral Foundation is a private foundation established in 1997 and located in Midland, Texas. The foundation operates as a 501(c)(3) charitable organization classified as a public foundation under the NTEE code T30 (Philanthropy, Voluntarism & Grantmaking Foundations).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
+3.0% YoY
Annual Giving
$602K
+15.9% YoY
Grant Count
35
+40.0% YoY
Avg Grant Size
$17K
-17.2% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on its grantmaking activity, Chaparral Foundation primarily funds initiatives in the following areas:
- Education and youth development
- Health and human services
- Grantmaking and philanthropy
- Nonprofit support
The foundation's grantmaking tends to be broad in scope, with particular emphasis on organizations in Texas, Colorado, and Oregon.
Grantmaking
The foundation's grantmaking strategy tends to invest in organizations with which leadership is affiliated, though this is not an absolute rule. The foundation does not maintain a public website and does not actively solicit applications through a formal process.
Grant Range
s and Activity:**
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Geographic Focus
Where this funder awards grants
Primary funding areas include Texas, Colorado, and Oregon, with particular concentration in the Midland, Texas area and Central Texas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue (as of most recent filings):
- Total assets (2023): $10,572,379
- Total assets (2022): $10,500,000
- Total assets (2024): $10,884,872
- Total revenues (2023): $663,487
- Total revenues (2022): $478,700
- Total expenses (2023): $637,650
Staffing: The foundation operates with zero employees.
Financial Trend: Over the eight-year period preceding 2022, the organization experienced an average annual revenue decline of 11.2%.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,884,872 | $10,572,379 | $10,530,640 |
| Revenue | $1,083,954 | $663,487 | $478,714 |
| Expenses | $749,212 | $637,650 | $630,761 |
| Qualifying Distributions | $604,829 | $519,000 | $500,000 |
| Net Investment Income | $944,611 | $563,082 | $365,164 |
| Distributable Amount | $585,513 | $535,415 | $554,884 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
131 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
H. Tevis Herd serves as the foundation's steward. Herd is a Texas-based attorney specializing in energy law. He graduated from the University of Texas in 1964 and received his J.D. from the University of Texas School of Law in 1967.
Herd's board affiliations and involvement include:
- Board member of Midland Memorial Foundation
- Lifetime board member of United Way of Midland
- Former president of the board of directors of the Midland YMCA
- Former president of the board of directors of the Permian Basin Center
The foundation is also known as "Herd Harvey Ttee," referencing Harvey Herd, H. Tevis Herd's late father, who was an oilman.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| H TEVIS HERD | PRESIDENT | — | — |
| HOLLY HERD | SECRETARY | — | — |
Recent News & Activity
Recent developments and announcements
Recent grantees have included organizations focused on education, health, and community services:
Explore Austin
Dell Children's Medical Center Foundation of Central Texas
United Way of Midland
Salvation Army of Austin
SAFE Alliance (domestic violence and sexual assault services)
Midland College Foundation
Midland College recognizes Legacy Scholars students as they ...The foundation's support extends to health and human services organizations addressing children's health, food security, and domestic violence prevention.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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