Pevehouse Family Foundation
The Pevehouse Family Foundation is a private grantmaking foundation established in 2008 by Beverly Pevehouse to sustain the philanthropic legacy of Beverly and Joe Pevehouse. Based in Midland, Texas, the foundation operates as a 501(c)(3) organization and serves as a vehicle for charitable giving in the West Texas region and beyond.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.3M
+7.1% YoY
Annual Giving
$1.7M
-2.8% YoY
Grant Count
58
-15.9% YoY
Avg Grant Size
$29K
+15.7% YoY
Under IRS private-foundation payout rules, Pevehouse Family Foundation reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on furthering the philanthropic vision of Beverly and Joe Pevehouse, who were recognized pillars in the West Texas philanthropic community for over five decades. The foundation supports the following priority areas:
- Health
- Higher Education
- Performing and Visual Arts
- Community and Cultural Endeavors
The foundation emphasizes that grant awards are made without any commitment for future support of operations or specific projects.
Grantmaking
Since its inception, the foundation has awarded more than $12 million in grants across the Permian Basin and state of Texas.
Grant Range
** $2,500 to $300,000
Review Cycle
.
How to Apply
** The foundation operates through a semi-annual competitive application and review process with fixed deadlines.
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Geographic Focus
Where this funder awards grants
The foundation specifies a geographic focus on Texas-based organizations, with primary emphasis on the Permian Basin region. While the majority of funding supports Texas organizations, the foundation has also made grants in North Dakota and California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $38,306,273
- Total Revenue: $4,632,935
- Total Expenses: $2,074,455
- Total Giving: $1,695,000
Historical Context:
- Annual giving (2023): $1,668,500
- Since 2016: 435 individual grants totaling $7.3 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,306,273 | $35,756,233 | $31,933,566 |
| Revenue | $4,632,935 | $5,840,153 | $4,794,788 |
| Expenses | $2,074,455 | $2,017,486 | $2,076,306 |
| Qualifying Distributions | $1,747,733 | $1,714,819 | $1,735,161 |
| Net Investment Income | $1,230,145 | $2,446,266 | $1,454,102 |
| Distributable Amount | $1,963,008 | $1,735,050 | $1,634,277 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Peterson Regional Medical Center Foundation ($300,000), Manor Park Inc ($200,000), Midland College C3 Program ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABILENE ZOO ABILENE, TX | OPERATIONAL EXPENSES | $5,000 |
| ADDY'S HOPE ADOPTION AGENCY MIDLAND, TX | OPERATIONAL EXPENSES | $10,000 |
| AMERICAN FRIENDS OF THE OCEAN CLEANUP FOUNDATION PASADENA, CA | OPERATIONAL EXPENSES | $5,000 |
| ANGELO STATE UNIVERSITY FOUNDATION SAN ANGELO, TX | STUDENT SCHOLARSHIP FUND | $65,000 |
| APHASIA CENTER WEST TEXAS MIDLAND, TX | OPERATIONAL EXPENSES | $20,000 |
| BIG BROTHERS BIG SISTERS OF THE PERMIAN BASIN MIDLAND, TX | OPERATIONAL EXPENSES | $15,000 |
| BOYS AND GIRLS CLUB OF THE PERMIAN BASIN ODESSA, TX | OPERATIONAL EXPENSES | $15,000 |
| BUCKNER CHILDREN & FAMILY SERVICES MIDLAND, TX | PROGRAM EXPENSES | $25,000 |
| BUFFALO TRAIL COUNCIL INC BOY SCOUTS OF AMERICA MIDLAND, TX | OPERATIONAL EXPENSES | $10,000 |
| BYNUM SCHOOL MIDLAND, TX | OPERATIONAL EXPENSES | $30,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Marina Stanaland — Executive Director
- Contact: 432-687-1608
- Email: [email protected]
Trustees: Melissa Pevehouse Hoelscher, Clay Pevehouse, Austin Ramsey
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELISSA PEVEHOUSE HOELSCHER | PRESIDENT | 1 | — |
| CLAY PEVEHOUSE | VICE PRESIDENT-SEC/TREAS | 1 | — |
| AUSTIN RAMSEY | DIRECTOR | 1 | — |
| LAURA HOELSCHER | DIRECTOR | 1 | — |
| EVAN PEVEHOUSE | DIRECTOR | 1 | — |
| CRESSINDA HYATT | DIRECTOR | 1 | — |
| JAN WATSON | VICE PRESIDENT-SEC/TREAS | 1 | — |
| KATIE PEVEHOUSE | VICE PRESIDENT-SEC/TREAS | 1 | — |
| LAURA BUCKNER | DIRECTOR | 1 | — |
| MARINA STANALAND | EXECUTIVE DIRECTOR | 20 | — |
Contact Information
Address: 4305 N. Garfield Street, Suite 235, Midland, TX 79705
Phone: 432-687-1608
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Pevehouse Family Foundation fund?
The foundation's mission centers on furthering the philanthropic vision of Beverly and Joe Pevehouse, who were recognized pillars in the West Texas philanthropic community for over five decades. The foundation supports the following priority areas: • Health • Higher Education • Performing and Visual Arts • Community and Cultural Endeavors The foundation emphasizes that grant awards are made without any commitment for future support of operations or specific projects.
How do I apply for a grant from Pevehouse Family Foundation?
**Grant Range:** $2,500 to $300,000 **Annual Activity:** The foundation awards approximately 68-71 grants annually, totaling approximately $1.7 million per year. **Application Process:** The foundation operates through a semi-annual competitive application and review process with fixed deadlines. **Recent Grant Examples (2024):** • Peterson Health Foundation: $300,000 (Capital Expenses) • Manor Park: $200,000 (Capital Expenses) • Angelo State University Foundation: $65,000 (Student Scholarship …
Where does Pevehouse Family Foundation make grants?
The foundation specifies a geographic focus on Texas-based organizations, with primary emphasis on the Permian Basin region. While the majority of funding supports Texas organizations, the foundation has also made grants in North Dakota and California.
What size grants does Pevehouse Family Foundation award?
In 2024, Pevehouse Family Foundation awarded 58 grants totaling $1.7M — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is Pevehouse Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pevehouse Family Foundation reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pevehouse Family Foundation's EIN?
Pevehouse Family Foundation's EIN (Employer Identification Number) is 26-3401629. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pevehouse Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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