Scharbauer Foundation Inc
Scharbauer Foundation Inc. is a private charitable foundation established in 2011, headquartered in Midland, Texas. The foundation works to strengthen the Midland-Odessa region through strategic philanthropic investments in nonprofit organizations and public institutions that address significant community needs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$560.0M
+23.4% YoY
Annual Giving
$27.3M
+42.0% YoY
Grant Count
66
-4.3% YoY
Avg Grant Size
$414K
+48.4% YoY
Mission & Focus Areas
The foundation's vision is to make Midland a better place in which to live and operate a business. It achieves this by supporting organizations and activities that help individuals succeed personally and at work.
The foundation prioritizes projects across four core focus areas:
- Education - Supporting public education and academic achievement from early childhood through college
- Healthcare - Funding healthcare capacity and access to quality medical services
- Quality of Place - Supporting community infrastructure and livability initiatives
- Human Services - Addressing critical social needs and community welfare
Grantmaking
The foundation prefers assisting with:
Review Cycle
demonstrate significant funding capacity:
Grant Types
How to Apply
As of July 2025, all applicants must create a new account to submit a pre-application. First-time applicants and those with projects outside the foundation's guidelines should contact the foundation team before submitting.
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Geographic Focus
Where this funder awards grants
The foundation awards grants to organizations working in Midland and Odessa, Texas, with a primary focus on the Midland-Odessa region. While the foundation's primary service area is West Texas, it has supported initiatives in additional Texas cities including Amarillo, Austin, Dallas, Houston, and San Antonio, as well as Arkansas, Colorado, and Washington D.C.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Assets: Approximately $454 million
- Annual Revenue: Approximately $80-89.8 million
- Annual Expenses: Approximately $23 million
- Total Giving (Recent Year): $14.5 million across 66 grants
- Average Grant Size: $220,100
- Median Grant Size: $30,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $560,046,320 | $453,959,556 | $342,471,982 |
| Revenue | $84,623,911 | $79,698,649 | $89,785,694 |
| Expenses | $32,678,274 | $23,384,535 | $17,233,476 |
| Qualifying Distributions | $29,604,209 | $21,028,165 | $15,312,063 |
| Net Investment Income | $79,866,627 | $80,068,724 | $87,945,225 |
| Distributable Amount | $29,529,660 | $23,303,390 | $19,765,055 |
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
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Grant A. Billingsley - President and CEO
- Mary Ann Beninati - CEO & President (referenced in grant announcements)
- Sarah A. Shaw - Vice President and Secretary
- Clarence Scharbauer III - Director
- James M Alsup - Assistant Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAN HORD | CHAIR | 0.05 | — |
| JIM NELSON | VICE CHAIR | 0.05 | — |
| JAMES M ALSUP | ASSISTANT SECRETARY | 0.05 | — |
| GARY DOUGLAS | ASSISTANT TREASURER | 0.05 | — |
| CINDY BLACK | DIRECTOR | 0.05 | — |
| TIM LEACH | DIRECTOR | 0.05 | — |
| KATY MORROW | DIRECTOR | 0.05 | — |
| SCOTT RYBURN | DIRECTOR | 0.05 | — |
| GRANT A BILLINGSLEY THRU 123124 | PRESIDENT AND CEO | 40 | $601,153 |
| SARAH A SHAW | VICE PRESIDENT AND SECRETARY | 40 | $243,100 |
| JOANN PRICE | TREASURER | 40 | $205,700 |
| MARY ANN BENINATI BEGAN 72924 | EXECUTIVE VICE PRESIDENT | 40 | $264,103 |
Recent News & Activity
Recent developments and announcements
**2025 Grant Cycle Highlights:**
The foundation announced its largest funding year in history, awarding over $16 million in its fall 2026 cycle. Notable recipients included:
Scharbauer Foundation awards more than $9 million in grants to support nonprofits**Education Grants:**
Communities in Schools of the Permian Basin - dropout prevention and mental health resources
IDEA Public Schools of the Permian Basin - development and construction of IDEA Henry in Midland
Junior Achievement of the Permian Basin - financial literacy programs for K-12 students
Midland College Foundation - Early College High School support
Scharbauer Foundation awards more than $9 million in grants to support nonprofitsHispanic Cultural Center of Midland - youth arts and education programs
Midland County Public Library Foundation - pilot program providing books to third graders
Scharbauer Foundation to award $16M in Midland grantsRound Up Inc. - youth sports league at Midland ISD elementary campuses
Skillpoint Alliance - workforce training program expansion
University of Texas Permian Basin - $2.55 million for teacher certification scholarships, teacher apprenticeships, and behavioral health clinicals
UTPB Receives $2.55 Million Scharbauer Foundation Grant to Fund Teacher Certification Scholarships,**Healthcare Grants:**
Cook Children's Midland Specialty Clinic - specialized medical equipment
Starlight Therapeutic Riding Center - equine-assisted activities for children
According to foundation leadership, these grant cycles reflect a deep commitment to innovation, leadership, and community resilience in the Midland-Odessa region.
Scharbauer Foundation awards more than $9 million in grants to support nonprofitsSubject Areas
Focus areas based on grantmaking activity
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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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