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
Under IRS private-foundation payout rules, Scharbauer Foundation Inc reported a distributable amount of $29.5M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Midland Athletic Syndicate Inc ($8,500,000), Midland Memorial Foundation ($7,000,000), Harmony Public Schools ($4,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 311 MINISTRIES MIDLAND, TX | 2024 BOARD DIRECTED GIFT - GENERAL OPERATING | $2,500 |
| AMERICAN RED CROSS - PERMIAN BASIN CHAPTER MIDLAND, TX | MIDLAND COUNTY DISASTER RELIEF | $35,000 |
| BIG BROTHERS BIG SISTERS OF THE PERMIAN BASIN INC MIDLAND, TX | 2024 BOARD DIRECTED GIFT - GENERAL OPERATING | $5,000 |
| BIG BROTHERS BIG SISTERS OF THE PERMIAN BASIN INC MIDLAND, TX | ENGAGING MARKETING FIRM FOR VOLUNTEER RECRUITMENT | $20,000 |
| BOY SCOUTS OF AMERICA BUFFALO TRAIL COUNCIL MIDLAND, TX | UTILITY VEHICLES FOR BUFFALO TRAIL SCOUT RANCH | $60,000 |
| BOYS AND GIRLS CLUBS OF THE PERMIAN BASIN ODESSA, TX | 2024 BOARD DIRECTED GIFT - GENERAL OPERATING | $25,000 |
| BYNUM SCHOOL MIDLAND, TX | SUBSIDENCE REPARATIONS PROJECT | $750,000 |
| CASA DE AMIGOS OF MIDLAND TEXAS INCORPORATED MIDLAND, TX | RENOVATIONS TO EXPAND CAPACITY FOR YOUTH AND ADULT EDUCATION | $185,000 |
| CENTERS FOR CHILDREN AND FAMILIES INC MIDLAND, TX | GENERAL OPERATING | $75,000 |
| CENTERS FOR CHILDREN AND FAMILIES INC MIDLAND, TX | 2024 BOARD DIRECTED GIFT - GENERAL OPERATING | $10,000 |
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
Frequently Asked Questions
What does Scharbauer Foundation Inc fund?
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** - S…
How do I apply for a grant from Scharbauer Foundation Inc?
The foundation prefers assisting with: • Capital projects, including construction, renovations, repairs, equipment purchase and installation • Project and program support and expansion The foundation does not fund consecutive-year grants. Recent grant cycles demonstrate significant funding capacity: • **Spring 2025**: $9 million awarded • **Fall 2025**: $16 million awarded (one of the largest funding years in the foundation's history) • **2025 Total**: Over $25 million distributed across focus …
Where does Scharbauer Foundation Inc make 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.
What size grants does Scharbauer Foundation Inc award?
In 2024, Scharbauer Foundation Inc awarded 66 grants totaling $27.3M — an average of about $414K per grant, based on its IRS Form 990 filings.
How much is Scharbauer Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Scharbauer Foundation Inc reported a distributable amount of $29.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Scharbauer Foundation Inc's EIN?
Scharbauer Foundation Inc's EIN (Employer Identification Number) is 26-2527362. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Scharbauer Foundation Inc'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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