The Harper Family Foundation Inc

MIDLAND, TX EIN: 87-1021296

The Harper Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 5 grants totaling $257K. Net investment income was $161K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-4.5% YoY

Annual Giving

$257K

+222.4% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$51K

+286.8% YoY

Under IRS private-foundation payout rules, The Harper Family Foundation Inc reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.

About The Harper Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $772K (93%)

Colorado $55K (7%)

States

Colorado Texas

Cities

Colorado SpringsFort WorthIrvingMidlandOdessaWaco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,109,085	$2,209,617	$2,206,433
Revenue	$160,908	$85,109	$668,568
Expenses	$261,440	$81,925	$387,039
Qualifying Distributions	$257,250	$79,800	$384,738
Net Investment Income	$160,908	$85,109	$666,049
Distributable Amount	$74,518	$80,123	$97,251

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

27 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Baylor University ($130,000), Manor Park ($75,000), First Methodist ($27,000).

Recipient	Purpose	Amount
BAYLOR UNIVERSITY WACO, TX	HARPER ENDOWED SCHOLARSHIP	$130,000
BAYLOR UNIVERSITY WACO, TX	WOMEN'S BASKETBALL EXCELLENCE FUND	$250
FIRST METHODIST MIDLAND, TX	DONATION	$27,000
MANOR PARK MIDLAND, TX	SUPPORTING UPDATES TO THE SENIOR LIVING HVAC SYSTEMS	$75,000
BYNUM SCHOOL MIDLAND, TX	SCHOOL DONATION	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JACK F HARPER	VICE PRESIDENT	—	—
SHELLEY D HARPER	PRESIDENT/SECCRETARY	—	—
MICHAEL MCWILLIAMS	TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Harper Family Foundation Inc?

The Harper Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. It holds $2.1M in total assets as of 2024.

How large is The Harper Family Foundation Inc?

As of 2024, The Harper Family Foundation Inc holds $2.1M in total assets with $161K in annual revenue. It awarded 5 grants totaling $257K in 2024.

Where does The Harper Family Foundation Inc operate?

The Harper Family Foundation Inc has awarded grants in Colorado, Texas.

What size grants does The Harper Family Foundation Inc award?

In 2024, The Harper Family Foundation Inc awarded 5 grants totaling $257K — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is The Harper Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Harper Family Foundation Inc reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Harper Family Foundation Inc's EIN?

The Harper Family Foundation Inc's EIN (Employer Identification Number) is 87-1021296. IRS Form 990 filing data is available on this page for 2021–2024.