The Henry Foundation is a private grantmaking foundation established in 2007 and based in Midland, Texas. As a 501(c)(3) organization, the foundation focuses on improving quality of life for residents of Midland through strategic philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$740K
+10.8% YoY
Annual Giving
$2.8M
-5.5% YoY
Grant Count
78
-10.3% YoY
Avg Grant Size
$36K
+5.4% YoY
Under IRS private-foundation payout rules, The Henry Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: "Focusing Resources to Change Lives."
The foundation's core objectives are:
- To make Midland a better place by supporting quality of life for all community residents
- To identify key projects to address community focus and direction
- To collaborate and partner with other nonprofit organizations to address issues that impede quality of life for residents
- To invite other foundations and community groups to join in thoughtful giving that addresses root causes rather than temporary solutions
Primary Funding Areas:
- Education ($9.95 million in grants)
- Human Services ($9.5 million in grants)
- Health ($7.35 million in grants)
- Public Benefit ($3.83 million in grants)
- Youth Development ($2.86 million in grants)
Grantmaking
The foundation made 144 grants in 2023.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with some grants extending to Colorado and Tennessee. The primary focus is on improving quality of life for Midland, Texas residents.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $667,441
- Total Revenues: $2,701,688
- Total Expenses: $3,356,568
- Total Grants and Contributions: $2,685,204
- Investment Income and Dividends: $16,484
- Total Liabilities: $504
As of December 2022:
- Total Grants and Contributions: $3,200,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $739,794 | $667,441 | $1,322,276 |
| Revenue | $3,132,740 | $2,701,688 | $3,202,492 |
| Expenses | $3,059,248 | $3,356,568 | $2,885,506 |
| Qualifying Distributions | $2,776,184 | $2,937,574 | $2,457,000 |
| Net Investment Income | $19,540 | $16,434 | $2,492 |
| Distributable Amount | $47,606 | $42,121 | $47,568 |
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
Open Grants
1 open opportunity from The Henry Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Permian Basin Behavioral Health Center ($400,000), Midland College Foundation ($330,000), YMCA Midland ($254,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Big Brothers Big Sisters of Midland Inc Midland, TX | Public Outreach/Program support | $30,000 |
| Aphasia Center of West Texas Inc Midland, TX | Skilled interventionprogram groupleaders | $35,000 |
| Boys and Girls Club of Midland Inc Midland, TX | Permian Basin Gives/Project Learn | $39,000 |
| Archway Outreach Inc Midland, TX | Neurotherapy &Prof. CounselingFee Assistance | $100,000 |
| Buckner Children and Family Services Dallas, TX | Midland ministries | $39,000 |
| Bush Tennis Center Midland, TX | General Operations/Program support | $50,000 |
| Casa de Amigos of Midland Inc Midland, TX | General Operating/Program Support | $50,000 |
| Austin Zoo Austin, TX | animal welfare advocate | $10,000 |
| Christmas in Action Inc Midland, TX | Program support-water heaters | $10,000 |
| City of Midland Aquatics Midland, TX | Denise PorterProject | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- James C Henry
- Paula A Henry
- Steve Pruett
The foundation has 2 employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steven Castle | Director | 1 | — |
| Paula A Henry | President | 1 | — |
| Steve Pruett | Vice Pres | 1 | — |
| Ronald D Scott | Vice Pres. | 1 | — |
| Michel Curry | Sec/Treas | 1 | — |
| Stan Jacobs | Director | 1 | — |
Contact Information
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Henry Foundation fund?
**Mission:** "Focusing Resources to Change Lives." The foundation's core objectives are: 1. To make Midland a better place by supporting quality of life for all community residents 2. To identify key projects to address community focus and direction 3. To collaborate and partner with other nonprofit organizations to address issues that impede quality of life for residents 4. To invite other foundations and community groups to join in thoughtful giving that addresses root causes rather than temp…
How do I apply for a grant from The Henry Foundation?
**Grant Amounts:** Typical awards range from $1,000 to $475,000. **Recent Grant Examples (2023):** • Midland College Foundation: $475,000 (Pre-K Academy center for teaching excellence) • Permian Basin Behavioral Health Center: $300,000 (Operating fund) • Hellinghausen Hope: $125,000 (General fund) The foundation made 144 grants in 2023. **Application Process:** All inquiries are accepted through an online process. Organizations establish a profile and submit a Pre-Application Summary Form descr…
Where does The Henry Foundation make grants?
The foundation primarily funds organizations in Texas, with some grants extending to Colorado and Tennessee. The primary focus is on improving quality of life for Midland, Texas residents.
What size grants does The Henry Foundation award?
In 2024, The Henry Foundation awarded 78 grants totaling $2.8M — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is The Henry Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Henry Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Henry Foundation's EIN?
The Henry Foundation's EIN (Employer Identification Number) is 20-5861163. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Henry 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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