The Memas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 9 grants totaling $463K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+87.0% YoY
Annual Giving
$463K
+213.3% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$51K
+143.7% YoY
About The Memas Foundation
Based on IRS filings
The Memas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 9 grants totaling $463K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,891,244 | $1,546,224 | $746,372 |
| Revenue | $1,835,000 | $930,000 | $921,516 |
| Expenses | $482,787 | $152,449 | $175,144 |
| Qualifying Distributions | $1,627,192 | $931,973 | $152,377 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | $25,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STIRLING WARREN | PRESIDENT | 5 | — |
| ANNE WARREN | VICE PRESIDENT | 5 | — |
| JOSHUA HAM | SECRETARY | 5 | — |
| KEVIN PETTY | TREASURER | 10 | — |
| ALLEN PRUITT | DIRECTOR | 0.5 | — |
| DAVID SMITH | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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