Henry Foundation Grant

The Henry Foundation, established in 2006, aims to enhance the quality of life for Midland, Texas residents through charitable contributions. It focuses on supporting educational institutions, social services, and community projects that bring lasting benefits. The Foundation encourages collaborative efforts with other non-profits and emphasizes projects that address root causes of community issues. Grants are available for both capital and operating projects, favoring initiatives with a direct connection to Midland.

Purpose
The Henry Foundation was established on August 9, 2006, with the Office of the Secretary of State in Texas as a 501(c) organization under Texas Code Section 11.18 (c). Its purpose is “to receive and administer funds which shall be used exclusively for the performance of charitable activities within the meaning of Internal Revenue Code Section 501 (c) (3) and the Texas Tax Code Section 11.18 (c).”
Specifically the Corporation is “organized to engage directly in the support of charitable, benevolent, religious, eleemosynary (defined as generous in assistance to the poor), literary, patriotic, civic, and scientific and educational purposes and to support other qualified organizations or entities engaged in such purposes, all in compliance with the Corporation’s tax exempt status, the Internal Revenue Code and Texas law.”
Core Values
Share Christian charity (with excellence), i.e., to’ live it’, focusing on problem solving and self-help for others.Teach family giving for the second generation and beyond.Encourage company giving of time and financial resources through employee involvement and investment back into the community.Improve community life, i.e., to be visionary and inspire quality; to think “outside the box,” and to promote opportunities for all people in communities (primarily Midland) where the Henrys have been connected during their lifetimes.
Objectives
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 (partner and invest) with other non-profit organizations in order to address issues within the community which impede quality of life for all residents, andTo invite other foundations and community groups to join in thoughtful giving which addresses root causes and ‘builds fences” rather than “band-aids” issues for the community.
Areas of Interest
The Henry Foundation makes grants to qualified 501(c) (3) non-profit organizations in a wide variety of program areas including social services, education, health, youth programs, recreation, arts and cultural activities for the benefit of the community.
Geographic Focus
With the Henry’s long time involvement in the local community and Midland being the main place of Mr. Henry’s professional life, the couple prefers their funding commitment go to benefit programs and services primarily located in Midland, Texas. Consideration may be given to projects outside the community with emphasis on support for areas where the Henrys have a business or personal connection.
Types of Support
Gifts range in size and may fund capital and special projects (2/3) and operating (program) grants (1/3), but not endowment funds. Collaborative projects shared with other organizations or funders and both multi-year and challenge or matching gifts will be considered for funding by The Henry Foundation.

Eligibility

The Foundation generally limits its educational grants for institutions of higher education (including religious educational institutions) to those receiving advance approval with the institution’s development office; a cover letter verifying the approval will be required.Due to the number of inquiries received each year, the Foundation cannot respond favorably to all requests. Thus, grants are made without any commitment for future support of operations or specific projects unless otherwise specified.Applicants must have IRS 501(c)(3) status.

Ineligibility

The Foundation does not fund loans or fellowships for individual students.The Foundation does not support taxing entities or political campaigns and lobbying efforts.The Foundation prefers not to support annual campaigns or special events and will not provide emergency funding or support for debt retirement.