SCHARBAUER FOUNDATION INC
https://WWW.SCHARBAUERFOUNDATION.ORG
$335.0M
Total Assets (2019)
$1.4M
Total Giving (2019)
4
Grants on File (2018–2024)
$1.4M
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
SCHARBAUER FOUNDATION INC
Phone
4326832222
Deadlines
SPRING AND FALL CYCLE; DATES CHANGE EACH YEAR AND ARE POSTED ON THE ORGANIZATION'S WEBSITE
How to Apply
ORGANIZATIONS REQUESTING FUNDING FILL OUT AND SUBMIT AN ONLINE PRE-APPLICATION THROUGH THE FOUNDATIONS WEBSITE AT WWW.SCHARBAUERFOUNDATION.ORG BY DUE DATES LISTED ON THE HOME PAGE. THE FOUNDATION WILL INVITE SELECTED PRE-APPLICANTS TO SUBMIT AN ONLINE FULL GRANT REQUEST. INSTRUCTIONS AND ATTACHMENTS ARE INCLUDED IN THE ONLINE REQUEST PROCESS.
Restrictions
THE SCHARBAUER FAMILY HAS A LONG HISTORY OF HELPING BUILD MIDLAND, TEXAS. WITH THAT SAME COMMITMENT, THE SCHARBAUER FOUNDATION SEEKS TO MAKE GRANTS THAT WILL HELP MIDLAND BE A BETTER PLACE IN WHICH TO LIVE AND OPERATE A BUSINESS. THE FOLLOWING ARE GENERAL GUIDELINES USED BY THE FOUNDATION IN EVALUATING GRANT REQUESTS. FOCUS AREAS * EDUCATION * HEALTH * PUBLIC/CIVIC BENEFIT * HUMAN/SOCIAL SERVICES
Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $5K | $284.5M | $39.9M | 1 |
| 2019 | $1.4M | $335.0M | $51.0M | 1 |
| 2020 | $85K | $367.2M | $34.3M | 2 |
| 2023 | N/A | $552.7M | $79.7M | N/A |
| 2024 | N/A | $658.8M | $84.6M | N/A |
Grant Size Distribution
Based on 4 grants on record
Minimum
$5K
25th Pctl
$25K
Median
$43K
Average
$373K
75th Pctl
$1.4M
Maximum
$1.4M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| GRANT A BILLINGSLEY THRU 123124 | PRESIDENT AND CEO | $601K |
| GRANT A BILLINGSLEY | PRESIDENT AND CEO | $508K |
| GRANT BILLINGSLEY | EXECUTIVE VP | $403K |
| MARY ANN BENINATI BEGAN 72924 | EXECUTIVE VICE PRESIDENT | $264K |
| SARAH A SHAW | VICE PRESIDENT AND SECRETARY | $243K |
| JOANN PRICE | TREASURER | $206K |
| SARAH A SCOTT | SPHR PROGRAM DIRECTOR | $132K |
| CINDY BLACK | DIRECTOR | — |
| TIM LEACH | DIRECTOR | — |
| KATY MORROW | DIRECTOR | — |
| SCOTT RYBURN | DIRECTOR | — |
| DAN HORD | CHAIR | — |
| JIM NELSON | VICE CHAIR | — |
| JAMES M ALSUP | ASSISTANT SECRETARY | — |
| GARY DOUGLAS | ASSISTANT TREASURER | — |
| CLARENCE SCHARBAUER III | DIRECTOR THROUGH MARCH 2023 | — |
| ALLEN MCGUIRE - DECEASED | DIRECTOR | — |
| ALLEN MCGUIRE | TREASURER/ASST SECRETARY | — |
Grants Awarded (4 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| PERMIAN BASIN PETROLEUM MUSEUM LIBR | MIDLAND, TX | $1,400,000 | STEM EDUCATION CENTER CAPITAL CAMPAIGN | 2019 |
| SAMARITAN COUNSELING CENTER OF WEST | MIDLAND, TX | $60,099 | ONE-TIME UNRESTRICTED COVID GRANT | 2020 |
| YOUNG LIFE MIDLAND | COLORADO SPRINGS, CO | $25,000 | 2020 BOARD DIRECTED GIFT | 2020 |
| MISC GRANTS 5000 | MIDLAND, TX | $5,000 | PROGRAM SUPPORT & PHIL ROUNDTABLE SOUTHWEST | 2018 |