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Filing year 2024

PERMIAN BASIN AREA FOUNDATION

Midland, Texas·EIN 75-2295008·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$43.7M
Total assets
$331M
Total expenses
$17M
Reported officers
16
Mission

Permian Basin Area Foundation exists to partner with donors in creating permanent charitable funds to enrich the quality of life in West Texas communities.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President and CEO
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Texas
$352k
$374k
Base
$319k
Bonus
Other
Benefits
$1k
Chief Financial Officer
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Texas
$248k
$263k
Base
$201k
Bonus
$4k
Other
Benefits
$22k
Development Officer
Highest Compensated Employee
25th percentile to median
$150k
$159k
Base
$123k
Bonus
$4k
Other
Benefits
$10k
Finance and Accounting Administrator
Highest Compensated Employee
25th percentile to median
$135k
$143k
Grants Officer
Highest Compensated Employee
25th percentile to median
$124k
$132k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PERMIAN BASIN AREA FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2023

From $326k in 2023 to $352k in 2024.

$326k
2023
$352k
2024
In today's dollarsEst.
Up 5% in real terms$356k to $374k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 17%.

$326k in 2023 to $352k in 2024.
  • Chief Financial Officer pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PERMIAN BASIN AREA FOUNDATION

What does the Chief Executive Officer of PERMIAN BASIN AREA FOUNDATION earn?

In 2024, the Chief Executive Officer of PERMIAN BASIN AREA FOUNDATION received $352,329 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PERMIAN BASIN AREA FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Chief Executive Officer at PERMIAN BASIN AREA FOUNDATION falls in the top 10%. In 2024, the highest total compensation at PERMIAN BASIN AREA FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are PERMIAN BASIN AREA FOUNDATION's revenue and expenses?

In 2024, PERMIAN BASIN AREA FOUNDATION reported $43.7M in total revenue and $17M in total expenses on its IRS Form 990.

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