Annual Report - 2001
Component Funds - Donor Advised Funds

Donor Advised Funds provide donors with the enjoyment and privilege of suggesting grants from the fund they establish, subject to certain legal restrictions and approval by the Foundation’s Board of Governors.

Buddy Anguish Memorial Fund – This fund was established by the friends and family of Buddy Anguish in his memory and in honor of his lifelong commitment to numerous philanthropic causes.

Jake Busbee Memorial Fund – This fund was created by friends of the family of Jake Busbee, who died at birth.

Chris Davidson Memorial Fund – This fund was created by family and friends of Chris Davidson to assist children with disabilities or special needs.

Clare Tompson Ellis Memorial Fund– This fund was established by friends and family of Midlander Clare Tompson Ellis as a loving tribute to her life, which ended tragically in a car accident. Clare Ellis was dedicated to improving the quality of life in Midland and the fund provides resources for an array of charitable causes.

Charles F. Henderson Memorial Fund – Created by Elsie Florence Henderson in memory of her husband, this fund provides income for the purchase of books and materials for libraries and library affiliates.

Horton Family Fund – This fund was established by Jay B. and Susan Horton for general charitable purposes.

Jaycees Advised Fund – This fund was created by the Midland Jaycees to improve and maintain Centennial Plaza in downtown Midland and to develop and improve Midland parks and other leisure facilities.

Lacy Fund – This fund was created by Juandelle and the late James W. Lacy to support charitable purposes and programs.

McLaughlin Families Fund – This fund was created by James and Anne McLaughlin for serving charitable causes of the region’s communities.

Mark Nicholas Fund§ – This fund was created by Mark Nicholas to support charitable causes, primarily scholarships and faith-based initiatives.

Mrs. Donald O’Shaughnessy Fund – Barbara J. O’Shaughnessy created this fund for general charitable uses and purposes.

Pharr Family Charitable Fund§ – Richard and Diane Pharr created this fund to serve charitable causes of the region’s communities.

Rodney M. Robinson Advised Fund – This fund was created by Rodney M. Robinson to support charitable purposes and programs.

Joe G. and Julia R. Roper Memorial Fund – This fund was created for charitable purposes and programs by the family and friends of Julia and Joe Roper, upon their respective deaths.

A.W. and Virginia S. Rutter Fund – This fund was established by A.W. and Virginia S. Rutter to support charitable purposes and programs.

Scott Seator/Midland Rockhounds Memorial Fund – This fund was created by family and friends in memory of Scott Seator, who served as Director of Communication for the Midland Class AA professional baseball team. Grants from this fund are directed to Permian Basin youth activities and programs.

Stoltz Royalty Fund – This fund was created by Deane and Janet Stoltz to support charitable purposes and programs.

Swallow Family Fund – This fund was created by Jack and Julia Swallow to support charitable purposes and programs.

Trinity Fund – This fund was established by an anonymous donor for general charitable purposes.

West Family Fund – This fund was created by the Thomas West family to support charitable purposes and programs.

Johnny and Margaret Williams Advised Fund – This fund was established by retired educators Johnny and Margaret Williams for general charitable purposes.

Vicki J. Wilson Advised Fund – This fund was created by Vicki J. Wilson of Kerrville to support charitable purposes and programs.

Notes:

§ - The Foundation is pleased to make mention of these funds which were created subsequent to December 31, 2001. Donors to these funds will be reflected in the 2002 Annual Report.

Permian Basin Area Foundation administers a number of other funds, the donors to which have requested anonymity.

Funds of the Foundation are open to additional tax-deductible contributions. We also welcome the opportunity to visit with donors about creating new component funds for charitable purposes.