Annual Report - 2005
Grant Procedures

Permian Basin Area Foundation makes grants to qualified nonprofit organizations serving the Permian Basin region through which a broad range of philanthropic purposes are furthered and supported in the areas of education, arts and culture, health, social services, community development, and civic affairs. In addition to these broad purposes, certain Midland based organizations are eligible for grants from the Midland Housing Trust Fund to address needs for safe, clean and affordable housing.

Grant awards are determined through a competitive application and review process facilitated by Foundation staff and volunteer Grants Committees whose recommendations must be approved by the Foundation’s Board of Governors.

The Foundation awards grants in semi-annual cycles occurring in the spring and fall. Grant recipients are not eligible for reapplication until the fourth cycle following the cycle in which the most recent grant was awarded.

The Foundation has adopted Standard Forms Promulgated by the Funders Roundtable, which are referred to as Standard Forms. These are available on for downloading here.

Although COM Aquatics is often recognized for its competitive swimming and diving instruction, the state of the art indoor facility also provides growth and restoration for individuals in need of therapeutic rehabilitation and wellness support programs. COM aquatics and fitness programs and general capital maintenance are supplemented by the City of Midland Aquatics Endowment Fund, administered by the Foundation.