Annual Report - 2006
Charitable Funds - Donor Advised Funds

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

Buddy Anguish Memorial Fund
Buddy Anguish’s life long commitment to numerous philanthropic causes is memorialized and honored through this fund established by his friends and family.

Larry and Ellen Parks Bell Family Fund
This fund was created by Larry and Ellen Parks Bell to provide support to nonprofit organizations serving the communities of the Permian Basin.

William B. and Marian West Blakemore Memorial Fund
Margene Blakemore and Bruce Blakemore established this fund in memory of their parents. This fund will be used to provide support to nonprofit organizations.

Bob Cowan Fund
Established by Bob Cowan, this fund provides support to nonprofit organizations serving the Permian Basin.

Chris Davidson Memorial Fund
Resources from this fund, created by family and friends in memory of Chris Davidson, are designated to assist children with disabilities or special needs.

Harriet Parks Faudree Dublin Charitable Fund
Mrs. Harriet Dublin established this fund to support various charitable causes and educational programs in the west Texas region.

Bob Duke Memorial Fund
Bob Duke, a Midland oil and gas business leader, is memorialized by his friends and family through this general charitable fund.

Clare Tompson Ellis Memorial Fund
As a loving tribute to the legacy of Midlander Clare Tompson Ellis, friends and family created this fund for charitable causes.

Steve and Debbie Gray Fund
Steve and Debbie Gray, longtime West Texans, established this fund to support general charitable causes.

Harral Family Fund
Longtime Midlanders Bill and Ladye Ann Harral created this general charitable fund to support various community causes.

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

Horton Family Fund
Designated for general charitable purposes, this fund was established by Jay B. and Susan Horton.

Leon Jeffcoat Fund
Established by the Board of Governors of the Foundation, this fund honors Leon Jeffcoat, CPA for his many years of volunteer service to the Foundation.

Bill Kennedy Memorial Fund
Bill Kennedy, a longtime Midland oilman and industry leader, is memorialized by his friends and family through this fund.

Landreth Family Fund
Robert E. and Donna Landreth created this fund to support a broad range of charitable projects.

Lynch Chappell & Alsup Charitable Fund
The partners of the law firm of Lynch Chappell & Alsup, PC established this fund for general charitable purposes.

Martin Family Charitable Fund
In memory of her husband Bill Martin, Karen Martin created this fund to support charitable programs.

McLaughlin Families Fund
Charitable causes within regional communities benefit from this fund established by Jim and Anne McLaughlin.

Mark Nicholas Fund
Mark Nicholas created this fund which provides support to charitable causes with an emphasis on 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
This fund, established by Richard and Dianne Pharr, serves charitable causes of the region’s communities.

Jane and Ray Riddle Fund
Jane and Ray Riddle established this fund which supports charitable purposes and programs.

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

A.W. and Virginia S. Rutter Fund
A.W. and Virginia S. Rutter established this fund to support charitable purposes and programs.

Scott Seator/Midland Rockhounds Memorial Fund
Created by family and friends in memory of Scott Seator, who served as Director of Communication for the Midland Class AA professional baseball team, this fund benefits Permian Basin youth activities and programs.

Swallow Family Fund
Created by Jack and Julia Swallow, this fund benefits charitable purposes and programs.

Ned Swallow Memorial Fund
Upon the death of longtime Midland resident Ned Swallow, memorial gifts from family and friends enabled the creation of this fund which supports general charitable purposes with an emphasis on those for which Mr. Swallow volunteered during his lifetime.

Jess Ann Thomason Memorial Fund
In remembrance of Jess Ann Thomason, Midland community volunteer and civic leader, family and friends established this fund supporting programs that were dear to Ms. Thomason.

Trinity Fund
Established by an anonymous donor, this fund is allocated for general charitable purposes.

West Family Fund
The Thomas West family created this fund to support charitable purposes and programs.

Jane and R. Ken Williams Endowment Fund
This fund was created by Jane and Ken Williams to support a broad range of charitable organizations.

Johnny and Margaret Williams Advised Fund
Retired educators Johnny and Margaret Williams established this fund for general charitable purposes.

Vicki J. Wilson Advised Fund
Kerrville resident Vicki J. Wilson created this fund benefiting charitable purposes and programs.

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.