The Texas State Capitol

Form 990-PFTax year 2024EIN 75-6023680

The Fasken Foundation

A private foundation in Midland, TX. Its return for tax year 2024 lists 1 grant and $1.7 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Jeff Alsup
PO Box 2024
Midland, TX 79702
(432) 683-5401
jefffaskenfoundation.org
Form and materials
The Foundation utilizes an online grants management system. All applications should be submitted online. Grants are reviewed quarterly.
Deadlines
Submission deadlines are march 31, june 30, september 30 and december 31.
Restrictions
Grants are considered within the States of Texas, New Mexico. All charitable fields are considered. Grants are for general operations. No grants to individuals.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $1,719,254

    Grants listed
    1
    Assets, end of year
    $44,677,483
  • Tax year 2023

    $1,635,690

    Grants listed
    181
    Assets, end of year
    $43,613,398
  • Tax year 2022

    $1,711,915

    Grants listed
    168
    Assets, end of year
    $42,304,762
  • Tax year 2021

    $1,628,252

    Grants listed
    149
    Assets, end of year
    $47,421,766
  • Tax year 2020

    $1,561,500

    Grants listed
    151
    Assets, end of year
    $45,952,463
  • Tax year 2019

    $1,271,565

    Grants listed
    157
    Assets, end of year
    $42,252,478
  • Tax year 2018

    $980,084

    Grants listed
    160
    Assets, end of year
    $40,409,175

Grants paid in 2024

1 grant, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    [individual] attached

    $1,719,254

Officers, directors and trustees

10 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jeff AlsupExecutive director Hours 40Pay $181,708
  • John Wilkins JrPresident Hours 1Pay $4,500
  • Will KruegerVice president Hours 1Pay $2,000
  • Paula FaskenSec/Tres Hours 1Pay $3,500
  • Steve FaskenDirector Hours 1Pay $2,000
  • Lori BlongDirector Hours 1Pay $3,500
  • Tracy ElmsDirector Hours 1Pay $5,000
  • Tom KellyDirector Hours 1Pay $3,000
  • Alex HaleDirector Hours 1Pay $4,000
  • Gerald Nobles JrDirector Hours 1Pay $6,500

The return

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