The Texas State Capitol

Form 990-PFTax year 2024EIN 88-2321574

The Memas Foundation

A private foundation in Midland, TX. Its return for tax year 2024 lists 9 grants and $462,906 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
Kevin Petty
808 W Wall Street
Midland, TX 797016634
(432) 683-9093
Form and materials
Grant applicants apply for periodic operating and/or capital funding using a preapproved application form. Upon receipt of the grant application and applicable supporting documents, the grant committee reviews the information to decide on the appropriate level of funding needed based on relevant financial need and overall benefit to the community. The grant is paid to receiving organizations upon receipt of a signed agreement stating that the funding will be used as documented in the application. Only then, will the grant be awarded to the organization. Documentation regarding this process is saved to our hard drive and in a cloud based database.
Deadlines
....
Restrictions
NA

Assets and giving by year

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

    $462,906

    Grants listed
    9
    Assets, end of year
    $2,891,244
  • Tax year 2023

    $147,750

    Grants listed
    7
    Assets, end of year
    $1,546,224
  • Tax year 2022

    $152,377

    Grants listed
    4
    Assets, end of year
    $746,372

Grants paid in 2024

9 grants, largest first

As listed on the return.

  1. City of ColemanColeman, TX

    General operations

    $136,256
  2. Boys & Girls Club of AbileneAbilene, TX

    General operations

    $100,000
  3. Young LifeColorado SPGS, CO

    General operations

    $75,000
  4. Coleman Fire DepartmentColeman, TX

    General operations

    $50,000
  5. Santa Anna Fire DepartmentSanta Anna, TX

    General operations

    $40,000
  6. Burkett Volunteer Fire DepartmentBurkett, TX

    General operations

    $30,000
  7. Lake Coleman Fire DepartmentColeman, TX

    General operations

    $30,000
  8. Cops & OutlawsColeman, TX

    General operations

    $1,000
  9. Coleman Bluecat Booster ClubColeman, TX

    General operations

    $650

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Youth development1 grant $75,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Texas8 grants $387,906
  2. Colorado1 grant $75,000

Officers, directors and trustees

6 people as filed

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

  • Stirling WarrenPRESIDENT Hours 5Pay $0
  • Anne WarrenVICE PRESIDENT Hours 5Pay $0
  • Joshua HamSECRETARY Hours 5Pay $0
  • Kevin PettyTREASURER Hours 10Pay $0
  • Allen PruittDIRECTOR Hours 0.5Pay $0
  • David SmithDIRECTOR Hours 0.5Pay $0

The return

More foundations

Similar foundations

Same main cause (youth development), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Galt Family Charitable FoundationShavano Park, TX 12 grants Preselected only $461,056 giving
  2. Novum FoundationHouston, TX 16 grants Preselected only $522,467 giving
  3. The Baldridge FoundationAddison, TX 25 grants Preselected only $527,435 giving
  4. The John 6 FoundationPlano, TX 25 grants Preselected only $540,200 giving
  5. Patti and Jim Wright Family FoundationLongview, TX 11 grants Accepts applications $557,804 giving