Nonprofit · EIN 27-2504803
FMH FOUNDATION
Tax-exempt · MIDLAND, TX 79710
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $104,597,316 | $32,108,995 | $72,488,321 | $537,281,701 | $2,494 | $537,279,207 |
| December 31, 2023 | 990-PF | $73,532,830 | $42,973,701 | $30,559,129 | $464,790,886 | $0 | $464,790,886 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $100
- Dividends
- $12,755,602
- Net gain from sales of assets
- $11,262,756
- Other income
- $80,578,858
Expenses
- Grants and similar amounts paid
- $14,188,250
- Compensation of officers, directors and key employees
- $226,200
- Salaries, compensation and benefits (total)
- $404,160
- Disbursements for charitable purposes
- $14,843,160
- Excise tax on investment income
- $1,230,969
Balance sheet and other
- Total assets, start of year
- $464,790,886
- Total assets, end of year
- $537,281,701
- Total liabilities, end of year
- $2,494
- Net assets, end of year
- $537,279,207
- Fair market value of assets
- $654,497,011
- Qualifying distributions
- $14,843,160
- Net investment income
- $104,597,216
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JONI HIRES PO BOX 51310, MIDLAND, TX 79710 | EXECUTIVE DIRECTOR | 40 | $226,200 | $6,786 |
| SENIOR GRANT MANAGER PO BOX 51310, MIDLAND, TX 79710 | SENIOR GRANT MANAGER Highest-paid employee | 40 | $131,300 | $3,939 |
| GRANT MANAGER I PO BOX 51310, MIDLAND, TX 79710 | GRANT MANAGER I Highest-paid employee | 40 | $109,460 | $3,284 |
| GRANT MANAGER II PO BOX 51310, MIDLAND, TX 79710 | GRANT MANAGER II Highest-paid employee | 40 | $85,920 | $2,578 |
| ACCOUNTING AND OPERATIONS PO BOX 51310, MIDLAND, TX 79710 | ACCOUNTING AND OPERA Highest-paid employee | 40 | $77,480 | $2,324 |
| GLENN A ROGERS PO BOX 51310, MIDLAND, TX 79710 | PRESIDENT | 2 | $0 | $0 |
| LAURA MCCABE PO BOX 51310, MIDLAND, TX 79710 | SECRETARY | 1 | $0 | $0 |
| LAURA BUCKNER PO BOX 7963, MIDLAND, TX 79708 | TREASURER | 1 | $0 | $0 |
| TEVIS HERD PO BOX 51310, MIDLAND, TX 79710 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JONI HIRES PO BOX 51310, MIDLAND, TX 79710 | EXECUTIVE DIRECTOR | 40 | $213,200 | $6,846 |
| SENIOR GRANT MANAGER PO BOX 51310, MIDLAND, TX 79710 | SENIOR GRANT MANAGER Highest-paid employee | 40 | $123,500 | $3,795 |
| GRANT MANAGER PO BOX 51310, MIDLAND, TX 79710 | GRANT MANAGER Highest-paid employee | 40 | $101,400 | $3,134 |
| ACCOUNTING AND OPERATIONS PO BOX 51310, MIDLAND, TX 79710 | ACCOUNTING AND OPERA Highest-paid employee | 40 | $57,180 | $1,805 |
| GLENN A ROGERS PO BOX 51310, MIDLAND, TX 79710 | PRESIDENT | 2 | $0 | $0 |
| LAURA MCCABE PO BOX 51310, MIDLAND, TX 79710 | SECRETARY | 1 | $0 | $0 |
| LAURA BUCKNER PO BOX 7963, MIDLAND, TX 79708 | TREASURER | 1 | $0 | $0 |
| TEVIS HERD PO BOX 51310, MIDLAND, TX 79710 | DIRECTOR | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 51310, MIDLAND, TX 79710-1310
- Signed the 990-PF
- LAURA BUCKNER, TREASURER
- Phone
- (432) 682-7924
- Website
- FMHFOUNDATION.ORG
- Return prepared by
- SPROLES WOODARD LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-2504803
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $537,281,701
- Income (IRS master file)
- $182,183,952
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $104,597,316 | $32,108,995 | $537,281,701 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $73,532,830 | $42,973,701 | $464,790,886 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2504803).
Questions about FMH FOUNDATION
- What is the EIN of FMH FOUNDATION?
- The employer identification number (EIN) of FMH FOUNDATION is 27-2504803.
- Is FMH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to FMH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FMH FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FMH FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FMH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of FMH FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 5 received compensation from the organization, the highest $226,200 (JONI HIRES, EXECUTIVE DIRECTOR).
- How much revenue does FMH FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $104,597,316, expenses of $32,108,995 and total assets of $537,281,701 at year end.
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- PERMIAN BASIN AREA FOUNDATION EIN 75-2295008 · last filed 990 for 2025
- GRANITE FAMILY FOUNDATION INC EIN 93-4273061 · last filed 990-PF for 2024
- JACK O MCCALL SR AND DOLORES L MCCALL FOUNDATION EIN 83-4134341 · last filed 990-PF for 2026
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All nonprofits in MIDLAND · Texas · Philanthropy, voluntarism and grantmaking foundations