Question 1

What does THE MEMAS FOUNDATION fund?

Accepted Answer

THE MEMAS FOUNDATION has funded 8 organizations with 16 grants on file.

Question 2

How much does THE MEMAS FOUNDATION give in grants?

Accepted Answer

In the most recent filing year, THE MEMAS FOUNDATION awarded $462,906 in grants. The foundation holds $2,891,244 in total assets. Grant data is available for 2 years, from 2023 to 2024. There are 16 individual grants on file.

Question 3

Who runs THE MEMAS FOUNDATION?

Accepted Answer

THE MEMAS FOUNDATION is led by DAVID SMITH (DIRECTOR), ALLEN PRUITT (DIRECTOR), KEVIN PETTY (TREASURER), and 3 others. This information is from their 2024 IRS 990-PF filing.

Question 4

Where is THE MEMAS FOUNDATION located?

Accepted Answer

THE MEMAS FOUNDATION is located in MIDLAND, TX. Their EIN is 88-2321574.

Question 5

How to apply for a grant from THE MEMAS FOUNDATION?

Accepted Answer

Grant application processes vary by foundation. THE MEMAS FOUNDATION accepts unsolicited proposals. 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. You can also use Signal990 to research their grant history and find the best approach.

Year	Total Granted	Grants Made	Avg Grant
2024	$462,906	9	$51,434
2023	$147,750	7	$21,107

THE MEMAS FOUNDATION

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