EIN 23-7025386

Panhandle-Plains Higher Education Foundation (PPHEA)

IRS 501(c) type
501(c)(3)
Num. employees
13
City
State
Year formed
1979
Most recent tax filings
2023-12-01
Description
Panhandle-Plains Higher Education Foundation provides scholarships to qualified individuals for eligible educational expenses such as tuition and fees, books and supplies, room and board, and incidental expenses related to attendance at an accredited educational institution. The Foundation promotes educational opportunities and assistance for Texas residents by providing outreach to students and parents concerning financial aid opportunities.
Also known as...
Panhandle-Plains Higher Education Authority
Total revenues
$6,170,024
2023
Total expenses
$6,217,491
2023
Total assets
$166,113,977
2023
Num. employees
13
2023

Program areas at PPHEA

The Foundation's primary purpose is to provide scholarships to qualified individuals for eligible educational expenses consisting of tuition and fees, books and supplies, room and board and incidental expenses related to attendance at an accredited educational institution in the state of Texas offering an academic degree program of at least two years' school attendance.
The Foundation promotes educational opportunities and educational assistance for residents in the state of Texas. Educational opportunities consists primarily of providing outreach to students and parents concerning financial aid opportunities to assist with the cost of attending college. Educational assistance consists primarily of providing information to students and parents about financial aid opportunities that may be available at the federal or state level, how and when to apply, and assistance in completing the free application for federal student aid (fafsa). The Foundation also provides loan borrowers assistance with repayment options that may be available to them to mitigate delinquencies/defaults.
The Foundation provides services to public and non-profit institutions of Higher Education, including loan billing, analysis of student loan default rates and providing state mandated student loan debt disclosure notices to students concerning their outstanding federal and/or state student loan debt.

Personnel at PPHEA

NameTitleCompensation
Jimmy ParkerPresident and Chief Executive Officer$233,208
Zach BellChief Financial Officer$147,921
Jan BentonBoard Chair$0
Rita CraddockVice Chair$0
Tammy RoarkBoard Secretary$0
...and 3 more key personnel

Financials for PPHEA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$42,738
Investment income and dividends$3,573,728
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,553,558
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,170,024

Form 990s for PPHEA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-06990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-082022-05-18990View PDF
2019-082021-01-21990View PDF
...and 10 more Form 990s
Data update history
August 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 1 new personnel
May 21, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Political advocacyLobbyingProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3000 FM 2590
Canyon, TX 79015
Metro area
Amarillo, TX
County
Randall County, TX
Website URL
pphef.org/ 
Phone
(806) 324-4100
IRS details
EIN
23-7025386
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B94: Parent-Teacher Associations PTAs
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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