PRESS RELEASE

IDEA Public Schools Plans to Expand with $4.8 Million Gift from Henry Resources

MIDLAND, TEXAS (October 27, 2020) –  IDEA Public Schools is continuing to progress its expansion plans within its Permian Basin region thanks to the generosity of Jim and Paula Henry. Through Henry Resources, the couple just announced a gift of 24.63 acres of land valued at approximately $5 million, which will include space for a new school and future staff housing.

Jim Henry said in a statement, “ensuring that every student receives a high-quality education and families have great schools in their community is critical.”  According to Paula Henry, “advancing opportunities and access to education is one of the most important investments we can make in our future. The Henry family is happy to be able to help ensure that kids in the Midland community have access to an excellent education that will provide a solid foundation for their success in life.”

Paula and Jim Henry created the Henry Foundation in 2006, which is funded in part through their company, Henry Resources. In 2018, the Henry family donated $2 million to IDEA Permian Basin through the foundation. The Henry Foundation was created to make giving back to Midland and the communities of the Permian Basin a priority for the Henry organization. Over the past 14 years, Jim and Paula have financially supported nearly 1000 charitable organizations through personal, company and foundation giving, now totaling more than $30 million.

IDEA Public Schools is a network of tuition-free, college preparatory public charter schools founded in the Rio Grande Valley in 2000.  Currently, the network serves more than 66,000 college-bound students in 120 schools across Texas and Louisiana. For 14 consecutive years, 100 percent of IDEA Public Schools’ graduates have been accepted to four-year colleges and universities. IDEA alumni – many of whom are the first in their family to attend college – graduate college at five times the national average.

“We are extremely grateful for the generous donation from Jim and Paula Henry, and we look forward to providing another excellent school choice for families in Midland,” said Bethany Solis, Executive Director of IDEA’s Permian Basin region. “IDEA Permian Basin believes every child can and will succeed if given the opportunity, and we will provide an additional education option to close the opportunity gap and increase levels of achievement for students and families in Midland.”

For more information on IDEA Public Schools, please visit http://www.ideapublicschools.org/

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About IDEA Public Schools

IDEA Public Schools believes that each and every child can go to college. Since 2000, IDEA Public Schools has grown from a small school with 150 students to the fastest-growing network of tuition-free, Pre-K-12 public charter schools in the United States. Currently, the network serves 66,000 college-bound students in 120 schools across Texas and Louisiana. IDEA has been recognized as a “Great Place to Work” and received national rankings on The Washington Post and U.S. News & World Report’s Top High Schools lists. IDEA remains on-track to uphold its legacy of sending 100% of its graduates to college.

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Jennifer Flores

Regional Communications Manager- All Regions

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