The Estelle H Yates Foundation
https://N/A
$10.5M
Total Assets (2018)
$1.0M
Total Giving (2018)
16
Grants on File (2018–2024)
$340K
Avg Grant Size
About
The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose listed on the schedule. During this tax year, the Foundation paid grants in an amount representing more than 25% of the Foundation's net assets of $4,480,620 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a "substantial contraction," it will continue in existence and has no immediate plans for dissolution.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
Artesia Public Schools
Phone
5757363250
Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $1.0M | $10.5M | $338K | 3 |
| 2020 | $2.3M | $10.1M | $184K | 13 |
| 2021 | N/A | $9.2M | $829K | N/A |
| 2023 | N/A | $4.5M | $357K | N/A |
| 2024 | N/A | $2.0M | $422K | N/A |
Grant Size Distribution
Based on 16 grants on record
Minimum
$2K
25th Pctl
$3K
Median
$22K
Average
$205K
75th Pctl
$500K
Maximum
$1.1M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| Peyton Yates Davis | Trustee | — |
| Richard M Yates | Trustee | — |
| Peyton Yates | Trustee | — |
Grants Awarded (16 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| Artesia Public Schools | Artesia, NM | $1,134,311 | Support for curriculum enhancement programs, tablets for students, design of vocational education buildings, network... | 2020 |
| Artesia Public Schools | Artesia, NM | $888,000 | Curriculum enhancement programs | 2020 |
| Artesia Public Schools | Artesia, NM | $514,293 | Support for: elementary enrichment students trip, and curriculum enhancement programs for 2017-2019 school years | 2018 |
| New Mexico School for the Arts | Sante Fe, NM | $500,000 | Artesia Outreach Program | 2018 |
| Cal Ripken Sr Foundation | Baltimore, MD | $70,000 | STEM stations at Artesia elementary schools | 2020 |
| New Mexico School for the Arts | Sante Fe, NM | $50,000 | Artesia Outreach Program | 2020 |
| Pregnancy Help Center of Artesia | Artesia, NM | $50,000 | Operating funds | 2020 |
| Artesia Arts Council | Artesia, NM | $33,000 | Salary support | 2020 |
| The Imagination Library of Grant Co | Silver City, NM | $10,000 | Eddy County - books for children | 2020 |
| Friends of Camp Mary White Inc | Lubbock, TX | $5,825 | Camp scholarships for girl scouts | 2018 |
| Friends of Camp Mary White Inc | Lubbock, TX | $5,000 | Camper Scholarships for Artesia & Carlsbad kids | 2020 |
| Artesia Arts Council | Artesia, NM | $3,000 | Salary support | 2020 |
| Artesia Emergency Relief | Artesia, NM | $2,500 | Food Pantry donation-COVID aid | 2020 |
| Trinity Temple | Artesia, NM | $2,500 | Food Pantry donation-COVID aid | 2020 |
| St Vincent de Paul | Artesia, NM | $2,500 | Food Pantry donation-COVID aid | 2020 |
| First United Methodist Church | Artesia, NM | $2,500 | Food Pantry donation-COVID aid | 2020 |