Chase Foundation Mack C Chase Trustee
Chase Foundation Mack C Chase Trustee is a private foundation based in Artesia, an individual recipient Its 2024 filing reports 75 grants totaling $1,307,716, while the foundation’s website describes a scholarship program for graduating seniors.
Chase Foundation Mack C Chase Trustee at a glance
In short: Chase Foundation Mack C Chase Trustee gave $1.3M across 75 grants in 2024 (avg $17K), mostly in New Mexico. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,307,716
- -22.5% vs 2023
- Grants made (2024)
- 75
- -5.1% vs 2023
- Average grant
- $17,436
- -18.4% vs 2023
- Median grant
- $6,250
- Total assets
- $36,226,049
- +3.8% vs 2023
- New grantees (estimate)
- 20% first-time grantees (13 of 64, 2024)
- Primary geography
- New Mexico (58% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Chase Foundation Mack C Chase Trustee
- How to Apply
-
The filing directs applicants to the foundation’s application forms and lists the eligibility restrictions above.
- Review Cycle
- The filing listed April 25, 2025, for fall 2025 scholarships. This deadline has passed.
- Deadline
- The filing listed April 25, 2025, for fall 2025 scholarships.
- Contact
Application contact: Chase Foundation
Mailing address: 2103 W Main Street, Artesia, NM 88210
Phone: (575) 746-4610
Email: info@chasefoundation.com
Website: https://www.chasefoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Chase Foundation Mack C Chase Trustee funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Texas Tech University ($171K). Together the top 10 received $617K.
Organizations only. It also paid 12 individual scholarships ($353,000), which are not listed by name.
Grant Size Distribution
348 grants across all recorded years
The most common grant size was under $50K: 317 grants of 348 (91%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went primarily to recipients in an individual recipient (58%) and Texas (26%), followed by Wyoming (5%), Oklahoma (2%), and Arizona (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 75 itemized grants.
States
Cities
Is Chase Foundation Mack C Chase Trustee open to new grantees?
20%
first-time grantees, 2024
In 2024, 13 of 64 grantees (20%) were first-time recipients. First grants averaged $12K; repeat grants $22K. How we count
Medians: $3K first-time, $6K repeat.
- 73% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 138% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.2M (2022) to $1.7M (2020). In 2024 it made 75 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 8 individual scholarships Recipients not named | — | $341,750 |
| Texas Tech University Lubbock, TX | Scholarship | $170,750 |
| Artesia Classical Academy Artesia, NM | GRANT | $100,000 |
| Written in Red Foundation Artesia, NM | GRANT | $91,300 |
| Artesia Public Schools Artesia, NM | GRANT | $82,667 |
| Sheridan Rotary Club Sheridan, WY | GRANT | $60,000 |
| University of New Mexico Albuquerque, NM | Scholarship | $28,750 |
| Victory Life Fellowship Artesia, NM | GRANT | $25,000 |
| Texas Tech Health Sciences Lubbock, TX | Scholarship | $24,750 |
| First Baptist Church Artesia, NM | GRANT | $17,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $36,226,049 | $4,449,826 | $3,129,829 | $1,307,716 | 75 | $2,903,308 | $3,524,762 | $2,100,538 |
| 2023 | $34,889,746 | $4,984,970 | $2,932,803 | $1,687,346 | 79 | $2,724,013 | $1,412,608 | $1,901,293 |
| 2022 | $32,849,658 | $2,647,593 | $2,327,934 | $1,229,164 | 75 | $2,117,391 | $1,669,564 | $1,813,224 |
| 2021 | $32,543,474 | $2,389,449 | $2,461,189 | $1,364,250 | 54 | $2,190,090 | $937,660 | $1,948,960 |
| 2020 | $32,565,266 | $-868,831 | $2,652,176 | $1,728,875 | 65 | — | — | $1,854,096 |
Under IRS private-foundation payout rules, Chase Foundation Mack C Chase Trustee reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available sources do not state a mission for the foundation. Its website says proceeds from its annual golf tournament benefit the Chase Foundation Scholarship Program, which provides scholarships for graduating seniors.
The 2024 grants include scholarships to universities and grants to schools, community organizations, a hospital foundation, and religious organizations. Artesia Classical Academy describes its mission as equipping students to be Christlike disciples and servant-leaders. Artesia General Hospital Foundation says it supports the hospital to improve wellness and quality of life in Artesia and surrounding communities. Artesia Arts Council says it encourages expression and learning through art and culture, while the Artesia Chamber of Commerce describes its work as advancing the civic, commercial, industrial, and agricultural interests of the Artesia trade territory.
Grantmaking
In 2024, the foundation reported 75 grants totaling $1,307,716. Grant amounts ranged from $1,750 to $206,000, with a median of $6,250. The largest awards included $206,000 to an individual recipient State University and $170,750 to Texas Tech University, both for scholarships; $100,000 to Artesia Classical Academy; $91,300 to Written in Red Foundation; and $82,667 to Artesia Public Schools.
The foundation’s website says its golf tournament proceeds benefit the scholarship program for graduating seniors. The 2024 filing states that the foundation does not restrict giving to preselected organizations. It directs applicants to application forms on its website and lists eligibility as graduating seniors from Artesia, an individual recipient, high school or prior award recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Richard Price as “EXECUTIVE DI” and Geren Ferguson, Robert Chase, Deb Chase, Richard Chase, and Karla Chase as advisors.
Chase Foundation Mack C Chase Trustee's 2024 filing lists 6 officers; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Deb Chase
Advisor
On filings since 2020
No compensation reported
Geren Ferguson
Advisor
On filings since 2020
No compensation reported
Karla Chase
Advisor
On filings since 2020
No compensation reported
Richard Chase
Advisor
On filings since 2020
No compensation reported
Richard Price
Executive Di
On filings since 2020
No compensation reported
Robert Chase
Advisor
On filings since 2020
No compensation reported
Former officers (6)
- Former: Brad Bartek (2020–2023) — Advisor
- Former: Chance Chase (2020–2023) — Advisor
- Former: Derek Chase (2020–2023) — Advisor
- Former: Johnny Knorr (2020–2023) — Advisor
- Former: Kortney Chase (2020–2023) — Advisor
- Former: Mack C. Chase (2020–2022) — Trustee & Advisor
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Chase Foundation Mack C Chase Trustee
How much does Chase Foundation Mack C Chase Trustee give each year?
Chase Foundation Mack C Chase Trustee gave $1.3M across 75 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.7M across 79 grants.
What is Chase Foundation Mack C Chase Trustee's typical grant size?
Chase Foundation Mack C Chase Trustee's median grant in 2024 was $6,250, and its average grant was $17,436, across 75 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Chase Foundation Mack C Chase Trustee that year got $12K on average.
Where does Chase Foundation Mack C Chase Trustee give grants?
Chase Foundation Mack C Chase Trustee gives mostly in New Mexico: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Texas (26%) and Wyoming (5%). The most frequent recipient cities were Artesia, NM (13 grants), San Antonio, TX (3 grants), Lubbock, TX (2 grants) and Dallas, TX (2 grants).
Does Chase Foundation Mack C Chase Trustee give general operating support?
Not in 2024: none of the 75 grants with a stated purpose on Chase Foundation Mack C Chase Trustee's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (59 grants) and "Grant" (15 grants).
Who are Chase Foundation Mack C Chase Trustee's largest grantees?
Chase Foundation Mack C Chase Trustee's largest 2024 grantees include Texas Tech University ($170,750), Artesia Classical Academy ($100,000) and Written in Red Foundation ($91,300), according to its 2024 IRS Form 990-PF. It also paid 12 individual scholarships ($353,000), which are not listed by name. Together they received 28% of its itemized 2024 grant dollars.
How large is Chase Foundation Mack C Chase Trustee?
Chase Foundation Mack C Chase Trustee reported $36.2M in total assets on its 2024 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $2.1M (roughly 5% of its investment assets).
What does Chase Foundation Mack C Chase Trustee fund?
The available sources do not state a mission for the foundation. Its website says proceeds from its annual golf tournament benefit the Chase Foundation Scholarship Program, which provides scholarships for graduating seniors. See mission & focus areas ↑
How do I apply for a grant from Chase Foundation Mack C Chase Trustee?
The filing directs applicants to the foundation’s application forms and lists the eligibility restrictions above. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Chase Foundation Mack C Chase Trustee's EIN?
Chase Foundation Mack C Chase Trustee's EIN (Employer Identification Number) is 36-7466258. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Chase Foundation Mack C Chase Trustee funds
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Cite this profile
Grantable. (2026). Chase Foundation Mack C Chase Trustee funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/chase-foundation-mack-c-chase-trustee-morg_73d37820cd564b2d9c8d275c74b70b19
BibTeX
@misc{grantable_367466258_2026,
author = {{Grantable}},
title = {{Chase Foundation Mack C Chase Trustee funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/chase-foundation-mack-c-chase-trustee-morg_73d37820cd564b2d9c8d275c74b70b19},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Chase Foundation Mack C Chase Trustee's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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