SP & Estelle Yates Family Foundation

ARTESIA, NM EIN: 85-0434556

SP & Estelle Yates Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARTESIA, NM. IRS filing data is available from 2020 through 2022. In 2022, it awarded 16 grants totaling $5.1M. Net investment income was $99K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$5.1M

+419.4% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$322K

+387.0% YoY

Under IRS private-foundation payout rules, SP & Estelle Yates Family Foundation reported a distributable amount of $184K for 2022 — the minimum it must pay out in qualifying distributions.

About SP & Estelle Yates Family Foundation

Based on IRS filings

SP & Estelle Yates Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARTESIA, NM. IRS filing data is available from 2020 through 2022. In 2022, it awarded 16 grants totaling $5.1M. Net investment income was $99K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AnchorageArtesiaCarlsbadClaymontErieFarmingtonLubbockNiwotPalm SpringsRoswellSan AngeloSanta Fe

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M202020212022
Metric202220212020
Total Assets$5,153,222$5,929,381
Revenue$120,621$305,470$229,725
Expenses$5,271,823$1,083,649$1,157,002
Qualifying Distributions$5,245,678$1,057,865
Net Investment Income$99,470$281,570$202,955
Distributable Amount$183,813$321,116$352,304

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M15 grants202015 grants202116 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

Lakeview Christian Home …$2.2MArtesia Public Schools$1.9MHaven of Hope Inc$259KWest Texas Counseling & …$244KArtesia Arts Council$134KNational Dance Institute$131KGrammy's House$128KLittle Castle Learning &…$84KCarlsbad LifeHouse Inc$52KWitness Inc$5K

Grant Size Distribution

46 grants across all recorded years

21<$50K13$50–100K7$100–250K3$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Lakeview Christian Home of the Southwest Inc ($2,200,000), Artesia Public Schools ($1,897,781), Haven of Hope Inc ($259,434).

RecipientPurposeAmount
The Community of Poor Clares of New Mexico Inc Roswell, NMGeneral operating support$1,000
Assurance Home Inc Roswell, NMGeneral operating support$1,500
St Vincent de Paul Artesia, NMFood pantry$1,500
The Food Depot Santa Fe, NMGeneral operating support$2,500
Sexual Assault Services of NM Farmington, NMSalary for SANE coordinator$2,500
City of Champions Inc Artesia, NMGeneral operating support$3,500
Witness Inc Claymont, DEGeneral operating support$5,000
Carlsbad LifeHouse Inc Carlsbad, NMArtesia sober living$52,000
Little Castle Learning & Development Center Artesia, NMGeneral operating support$84,328
Grammy's House Artesia, NMGeneral operating support$128,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

Suzanne HammerSecretary$46K

From 2022 filing

NameTitleHoursCompensation
Mary Beth YatesPresident1
Jennifer PetersonPresident Elect1
Peyton YatesVice President1
Pam HornerTreasurer1
Suzanne HammerSecretary1$45,700
Kenneth ClaytonDirector1
Danny ParkerDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is SP & Estelle Yates Family Foundation?

SP & Estelle Yates Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARTESIA, NM. It holds — in total assets as of 2022.

Where does SP & Estelle Yates Family Foundation operate?

SP & Estelle Yates Family Foundation has awarded grants in Arkansas, California, Colorado, Delaware, New Mexico, Pennsylvania, Texas.

What size grants does SP & Estelle Yates Family Foundation award?

In 2022, SP & Estelle Yates Family Foundation awarded 16 grants totaling $5.1M — an average of about $322K per grant, based on its IRS Form 990 filings.

How much is SP & Estelle Yates Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, SP & Estelle Yates Family Foundation reported a distributable amount of $184K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is SP & Estelle Yates Family Foundation's EIN?

SP & Estelle Yates Family Foundation's EIN (Employer Identification Number) is 85-0434556. IRS Form 990 filing data is available on this page for 2020–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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