SP & Estelle Yates Family Foundation
The SP & Estelle Yates Family Foundation was a private foundation based in Artesia, New Mexico. Its 2022 filing is marked as a final return: the foundation reported that it terminated on December 31, 2022, after distributing all of its net assets to public charity grantees. It therefore appears to have wound down and stopped grantmaking.
SP & Estelle Yates Family Foundation at a glance
In short: SP & Estelle Yates Family Foundation gave $5.1M across 16 grants in 2022 (avg $322K), mostly in New Mexico. 38% of 2022 grantees were new. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $5,147,671
- +419.4% vs 2021
- Grants made (2022)
- 16
- +6.7% vs 2021
- Average grant
- $321,729
- +387.0% vs 2021
- Median grant
- $68,164
- New grantees (estimate)
- 38% first-time grantees (6 of 16, 2022; small sample)
- Primary geography
- New Mexico (95% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to SP & Estelle Yates Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. Its final filing reports that the foundation terminated in 2022.
- Contact
Mailing address: 101 South 4Th Street B, Artesia, NM 88210
Phone: (575) 736-6702
Website: https://www.yatesfamilyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who SP & Estelle Yates Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
The largest 2022 recipient was Lakeview Christian Home of the Southwest Inc ($2.2M). Together the top 10 received $5.1M.
Grant Size Distribution
60 grants across all recorded years
The most common grant size was under $50K: 29 grants of 60 (48%).
Geographic Focus
Where this funder awards grants
The 2022 grant dollars were reported as 95% to recipients in New Mexico, 5% in Texas, and less than 1% in Delaware. The listed grants include support for organizations in Artesia, Carlsbad, and Santa Fe, New Mexico, as well as San Angelo, Texas, and Claymont, Delaware.
Grant Distribution by State
Share of 2022 grant dollars across all 16 itemized grants.
Cities
Is SP & Estelle Yates Family Foundation open to new grantees?
38%
first-time grantees, 2022
In 2022, 6 of 16 grantees (38%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $417K; repeat grants $264K. How we count
Medians: $28K first-time, $106K repeat.
- 50% of 2022 grantees were also funded in 2021. Method
- Giving grew 784% from 2019 to 2022. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2022). 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 2019 to 2022, annual grant giving ranged from $582K (2019) to $5.1M (2022). In 2022 it made 16 grants totaling $5.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lakeview Christian Home of the Southwest Inc Carlsbad, NM | General operating support | $2,200,000 |
| Artesia Public Schools Artesia, NM | Choir/Band/Auditorium renovations | $1,897,781 |
| Haven of Hope Inc Artesia, NM | Operating support | $259,434 |
| West Texas Counseling & Guidance Inc San Angelo, TX | Artesia counseling services | $244,000 |
| Artesia Arts Council Artesia, NM | Operating support, salaries, security system | $133,800 |
| National Dance Institute Santa Fe, NM | Artesia programming | $130,828 |
| Grammy's House Artesia, NM | General operating support | $128,000 |
| Little Castle Learning & Development Center Artesia, NM | General operating support | $84,328 |
| Carlsbad LifeHouse Inc Carlsbad, NM | Artesia sober living | $52,000 |
| Witness Inc Claymont, DE | General operating support | $5,000 |
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Financial History
Multi-year comparison from IRS filings
The 2022 filing reported 16 grants.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | — | $120,621 | $5,271,823 | $5,147,671 | 16 | $5,245,678 | $99,470 | $183,813 |
| 2021 | $5,153,222 | $305,470 | $1,083,649 | $991,046 | 15 | $1,057,865 | $281,570 | $321,116 |
| 2020 | $5,929,381 | $229,725 | $1,157,002 | $1,066,513 | 15 | — | $202,955 | $352,304 |
| 2019 | $6,856,658 | $89,257 | $712,358 | $582,192 | 14 | — | $188,658 | $373,590 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The 2022 filing describes capacity-building work intended to help grantees become more stable, stronger, and more diversely funded, including tools to help them thrive after the foundation’s support ended.
The grants listed show support for organizations working in areas including education, arts and culture, counseling, housing, domestic violence services, mental health and substance-abuse care, and food access. For example, Haven of Hope says it provides housing, mentoring, financial planning, and community-resource access to single mothers and their children. Grammy’s House says it supports victims of domestic violence through advocacy, education, and empowerment. The Food Depot says it works with partners to foster healthy communities and create a hunger-free New Mexico. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2022, the foundation gave 16 grants totaling $5,147,671. Grant amounts ranged from $1,000 to $2,200,000, with a median grant of $68,164. The filing states that final distributions were made in cash and completed by December 13, 2022.
Among the largest 2022 grants were $2,200,000 to Lakeview Christian Home of the Southwest for general operating support and $1,897,781 to Artesia Public Schools for choir, band, and auditorium renovations. Other grants included $259,434 to Haven of Hope for operating support; $244,000 to West Texas Counseling & Guidance for Artesia counseling services; $133,800 to Artesia Arts Council for operating support, salaries, and a security system; and $130,828 to National Dance Institute for Artesia programming.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2022 filing listed Mary Beth Yates as President, Jennifer Peterson as President Elect, Peyton Yates as Vice President, Pam Horner as Treasurer, and Suzanne Hammer as Secretary. It also listed Kenneth Clayton and Danny Parker as directors.
SP & Estelle Yates Family Foundation is led by Mary Beth Yates, President on every filing since 2019; 1 of 7 officers listed in 2022 is compensated.
Officers on the 2022 filing
Mary Beth Yates
President
On filings since 2019
1 hr/week
No compensation reported
Danny Parker
Director
On filings since 2019
1 hr/week
No compensation reported
Kenneth Clayton
Director
On filings since 2019
1 hr/week
No compensation reported
Suzanne Hammer
Secretary
On filings since 2019
1 hr/week
$48K (2019) → $46K (2022)
Jennifer Peterson
President Elect
On filings since 2019
1 hr/week
No compensation reported
Pam Horner
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Peyton Yates
Vice President
On filings since 2019
1 hr/week
No compensation reported
Former officers (2)
- Former: Julie Meabon Gibson (2019–2021) — Director
- Former: Mary Yates Davis (2019) — Vice President
Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $46K, to Suzanne Hammer (Secretary).
Frequently asked questions about SP & Estelle Yates Family Foundation
How much does SP & Estelle Yates Family Foundation give each year?
SP & Estelle Yates Family Foundation gave $5.1M across 16 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $991K across 15 grants.
What is SP & Estelle Yates Family Foundation's typical grant size?
SP & Estelle Yates Family Foundation's median grant in 2022 was $68,164, and its average grant was $321,729, across 16 grants on its 2022 IRS Form 990-PF. Organizations receiving their first grant from SP & Estelle Yates Family Foundation that year got $417K on average.
Where does SP & Estelle Yates Family Foundation give grants?
SP & Estelle Yates Family Foundation gives mostly in New Mexico: 95% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Artesia, NM (7 grants), Carlsbad, NM (2 grants), Santa Fe, NM (2 grants) and Roswell, NM (2 grants).
Does SP & Estelle Yates Family Foundation give general operating support?
Yes: 63% of SP & Estelle Yates Family Foundation's 2022 grants with a stated purpose (10 of 16) were for general or operating support, per its 2022 IRS Form 990-PF.
Who are SP & Estelle Yates Family Foundation's largest grantees?
SP & Estelle Yates Family Foundation's largest 2022 grantees include Lakeview Christian Home of the Southwest Inc ($2,200,000), Artesia Public Schools ($1,897,781) and Haven of Hope Inc ($259,434), according to its 2022 IRS Form 990-PF. Together they received 85% of its itemized 2022 grant dollars.
What does SP & Estelle Yates Family Foundation fund?
The 2022 filing describes capacity-building work intended to help grantees become more stable, stronger, and more diversely funded, including tools to help them thrive after the foundation’s support ended. See mission & focus areas ↑
How do I apply for a grant from SP & Estelle Yates Family Foundation?
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2022.
Does SP & Estelle Yates Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 12, 2020)
- IRS filings on file for fiscal years 2020–2022
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