The Estelle H Yates Foundation
The Estelle H Yates Foundation is a private independent foundation based in Artesia, New Mexico. Established in 2009 and designated as a 501(c)(3) organization, the foundation operates as a family foundation focused on philanthropic grantmaking and charitable activities.
Key facts about The Estelle H Yates Foundation
- EIN
- 27-6185888
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $667,541
- Grants made (2025)
- 12
- Average grant
- $55,628
- Median grant
- $40,000
- Primary geography
- New Mexico (98% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Estelle H Yates Foundation funds
By grant dollars, the top recipient states for The Estelle H Yates Foundation's 12 itemized 2025 grants were New Mexico (98%). The most frequent recipient cities were Artesia, NM (5 grants), Santa Fe, NM (3 grants) and Roswell, NM (2 grants). 25% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$668K
-75.4% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$56K
-75.4% YoY
Mission & Focus Areas
The foundation's stated purpose is to provide funding to further its charitable purposes. Based on recent grantmaking activity, the foundation has demonstrated particular interest in:
- Cemetery improvements and renovations
- Education and curriculum enhancement
- Arts and cultural programming
- Early childhood development and learning centers
- Public safety infrastructure
- Community facilities and infrastructure projects
Grantmaking
The foundation is an active grantmaker with significant annual distribution levels. Recent grantmaking data shows:
Grant Range
**: Awards vary considerably, from smaller grants to major project funding
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Geographic Focus
Where this funder awards grants
The foundation primarily supports initiatives in New Mexico, with documented funding activity in cities including Artesia, Albuquerque, Roswell, Santa Fe, and Silver City. The foundation has also made grants in Baltimore, Maryland, and has supported work in Colorado and Texas.
Grant Distribution by State
Share of all 12 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $1,811,648
- Total Revenues: $422,189
- Total Expenses: $2,787,595
- Total Giving: $2,711,604
Prior Year Data (2023):
- Total Assets: $4,177,054
- Total Revenues: $357,182
- Total Expenses: $2,942,495
The foundation maintains an expense ratio significantly above 100%, indicating it distributes substantially more in grants annually than it receives in revenue, drawing on its asset base.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Artesia Public Schools ($216,000), Artesia Arts Council ($108,368 across 2 grants), Little Castle Learning & Development Center ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Artesia Public Schools Artesia, NM | Teacher Training & Curriculum Enhancement | $216,000 |
| Artesia Arts Council Artesia, NM | Operating | $102,368 |
| Little Castle Learning & Development Center Artesia, NM | Operating | $100,000 |
| Pregnancy Help Center Artesia, NM | Operating | $68,200 |
| National Dance Institute Santa Fe, NM | SENM Program | $65,914 |
| New Mexico School for the Arts Santa Fe, NM | Artesia Outreach Program | $50,000 |
| New Mexico School for the Deaf Santa Fe, NM | Infant Hearing Diagnostic Project | $30,000 |
| Assurance Home Inc Roswell, NM | Art therapy and residence program | $12,859 |
| Literacy Coalition of the Permian Basin Midland, TX | Books for Hagerman Students' summer program | $6,700 |
| Artesia Arts Council Artesia, NM | Missoula Children's Theater | $6,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by trustees who serve without compensation:
- Peyton Yates
- Richard M Yates
- Peyton Yates Davis
The foundation is named after Estelle Hefler Yates (1918–2013), who was buried in Woodbine Cemetery in Artesia, New Mexico.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peyton Yates | Trustee | 1 | — |
| Richard M Yates | Trustee | — | — |
| Peyton Yates Davis | Trustee | — | — |
Contact Information
- Address: PO Box 1020, Artesia, NM 88211-1020
- Telephone: 575-736-6702
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Estelle H Yates Foundation fund?
The foundation's stated purpose is to provide funding to further its charitable purposes. Based on recent grantmaking activity, the foundation has demonstrated particular interest in: • Cemetery improvements and renovations • Education and curriculum enhancement • Arts and cultural programming • Early childhood development and learning centers • Public safety infrastructure • Community facilities and infrastructure projects
How do I apply for a grant from The Estelle H Yates Foundation?
The foundation is an active grantmaker with significant annual distribution levels. Recent grantmaking data shows: • **2024 Activity**: 18 grants awarded totaling approximately $2.7 million • **2023 Activity**: Expenses of $2.94 million • **Grant Range**: Awards vary considerably, from smaller grants to major project funding • **Recent Recipients**: Grantees have included Artesia Public Schools, Artesia Arts Council, and Little Castle Learning and Development Center Notable recent grants includ…
Where does The Estelle H Yates Foundation make grants?
The foundation primarily supports initiatives in New Mexico, with documented funding activity in cities including Artesia, Albuquerque, Roswell, Santa Fe, and Silver City. The foundation has also made grants in Baltimore, Maryland, and has supported work in Colorado and Texas.
What size grants does The Estelle H Yates Foundation award?
In 2025, The Estelle H Yates Foundation awarded 12 grants totaling $668K — an average of about $56K per grant, based on its IRS Form 990 filings.
What is The Estelle H Yates Foundation's EIN?
The Estelle H Yates Foundation's EIN (Employer Identification Number) is 27-6185888. IRS Form 990 filing data is available on this page for 2019–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.