The Estelle H Yates Foundation
The Estelle H Yates Foundation is a private foundation based in Artesia, New Mexico. Its 2025 grants supported organizations and projects in education, arts and culture, early learning, and other charitable work, with most grant dollars going to recipients in New Mexico.
The Estelle H Yates Foundation at a glance
In short: The Estelle H Yates Foundation gave $668K across 12 grants in 2025 (avg $56K), mostly in New Mexico. 45% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $667,541
- -75.4% vs 2024
- Grants made (2025)
- 12
- +0.0% vs 2024
- Average grant
- $55,628
- -75.4% vs 2024
- Median grant
- $40,000
- Total assets
- $1,146,238
- -36.7% vs 2024
- New grantees (estimate)
- 45% first-time grantees (5 of 11, 2025; small sample)
- Primary geography
- New Mexico (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Estelle H Yates Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 1020, Artesia, NM 88211-1020
Phone: (575) 736-6702
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Estelle H Yates Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Artesia Public Schools ($216K). Together the top 10 received $663K.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 30 grants of 57 (53%).
Geographic Focus
Where this funder awards grants
In 2025, 98% of grant dollars went to recipients in New Mexico, 1% to Texas, and 1% to Colorado. The foundation’s 2025 grants included recipients in Artesia, Roswell, and Santa Fe, New Mexico; Midland, Texas; and Creede, Colorado.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
Cities
Is The Estelle H Yates Foundation open to new grantees?
45%
first-time grantees, 2025
In 2025, 5 of 11 grantees (45%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $35K; repeat grants $82K. How we count
Medians: $30K first-time, $75K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving fell 47% from 2022 to 2025. Method
- In 2025 it paid out 738% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2025, annual grant giving ranged from $668K (2025) to $2.8M (2023). In 2025 it made 12 grants totaling $668K.
Grants by year
Grant recipients and amounts by year
| 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 |
Ready to take the next step with The Estelle H Yates Foundation?
Financial History
Multi-year comparison from IRS filings
In its 2024 filing, the foundation reported that grants paid during the year exceeded 25% of its net assets at the beginning of the taxable year. It said that although it technically experienced a “substantial contraction,” it would continue in existence and had no immediate plans for dissolution.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,146,238 | $29,188 | $694,598 | $667,541 | 12 | $674,741 | $51,891 | $91,485 |
| 2024 | $1,811,648 | $422,189 | $2,787,595 | $2,711,604 | 12 | $2,774,119 | $410,239 | $164,783 |
| 2023 | $4,177,054 | $357,182 | $2,942,495 | $2,765,057 | 18 | $2,925,088 | $339,775 | $301,057 |
| 2022 | $6,762,367 | $257,123 | $1,313,861 | $1,251,250 | 6 | $1,267,993 | $230,407 | $392,418 |
| 2021 | $7,821,531 | $828,799 | $1,687,941 | $1,655,500 | 9 | $1,658,734 | $802,326 | $463,734 |
| 2020 | $8,678,247 | $183,504 | $1,362,830 | $1,332,311 | 11 | — | $229,863 | $505,711 |
| 2019 | $9,857,573 | $120,457 | $948,370 | $914,135 | 5 | — | $274,164 | $532,481 |
Under IRS private-foundation payout rules, The Estelle H Yates Foundation reported a distributable amount of $91K for 2025 — 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 foundation’s stated charitable purpose is to make grants for the charitable purposes listed for each grant. Its 2025 giving included teacher training and curriculum enhancement, arts programming, operating support, and projects in learning, literacy, and hearing diagnostics.
The grantees’ own descriptions illustrate the kinds of organizations supported. Artesia Arts Council says its mission is to encourage expression and learning through art and culture for all ages in Southeast New Mexico. New Mexico School for the Arts says it helps passionate young artists develop their potential through arts and academic education. Assurance Home describes itself as a group home for abused and neglected children, while the Literacy Coalition of the Permian Basin says it works to improve literacy in the region.
Grantmaking
In 2025, the foundation reported 12 grants totaling $667,541. Grants ranged from $4,500 to $216,000, with a median grant of $40,000.
The largest 2025 awards included $216,000 to Artesia Public Schools for teacher training and curriculum enhancement; $102,368 to Artesia Arts Council for operating support; $100,000 to Little Castle Learning & Development Center for operating support; $68,200 to Pregnancy Help Center for operating support; and $65,914 to National Dance Institute for its SENM Program. Other awards included $50,000 to New Mexico School for the Arts for its Artesia Outreach Program and $30,000 to New Mexico School for the Deaf for an infant hearing diagnostic project.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Peyton Yates, Richard M Yates, and Peyton Yates Davis as trustees.
The Estelle H Yates Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peyton Yates
Trustee
On filings since 2019
1 hr/week
No compensation reported
Peyton Yates Davis
Trustee
On filings since 2019
No compensation reported
Richard M Yates
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 The Estelle H Yates Foundation
How much does The Estelle H Yates Foundation give each year?
The Estelle H Yates Foundation gave $668K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.7M across 12 grants.
What is The Estelle H Yates Foundation's typical grant size?
The Estelle H Yates Foundation's median grant in 2025 was $40,000, and its average grant was $55,628, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Estelle H Yates Foundation that year got $35K on average.
Where does The Estelle H Yates Foundation give grants?
The Estelle H Yates Foundation gives mostly in New Mexico: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Artesia, NM (5 grants), Santa Fe, NM (3 grants) and Roswell, NM (2 grants).
Does The Estelle H Yates Foundation give general operating support?
Yes: 25% of The Estelle H Yates Foundation's 2025 grants with a stated purpose (3 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Estelle H Yates Foundation's largest grantees?
The Estelle H Yates Foundation's largest 2025 grantees include Artesia Public Schools ($216,000), Artesia Arts Council ($108,368 across 2 grants) and Little Castle Learning & Development Center ($100,000), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.
How large is The Estelle H Yates Foundation?
The Estelle H Yates Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $675K in qualifying distributions that year, against a required minimum of $91K (roughly 5% of its investment assets).
What does The Estelle H Yates Foundation fund?
The foundation’s stated charitable purpose is to make grants for the charitable purposes listed for each grant. Its 2025 giving included teacher training and curriculum enhancement, arts programming, operating support, and projects in learning, literacy, and hearing diagnostics. See mission & focus areas ↑
How do I apply for a grant from The Estelle H Yates Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Estelle H Yates Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 19, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 31, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). The Estelle H Yates Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-estelle-h-yates-foundation-morg_4269f684b35d41e49aa3e90a2baf0ed3
BibTeX
@misc{grantable_276185888_2026,
author = {{Grantable}},
title = {{The Estelle H Yates Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-estelle-h-yates-foundation-morg_4269f684b35d41e49aa3e90a2baf0ed3},
note = {Accessed 2026-10-15. 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 The Estelle H Yates Foundation'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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