Estelle H Yates Foundation
- Assets
- $7.8m
- Revenue
- $828.8k
- Investments
- $7.2m
- Employees
- 0
- Location
- Artesia, NM
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-6185888
Organization Overview
Estelle H Yates Foundation is located in Artesia, NM. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Estelle H Yates Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Estelle H Yates Foundation generated $828.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Estelle H Yates Foundation has awarded 46 individual grants totaling $8,125,090. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peyton Yates Davis Trustee | 1 | $0 | |
Richard M Yates Trustee | 1 | $0 | |
Peyton Yates Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $40 |
| Dividends & Interest | $188,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $639,849 |
| Capital Gain Net Income | $639,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $828,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,596 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,441 |
| Contributions, gifts, grants paid | $1,655,500 |
| Total expenses and disbursements | $1,687,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,141 |
| Savings and temporary cash investments | $524,079 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,821,531 |
| Accounts payable and accrued expenses | $2,426 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,426 |
Grants Awarded
Over the last fiscal year, Estelle H Yates Foundation has awarded $1,655,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HAVEN OF HOPE INC PURPOSE: BUILDING CAMPAIGN | $1,000,000 |
ARTESIA PUBLIC SCHOOLS PURPOSE: CURRICULUM ENHANCEMENT GRANT | $444,000 |
PREGNANCY HELP CENTER OF ARTESIA PURPOSE: OPERATING FUNDS | $59,000 |
ARTESIA ARTS COUNCIL PURPOSE: GENERAL SUPPORT | $44,000 |
CITY OF ARTESIA PURPOSE: WOODBINE CEMETERY IMPROVEMENTS | $40,000 |
REGIONAL EMERGENCY DISPATCH AUTHORITY PURPOSE: SOFTWARE INTEGREATION-APS TO DISPATCH | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |