The New Mexico State Capitol
Foundation Lookup

Form 990-PFTax year 2024EIN 46-0951214

PY Foundation

A private foundation in Artesia, NM. Its return for tax year 2024 lists 25 grants and $13.1 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Sep 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $13,094,941

    Grants listed
    25
    Assets, end of year
    $42,683,260

  • Tax year 2023

    $3,118,459

    Grants listed
    25
    Assets, end of year
    $53,446,282

  • Tax year 2022

    $2,553,515

    Grants listed
    22
    Assets, end of year
    $55,958,474

  • Tax year 2021

    $2,735,461

    Grants listed
    15
    Assets, end of year
    $57,141,824

  • Tax year 2020

    $6,269,648

    Grants listed
    9
    Assets, end of year
    $56,655,367

  • Tax year 2019

    $4,951,832

    Grants listed
    9
    Assets, end of year
    $60,400,626

  • Tax year 2018

    $3,517,491

    Grants listed
    15
    Assets, end of year
    $65,288,178

  • Tax year 2017

    $1,611,635

    Grants listed
    10
    Assets, end of year
    $67,533,299

Grants paid in 2024

25 grants, largest first

As listed on the return.

  1. Artesia Recreation Center FoundationArtesia, NM

    Construction

    $5,900,000
  2. Eddy County Fair AssociationCarlsbad, NM

    Construction

    $3,800,000
  3. SW Foundation for OsteopathicLas Cruces, NM

    Scholarship & SENM Dr incentive program

    $1,675,000
  4. Greater Artesia FoundationArtesia, NM

    Barrier systems for City of Artesia Police dept

    $404,996
  5. City of ArtesiaArtesia, NM

    First Responders Retention Bonuses

    $399,000
  6. Artesia Public SchoolsArtesia, NM

    Science Curriculum Enhancement

    $211,820
  7. West Texas Counseling & Guidance IncSan Angelo, TX

    Eddy County Programming

    $180,000
  8. Artesia Classical Academy IncArtesia, NM

    Operating grant

    $100,000
  9. Artesia MainStreet IncArtesia, NM

    Operating Grant

    $100,000
  10. Haven of Hope IncArtesia, NM

    Operating

    $100,000
  11. City of ArtesiaArtesia, NM

    TransAero Medivac membership for Eddy County

    $32,000
  12. Hagerman Municipal SchoolsHagerman, NM

    Community Garden Construction

    $28,000
  13. Chaves County CasaRoswell, NM

    Roswell NM flood relief

    $25,000
  14. Imagine New MexicoSanta Fe, NM

    NM Health Dashboard

    $25,000
  15. New Mexico Mounted PatrolArtesia, NM

    Training and Equipment

    $25,000
  16. Artesia Literacy CouncilArtesia, NM

    Operating Grant

    $22,500
  17. Inspired By ScienceCarlsbad, NM

    Summer Science Camp

    $14,850
  18. United way of Eddy CountyCarlsbad, NM

    Artesia Outreach Program

    $10,000
  19. Artesia Public SchoolsArtesia, NM

    Student Basic Necessities Funds

    $9,000
  20. Artesia Youth Soccer AssociationArtesia, NM

    Equipment

    $8,800
  21. San Angelo Area FoundationSan Angelo, TX

    Funders network event

    $7,500
  22. Artesia Public SchoolsArtesia, NM

    Book Vending Machines

    $6,000
  23. Cloudcroft Municipal SchoolsCloudcroft, NM

    Summer youth program

    $5,000
  24. Literacy Coalition of the Permian BasinMidland, TX

    Combat illiteracy in Eddy County

    $4,200
  25. Artesia Public SchoolsArtesia, NM

    Veterans Day shirts for students in program

    $1,275

Approved for future payment

8 grants

Approved in 2024 and not yet paid.

  1. Eddy County Fair AssociationCarlsbad, NM

    Construction

    $11,000,000
  2. University of Texas at AustinAustin, TX

    Cockrell Sch of Eng art $3.16M; Endw $1M

    $3,356,504
  3. SW Foundation for OsteopathicLas Cruces, NM

    Scholarship

    $800,000
  4. El Progreso LibraryUvalde, TX

    Renovations

    $500,000
  5. Artesia Public SchoolsArtesia, NM

    Science Curriculum Enhancement

    $132,146
  6. Carlsbad Lifehouse IncCarlsbad, NM

    Artesia sober living house purchase

    $100,000
  7. West Texas Counseling & Guidance IncSan Angelo, TX

    Eddy County Programming

    $60,000
  8. Artesia Literacy CouncilArtesia, NM

    Operating Grant

    $17,500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking3 grants $5,917,50050% of the total
  2. Arts and culture1 grant $3,800,00032% of the total
  3. Education4 grants $1,794,05015% of the total
  4. Mental health1 grant $180,0002% of the total
  5. Community development2 grants $125,0001% of the total
  6. Housing and shelter1 grant $100,000<1% of the total
  7. 1 other causes1 grant $8,800<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Mexico22 grants $12,903,241
  2. Texas3 grants $191,700

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Peyton YatesPresident Hours 20Pay $0
  • Hanson YatesVice President Hours 1Pay $0
  • Sandra BorgesSec/Treas/Executive Director Hours 40Pay $125,260
  • Nancy StallChief Financial Officer Hours 40Pay $121,252

The return

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