Private foundation (trust)EIN 460951214Est. 2014-10
PY Foundation
Artesia, NM 882111020
Total Assets
$74.8M
FY 2023
Annual Giving
$3.1M
FY 2023
Grants Made
25
FY 2023
Avg Grant
$125K
FY 2023
Grant Range
$500–$500K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$1.1MMultipurpose livestock buildingEddy County Fair Association is preparing to build a Multipurpose Livestock Building at the Eddy County Fairgrounds. PY Foundation has committed to pay the costs of architectural design, the owners' representative fees, CMAR pre-construction fees, surveying and engineering costs, and Geotech testing.
Program 2
$348KArtesia Recreation Center FoundationPY Foundation is covering the cost of design and engineering for the construction of a recreation center that will be donated to the City of Artesia once completed. This will be a public facility to replace the City's current recreation center, built in 1980, that has multiple structural issues and is too small to adequately meet the community's needs. PY Foundation also covered start-up costs for the Artesia Recreation Center Foundation as well as costs to research recreation centers in other cities.
Program 3
$71KCapacity building for all local nonprofitsPY Foundation continues to increase local nonprofit organizations' capability to operate by providing continuing education to staff and boards. They provided quarterly two-day classes by the University of Texas as well as some one-on-one training for a start-up board. PY Foundation provided a contract employee to Artesia MainStreet to help with their Arts & Cultural District and aided several small nonprofits with website design, bookkeeping and tax filings.
Program 4
$15KWomen for a Better ArtesiaPY Foundation holds a quarterly luncheon to empower the women of Artesia through educational, networking and volunteer opportunities that help make Artesia, NM a better place to live.
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$2.7M
Total Expenses
$5.2M
Qualifying Distributions
$4.7M
Distributable Amount
$3.4M
Min. Investment Return
$3.5M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
25 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
6 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
105 grants
Grant Size Distribution
105 grants
Geographic Focus
2 states
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