ARTESIA, NM
Py Foundation
Quick Facts
- EIN
- 460951214
- Location
- ARTESIA, NM
- Category
- Philanthropy & Grantmaking
- Total Assets
- $53.4M
- Annual Income
- $6.1M
- IRS Ruling Year
- 2014
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Py Foundation is a private corporation based in ARTESIA, NM. The foundation received its IRS ruling in 2014. It holds total assets of $53.4M. Annual income is reported at $6.1M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$4.3M
2022+9%
Total Assets
$56M
2022-2%
Fair Market Value
$69.9M
2022
Net Worth
$56M
2022
Grants Paid
$2.6M
2022
Contributions
$0
2022
Net Investment Income
$2.6M
2022
Distribution Amount
$3.4M
2022
Total Giving by Year
$759K
12$492K
13$881K
14$4.2M
18$6.1M
19$7.7M
20$3.9M
21$4.3M
22Asset Growth
$22M
12$21.3M
13$21.1M
14$65.3M
18$60.4M
19$56.5M
20$57.1M
21$56M
22Investment Portfolio (2022)
Total: $30M
Corporate Stock: $30M
Other Investments: $20.5M
Cash: $110K
Corporate Stock (59%)
Other Investments (41%)
Cash (0%)
Expense Breakdown (2022)
Grants Paid$2.6M
Officer Compensation$232K
Travel & Conferences$101K
Pension & Benefits$74K
Occupancy$25K
Accounting Fees$23K
Legal Fees$7K
Revenue Sources (2022)
- Capital Gains (Net)
- $1.6M
- Dividends
- $1.1M
- Other Income
- $362K
Financial Details (2022)
- Total Revenue
- $3.1M
- Total Expenses
- $4.3M
- Exempt Purpose Expenses
- $3.7M
- Required Distribution
- $3.4M
- Undistributed Income
- $0
- Grants Approved (Future)
- $1.8M
- Total Liabilities
- $1
- Excise Tax
- $36K
Foundation Classification (2022)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$8M
Average Grant
$160K
Median Grant
$56K
Total Giving by Year
$5.5M (28 grants)
22$2.6M (22 grants)
23Grant Range
Min$300
Max$800K
Median: $56K
Smallest grantLargest grant
Openness to New Grantees (2023)
36%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
NM: $8M (48)
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
TX: $26K (2)
NM$8M (48)
TX$26K (2)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sw Foundation For Osteopathic Education2023 scholarships | Las Cruces, NM | $800K | 2023 |
| City Of ArtesiaFirst Responder Retention | Artesia, NM | $460K | 2023 |
| Haven Of Hope IncOperating Grant | Artesia, NM | $346K | 2023 |
| Artesia Public SchoolsScience Department Enhancement | Artesia, NM | $230K | 2023 |
| Artesia Mainstreet IncOperating Grant | Artesia, NM | $200K | 2023 |
| Artesia Classical Academy IncOperating Grant | Artesia, NM | $100K | 2023 |
| Boy Scouts Of America - Philmont Scout RanchOperating Grant | Cimarron, NM | $100K | 2023 |
| Boy Scouts Of America - Philmont Scout RanchFire restoration and mitigation | Cimarron, NM | $100K | 2023 |
| Artesia General Hospital FoundationCT Scan Scenaria View Project | Artesia, NM | $52K | 2023 |
| Artesia Classical Academy IncDesign Commencement 25% | Artesia, NM | $44K | 2023 |
| Inspired By ScienceSTEM summer camps at APS in July 2023 | Carlsbad, NM | $23K | 2023 |
| City Of ArtesiaTransAero Eddy County Membership | Artesia, NM | $20K | 2023 |
| Haven Of Hope IncFacility Construction | Artesia, NM | $20K | 2023 |
| El Progreso LibraryArchitectural design for library renov/expansion | Uvalde, TX | $18K | 2023 |
| City Of ArtesiaSenior Center Renovation | Artesia, NM | $10K | 2023 |
| New Mexico Mounted PatrolEquipment & Training | Artesia, NM | $9K | 2023 |
| San Angelo Area FoundationPermian Area Funders Network Midland 4/12/23 | San Angelo, TX | $8K | 2023 |
| Artesia Public SchoolsStudent Basic Needs | Artesia, NM | $7K | 2023 |
| Artesia Literacy CouncilOperating Grant | Artesia, NM | $6K | 2023 |
| Greater Artesia FoundationWomen for a Better Artesia | Artesia, NM | $600 | 2023 |
| Artesia Public SchoolsEnrichment Trip Fuel & Driver costs | Artesia, NM | $353 | 2023 |
| Haven Of Hope IncResidents' Mothers' Day gifts | Artesia, NM | $300 | 2023 |
| Sw Foundation For Osteopathic EducationScholarship program for medical students | Las Cruces, NM | $800K | 2022 |
| Sw Foundation For Osteopathic EducationScholarship program for medical students | Las Cruces, NM | $800K | 2022 |
| Haven Of Hope IncOperating & Facility Construction | Artesia, NM | $604K | 2022 |
| Haven Of Hope IncOperating & Facility Construction | Artesia, NM | $604K | 2022 |
| City Of Artesia1st Responders Retention Bonuses, Equipment | Artesia, NM | $511K | 2022 |
| City Of Artesia1st Responders Retention Bonuses, Equipment | Artesia, NM | $511K | 2022 |
| Boy Scouts Of AmericaPhilmont Boy Scout Ranch Operating & Fire mitigation | Cimarron, NM | $200K | 2022 |
| Boy Scouts Of AmericaPhilmont Boy Scout Ranch Operating & Fire mitigation | Cimarron, NM | $200K | 2022 |
| Artesia General Hospital FoundationRenovation of space for new CT Scan | Artesia, NM | $156K | 2022 |
| Artesia General Hospital FoundationRenovation of space for new CT Scan | Artesia, NM | $156K | 2022 |
| Artesia Public SchoolsAuto mechanics, Science Curriculum Enhancement, Basic Needs | Artesia, NM | $105K | 2022 |
| Artesia Public SchoolsAuto mechanics, Science Curriculum Enhancement, Basic Needs | Artesia, NM | $105K | 2022 |
| Artesia Mainstreet IncOperating | Artesia, NM | $100K | 2022 |
| Artesia Classical Academy IncUnrestricted | Artesia, NM | $100K | 2022 |
| Artesia Classical Academy IncUnrestricted | Artesia, NM | $100K | 2022 |
| Artesia Mainstreet IncOperating | Artesia, NM | $100K | 2022 |
| Changing Lives Coalition IncServices for at-risk youth | Artesia, NM | $56K | 2022 |
| Changing Lives Coalition IncServices for at-risk youth | Artesia, NM | $56K | 2022 |
| Carlsbad Lifehouse IncDetox Program | Carlsbad, NM | $50K | 2022 |
| Carlsbad Lifehouse IncDetox Program | Carlsbad, NM | $50K | 2022 |
| New Mexico Mounted PatrolEquipment & training for volunteer 1st responders | Artesia, NM | $21K | 2022 |
| New Mexico Mounted PatrolEquipment & training for volunteer 1st responders | Artesia, NM | $21K | 2022 |
| Lake Arthur Municipal SchoolsCTE -Welding Certificate Program | Lake Arthur, NM | $12K | 2022 |
| Lake Arthur Municipal SchoolsCTE -Welding Certificate Program | Lake Arthur, NM | $12K | 2022 |
| University Of The SouthwestMatching grant | Hobbs, NM | $10K | 2022 |
| University Of The SouthwestMatching grant | Hobbs, NM | $10K | 2022 |
| Inspired By ScienceSummer science camp | Carlsbad, NM | $7K | 2022 |
| Inspired By ScienceSummer science camp | Carlsbad, NM | $7K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-09 | 990PF | View Filing |
| 2022-09 | 990PF | View Filing |
| 2021-09 | 990PF | View Filing |
| 2020-09 | 990PF | View Filing |
| 2018-09 | 990PF | View Filing |
| 2017-09 | 990PF | View Filing |
| 2016-09 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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