Frank W Yates Jr Family Foundation
- Assets
- $5.5m
- Revenue
- $198.9k
- Investments
- $5.4m
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 10/2017
- Data as of
- 12/2023
- EIN
- 81-4589026
Organization Overview
Frank W Yates Jr Family Foundation is located in Santa Fe, NM. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Frank W Yates Jr Family 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 12/2023, Frank W Yates Jr Family Foundation generated $198.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $278.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Frank W Yates Jr Family Foundation has awarded 312 individual grants totaling $1,608,621. 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 |
|---|---|---|---|
Tao Chumbley President & | 0 | $0 | |
Frances Moreau VP & Directo | 0 | $0 | |
Frank W Yates Jr Treasurer & | 0 | $0 | |
Mary F Yates Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $234,382 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$35,478 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $198,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,780 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $119 |
| Printing and publications | $0 |
| Other expenses | $1,635 |
| Total operating and administrative expenses | $9,505 |
| Contributions, gifts, grants paid | $269,000 |
| Total expenses and disbursements | $278,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $123,093 |
| 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 | $5,525,766 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Frank W Yates Jr Family Foundation has awarded $269,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
ALS ASSOCIATION PURPOSE: DONATION | $500 |
AOPA FOUNDATION PURPOSE: DONATION | $3,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: DONATION | $5,000 |
ADAPTIVE SPORTS PROGRAM OF NEW PURPOSE: DONATION | $2,000 |
ARTESIA BRIDGE SOBER LIVING PURPOSE: DONATION | $2,000 |
ARTESIA 4-H PURPOSE: DONATION | $1,000 |