Chase Foundation

Private foundation · EIN 36-7466258 · since 2010chasefoundation.com·New Mexico, Texas·Updated 13 October 2026

At a glance

$1.3M
Annual giving, 2024 tax year
From the Form 990-PF filing
$2,750 to $32,500
Grant range
From grants in the 990-PF filings
$6,250
Typical grant (median)
75 grants in the latest filing
Open to applications
Fixed application deadlines · unsolicited applications welcome

Key takeaways

  • Chase Foundation's stated geographic focus is New Mexico and West Texas, and it supports charitable organisations in education, substance abuse, domestic violence, community enhancement, charity infrastructure, youth initiatives and emergency human services, so check your work against these first.
  • It does not fund operational expenses of established programmes, political or lobbying activity, ticketed events, international organisations, projects without five years of sustainability, or non-charitable organisations as determined by the IRS, and it excludes interests or programmes detrimental to the oil and gas industry.
  • Most of its grants fall between $2,750 and $32,500, with a median of $5,500 and half of grants at $5,500 or less, so a modest, well-costed request fits, though its largest grant was about $335,000 and that band is typical rather than a limit.
  • Applications may be sent at any time through the Grant Application link on its website, but the board reviews them quarterly on the second Tuesday of March, June, September and December, and they must be received four weeks before the meeting.
  • Repeat funding is strong, with 88% of its grant dollars going to organisations it had funded in earlier filings, so a new applicant should expect a relationship-led process and should show multi-agency work, wide community support and sustainability.

Overview

Chase Foundation is a US private foundation based in Artesia, NM.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

The Chase Foundation supports tax-exempt charitable organisations in New Mexico and West Texas; in selected cases, it considers projects sponsored by governmental entities. It prioritises projects involving joint efforts of multiple agencies, wide community support and demonstrated sustainability. Its focus areas are pre-school through 12th-grade education, college education, substance abuse, domestic violence, community enhancement, charity infrastructure, youth initiatives, and emergency and critical human services. It looks for strategic planning to maximise positive results in its primary focus areas, and for high-impact ideas whose results can be measured within three to five years. Grant amounts reflect an organisation's needs and the Foundation's desire to see other individual and community support for the project.

Themes

  • Education
  • Substance abuse
  • Domestic violence
  • Community enhancement
  • Charity infrastructure
  • Youth initiatives
  • Emergency human services

Geographic Focus

New Mexico; West Texas.

What They Don't Fund

  • Loans to individuals
  • Interests or programs detrimental to the oil & gas industry
  • Operational expenses of established programs
  • Non-charitable organizations through IRS determination
  • International organizations
  • Political or lobbying activities
  • Ticketed events
  • Outside geographic area
  • Projects that do not have sustainability for a 5 year period

How to apply

Applications may be submitted at any time using the Grant Application link on the Grants page. The board reviews requests quarterly, on the second Tuesday of March, June, September and December; applications must be received four weeks before the scheduled meeting.

Deadlines: Applications must be received four weeks before each scheduled quarterly meeting.

Application success factors

  • Repeat giving: In its TY2024 filing, 88% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 229 grants to organisations were $5,500 or less.

What the foundation says:

  • It prioritises projects involving joint efforts of multiple agencies, wide community support and demonstrated sustainability.
  • It looks for strategic planning that maximises positive results in its primary focused areas.
  • It seeks high-impact ideas that can make a difference in the lives of large numbers of people and require measurable results within three to five years.
  • Grant amounts reflect organisational need and the Foundation's desire to see other individual and community support for the project.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

New Mexico65%
Texas24%
Wyoming3%
Arizona2%
Oklahoma2%
Colorado<1%

6 other states: 3%

  • The largest single recipient received 18% of grant dollars to organisations.
  • In tax year 2024, 88% of grant dollars went to organisations Chase Foundation had funded in earlier filings.
  • No grants were paid directly to organisations outside the US.
  • <1% of grant dollars went to intermediaries that regrant to other organisations.

Grants

75 grants in the latest filing analysed · median $6,250

How much do they typically give?

Share of 75 grants in tax year 2024 by size

$1k–$2.5k1%
$2.5k–$5k32%
$5k–$10k32%
$10k–$25k21%
$25k–$50k4%
$50k–$100k5%
$100k–$250k4%

Median $6,250 (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • New Mexico State University · Scholarship
    $206,0002024 tax year
  • Texas Tech University · Scholarship
    $170,7502024 tax year
  • Artesia Classical Academy · Grant
    $100,0002024 tax year
  • Written in Red Foundation · Grant
    $91,3002024 tax year
  • Artesia Public Schools · Grant
    $82,6672024 tax year
  • Eastern New Mexico University · Scholarship
    $65,2502024 tax year
  • Sheridan Rotary Club · Grant
    $60,0002024 tax year
  • West Texas A&M University · Scholarship
    $32,2502024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Karla Chase — Advisor
  • Richard Chase — Advisor
  • Deb Chase — Advisor
  • Robert Chase — Advisor
  • Geren Ferguson — Advisor
  • Richard Price — Executive Di

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$2,327,934$1,229,164$37,569,714Filing for 2022 tax year
2023 tax year$2,932,803$1,685,540$42,590,702Filing for 2023 tax year
2024 tax year$3,129,829$1,306,716$46,444,939Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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