Chase Foundation Mack C Chase Trustee
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About Chase Foundation Mack C Chase Trustee
The Chase Foundation (Mack C. Chase Trustee) concentrates its giving on higher-education scholarships and local community recreation in southeastern New Mexico and nearby Texas. Most grants are large, multi-award commitments to public universities (New Mexico State University and Texas Tech) to support scholarship programs, alongside targeted support for the Artesia Recreational Center. The foundation appears focused on regional impact—funding established institutions and a local civic amenity rather than a wide array of national causes.
Focus Areas
Scholarship funding at New Mexico State University (undergraduate/student support)Scholarship programs at Texas Tech University (regional student scholarships)Community recreation and youth sports facilities in Artesia, NM
Who They Fund
high school seniorspostsecondary/college studentslocal community participants (event beneficiaries)
Giving Approach
Concentrated, high-dollar grants to a small set of repeat grantees—primarily multi-grant support for public universities’ scholarship programs plus targeted capital/operating support for a local recreation nonprofit.
About Chase Foundation Mack C Chase Trustee
Chase Foundation Mack C Chase Trustee shows a clear preference for scholarship commitments to regional universities, with repeated awards to New Mexico State University, Texas Tech University, and Eastern New Mexico University. The largest recent grant in the data is $333,000 to the Artesia Recreational Center Foundation, which places local recreation alongside education as a core part of the foundation’s giving. In 2024 and 2025, New Mexico State University received multiple scholarship grants ranging from $206,000 to $313,750, while Texas Tech University also appeared in consecutive years with awards of $170,750 to $201,000. That pattern points to an institution-centered approach rather than broad, dispersed grantmaking. The foundation also supports Artesia-area civic and educational organizations, including Artesia Classical Academy, City of Champions Inc, Artesia Public Schools, and the Artesia Chamber of Commerce. Smaller grants extend to churches and community groups in Artesia, while scholarship support reaches campuses in Las Cruces, Lubbock, Portales, Albuquerque, and Canyon. Taken together, the grant list suggests a funder rooted in southeastern New Mexico that uses a mix of scholarship funding and community grants to support students, schools, and local institutions.
What Chase Foundation Mack C Chase Trustee Funds
Scholarship funding is the clearest thread in the foundation’s grantmaking. They gave $313,750 to New Mexico State University for scholarship support in 2023 and followed with $221,250 in 2024 and $206,000 in 2025. Texas Tech University also received recurring scholarship grants of $201,000 in 2023, $193,000 in 2024, and $170,750 in 2025. The foundation also backs other postsecondary institutions. Eastern New Mexico University received $81,250 in 2023, $68,500 in 2024, and $65,250 in 2025 for scholarship support, while the University of New Mexico received $46,750 in 2024 and $40,750 in 2023. Outside higher education, community-facing grants include $150,000 to Artesia Classical Academy, $100,000 to City of Champions Inc, and $82,667 to Artesia Public Schools. That mix shows support for both college access and local educational organizations in Artesia.
How Chase Foundation Mack C Chase Trustee Gives
Typical grant size is modest relative to a few large commitments: the p25 is $2,750, the median is $5,500, and the p75 is $10,750. The recent grant list also shows a small set of much larger awards, especially for scholarships and local institutions, which suggests a mixed portfolio of many smaller gifts and a few major program-linked grants. Recipients repeat across years, most visibly at New Mexico State University, Texas Tech University, and Eastern New Mexico University, indicating ongoing relationships rather than isolated awards. The foundation makes direct grants and also funds individuals through scholarship programs.
Financial Snapshot
Annual Giving
$1.3M
Total Assets
$36.2M
Total Revenue
$4.4M
Total Expenses
$3.1M
Typical Grant Size
Most grants fall between $3K and $11K, with a median of $6K.
25th Percentile
$3K
Median
$6K
75th Percentile
$11K
Geographic Reach
Regional19 states funded
Funding intensity
LowHigh
Headquarters
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