About Py Foundation
The PY Foundation is a locally focused, high-dollar funder in Artesia/Eddy County that concentrates on community infrastructure, health care access, and frontline service support. It makes large, often repeated grants to a small set of local beneficiaries for capital projects (construction of medical and recreation facilities), operating support for social services, and public-safety/first-responder retention. The foundation’s giving emphasizes tangible community-building investments and workforce/education support tied to local health services.
Focus Areas
Rural medical education scholarships (osteopathic medical student support)Local hospital/cancer treatment facility construction and capacity-buildingFirst-responder retention and public safety workforce support in ArtesiaHomelessness and emergency shelter operating support (Haven of Hope)Community recreational and fairground capital projects (recreation center, county fair)
Who They Fund
medical studentspaid and volunteer first responders (Eddy County / regional)K–12 students (including summer camps and curriculum enhancement)
About Py Foundation
PY Foundation’s recent giving is defined by large, place-based investments in Artesia and Southeast New Mexico, with repeated support for health, housing, public safety, and community facilities. A single line of grantmaking shows the pattern clearly: $800,000 went to the SW Foundation for Osteopathic Education for medical student scholarships, while $604,203 supported Haven of Hope Inc for operating needs and facility construction. Those gifts sit alongside major commitments to local institutions that serve residents directly, including first-responder retention support for the City of Artesia and capital funding for community infrastructure. The foundation also backs projects tied to local health capacity, such as renovation space for a new CT scan at Artesia General Hospital Foundation. Its giving combines scholarship support, operating grants, and construction funding rather than narrow program-only awards. Across the recent grant list, the foundation repeatedly funds organizations that anchor daily services in the Artesia area and nearby Southeast New Mexico communities.
What Py Foundation Funds
Education shows up through direct support for students and schools. PY Foundation gave $230,152 to Artesia Public Schools for science department enhancement and $186,649 for science curriculum enhancement, while also awarding $104,961 for auto mechanics, science curriculum enhancement, and basic needs. In health-related work, the foundation funded Artesia General Hospital Foundation with $156,000 for renovation of space for a new CT scan, and it supported a cancer treatment facility construction project through UMC Foundation. Community support is another clear thread: Artesia MainStreet Inc received $200,000 for operating support, and Arts and civic infrastructure appear in grants such as $500,000 to Artesia Recreation Center Foundation for construction. The foundation also backed Lake Arthur Municipal Schools with $138,867 for community garden construction.
How Py Foundation Gives
PY Foundation’s typical grant size is mid-range but with a wide spread: the 25th percentile is $11,210, the median is $50,000, and the 75th percentile is $156,000. The recent record also shows repeated awards to the same organizations across multiple years, including several grants to the same local nonprofits and public entities, which points to ongoing relationships rather than one-off awards. The foundation makes both operating and capital grants, and it funds individuals as well as organizations. It also accepts unsolicited applications year-round through its general grantmaking programs.
Financial Snapshot
Annual Giving
$13.1M
Total Assets
$42.7M
Total Revenue
$5M
Total Expenses
$15.8M
Typical Grant Size
Most grants fall between $11K and $156K, with a median of $50K.
25th Percentile
$11K
Median
$50K
75th Percentile
$156K
Geographic Reach
Local2 states funded
About 94% of grants go to recipients in NM.
Funding intensity
LowHigh
Headquarters
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