1248 Foundation
Preselected recipients only
1248 Foundation is a private foundation in Artesia, New Mexico. In tax year 2024 it gave $98,000 in 8 grants; the typical grant was $10,000 and the largest $25,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$98,000
- Number of grants8
- Typical grant$10,000
- Largest grant$25,000
- Assets$2.1 million
- New grantees100%
Giving in 2024 was up from $87,500 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $87,500 | 5 | $2.0 million |
| 2024 | $98,000 | 8 | $2.1 million |
How to apply
1248 Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What 1248 Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 5 | $73,000 |
| Missouri | 1 | $10,000 |
| New Mexico | 1 | $10,000 |
| Nevada | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Haven of Hope | General support | $25,000 |
| Texas A&m Foundation | Courtney cares endowed excelle | $25,000 |
| Written in Red | Soles for students shoe drive | $10,000 |
| Fellowship of Christian Athletes | General support | $10,000 |
| Hope Pregnancy Centers of Brazos | General support | $10,000 |
| Save Our Streets Ministries | General support | $10,000 |
| God Behind Bars | General support | $5,000 |
| RB Eye Foundation | General support | $3,000 |
Officers and trustees
- John Trey A Yates III
- John A Yates Jr
- Nancy E Yates
- Alexis Yates
Questions people ask
Does 1248 Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does 1248 Foundation give?
$98,000 in tax year 2024, across 8 grants, with a typical grant of $10,000.
Who runs 1248 Foundation?
Its 2024 filing lists John Trey A Yates III (Director, President), John A Yates Jr (Director, VP, Treasurer), Nancy E Yates (Director, Secretary) and Alexis Yates (Director).
What does 1248 Foundation fund?
Based on its grants, mainly faith communities.