OVERVIEW: This funder supports nonprofits in Southeastern New Mexico in the areas of education, substance abuse, domestic violence, community enhancement, youth, and human services.
FUNDING AREAS: Public schools, youth, college institutions, children and families, people with disabilities, senior citizens, community development
IP TAKE: This is a great funder to know in this part of New Mexico because applications are accepted throughout the year and its focus is highly local. Education programs at all levels are the best way to get connected.
PROFILE: The Chase Foundation was established by Mack and Marilyn Chase in 2006 to support the community of Artesia and nonprofits in Southeastern New Mexico. The couple earned their fortune in the oil and gas industry, and the town of Artesia holds a special place in their hearts. Mack Chase started Mack Chase, Inc. in 1968, Mack Energy in 1992, and Arrowhead Pipe & Supply Company in 2001.
Topics of interest for this funder include public schools, youth, college institutions, children and families, people with disabilities, senior citizens, and community development. However, the primary focuses that Chase is interested in right now are pre-school through 12th grade education, college education programs, substance abuse programs, domestic violence programs, community enhancement programs, charity infrastructure, youth initiative programs, and emergency and critical human services.
This foundation typically gives priority to projects that involve joint efforts of multiple agencies and wide community support. These are the things that Chase does not fund: loans to individuals, interests or programs detrimental to the oil and gas industry, operational expenses of established programs, non-charitable organizations through IRS determination, international organizations, political or lobbying activities, ticketed events, outside geographic area and projects that do not have sustainability for a five-year period.
Approximately 93 percent of foundation funding goes to Southeastern New Mexico and about six percent goes to groups in West Texas. A list of past grantees can be viewed here. It mostly supports nonprofits but occasionally considers governmental entities as well.
The foundation accepts grant applications at any time of the year, and the directors meet quarterly to review requests. Foundation directors are as follows: Mack & Marilyn Chase, Robert & Deb Chase, Richard & Karla Chase, Gerene Dianne Chase Ferguson, Chance Chase, Kortney Chase, and Johnny Knorr. Brad Bartek is an advisor. Make sure to get your application in at least four weeks in advance of the second Tuesday of March, June, September and December to be considered at that board meeting.
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