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Also known as: GEORGE & FAY YOUNG FOUNDATION INC
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George And Fay Young Foundation Inc. is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1993. It holds total assets of $86.9M. Annual income is reported at $50.9M. Total assets have grown from $43.6M in 2010 to $79.9M in 2023. The foundation is governed by 12 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, George And Fay Young Foundation Inc. has made 220 grants totaling $18M, with a median grant of $75K. The foundation has distributed between $3.9M and $9.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $9.4M distributed across 122 grants. Individual grants have ranged from $3K to $750K, with an average award of $82K. The foundation has supported 112 unique organizations. The foundation primarily supports organizations in Texas, California, Washington, which account for 90% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$75K
Average Grant
$77K
Largest Grant
$250K
Based on 61 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
George And Fay Young Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 220 grants. Its grantmaking reaches organizations primarily in TX, CA, WA.
George And Fay Young Foundation Inc. has distributed a total of $18M across 220 grants. The median grant size is $75K, with an average of $82K. Individual grants have ranged from $3K to $750K.
The application deadline is BOARD OF DIRECTORS GENERALLY MEET IN THE SPRING AND FALL OF EACH YEAR TO CONSIDER GRANT REQUESTS.. Grantees must generally be section 501(c)(3) organizations which are public charities.
George And Fay Young Foundation Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lauren H Haskins | MANAGING DIRECTOR | $179K | $15K | $226K |
| Allison Fasy | MANAGING DIRECTOR | $164K | $15K | $203K |
| Michael E Marvin | PRESIDENT/DIRECTOR | $5K | $0 | $5K |
| Lyle Mason | DIRECTOR | $5K | $0 | $5K |
| Margaret M Kelly | VP/DIRECTOR | $5K | $0 | $5K |
| John C Franklin | DIRECTOR | $5K | $0 | $5K |
| Christopher M Shaw | DIRECTOR/SECRETARY | $3K | $0 | $3K |
| Erin King | DIRECTOR | $3K | $0 | $3K |
| Jennifer Mckeon | TREASURER | $0 | $0 | N/A |
| Carol Y Marvin | DIR/PRES | $0 | $0 | N/A |
| Richard L Ripley | DIRECTOR | $0 | $0 | N/A |
| Teresa Wobig | TREASURER | $0 | $0 | N/A |
Total Giving
$5.9M
Total Assets
$79.9M
Fair Market Value
N/A
Net Worth
$79.9M
Grants Paid
N/A
Contributions
$1.2M
Net Investment Income
$5.3M
Distribution Amount
$4.9M
Total Grants
220
Total Giving
$18M
Average Grant
$82K
Median Grant
$75K
Unique Recipients
112
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Operation KindnessGENERAL | Carrollton, TX | $250K | 2023 |
| American Cancer SocietyGENERAL | Dallas, TX | $5K | 2023 |
| Hope Cottage Pregnancy And Adoption CenterGENERAL | Dallas, TX | $750K | 2023 |
| Child Poverty Action Lab (Cpal)GENERAL | Dallas, TX | $450K | 2023 |
| Big ThoughtGENERAL | Dallas, TX | $350K | 2023 |
| Fred Hutchinson Cancer CenterGENERAL | Seattle, WA | $200K | 2023 |
| Planned Parenthood Of Greater TexasGENERAL | Dallas, TX | $163K | 2023 |
| Envision Dallas Lighthouse FoundationGENERAL | Dallas, TX | $150K | 2023 |
| StagenGENERAL | Dallas, TX | $150K | 2023 |
| Read UpGENERAL | Dallas, TX | $150K | 2023 |
| Partners In Opportunity IncGENERAL | Carmel, CA | $150K | 2023 |
| Commit2dallasGENERAL | Dallas, TX | $100K | 2023 |
| Anna Isd Education FoundationGENERAL | Anna, TX | $100K | 2023 |
| Notre Dame Of Dallas SchoolsGENERAL | Dallas, TX | $100K | 2023 |
| Universe CreativeGENERAL | Los Angeles, CA | $80K | 2023 |
| Family GatewayGENERAL | Dallas, TX | $75K | 2023 |
| Bachman Lake TogetherGENERAL | Dallas, TX | $75K | 2023 |
| Moving Forward FoundationGENERAL | Uvalde, TX | $75K | 2023 |
| Dallas County Mental Health & Mental Retardation Center Dba MetrocareGENERAL | Dallas, TX | $75K | 2023 |
| Lullaby HouseGENERAL | Dallas, TX | $75K | 2023 |
| River Bend Nature Works Dba River Bend Nature CenterGENERAL | Wichita Falls, TX | $65K | 2023 |
| Arts Council Wichita Falls Area IncGENERAL | Wichita Falls, TX | $60K | 2023 |
| Dallas CollegeGENERAL | Dallas, TX | $50K | 2023 |
| Midwestern State UniversityGENERAL | Wichita Falls, TX | $50K | 2023 |
| For Oak CliffGENERAL | Dallas, TX | $50K | 2023 |
| Austin CollegeGENERAL | Sherman, TX | $50K | 2023 |
| Reading PartnersGENERAL | Dallas, TX | $50K | 2023 |
| St Edward'S UniversityGENERAL | Austin, TX | $50K | 2023 |
| Stephen F Austin State UniversityGENERAL | Nacogdoches, TX | $50K | 2023 |
| Twelfth Step MinistryGENERAL | Dallas, TX | $50K | 2023 |
| World Central Kitchen IncGENERAL | Washington, DC | $50K | 2023 |
| Schreiner UniversityGENERAL | Kerrville, TX | $50K | 2023 |
| Undies For EveryoneGENERAL | Houston, TX | $50K | 2023 |
| Readers 2 LeadersGENERAL | Dallas, TX | $50K | 2023 |
| Trinity UniversityGENERAL | San Antonio, TX | $50K | 2023 |
| United To LearnGENERAL | Dallas, TX | $50K | 2023 |
| Beacon Hill Preparatory InstituteGENERAL | Dallas, TX | $50K | 2023 |
| Snowmass ChapelGENERAL | Snowmass Village, CO | $25K | 2023 |
| Winnetka Community Nursery SchoolGENERAL | Winnetka, IL | $25K | 2023 |
| Collins Family Planning ClinicGENERAL | Fort Worth, TX | $25K | 2023 |
| Carry The LoadGENERAL | Dallas, TX | $25K | 2023 |
| Methodist Children'S HomeGENERAL | Waco, TX | $25K | 2023 |
| Save A Brain IncGENERAL | Salt Lake City, UT | $15K | 2023 |
| Lakehill Preparatory SchoolGENERAL | Dallas, TX | $13K | 2023 |
| PoeticGENERAL | Dallas, TX | $13K | 2023 |
| Mazie'S MissionGENERAL | Carrollton, TX | $10K | 2023 |
| SparkGENERAL | Dallas, TX | $10K | 2023 |
| The Abbey On Lovers LaneGENERAL | Dallas, TX | $8K | 2023 |
| Community Foundation Of Texas - Philanthropy AdvocatesGENERAL | Dallas, TX | $5K | 2023 |
| Philanthropy SouthwestGENERAL | Dallas, TX | $3K | 2023 |