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H & B Young Foundation is a private corporation based in MORGAN CITY, LA. The foundation received its IRS ruling in 1957. The principal officer is Brenda Ayo-Bookkeeper 7. It holds total assets of $30.3M. Annual income is reported at $6.3M. Total assets have grown from $14.3M in 2011 to $30.3M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Louisiana. According to available records, H & B Young Foundation has made 217 grants totaling $8.6M, with a median grant of $15K. Annual giving has grown from $1.6M in 2019 to $3.5M in 2022. Individual grants have ranged from N/A to $556K, with an average award of $40K. The foundation has supported 55 unique organizations. Grant recipients are concentrated in Louisiana. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$21K
Average Grant
$46K
Largest Grant
$415K
Based on 40 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.
H & B Young Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 217 grants. Its grantmaking reaches organizations primarily in LA.
H & B Young Foundation has distributed a total of $8.6M across 217 grants. The median grant size is $15K, with an average of $40K. Individual grants have ranged from N/A to $556K.
Awards are confined to those institutions, persons, and purposes located in, operating in, or benefiting the people of the city of morgan city, louisiana.
H & B Young Foundation is headquartered in MORGAN CITY, LA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brenda B Ayo | PRESIDENT | $75K | $13K | $87K |
| Gwen E Ross | SECRETARY | $42K | $5K | $47K |
| Tim Betbeze | DIRECTOR | $37K | $0 | $37K |
| Emile A Wagner Iii | TREASURER | $23K | $0 | $23K |
| Melissa Parsiola | VICE PRESIDE | $23K | $0 | $23K |
Total Giving
N/A
Total Assets
$30.3M
Fair Market Value
N/A
Net Worth
$29.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
217
Total Giving
$8.6M
Average Grant
$40K
Median Grant
$15K
Unique Recipients
55
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Glory MinistriesSTUDENT, FAMILY, AND VET SERVICES | Morgan City, LA | $77K | 2022 |
| Slcc FoundationSCHOLARSHIPS, COURSES, NEEDS | Lafayette, LA | $370K | 2022 |
| St Mary OutreachAID TO RESIDENTS, OPERATING EXPENSES | Morgan City, LA | $260K | 2022 |
| St Mary Council On Aging IncMEALS ON WHEELS | Franklin, LA | $161K | 2022 |
| Morgan City Youth CenterPROGRAM OPERATIONS, NEEDS | Morgan City, LA | $131K | 2022 |
| City Of Morgan CityCOURTHOUSE EXPANSION | Morgan City, LA | $126K | 2022 |
| Community Concert AssociationCULTURAL EVENTS - CONCERTS | Morgan City, LA | $50K | 2022 |
| Morgan City High SchoolSCHOLARSHIPS | Morgan City, LA | $39K | 2022 |
| Me Norman Elementary SchoolOUTDOOR CLASSROOM, STUDENT NEEDS | Morgan City, LA | $36K | 2022 |
| Atkinson Memorial Presbyterian ChurOPERATIONS, GROUNDS UPKEEP | Morgan City, LA | $35K | 2022 |
| City Court Of Morgan CityFAMILY ASSIST, OPERATIONS SUPPORT | Morgan City, LA | $33K | 2022 |
| Mr Charlie Rig MuseumREPAIR A/C | Morgan City, LA | $30K | 2022 |
| Central Catholic High SchoolSCHOLARSHIPS, HOPE SQUAD | Morgan City, LA | $30K | 2022 |
| Sacred Heart Catholic ChurchPARKING LOT, A/C REPAIRS | Morgan City, LA | $27K | 2022 |
| Unitech Training AcademySCHOLARSHIPS | Houma, LA | $27K | 2022 |
| Julia Maitland Elementary SchoolSTUDENT, TEACHER, AND SCHOOL NEEDS | Morgan City, LA | $24K | 2022 |
| Morgan City Junior High SchoolBOOK MACHINE, BOOKS, HOPE SQUAD | Morgan City, LA | $18K | 2022 |
| Wyandotte Elementary SchoolEQUIPMENT, STUDENT NEEDS | Morgan City, LA | $15K | 2022 |
| Immanuel Christian SchoolSCHOLARSHIPS | Morgan City, LA | $15K | 2022 |
| Central Catholic Elementary SchoolSCHOLARSHIPS, ACCELERATED READER | Morgan City, LA | $14K | 2022 |
| Trinity Episcopal ChurchORGAN REPAIR AND OUTREACH | Morgan City, LA | $10K | 2022 |