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Filing year 2024

FM AND GLORIA YOUNG FAMILY FOUNDATION

Waco, Texas·EIN 20-1349638·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$90k
Total assets
$1.3M
Total expenses
$62k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. FM AND GLORIA YOUNG FAMILY FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

Director
Director
Director
Director
President/secretary/direct

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$57k

Itemized grants

10

Median grant

$5k

RecipientLocationPurposeAmount
EAGLE'S WINGS RETREAT CENTERBURNET, TXLEGACY FUND$20k
ST LOUIS CATHOLIC CHURCHWACO, TXPASTOR'S WISHLIST$10k
THE SALVATION ARMY WACOMCLENNAN COUNTYWACO, TXCOMMUNITY DEVELOPMENT$10k
TALITHA KOUMWACO, TXCHILDREN'S BRAIN DEVELOPMENT$5k
FRIENDS FOR LIFEWACO, TXSENIORS AND ADULTS WITH DISABILITIES$5k
ASCENSION PROVIDENCE FOUNDATIONWACO, TXPROVIDENCE FOUNDATION$5k
SHRINERS CHILDREN'S HOSPITALTAMPA, FLPEDIATRIC SPECIALTY CARE$1k
COLEL CHABADBROOKLYN, NYISRAELI SOCIAL SERVICE AGENCY$500
FAMILY ABUSE CENTERWACO, TXWACO FOUNDATION ENDOWMENT$300
ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNCHILDREN'S HOSPITAL$200
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

FM AND GLORIA YOUNG FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$10k
$5k
2023
$90k
$62k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

FM AND GLORIA YOUNG FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $15,501.

25th percentile
$7k
Median
$15,501
75th percentile
$41k
90th percentile
$84k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 671 organizations across 671 filings (2021 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about FM AND GLORIA YOUNG FAMILY FOUNDATION

What are FM AND GLORIA YOUNG FAMILY FOUNDATION's revenue and expenses?

In 2024, FM AND GLORIA YOUNG FAMILY FOUNDATION reported $90k in total revenue and $62k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.