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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
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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 $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

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.