George & Fay Young Foundation Inc
George and Fay Young Foundation Inc. is a private foundation based in Dallas, Texas, established in 1993. The foundation operates as a 501(c)(3) organization with a focus on grantmaking to support educational and community initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$86.9M
+8.7% YoY
Annual Giving
$4.3M
-6.0% YoY
Grant Count
50
+0.0% YoY
Avg Grant Size
$86K
-6.0% YoY
Under IRS private-foundation payout rules, George & Fay Young Foundation Inc reported a distributable amount of $5.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation seeks to foster learning by improving access to opportunity and strengthening communities through sustainable solutions.
Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation maintains an active grantmaking program with multiple grants distributed annually across its priority areas.
Grant Range
& Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, California, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $86,855,718 (as of 2024)
- Total Giving (2024): $4,320,285
- Total Revenues (2024): $12,529,972
- Total Expenses (2024): $5,610,961
- Staff: 1 employee
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $86,855,718 | $79,940,768 | $78,698,152 |
| Revenue | $12,529,972 | $7,148,438 | $8,388,997 |
| Expenses | $5,610,961 | $5,910,438 | $5,967,560 |
| Qualifying Distributions | $4,718,726 | $5,198,406 | $5,155,744 |
| Net Investment Income | $11,799,552 | $5,277,461 | $7,691,886 |
| Distributable Amount | $5,658,544 | $4,938,064 | $5,077,393 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
245 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Child Poverty Action Lab (cpal) ($400,000), Hope Cottage Pregnancy and Adoption Center ($312,500), Forest Forward ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMARILLO AREA FOUNDATION AMARILLO, TX | GENERAL | $75,000 |
| AUSTIN COLLEGE SHERMAN, TX | GENERAL | $50,000 |
| BACHMAN LAKE TOGETHER DALLAS, TX | GENERAL | $100,000 |
| BEACON HILL PREPARATORY INSTITUTE DALLAS, TX | GENERAL | $50,000 |
| CHILD POVERTY ACTION LAB (CPAL) DALLAS, TX | GENERAL | $400,000 |
| CHILDREN'S MEDICAL CENTER FOUNDATION DALLAS, TX | GENERAL | $75,000 |
| COMMIT2DALLAS DALLAS, TX | GENERAL | $100,000 |
| DALLAS CHILDREN'S ADVOCACY CENTER DALLAS, TX | GENERAL | $10,000 |
| DALLAS COLLEGE DALLAS, TX | GENERAL | $50,000 |
| DEEP VELLUM DALLAS, TX | GENERAL | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lauren H Haskins – Managing Director (as of November 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN C FRANKLIN | DIRECTOR | 1 | $5,000 |
| MICHAEL E MARVIN | PRESIDENT/DIRECTOR | 1 | $5,000 |
| CHRISTOPHER M SHAW | DIRECTOR/SECRETARY | 1 | $5,000 |
| MARGARET M KELLY | VP/DIRECTOR | 1 | $2,500 |
| LYLE MASON | DIRECTOR | 1 | $5,000 |
| LAUREN H HASKINS | MANAGING DIRECTOR | 40 | $201,417 |
| ERIN KING | DIRECTOR | 1 | $5,000 |
| JENNIFER MCKEON | TREASURER | 2 | — |
Recent News & Activity
Recent developments and announcements
In 2021, the foundation made a $100,000 donation to Bishop Arts Theatre in Dallas, supporting the organization's cultural programming and community engagement efforts.
George and Fay Young Foundation Donates $100,000 To Bishop Arts TheatreFrequently Asked Questions
What does George & Fay Young Foundation Inc fund?
The foundation seeks to foster learning by improving access to opportunity and strengthening communities through sustainable solutions. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from George & Fay Young Foundation Inc?
**Grant Size & Activity:** • Typical award range: $2,500–$750,000 • Total giving (2024): $4,320,285 • Recent grants include awards to Hope Cottage Pregnancy and Adoption Center ($312,500), Meadows Mental Health Policy Institute for Texas ($200,000), and Fred Hutchinson Cancer Center ($200,000) The foundation maintains an active grantmaking program with multiple grants distributed annually across its priority areas.
Where does George & Fay Young Foundation Inc make grants?
The foundation primarily funds organizations in Texas, California, and Washington.
What size grants does George & Fay Young Foundation Inc award?
In 2024, George & Fay Young Foundation Inc awarded 50 grants totaling $4.3M — an average of about $86K per grant, based on its IRS Form 990 filings.
How much is George & Fay Young Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, George & Fay Young Foundation Inc reported a distributable amount of $5.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George & Fay Young Foundation Inc's EIN?
George & Fay Young Foundation Inc's EIN (Employer Identification Number) is 75-2478225. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in George & Fay Young Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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