George & Fay Young Foundation Inc
George & Fay Young Foundation Inc is a private foundation based in Dallas, Texas. It made 49 grants totaling $5,282,785 in filing year 2025, supporting organizations including nonprofits, a university, and a cancer center.
Key facts about George & Fay Young Foundation Inc
In short: George & Fay Young Foundation Inc gave $5.3M across 49 grants in 2025 (avg $108K), mostly in Texas. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 75-2478225
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $5,282,785
- Grants made (2025)
- 49
- Average grant
- $107,812
- Median grant
- $100,000
- New grantees (estimate)
- 35% first-time grantees (17 of 49, 2025)
- Total assets
- $96,792,838
- Primary geography
- Texas (90% of itemized 2025 grant dollars)
- How to apply
- The foundation does not restrict giving to preselected organizations. Full details ↓
- Deadline
- The board generally meets in the spring and fall to consider grant requests.
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$96.8M
+11.4% YoY
Annual Giving
$5.3M
+22.3% YoY
Grant Count
49
-2.0% YoY
Avg Grant Size
$108K
+24.8% YoY
Under IRS private-foundation payout rules, George & Fay Young Foundation Inc reported a distributable amount of $6.1M for 2025 — the minimum it must pay out in qualifying distributions.
Is George & Fay Young Foundation Inc open to new grantees?
35%
first-time grantees, 2025
In 2025, 17 of 49 grantees (35%) were first-time recipients. First grants averaged $103K; repeat grants $110K. How we count
Medians: $100K first-time, $100K repeat.
- 57% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+12%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grants included organizations whose stated missions address areas such as services for people with diverse needs, higher education, cancer and infectious disease, neighborhood revitalization, early childhood readiness, public spaces and nature, and support for families affected by homelessness.
For example, EQUEST describes its work as partnering with horses to bring hope and healing through equine-assisted activities and therapies. Bachman Lake Together says it works to prepare children for kindergarten academically, socially, and emotionally. Family Gateway describes its mission as providing stability and supportive services to children and families affected by homelessness.
Grantmaking
In filing year 2025, the foundation made 49 grants totaling $5,282,785. Grants ranged from $2,500 to $312,500, with a median of $100,000. The largest awards included $312,500 to Hope Cottage Pregnancy and Adoption Center; $300,000 each to Child Poverty Action Lab, EQUEST, and Mercy Ships; and $250,000 to Texas Christian University. Other notable grants included $200,000 each to Bachman Lake Together, For Oak Cliff, Forest Forward, Fred Hutchinson Cancer Center, Jubilee Park and Community Center, and Trinity Park Conservancy.
Review Cycle
The board generally meets in the spring and fall to consider grant requests.
How to Apply
The foundation does not restrict giving to preselected organizations. Grant requests should include, at a minimum, evidence of public charity status, a description of activities, and the proposed use of funds. Grantees must generally be Section 501(c)(3) organizations that are public charities.
Ready to take the next step with George & Fay Young Foundation Inc?
Geographic Focus
Where this funder awards grants
In 2025, 90% of grant dollars went to recipients in Texas, 6% to Washington, and 1% each to California, Illinois, and Connecticut.
Grant Distribution by State
Share of 2025 grant dollars across all 49 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $3.4M (2021) to $5.3M (2025). In 2025 it made 49 grants totaling $5.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Hope Cottage Pregnancy and Adoption Center ($313K). Together the top 10 received $2.5M.
Grant Size Distribution
257 grants across all recorded years
The most common grant size was in the $50–100K range: 90 grants of 257 (35%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Cottage Pregnancy and Adoption Center Dallas, TX | General | $312,500 |
| Child Poverty Action Lab (Cpal) Dallas, TX | General | $300,000 |
| Equest Dallas, TX | General | $300,000 |
| Mercy Ships Garden Valley, TX | General | $300,000 |
| Texas Christian University Fort Worth, TX | General | $250,000 |
| Bachman Lake Together Dallas, TX | General | $200,000 |
| For Oak Cliff Dallas, TX | General | $200,000 |
| Forest Forward Dallas, TX | General | $200,000 |
| Fred Hutchinson Cancer Center Seattle, WA | General | $200,000 |
| Jubilee Park and Community Center Dallas, TX | General | $200,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $96,792,838 | $16,680,111 | $6,742,442 | $5,282,785 | 49 |
| 2024 | $86,855,718 | $12,529,972 | $5,610,961 | $4,320,285 | 50 |
| 2023 | $79,940,768 | $7,148,438 | $5,910,438 | $4,597,785 | 50 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $96,792,838 | $86,855,718 | $79,940,768 |
| Revenue | $16,680,111 | $12,529,972 | $7,148,438 |
| Expenses | $6,742,442 | $5,610,961 | $5,910,438 |
| Qualifying Distributions | $5,749,463 | $4,718,726 | $5,198,406 |
| Net Investment Income | $15,908,516 | $11,799,552 | $5,277,461 |
| Distributable Amount | $6,135,107 | $5,658,544 | $4,938,064 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 28, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 19, 2026)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John C Franklin, Michael E Marvin (president), Christopher M Shaw (secretary), Margaret M Kelly (vice president), Lyle Mason, Lauren H Haskins (executive director), Erin King, and Jennifer McKeon (treasurer) as officers or directors.
George & Fay Young Foundation Inc is led by Michael E. Marvin, President & Director since 2023 (on filings since 2020); 7 of 8 officers listed in 2025 are compensated.
Officers on the 2025 filing
Michael E. Marvin
President & Director
Director → President & Director, 2023
On filings since 2020
1 hr/week
$5K (2020) → $5K (2025)
Lauren H. Haskins
Executive Director
Managing Director → Executive Director, 2025
On filings since 2022
40 hrs/week
$131K (2022) → $226K (2025)
Christopher M. Shaw
Director & Secretary
Executive Director, Director & Assistant Treasurer → Executive Director, Assistant Treasurer & Secretary, 2022
Executive Director, Assistant Treasurer & Secretary → Director & Secretary, 2023
On filings since 2020
1 hr/week
$307K (2020) → $5K (2025)
John C. Franklin
Director
On filings since 2020
1 hr/week
$5K (2020) → $3K (2025)
Lyle Mason
Director
On filings since 2020
1 hr/week
$5K (2020) → $3K (2025)
Margaret M. Kelly
Vice President & Director
Director → Vice President & Director, 2023
On filings since 2020
1 hr/week
$5K (2020) → $3K (2025)
Erin King
Director
On filings since 2023
1 hr/week
$3K (2023) → $5K (2025)
Jennifer McKeon
Treasurer
On filings since 2023
2 hrs/week
No compensation reported
Former officers (5)
- Former: Carol Y. Marvin (2020–2023) — Director & President
- Former: Richard L. Ripley (2020–2023) — Director
- Former: Teresa Wobig (2020–2023) — Treasurer
- Former: Allison Fasy (2022–2023) — Managing Director
- Former: Judy Piepenbrok (2020–2021) — Secretary & Assistant Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $226K, to Lauren H Haskins (Executive Director). 7 officers or directors reported compensation on that filing.
Contact
Application contact: Lauren Haskins
Mailing address: 14850 Montfort Drive Suite 269, Dallas, TX 75254
Phone: (972) 386-8581
Frequently asked questions about George & Fay Young Foundation Inc
How much does George & Fay Young Foundation Inc give each year?
George & Fay Young Foundation Inc gave $5.3M across 49 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.3M across 50 grants.
What is George & Fay Young Foundation Inc's typical grant size?
George & Fay Young Foundation Inc's median grant in 2025 was $100,000, and its average grant was $107,812, across 49 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from George & Fay Young Foundation Inc that year got $103K on average.
Where does George & Fay Young Foundation Inc give grants?
George & Fay Young Foundation Inc gives mostly in Texas: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Washington (6%). The most frequent recipient cities were Dallas, TX (25 grants), Austin, TX (4 grants), Kerrville, TX (2 grants) and San Antonio, TX (2 grants).
Does George & Fay Young Foundation Inc give general operating support?
Yes: 100% of George & Fay Young Foundation Inc's 2025 grants with a stated purpose (49 of 49) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are George & Fay Young Foundation Inc's largest grantees?
George & Fay Young Foundation Inc's largest 2025 grantees include Hope Cottage Pregnancy and Adoption Center ($312,500), Child Poverty Action Lab (Cpal) ($300,000) and Equest ($300,000), according to its 2025 IRS Form 990-PF. Together they received 17% of its itemized 2025 grant dollars.
How large is George & Fay Young Foundation Inc?
George & Fay Young Foundation Inc reported $96.8M in total assets on its 2025 IRS Form 990-PF. It paid out $5.7M in qualifying distributions that year, against a required minimum of $6.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does George & Fay Young Foundation Inc fund?
No foundation mission statement is provided. See mission & focus areas ↑
How do I apply for a grant from George & Fay Young Foundation Inc?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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