George & Fay Young Foundation Inc

DALLAS, TX EIN: 75-2478225

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

+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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Texas $18.2M (91%)

Washington $725K (4%)

California $623K (3%)

Colorado $125K (1%)

Illinois $113K (1%)

Maryland $100K (0%)

District of Columbia $50K (0%)

Utah $35K (0%)

+5 more states

States

California Colorado Connecticut District of Columbia Illinois Maryland New Mexico New York Tennessee Texas Utah Virginia Washington

Cities

AddisonAguangaAmarilloAnnaAustinBaltimoeBrooklynCarmelCarrolltonChicagoDallasEulessFalls ChurchFort WorthGun Barrel CityHoustonHurstKerrvilleLos AngelesLucas

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

2021

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 Theatre

Frequently 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.