H & B Young Foundation

Private foundation · Grantmaker Morgan City, LA EIN: 72-6029365

H & B Young Foundation is a private foundation based in an individual recipient, Louisiana. Its 2024 filing restricts awards to institutions, people, and purposes located in, operating in, or benefiting the people of an individual recipient

H & B Young Foundation at a glance

In short: H & B Young Foundation gave $2.3M across 44 grants in 2024 (avg $52K), mostly in Louisiana. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,292,439
+11.3% vs 2023
Grants made (2024)
44
+12.8% vs 2023
Average grant
$52,101
-1.3% vs 2023
Median grant
$12,200
Total assets
$30,266,451
+8.3% vs 2023
New grantees (estimate)
19% first-time grantees (5 of 26, 2024)
Primary geography
Louisiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to H & B Young Foundation

How to Apply

The 2024 filing requests a written statement with the organization’s name, address, telephone number, contact person or persons, and amount requested. Applicants should include the purpose and a detailed plan for the funds, other planned funding sources and total project cost, available support for determining the funds needed, and any other supporting documentation. The filing names Brenda B. Ayo as the person to contact. Awards are confined to institutions, people, and purposes located in, operating in, or benefiting the people of an individual recipient, Louisiana.

Review Cycle
None stated.
Deadline
None stated.
Contact

Application contact: Brenda B Ayo
Mailing address: PO Box 889, Morgan City, LA 70381
Phone: (985) 385-0812

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who H & B Young Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Morgan City Youth Center: $575K across 2 grantsMorgan City Youth Center$575K · 2 grantsSt Mary Outreach: $353KSt Mary Outreach$353KImmanuel Christian School: $294KImmanuel Christian School$294KSLCC Foundation: $215KSLCC Foundation$215KCity of Morgan City: $189K across 7 grantsCity of Morgan City$189K · 7 grantsSt Mary Council on Aging Inc: $103KSt Mary Council on Aging Inc$103KGlory Ministries: $79KGlory Ministries$79KTri-City Pentecostals: $60KTri-City Pentecostals$60KCornerstone Ministries: $58KCornerstone Ministries$58KTrinity Episcopal Church: $53KTrinity Episcopal Church$53K

The largest 2024 recipient was Morgan City Youth Center ($575K across 2 grants). Together the top 10 received $2.0M.

Organizations only. It also paid 12 grants to individuals ($132,225), which are not listed by name.

Grant Size Distribution

210 grants across all recorded years

170<$50K15$50–100K13$100–250K11$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 170 grants of 210 (81%).

Geographic Focus

Where this funder awards grants

The foundation’s filing confines awards to those located in, operating in, or benefiting the people of an individual recipient, Louisiana. All reported 2024 grant dollars went to recipients in Louisiana.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 44 itemized grants.

States

Cities

Morgan CityFranklinLafayetteHoumaNew OrleansSchrieverThibodauxLafyette

Is H & B Young Foundation open to new grantees?

19%

first-time grantees, 2024

In 2024, 5 of 26 grantees (19%) were first-time recipients. First grants averaged $16K; repeat grants $105K. How we count

Medians: $8K first-time, $50K repeat.

  • 69% of 2024 grantees were also funded in 2023. Method
  • Giving grew 24% from 2021 to 2024. Method
  • In 2024 it paid out 115% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M45 grants2020 40 grants2021 42 grants2022 39 grants2023 44 grants2024

From 2020 to 2024, annual grant giving ranged from $1.7M (2020) to $2.3M (2024). In 2024 it made 44 grants totaling $2.3M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Mary Outreach Morgan City, LAAid to Residents, Operating Expenses$353,000
Morgan City Youth Center Morgan City, LAConversion of Building to Charitable$344,345
Immanuel Christian School Morgan City, LANew Building$294,001
Morgan City Youth Center Morgan City, LAProgram Operations, Needs$230,727
SLCC Foundation Lafayette, LAScholarships, Courses, Needs$215,000
St Mary Council on Aging Inc Franklin, LAMeals on Wheels$102,500
City of Morgan City Morgan City, LAPolice Dept- Equipment$100,000
Glory Ministries Morgan City, LAStudent, Family, and Vet Services$79,273
Tri-City Pentecostals Morgan City, LARoof Replacement$60,000
Cornerstone Ministries Morgan City, LARoof Replacement$58,420
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$30,266,451$3,581,296$3,165,251$2,292,43944$2,406,995$2,851,904$2,098,979
2023$27,945,710$1,887,204$2,879,139$2,059,40739$2,158,944$2,458,456$2,029,573
2022$25,928,411$3,391,651$2,579,068$1,754,50842$1,845,589$2,545,243$2,076,822
2021$30,382,041$3,701,791$2,600,820$1,855,71240$1,943,898$3,115,864$2,025,139
2020$28,173,562$3,190,802$2,374,651$1,698,07745—$2,668,798$1,797,642

Under IRS private-foundation payout rules, H & B Young Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants show support for a range of local needs, including building projects, program operations, scholarships and courses, meals for older adults, equipment for the police department, and cultural events.

Among the 2024 grantees, SLCC Foundation describes its mission as improving quality of life through educational programs and helping Louisiana’s workforce succeed through skills training. St. Mary Council on Aging Inc. describes its mission as delivering services to older adults in St. Mary Parish, including meal services, senior centers, homemaker services, and transportation.

Grantmaking

In 2024, the foundation reported 44 grants totaling $2,292,439. Grants ranged from $500 to $353,000, with a median of $12,200.

The largest reported grants included $353,000 to St. Mary Outreach for resident aid and operating expenses; $344,345 and $230,727 to an individual recipient Youth Center for building conversion and program operations; $294,001 to Immanuel Christian School for a new building; and $215,000 to SLCC Foundation for scholarships, courses, and needs. Other notable grants included $102,500 to St. Mary Council on Aging Inc. for Meals on Wheels, $100,000 to the City of an individual recipient for police department equipment, and $50,000 to Community Concert Association for cultural events and concerts.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Brenda B. Ayo as president, Emile A. Wagner III as treasurer, Gwen E. Ross as secretary, Melissa Parsiola as vice president, and Tim Betbeze as director.

H & B Young Foundation is led by Brenda B. Ayo, President on every filing since 2020; all 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Brenda B. Ayo

    President

    On filings since 2020

    40 hrs/week

    $77K (2020) → $91K (2024)

  • Tim Betbeze

    Director

    On filings since 2020

    4.3 hrs/week

    $26K (2020) → $34K (2024)

  • Emile A. Wagner III

    Treasurer

    On filings since 2020

    4.3 hrs/week

    $27K (2020) → $27K (2024)

  • Gwen E. Ross

    Secretary

    On filings since 2020

    40 hrs/week

    $45K (2020) → $50K (2024)

  • Melissa Parsiola

    Vice President

    On filings since 2020

    4.3 hrs/week

    $26K (2020) → $26K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Brenda B AYO — President: $91KBrenda B AYOPresident$91KGwen E Ross — Secretary: $50KGwen E RossSecretary$50KTim Betbeze — Director: $34KTim BetbezeDirector$34KEmile a Wagner III — Treasurer: $27KEmile a Wagner IIITreasurer$27KMelissa Parsiola — Vice Preside: $26KMelissa ParsiolaVice Preside$26K

The highest reported compensation on the 2024 filing was $91K, to Brenda B AYO (President). 5 officers or directors reported compensation on that filing.

Frequently asked questions about H & B Young Foundation

How much does H & B Young Foundation give each year?

H & B Young Foundation gave $2.3M across 44 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.1M across 39 grants.

What is H & B Young Foundation's typical grant size?

H & B Young Foundation's median grant in 2024 was $12,200, and its average grant was $52,101, across 44 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from H & B Young Foundation that year got $16K on average.

Where does H & B Young Foundation give grants?

H & B Young Foundation gives mostly in Louisiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Morgan City, LA (29 grants).

Does H & B Young Foundation give general operating support?

Occasionally: 2% of H & B Young Foundation's 2024 grants with a stated purpose (1 of 44) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship" (3 grants) and "Student Needs" (3 grants).

Who are H & B Young Foundation's largest grantees?

H & B Young Foundation's largest 2024 grantees include Morgan City Youth Center ($575,072 across 2 grants), St Mary Outreach ($353,000) and Immanuel Christian School ($294,001), according to its 2024 IRS Form 990-PF. It also paid 12 grants to individuals ($132,225), which are not listed by name. Together they received 53% of its itemized 2024 grant dollars.

How large is H & B Young Foundation?

H & B Young Foundation reported $30.3M in total assets on its 2024 IRS Form 990-PF. It paid out $2.4M in qualifying distributions that year, against a required minimum of $2.1M (roughly 5% of its investment assets).

What does H & B Young Foundation fund?

No mission statement for the foundation is provided. Its grants show support for a range of local needs, including building projects, program operations, scholarships and courses, meals for older adults, equipment for the police department, and cultural events. See mission & focus areas ↑

How do I apply for a grant from H & B Young Foundation?

The 2024 filing requests a written statement with the organization’s name, address, telephone number, contact person or persons, and amount requested. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is H & B Young Foundation's EIN?

H & B Young Foundation's EIN (Employer Identification Number) is 72-6029365. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). H & B Young Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/h-and-b-young-foundation-morg_fbc772db3a30455da37a19de49605893

BibTeX
@misc{grantable_726029365_2026,
  author       = {{Grantable}},
  title        = {{H \& B Young Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/h-and-b-young-foundation-morg_fbc772db3a30455da37a19de49605893},
  note         = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from H & B Young Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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