Hugo H & Mabel B Young Foundation
The Hugo H & Mabel B Young Foundation is a private foundation incorporated in 1963 in Ohio and based in Loudonville, Ohio. The foundation was established by Hugo H. Young and Mabel B. Young to support worthy charitable causes in their community. Hugo Young was one of the founders of the Flexible Sidecar Company (later Flxible Co.) in 1913, which became a major bus manufacturer. Throughout their lives, the Youngs were philanthropic supporters of local schools, libraries, health care, music and the arts, business development, and public safety.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.8M
+0.1% YoY
Annual Giving
$246K
-31.8% YoY
Grant Count
18
-18.2% YoY
Avg Grant Size
$14K
-16.7% YoY
Under IRS private-foundation payout rules, Hugo H & Mabel B Young Foundation reported a distributable amount of $328K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission, as instructed by its founders, is to "Support worthy charitable causes which benefit the wide community in which they were active and known."
Primary funding areas include:
- Education (particularly scholarships)
- Arts and culture
- Health care
- Public safety
- Community development
- Historical preservation
Grantmaking
The foundation awards grants to local organizations and operates a signature scholarship program.
Review Cycle
**: April 1 (as of 2016)
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Geographic Focus
Where this funder awards grants
The foundation focuses on Loudonville, Ohio and the surrounding community where Hugo and Mabel Young were active and known.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2024):
- Total Assets: $4,838,534
- Total Giving: $360,456
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,841,876 | $4,838,534 | $4,956,441 |
| Revenue | $280,832 | $270,774 | $222,610 |
| Expenses | $277,490 | $388,681 | $299,569 |
| Qualifying Distributions | $255,963 | $371,052 | $278,346 |
| Net Investment Income | $264,181 | $254,522 | $206,966 |
| Distributable Amount | $327,783 | $296,729 | $286,480 |
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 2025
Grant Size Distribution
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Loudonville Perrysville School District ($40,120), Loudonville Public Library ($35,000), Mohican Area Growth Foundation ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Appleseed Community Mental Health Center Ashland, OH | Spark Program | $2,500 |
| Ashland Symphony Orchestra Ashland, OH | Operating | $20,000 |
| Catholic Charities Services Cleveland, OH | Golden Center in Loudonville | $12,000 |
| Community Help Mission Loudonville, OH | Operating | $5,000 |
| Friends of Wolf Crk Pine Run Grist Mill Norwalk, OH | Hoover Cabin Chinking | $2,500 |
| Green Perrysville Fire Department Perrysville, OH | Fire Gear Dryer | $6,995 |
| Loudonville Agricultural Society Loudonville, OH | Junior and Senior Fair Sponsorships | $8,000 |
| Loudonville Church Women Loudonville, OH | Purchase school supplies | $3,000 |
| Loudonville Perrysville School District Loudonville, OH | Scholarships | $17,500 |
| Loudonville Perrysville School District Loudonville, OH | STEM Kits | $40,120 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ronny Portz | Secretary | 1.75 | $2,000 |
| Barb Burd | President | 0.25 | $1,500 |
| Dr Jon H Cooperrider II | Vice President | 0.25 | $1,500 |
| Tami Reynolds | Trustee | 0.25 | $1,500 |
| Michael C Bandy | Trustee | 0.25 | $1,500 |
| Ronny Portz | Trustee | 0.25 | $1,500 |
| Joseph P Gibbons | Trustee | 0.25 | $1,500 |
| Brian Hinkle | Treasurer | 1.25 | $1,500 |
| Brian Hinkle | Trustee | 0.25 | $1,500 |
Contact Information
- Address: PO Box 63, Loudonville, OH 44842-0063
- Telephone: 567-215-7402
- Website: hmyoung.org
- Email: hugomabelyoung@gmail.com
Frequently Asked Questions
What does Hugo H & Mabel B Young Foundation fund?
The foundation's mission, as instructed by its founders, is to "Support worthy charitable causes which benefit the wide community in which they were active and known." Primary funding areas include: • Education (particularly scholarships) • Arts and culture • Health care • Public safety • Community development • Historical preservation
How do I apply for a grant from Hugo H & Mabel B Young Foundation?
The foundation awards grants to local organizations and operates a signature scholarship program. **The Hugo H. and Mabel B. Young Outstanding Citizen Scholarship** Established in 1990, this scholarship recognizes academic achievement by students who are leaders and good citizens—qualities fostered by Hugo and Mabel Young during their lifetimes. The scholarship is awarded to graduates of Loudonville High School. • **Award Structure**: Two scholarships are awarded annually—one to a male graduate…
Where does Hugo H & Mabel B Young Foundation make grants?
The foundation focuses on Loudonville, Ohio and the surrounding community where Hugo and Mabel Young were active and known.
What size grants does Hugo H & Mabel B Young Foundation award?
In 2025, Hugo H & Mabel B Young Foundation awarded 18 grants totaling $246K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Hugo H & Mabel B Young Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Hugo H & Mabel B Young Foundation reported a distributable amount of $328K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hugo H & Mabel B Young Foundation's EIN?
Hugo H & Mabel B Young Foundation's EIN (Employer Identification Number) is 34-6560664. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Hugo H & Mabel B Young Foundation'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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