Susanne & Gloria Young Foundation
Susanne & Gloria Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $557K in total assets. In 2024, it awarded 13 grants totaling $112K. Net investment income was $18K.
Key facts about Susanne & Gloria Young Foundation
- EIN
- 26-3617880
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $111,666
- Grants made (2024)
- 13
- Average grant
- $8,590
- Median grant
- $10,000
- New grantees (estimate)
- 31% first-time grantees (4 of 13, 2024)
- Total assets
- $557,191
- Primary geography
- Nevada (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Susanne & Gloria Young Foundation funds
By grant dollars, the top recipient states for Susanne & Gloria Young Foundation's 13 itemized 2024 grants were Nevada (100%). The most frequent recipient cities were Reno, NV (13 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (10 grants).
Is Susanne & Gloria Young Foundation open to new grantees?
31%
first-time grantees, 2024
In 2024, 4 of 13 grantees (31%) were first-time recipients. First grants averaged $9K; repeat grants $9K. How we count
Medians: $10K first-time, $10K repeat.
- 62% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−2%). Method
- In 2024 it paid out 270% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Susanne & Gloria Young Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$557K
-15.7% YoY
Annual Giving
$112K
-0.0% YoY
Grant Count
13
-13.3% YoY
Avg Grant Size
$9K
+15.4% YoY
Under IRS private-foundation payout rules, Susanne & Gloria Young Foundation reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Susanne & Gloria Young Foundation
Based on IRS filings
Susanne & Gloria Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $557K in total assets. In 2024, it awarded 13 grants totaling $112K. Net investment income was $18K.
Focus Areas
Ready to take the next step with Susanne & Gloria Young Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $557,191 | $661,338 | $772,751 |
| Revenue | $36,327 | $20,472 | $14,835 |
| Expenses | $140,474 | $131,885 | $141,162 |
| Qualifying Distributions | $122,409 | $113,206 | $121,503 |
| Net Investment Income | $18,262 | $5,762 | $13,866 |
| Distributable Amount | $45,403 | $45,024 | $49,327 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Nevada Diabetes Association ($12,000), TMCC Foundation ($12,000), Little Flower School ($11,666).
| Recipient | Purpose | Amount |
|---|---|---|
| NEVADA DIABETES ASSOCIATION Reno, NV | PROGRAM SUPPORT | $12,000 |
| TMCC FOUNDATION Reno, NV | SUPPORT | $12,000 |
| LITTLE FLOWER SCHOOL Reno, NV | PROGRAM SUPPORT | $11,666 |
| DOMESTIC VIOLENCE RESOURCE CENTER Reno, NV | PROGRAM SUPPORT | $10,000 |
| EDDY HOUSE Reno, NV | PROGRAM SUPPORT | $10,000 |
| NORTHERN NEVADA HOPES Reno, NV | PROGRAM SUPPORT | $10,000 |
| PIONEER CENTER Reno, NV | PROGRAM SUPPORT | $10,000 |
| PROJECT 150 RENO Reno, NV | PROGRAM SUPPORT | $10,000 |
| UNR DEAN OF FUTURE SCHOLARS Reno, NV | SCHOLARSHIP PROGRAM | $10,000 |
| BOOSTED DIPLOMAS Reno, NV | PROGRAM SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Susanne Pennington | Trustee | — | — |
| Bernie Carter | Trustee | — | — |
| Michelle Kling | Trustee | — | — |
| Jill Gianoli | Trustee | — | — |
| Richard Reynolds | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Susanne & Gloria Young Foundation?
Susanne & Gloria Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. It holds $557K in total assets as of 2024.
How large is Susanne & Gloria Young Foundation?
As of 2024, Susanne & Gloria Young Foundation holds $557K in total assets with $36K in annual revenue. It awarded 13 grants totaling $112K in 2024.
Where does Susanne & Gloria Young Foundation operate?
Susanne & Gloria Young Foundation has awarded grants in Nevada.
What size grants does Susanne & Gloria Young Foundation award?
In 2024, Susanne & Gloria Young Foundation awarded 13 grants totaling $112K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Susanne & Gloria Young Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Susanne & Gloria Young Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Susanne & Gloria Young Foundation's EIN?
Susanne & Gloria Young Foundation's EIN (Employer Identification Number) is 26-3617880. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.