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.
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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
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 |
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 include Nevada Diabetes Association ($12,000), Tmcc Foundation ($12,000), Little Flower School ($11,666).
| Recipient | Purpose | Amount |
|---|---|---|
| BILL KAHL COMM CHALLENGE - CARE CHEST RENO, NV | PROGRAM SUPPORT | $1,000 |
| BOOSTED DIPLOMAS RENO, NV | PROGRAM SUPPORT | $5,000 |
| CARMEL OF RENO RENO, NV | SUPPORT | $5,000 |
| DOMESTIC VIOLENCE RESOURCE CENTER RENO, NV | PROGRAM SUPPORT | $10,000 |
| EDDY HOUSE RENO, NV | PROGRAM SUPPORT | $10,000 |
| FOR KIDS FOUNDATION RENO, NV | PROGRAM SUPPORT | $5,000 |
| LITTLE FLOWER SCHOOL RENO, NV | PROGRAM SUPPORT | $11,666 |
| NEVADA DIABETES ASSOCIATION RENO, NV | PROGRAM SUPPORT | $12,000 |
| NORTHERN NEVADA HOPES RENO, NV | PROGRAM SUPPORT | $10,000 |
| PIONEER CENTER RENO, NV | PROGRAM SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Susanne & Gloria Young Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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