The Yonge Foundation is a private operating foundation based in Austin, Texas. Established in 1997, it operates as a 501(c)(3) organization with a focus on human services and charitable giving within the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.3M
-1.5% YoY
Annual Giving
$456K
-22.3% YoY
Grant Count
55
+5.8% YoY
Avg Grant Size
$8K
-26.5% YoY
Under IRS private-foundation payout rules, The Yonge Foundation reported a distributable amount of $631K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Human Services
- Education
- Philanthropy, Voluntarism & Grantmaking
The foundation also hosts a 25-year virtual telethon as part of its activities.
Grantmaking
Grant Range
s:**
Average Grant
$7,000–$11,000
Review Cycle
- No required application format
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking primarily in Texas, New York, and Virginia, which account for 74% of all grants. Grantmaking reaches organizations across 19 states total.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $11,343,295 (as of 2024)
- Total giving (2024): $455,768
- Annual income: $1.5M
- Total revenues (2024): $516,319
- Total expenses (2024): $685,640
- Investment income and dividends (2024): $319,239
- Net gain from sale of non-inventory assets (2024): $165,492
Asset Growth:
- Assets grew from $216,000 in 2011 to $11.5M in 2023
Tax Status:
- Contributions are tax-deductible
- IRS ruling year: 1997
- EIN: 74-2846089
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,343,295 | $11,515,116 | $12,149,979 |
| Revenue | $516,319 | $176,152 | $-22,779 |
| Expenses | $685,640 | $802,691 | $749,366 |
| Qualifying Distributions | $525,768 | $656,645 | $619,917 |
| Net Investment Income | $150,898 | $158,217 | $153,957 |
| Distributable Amount | $631,393 | $589,617 | $594,815 |
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
220 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Red Oak Hope ($65,000), American Ballet Theater ($40,000), Ymca of Austin ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUSTIN HIGH SCHOOL AUSTIN, TX | GENERAL FUND | $1,000 |
| YMCA OF AUSTIN AUSTIN, TX | GENERAL FUND | $30,000 |
| CENTRAL TEXAS FOOD BANK AUSTIN, TX | GENERAL FUND | $10,000 |
| THE ARC CAPITAL AREA AUSTIN, TX | GENERAL FUND | $20,402 |
| NATIONAL CENTER MISS AND EXPLOITED ALEXANDRIA, VA | GENERAL FUND | $2,000 |
| FOUNDATION COMMUNITIES AUSTIN, TX | GENERAL FUND | $15,000 |
| SEEDLING FOUNDATION AUSTIN, TX | GENERAL FUND | $30,000 |
| RED OAK HOPE AUSTIN, TX | GENERAL FUND | $65,000 |
| HELPING HAND HOME FOR CHILDREN AUSTIN, TX | GENERAL FUND | $20,000 |
| YOUNG LIFE HARLAN, IA | GENERAL FUND | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Principal Officer: George Yonge
- Governance: 4 officers and trustees
The foundation is also known as the George and Peggy Yonge Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINE P YONGE | TREASURER | — | — |
| JON CHRISTIAN YONGE | SECRETARY | — | — |
| JON YONGE | CO-PRESIDENT | 5 | $55,000 |
| WESTON YONGE | CO-PRESIDENT | 5 | $55,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Yonge Foundation fund?
The foundation's primary funding areas include: • Human Services • Education • Philanthropy, Voluntarism & Grantmaking The foundation also hosts a 25-year virtual telethon as part of its activities.
How do I apply for a grant from The Yonge Foundation?
**Grant Activity:** • Total grants made: 154 grants totaling $1.7M (historical data) • Recent annual distribution: $455,768 to $601,000 annually (2021-2024) • Number of grantees: 89 unique organizations supported • Recent grant activity: 26 grants made in 2024 **Grant Sizes:** • Smallest grant: $475–$500 • Median grant: $3,000–$5,000 • Average grant: $7,000–$11,000 • Largest grant: $55,000–$138,000 **Application Process:** • No submission deadlines • No required application format • No restrict…
Where does The Yonge Foundation make grants?
The foundation concentrates its grantmaking primarily in Texas, New York, and Virginia, which account for 74% of all grants. Grantmaking reaches organizations across 19 states total.
What size grants does The Yonge Foundation award?
In 2024, The Yonge Foundation awarded 55 grants totaling $456K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Yonge Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Yonge Foundation reported a distributable amount of $631K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Yonge Foundation's EIN?
The Yonge Foundation's EIN (Employer Identification Number) is 74-2846089. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Yonge 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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