Young Family Foundation of Waterloo Iowa

Private foundation · Grantmaker Waterloo, IA EIN: 42-1356506

The Young Family Foundation of Waterloo Iowa is a private foundation based in Waterloo, Iowa. Its 2025 filing describes a geographic restriction to the Northeast Iowa area and activities involving the environment, recreation, and education; its listed grants include youth programs and wildlife preservation.

Key facts about Young Family Foundation of Waterloo Iowa

In short: Young Family Foundation of Waterloo Iowa gave $500K across 15 grants in 2025 (avg $33K), mostly in Iowa. 27% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
42-1356506
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$500,000
Grants made (2025)
15
Average grant
$33,333
Median grant
$20,000
New grantees (estimate)
27% first-time grantees (4 of 15, 2025; small sample)
Total assets
$8,627,789
Primary geography
Iowa (92% of itemized 2025 grant dollars)
How to apply
Contact the Young Family Foundation with a letter of explanation and the amount requested. Full details ↓
Deadline
None stated.

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.6M

-0.5% YoY

Annual Giving

$500K

+20.5% YoY

Grant Count

15

+36.4% YoY

Avg Grant Size

$33K

-11.6% YoY

Under IRS private-foundation payout rules, Young Family Foundation of Waterloo Iowa reported a distributable amount of $514K for 2025 — the minimum it must pay out in qualifying distributions.

Is Young Family Foundation of Waterloo Iowa open to new grantees?

27%

first-time grantees, 2025

In 2025, 4 of 15 grantees (27%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $30K; repeat grants $35K. How we count

Medians: $8K first-time, $20K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants list youth programs and wildlife preservation as purposes. The filing also identifies environmental, recreational, and educational activities or improvements in Northeast Iowa as restrictions on awards.

Among the organizations it supported, Wartburg College describes its mission as challenging and nurturing students for lives of leadership and service. The Iowa Natural Heritage Foundation says it protects and restores Iowa’s land, water, and wildlife, with priorities including permanent land protection and improved land management.

Grantmaking

In filing year 2025, the foundation made 15 grants totaling $500,000. Grants ranged from $5,000 to $150,000, with a median of $20,000. Notable awards included $150,000 to UNI Foundation for youth programs, $100,000 to Waterloo Development Corp. for youth programs, and $50,000 to Wartburg College for youth programs. Other grants included $30,000 each to Cedar Valley Monarch Project for wildlife preservation and City of Waterloo Leisure Services for youth programs, and $20,000 to Iowa Natural Heritage Foundation for wildlife preservation.

Review Cycle

None stated.

How to Apply

Contact the Young Family Foundation with a letter of explanation and the amount requested. The filing states that awards are restricted to the Northeast Iowa area for environmental, recreational, and educational activities or improvement.

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Geographic Focus

Where this funder awards grants

The filing restricts awards to the Northeast Iowa area for environmental, recreational, and educational activities or improvement. In 2025, 92% of grant dollars went to recipients in Iowa and 8% to recipients in Minnesota.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 15 itemized grants.

Cities

WaterlooDes MoinesCedar FallsLakeviewSt. PaulHopkintonWaverlyGranger

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K13 grants2020 15 grants2021 18 grants2022 16 grants2023 11 grants2024 15 grants2025

From 2020 to 2025, annual grant giving ranged from $397K (2020) to $500K (2025). In 2025 it made 15 grants totaling $500K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

UNI Foundation: $150KUNI Foundation$150KWaterloo Development Corp: $100KWaterloo Development Corp$100KWartburg College: $50KWartburg College$50KCedar Valley Monarch Project: $30KCedar Valley Monarch Project$30KCity of Waterloo Leisure Services: $30KCity of Waterloo LeisureServices$30KDucks Unlimited - Iowa Chapter: $20KDucks Unlimited - Iowa Chapter$20KIowa Natural Heritage Foundation: $20KIowa Natural HeritageFoundation$20KNature Conservancy-Iowa Chapter: $20KNature Conservancy-IowaChapter$20KPheasants Forever-Iowa Chapter: $20KPheasants Forever-Iowa Chapter$20KBoys & Girls Club: $15KBoys & Girls Club$15K

The largest 2025 recipient was UNI Foundation ($150K). Together the top 10 received $455K.

Grant Size Distribution

75 grants across all recorded years

57<$50K13$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 57 grants of 75 (76%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNI Foundation Cedar Falls, IAYouth Programs$150,000
Waterloo Development Corp Waterloo, IAYouth Programs$100,000
Wartburg College Waverly, IAYouth Programs$50,000
Cedar Valley Monarch Project Waterloo, IAWildlife Preservation$30,000
City of Waterloo Leisure Services Waterloo, IAYouth Programs$30,000
Ducks Unlimited - Iowa Chapter Lakeview, MNWildlife Preservation$20,000
Iowa Natural Heritage Foundation Des Moines, IAWildlife Preservation$20,000
Nature Conservancy-Iowa Chapter Des Moines, IAWildlife Preservation$20,000
Pheasants Forever-Iowa Chapter St. Paul, MNWildlife Preservation$20,000
Boys & Girls Club Waterloo, IAYouth Programs$15,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $8,627,789 $632,878 $679,336 $500,000 15
2024 $8,674,247 $708,632 $533,009 $415,000 11
2023 $8,533,322 $379,180 $645,844 $462,500 16
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,627,789$8,674,247$8,533,322
Revenue$632,878$708,632$379,180
Expenses$679,336$533,009$645,844
Qualifying Distributions$512,549$410,757$473,967
Net Investment Income$492,512$579,545$213,459
Distributable Amount$514,223$488,745$460,677

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 16, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 4, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS August 17, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Richard C. Young as president, Travis Young as secretary/treasurer, and Michael R. Young as vice president.

Young Family Foundation of Waterloo Iowa is led by Michael R. Young, V. President since 2022 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael R. Young

    V. President

    Director → V. President, 2022

    On filings since 2020

    No compensation reported

  • Richard C. Young

    President

    On filings since 2020

    No compensation reported

  • Travis Young

    Secretary

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Thomas S. Young (2020–2021) — Vice President

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Young Family Foundation
Mailing address: C/O Richard C Young, Box 1077, Waterloo, IA 50704-1077
Phone: (319) 234-4411

Frequently asked questions about Young Family Foundation of Waterloo Iowa

How much does Young Family Foundation of Waterloo Iowa give each year?

Young Family Foundation of Waterloo Iowa gave $500K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $415K across 11 grants.

What is Young Family Foundation of Waterloo Iowa's typical grant size?

Young Family Foundation of Waterloo Iowa's median grant in 2025 was $20,000, and its average grant was $33,333, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Young Family Foundation of Waterloo Iowa that year got $30K on average.

Where does Young Family Foundation of Waterloo Iowa give grants?

Young Family Foundation of Waterloo Iowa gives mostly in Iowa: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (8%). The most frequent recipient cities were Waterloo, IA (9 grants) and Des Moines, IA (2 grants).

Does Young Family Foundation of Waterloo Iowa give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Young Family Foundation of Waterloo Iowa's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Youth Programs" (9 grants) and "Wildlife Preservation" (6 grants).

Who are Young Family Foundation of Waterloo Iowa's largest grantees?

Young Family Foundation of Waterloo Iowa's largest 2025 grantees include UNI Foundation ($150,000), Waterloo Development Corp ($100,000) and Wartburg College ($50,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.

How large is Young Family Foundation of Waterloo Iowa?

Young Family Foundation of Waterloo Iowa reported $8.6M in total assets on its 2025 IRS Form 990-PF. It paid out $513K in qualifying distributions that year, against a required minimum of $514K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Young Family Foundation of Waterloo Iowa fund?

No mission statement for the foundation is provided. Its 2025 grants list youth programs and wildlife preservation as purposes. The filing also identifies environmental, recreational, and educational activities or improvements in Northeast Iowa as restrictions on awards. See mission & focus areas ↑

How do I apply for a grant from Young Family Foundation of Waterloo Iowa?

Contact the Young Family Foundation with a letter of explanation and the amount requested. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Young Family Foundation of Waterloo Iowa's EIN?

Young Family Foundation of Waterloo Iowa's EIN (Employer Identification Number) is 42-1356506. IRS Form 990 filing data is available on this page for 2020–2025.

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

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