Hugo H And Mabel B Young Foundation
- Assets
- $0.0
- Revenue
- $235.5k
- Investments
- $4.7m
- Employees
- 0
- Location
- Loudonville, OH
- Founding
- 01/1965
- Data as of
- 04/2021
- EIN
- 34-6560664
Organization Overview
Hugo H And Mabel B Young Foundation is located in Loudonville, OH. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hugo H And Mabel B Young Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2021, Hugo H And Mabel B Young Foundation generated $235.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $334.8k during the year ending 04/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hugo H And Mabel B Young Foundation has awarded 88 individual grants totaling $1,442,426. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronny Portz Trustee | 0.25 | $1,500 | |
Michael C Bandy Trustee | 0.25 | $1,500 | |
Barb Burd President | 0.25 | $1,500 | |
Dr Jon H Cooperrider II Vice Preside | 0.25 | $1,500 | |
Tami Reynolds Trustee | 0.25 | $1,500 | |
Joseph P Gibbons Tr/counsel | 0.25 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $51 |
| Dividends & Interest | $113,626 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,462 |
| Total Revenue | $235,505 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $33,327 |
| Contributions, gifts, grants paid | $301,434 |
| Total expenses and disbursements | $334,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,270 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hugo H And Mabel B Young Foundation has awarded $329,934 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
LOUDONVILLE PERRYSVILLE SCHOOLS PURPOSE: GENERAL PURPOSE | $71,449 |
LOUDONVILLE PUB LIBRARY PURPOSE: FD GENERAL PURPOSE | $40,000 |
MOHICAN AREA GROWTH FDN PURPOSE: GENERAL PURPOSE | $30,000 |
LOUDONVILLE FIRE DEPT PURPOSE: FD GENERAL PURPOSE | $25,000 |
GREEN-PERRYSVILLE FIRE DEPT PURPOSE: GENERAL PURPOSE | $18,500 |
LOUDONVILLE PERRYSVILLE SCHOOLS PURPOSE: SCHOLARSHIPS | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |