Bill B Young Foundation
- Assets
- $1.3m
- Revenue
- $521.9k
- Investments
- $1.2m
- Employees
- 0
- Location
- Council Grove, KS
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 48-1161082
Organization Overview
Bill B Young Foundation is located in Council Grove, KS. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bill 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 12/2022, Bill B Young Foundation generated $521.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $150.0k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bill B Young Foundation has awarded 158 individual grants totaling $848,127. 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 |
|---|---|---|---|
Farmers Drovers Bank Trustee | 1 | $0 | |
Julie Hower Committee Person | 0.25 | $0 | |
Steve White Committee Person | 0.25 | $0 | |
Martha White Committee Person | 0.25 | $0 | |
Amy Allen Committee Person | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $420 |
| Dividends & Interest | $24,322 |
| Net Rental Income | $10,991 |
| Net Gain on Sale of Assets | $466,349 |
| Capital Gain Net Income | $466,349 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $521,870 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,739 |
| Depreciation | $3,027 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,207 |
| Total operating and administrative expenses | $38,859 |
| Contributions, gifts, grants paid | $111,134 |
| Total expenses and disbursements | $149,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,619 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $151,461 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,335,912 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,454 |
| Total liabilities | $6,454 |
Grants Awarded
Over the last fiscal year, Bill B Young Foundation has awarded $111,134 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
COUNCIL GROVE COMMUNITY ARTS COUNCIL PURPOSE: SUMMER YOUTH & PROGRAM SUPPORT | $6,534 |
COUNCIL GROVE LIFE CENTER PURPOSE: POOL IMPROVEMENTS & PROGRAM SUPPORT | $45,000 |
WHITE MEMORIAL CAMP PURPOSE: KIDS TO CAMP | $2,500 |
COUNCIL GROVE POLICE DEPARTMENT PURPOSE: K-9 | $12,000 |
COUNCIL GROVEMORRIS CO CHAMBER PURPOSE: WASHUNGA | $7,500 |
CASA OF THE 8TH JUDICIAL DISTRICT INC PURPOSE: PROGRAM SUPPORT | $3,000 |