Stanton L Young Foundation Inc
- Assets
- $606.2k
- Revenue
- $388.6k
- Investments
- $320.0k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 01/1963
- Data as of
- 12/2021
- EIN
- 73-0742287
Organization Overview
Stanton L Young Foundation Inc is located in Oklahoma City, OK. The organization was established in 1963. 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. Stanton L Young Foundation Inc 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 12/2021, Stanton L Young Foundation Inc generated $388.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $174.4k during the year ending 12/2021. While expenses have increased by 2.7% 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, Stanton L Young Foundation Inc has awarded 25 individual grants totaling $305,988. 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 |
|---|---|---|---|
Jill Swisher Secretary | 40 | $23,535 | |
Dan Batchelor Treasurer | 1 | $0 | |
Lee Young President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,294 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,851 |
| Capital Gain Net Income | $35,851 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $331,486 |
| Total Revenue | $388,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,535 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,719 |
| Depreciation | $49,723 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,311 |
| Total operating and administrative expenses | $102,788 |
| Contributions, gifts, grants paid | $71,633 |
| Total expenses and disbursements | $174,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,407 |
| Savings and temporary cash investments | $12 |
| Net Accounts receivable | $32,445 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,306 |
| Total assets | $606,197 |
| Accounts payable and accrued expenses | $22 |
| 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 | $0 |
| Total liabilities | $22 |
Grants Awarded
Over the last fiscal year, Stanton L Young Foundation Inc has awarded $71,633 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: CHARITABLE | $53,800 |
CHILDREN'S HOSPITAL FOUNDATION PURPOSE: CHARITABLE | $10,000 |
Oklahoma City, OK PURPOSE: CHARITABLE | $5,000 |
OU COLLEGE OF MEDICINE PURPOSE: CHARITABLE | $1,833 |
Oklahoma City, OK PURPOSE: CHARITABLE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |