The Yonge Foundation
- Assets
- $11.5m
- Revenue
- $176.2k
- Investments
- $11.0m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 74-2846089
Organization Overview
The Yonge Foundation is located in Austin, TX. The organization was established in 1997. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yonge 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 12/2023, Yonge Foundation generated $176.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $802.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Yonge Foundation has awarded 214 individual grants totaling $2,366,125. 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 |
|---|---|---|---|
Christine P Yonge Treasurer | 1 | $0 | |
Jon Christian Yonge Secretary | 1 | $0 | |
Jon Yonge Co-President | 10 | $55,000 | |
Weston Yonge Co-President | 10 | $55,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $88,668 |
| Dividends & Interest | $202,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$138,938 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,393 |
| Total Revenue | $176,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90,704 |
| Total operating and administrative expenses | $216,046 |
| Contributions, gifts, grants paid | $586,645 |
| Total expenses and disbursements | $802,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $490,098 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $75,268 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,515,116 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Yonge Foundation has awarded $586,645 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF AUSTIN PURPOSE: GENERAL FUND | $55,000 |
AUSTIN HIGH SCHOOL PURPOSE: GENERAL FUND | $8,219 |
CENTRAL TEXAS FOOD BANK PURPOSE: GENERAL FUND | $10,000 |
NATIONAL CENTER MISS AND EXPLOITED PURPOSE: GENERAL FUND | $11,049 |
THE ARC CAPITAL AREA PURPOSE: GENERAL FUND | $25,962 |
SEEDLING FOUNDATION PURPOSE: GENERAL FUND | $20,010 |