Stanton L Young Foundation Inc
- Assets
- $531.1k
- Revenue
- $780.4k
- Investments
- $320.0k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 01/1963
- Data as of
- 12/2022
- 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 12/2022, Stanton L Young Foundation Inc generated $780.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $564.1k during the year ending 12/2022. While expenses have increased by 23.0% 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 34 individual grants totaling $712,604. 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 |
|---|---|---|---|
Dan Batchelor Secretary/treasurer | 1 | $0 | |
Jill Swisher Chief Operating Officer | 40 | $32,650 | |
Marie Elise Young President | 1 | $0 | |
Stephen Young Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,446 |
| Capital Gain Net Income | $35,446 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $721,632 |
| Total Revenue | $780,380 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,650 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,971 |
| Depreciation | $108,260 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,534 |
| Total operating and administrative expenses | $177,115 |
| Contributions, gifts, grants paid | $386,948 |
| Total expenses and disbursements | $564,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,343 |
| 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 | $2 |
| Other assets | $8,306 |
| Total assets | $531,135 |
| 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 $386,948 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITIES FOUNDATION OF OKLAHOMA PURPOSE: CHARITABLE | $150,000 |
DEAN MCGEE EYE INSTITUTE PURPOSE: CHARITABLE | $175,000 |
CASADY SCHOOL PURPOSE: CHARITABLE | $25,000 |
OU COLLEGE OF MEDICINE PURPOSE: CHARITABLE | $11,948 |
CHILDREN HEALTH FOUNDATION PURPOSE: CHARITABLE | $10,000 |
OKLAHOMA CENTER FOR NONPROFITS PURPOSE: CHARITABLE | $5,000 |