FM and Gloria Young Family Foundation
Preselected recipients only
FM and Gloria Young Family Foundation is a private foundation in Waco, Texas. In tax year 2025 it gave $52,500 in 9 grants; the typical grant was $5,000 and the largest $15,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$52,500
- Number of grants9
- Typical grant$5,000
- Largest grant$15,000
- Assets$1.5 million
- New grantees38%
Giving in 2025 was down from $56,636 the year before.
38% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $500 | 1 | $1.3 million |
| 2024 | $56,636 | 10 | $1.4 million |
| 2025 | $52,500 | 9 | $1.5 million |
How to apply
FM and Gloria Young Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What FM and Gloria Young Family Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 7 | $51,000 |
| Florida | 1 | $1,000 |
| New York | 1 | $500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| The Salvation Army Wacomclennan County | Community development | $15,000 |
| Speegleville Volunteer Fire Department | New fire station building fund | $15,000 |
| Baylor University | Texas collection-special | $5,000 |
| Eagle's Wings Retreat Center | Endowment | $5,000 |
| Baylor University | Vera daniel memorial village beautification fund | $5,000 |
| McLennan Community College Foundation | Student scholarships | $5,000 |
| Family Abuse Center | General opperating support | $1,000 |
| Shriners Children's Hospital | Pediatric specialty care | $1,000 |
| Colel Chabad | Israeli social service agency | $500 |
Officers and trustees
- Gloria Young
- Davis Young
- Melanie Sheedy
- Kimberly Jung
- Susan Abplanalp
Questions people ask
Does FM and Gloria Young Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does FM and Gloria Young Family Foundation give?
$52,500 in tax year 2025, across 9 grants, with a typical grant of $5,000.
Who runs FM and Gloria Young Family Foundation?
Its 2025 filing lists Gloria Young (President/Secretary/Direct), Davis Young (Director), Melanie Sheedy (Director) and Kimberly Jung (Director) among 5 officers and trustees.
What does FM and Gloria Young Family Foundation fund?
Based on its grants, mainly community development, human services and education.