Nonprofit · EIN 94-3373578
FRANK AND IRIS YOUNG FOUNDATION
Tax-exempt · FREMONT, CA 94539
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $390,742 | $61,780 | $328,962 | $792,588 | $0 | $792,588 |
| December 31, 2024 | 990-PF | $104,947 | $85,050 | $19,897 | $450,604 | $0 | $450,604 |
| December 31, 2023 | 990-PF | $46,236 | $100,414 | -$54,178 | $430,707 | $0 | $430,707 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $7,387
- Interest
- $1,947
- Net gain from sales of assets
- $81,242
- Other income
- $300,166
Expenses
- Grants and similar amounts paid
- $43,450
- Disbursements for charitable purposes
- $43,450
- Excise tax on investment income
- $1,259
Balance sheet and other
- Total assets, start of year
- $450,604
- Total assets, end of year
- $792,588
- Total liabilities, end of year
- $0
- Net assets, end of year
- $792,588
- Fair market value of assets
- $1,123,609
- Qualifying distributions
- $43,450
- Net investment income
- $90,576
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary Young 44303 View Point Circle, Fremont, CA 94539 | Presiden CEO | 10 | $0 |
| Kaite Wu 13416 Glen Leaway, Rockfield, MD 20850 | Secretary | 1 | $0 |
| Ru Wu 405 East 56th Street, New York, NY 10022 | CFO | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary Young 44303 View Point Circle, Fremont, CA 94539 | Presiden CEO | 10 | $0 |
| Kaite Wu 13416 Glen Leaway, Rockfield, MD 20850 | Secretary | 1 | $0 |
| Ru Wu 405 East 56th Street, New York, NY 10022 | CFO | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary Young 44303 View Point Circle, Fremont, CA 94539 | Presiden CEO | 10 | $0 |
| Kaite Wu 13416 Glen Leaway, Rockfield, MD 20850 | Secretary | 1 | $0 |
| Ru Wu 405 East 56th Street, New York, NY 10022 | CFO | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 44303 VIEW POINT CIR, FREMONT, CA 94539-6258
- In care of
- % GARY S YOUNG
- Signed the 990-PF
- Gary Young, President
- Phone
- (510) 701-2886
- Return prepared by
- Nelson N Hsiu CPA Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3373578 or by the name FRANK AND IRIS YOUNG FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 94-3373578
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $792,588
- Income (IRS master file)
- $557,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $390,742 | $61,780 | $792,588 | XML |
| 990-PF | December 2024 | $104,947 | $85,050 | $450,604 | IRS |
| 990-PF | December 2023 | $46,236 | $100,414 | $430,707 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-3373578).
Questions about FRANK AND IRIS YOUNG FOUNDATION
- What is the EIN of FRANK AND IRIS YOUNG FOUNDATION?
- The employer identification number (EIN) of FRANK AND IRIS YOUNG FOUNDATION is 94-3373578.
- Is FRANK AND IRIS YOUNG FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to FRANK AND IRIS YOUNG FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FRANK AND IRIS YOUNG FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRANK AND IRIS YOUNG FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANK AND IRIS YOUNG FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of FRANK AND IRIS YOUNG FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FRANK AND IRIS YOUNG FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $390,742, expenses of $61,780 and total assets of $792,588 at year end.
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