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 Budget
The Youth Achievement Foundation is privately funded and currently supports mentoring programs in Garland, Houston, Irving and South San Antonio, Texas. Each city represents a separate cost center within an overall corporate framework.
Budgets are approved annually by the Board of Directors. Most of our funding comes in the form of unrestricted donations which are distributed throughout the state on a need basis, as determined by our Board of Directors. We also receive several “restricted” grants where the donor directs us to use their contributions in specific cities or for specific purposes.
Records of our donations and expenses are reported annually to the Internal Revenue Service using IRS form 990. These records are available upon request and can also be viewed by the public at: www.guidestar.org
Resources
YAF is a privately funded, 501(c) (3) nonprofit corporation that depends on community support. Our largest sponsor is Walgreens. Our other funding partners include: George W. Brackenridge Foundation, Deluxe Corporation Foundation, The Max & Victoria Dreyfus Foundation, Inc., 84 Lumber Company, Kraft Foods, Inc., Staples Foundation for Learning, Verizon Foundation, West Group Community Partnership Program, Don & Lynn Busman, Ellen Dooley, Gilbert Garza, Thomas Maggio, Mari Sullivan, Lawrence E. & Mary Kay Whaley, along with other donors who wish to remain anonymous.
 Board of Directors
Our Board of Directors is made up of business professional from Dallas, Houston and San Antonio. The President is Lawrence E. Whaley, J.D., CLU, of Dallas.
Additional board members include: J.L. Marti, director of the Chaucer Drive Study Center, Houston, Secretary; Alex Herrera, Aetna Insurance of San Antonio; Karen Hydock, Plastics Resources Associates, Dallas; and Matthew James, Alcatel.
Board members are volunteers and are selected for their expertise, experience with our program, and their desire to serve the community.
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