Carol Elizabeth Young Foundation
Carol Elizabeth Young Foundation is a private foundation focused on Human Services, based in Norwich, VT. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $265K. Net investment income was $3K.
Carol Elizabeth Young Foundation at a glance
In short: Carol Elizabeth Young Foundation gave $265K across 3 grants in 2023 (avg $88K), mostly in Oklahoma. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $264,555
- +381.0% vs 2022
- Grants made (2023)
- 3
- +50.0% vs 2022
- Average grant
- $88,185
- +220.7% vs 2022
- Median grant
- $60,000
- Primary geography
- Oklahoma (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Carol Elizabeth Young Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was The University of Oklahoma Fdn ($202K). Together the top 3 received $265K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 6 grants of 9 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
States
Cities
How Carol Elizabeth Young Foundation gives
- Giving grew 429% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $50K (2020) to $265K (2023). In 2023 it made 3 grants totaling $265K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The University of Oklahoma Fdn Norman, OK | General Purposes | $202,055 |
| World Neighbors Oklahoma City, OK | General Purposes | $60,000 |
| Meals on Wheels of Metro Tulsa Tulsa, OK | General Purposes | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $3,231 | $265,331 | $264,555 | 3 | $264,940 | $2,846 | $6,288 |
| 2022 | $261,263 | $501 | $55,059 | $55,000 | 2 | $55,000 | $442 | $14,205 |
| 2021 | $315,821 | $1,746 | $167,404 | $166,628 | 2 | $167,328 | $1,670 | $19,611 |
| 2020 | $481,479 | $159,281 | $50,475 | $50,000 | 2 | — | $4,022 | $20,978 |
Under IRS private-foundation payout rules, Carol Elizabeth Young Foundation reported a distributable amount of $6K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carol Elizabeth Young Foundation is led by Lee W. Young, President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Lee W. Young
President
On filings since 2020
No compensation reported
Marie Elise Young
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Jean M. Warren (2020–2021) — Vice President
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Carol Elizabeth Young Foundation
How much does Carol Elizabeth Young Foundation give each year?
Carol Elizabeth Young Foundation gave $265K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $55K across 2 grants.
What is Carol Elizabeth Young Foundation's typical grant size?
Carol Elizabeth Young Foundation's median grant in 2023 was $60,000, and its average grant was $88,185, across 3 grants on its 2023 IRS Form 990-PF.
Where does Carol Elizabeth Young Foundation give grants?
Carol Elizabeth Young Foundation gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.
Does Carol Elizabeth Young Foundation give general operating support?
Yes: 100% of Carol Elizabeth Young Foundation's 2023 grants with a stated purpose (3 of 3) were for general or operating support, per its 2023 IRS Form 990-PF.
What is Carol Elizabeth Young Foundation?
Carol Elizabeth Young Foundation is a private foundation focused on Human Services, based in Norwich, VT.
How much is Carol Elizabeth Young Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Carol Elizabeth Young Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carol Elizabeth Young Foundation's EIN?
Carol Elizabeth Young Foundation's EIN (Employer Identification Number) is 73-1291004. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Live grants for the work Carol Elizabeth Young Foundation funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Carol Elizabeth Young Foundation's focus areas in our free grants database
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