Charles L Young Sr Foundation
Charles L Young Sr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERIDIAN, MS. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $1.6M in total assets. In 2023, it awarded 23 grants totaling $48K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$1.6M
+2.9% YoY
Annual Giving
$48K
+74.7% YoY
Grant Count
23
-4.2% YoY
Avg Grant Size
$2K
+82.3% YoY
Under IRS private-foundation payout rules, Charles L Young Sr Foundation reported a distributable amount of $80K for 2023 — the minimum it must pay out in qualifying distributions.
About Charles L Young Sr Foundation
Based on IRS filings
Charles L Young Sr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERIDIAN, MS. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $1.6M in total assets. In 2023, it awarded 23 grants totaling $48K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,628,863 | $1,583,249 | $1,878,467 |
| Revenue | $58,010 | $41,352 | $37,712 |
| Expenses | $102,488 | $89,701 | $77,842 |
| Qualifying Distributions | $68,900 | $58,142 | $59,125 |
| Net Investment Income | — | $139,036 | $20,493 |
| Distributable Amount | $80,222 | $76,042 | $92,230 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
Grant Size Distribution
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include City of Meridian ($10,000), Mcc Foundation ($8,500), Council of Organization ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF MERIDIAN, MS | SCHOLARSHIP | $1,100 |
| MCC FOUNDATION MERIDIAN, MS | SCHOLARSHIP | $8,500 |
| NAACP MERIDIAN, MS | SCHOLARSHIP | $500 |
| CONNECTING THE DOTS MERIDIAN, MS | SCHOLARSHIP | $3,000 |
| COUNCIL OF ORGANIZATION MERIDIAN, MS | SCHOLARSHIP | $6,000 |
| DELTA NU ZETA MERIDIAN, MS | SCHOLARSHIP | $550 |
| DELTA SIGMA THETA MERIDIAN, MS | SCHOLARSHIP | $650 |
| DISTINGUISHED YOUNG LAD MERIDIAN, MS | SCHOLARSHIP | $150 |
| FOUNDATION FOR EDUCATIO JACKSON, MS | SCHOLARSHIP | $1,500 |
| JACKSON STATE UNIV JACKSON, MS | SCHOLARSHIP | $1,550 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES L YOUNG JR | TRUSTEE | 10 | $4,472 |
| DEIDRE MELTON | TRUSTEE | — | — |
| VELDORE YOUNG GRAHAM | TRUSTEE | 10 | $4,472 |
| ARTHUR S YOUNG | TRUSTEE | 10 | $5,972 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charles L Young Sr Foundation?
Charles L Young Sr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERIDIAN, MS. It holds $1.6M in total assets as of 2023.
How large is Charles L Young Sr Foundation?
As of 2023, Charles L Young Sr Foundation holds $1.6M in total assets with $58K in annual revenue. It awarded 23 grants totaling $48K in 2023.
Where does Charles L Young Sr Foundation operate?
Charles L Young Sr Foundation has awarded grants in Alabama, District of Columbia, Iowa, Mississippi, New Jersey, Tennessee.
What size grants does Charles L Young Sr Foundation award?
In 2023, Charles L Young Sr Foundation awarded 23 grants totaling $48K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Charles L Young Sr Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Charles L Young Sr Foundation reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles L Young Sr Foundation's EIN?
Charles L Young Sr Foundation's EIN (Employer Identification Number) is 30-0112321. IRS Form 990 filing data is available on this page for 2019–2023.
Explore Open Grants
Browse active grant opportunities in Charles L Young Sr Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.