Donald and Kelly Young Family Foundation

Private foundation · Grantmaker Celebration, FL EIN: 85-4400421

Donald and Kelly Young Family Foundation is a private foundation, based in Celebration, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $238K in total assets. In 2024, it awarded 7 grants totaling $5K. Net investment income was $26K.

Key facts about Donald and Kelly Young Family Foundation

In short: Donald and Kelly Young Family Foundation gave $5K across 7 grants in 2024 (avg $763.857), mostly in Missouri. Source: 2024 IRS Form 990-PF.

EIN
85-4400421
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,347
Grants made (2024)
7
Average grant
$764
Median grant
$250
Total assets
$238,136
Primary geography
Missouri (56% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$238K

+6.4% YoY

Annual Giving

$5K

-83.2% YoY

Grant Count

7

-46.2% YoY

Avg Grant Size

$763.857

-68.8% YoY

Under IRS private-foundation payout rules, Donald and Kelly Young Family Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

How Donald and Kelly Young Family Foundation gives

  • Giving fell 65% from 2021 to 2024. Method
  • In 2024 it paid out 29% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

CharlotteNew YorkSt. PaulBethesdaNewtonSpringfieldArlingtonDaytonGlen EllynHewittMinneapolisMorrisvilleSaint CharlesSan JoseWeatherford

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2021 3 grants2022 13 grants2023 7 grants2024

From 2021 to 2024, annual grant giving ranged from $2K (2022) to $32K (2023). In 2024 it made 7 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Convoy of Hope: $3KConvoy of Hope$3K24 Foundation Inc: $2K24 Foundation Inc$2KCystic Fibrosis Foundation: $250Cystic Fibrosis Foundation$250University of Dayton: $250University of Dayton$250American Foundation for Suicide Prevention: $155American Foundation forSuicide Prevention$155National Multiple Sclerosis Society: $106National Multiple SclerosisSociety$106National Brain Tumor Society: $35National Brain Tumor Society$35

The largest 2024 recipient was Convoy of Hope ($3K). Together the top 7 received $5K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Convoy of Hope Springfield, MOCommunity Social Services$3,000
24 Foundation Inc Charlotte, NCCommunity Social Services$1,551
Cystic Fibrosis Foundation Bethesda, MDMedical research$250
University of Dayton Dayton, OHEducational services$250
American Foundation for Suicide Prevention New York, NYMedical research$155
National Multiple Sclerosis Society New York, NYMedical research$106
National Brain Tumor Society Newton, MAMedical research$35

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2021 2022 2023 2024
Metric202420232022
Total Assets$238,136$223,844$255,507
Revenue$128,678$101,467$-23,395
Expenses$16,025$42,922$11,331
Qualifying Distributions$5,347$31,830$2,403
Net Investment Income$25,528$1,568$1,126
Distributable Amount$18,608$11,513$12,800

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Donald and Kelly Young Family Foundation is led by Donald M Young II, President, Treasurer & Director on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Donald M Young II

    President, Treasurer & Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Kelly L Mallon Young

    Vice President, Secretary & Director

    On filings since 2021

    10 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Donald and Kelly Young Family Foundation

How much does Donald and Kelly Young Family Foundation give each year?

Donald and Kelly Young Family Foundation gave $5K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $32K across 13 grants.

What is Donald and Kelly Young Family Foundation's typical grant size?

Donald and Kelly Young Family Foundation's median grant in 2024 was $250, and its average grant was $764, across 7 grants on its 2024 IRS Form 990-PF.

Where does Donald and Kelly Young Family Foundation give grants?

Donald and Kelly Young Family Foundation gives mostly in Missouri: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (29%). The most frequent recipient cities were New York, NY (2 grants).

Does Donald and Kelly Young Family Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Donald and Kelly Young Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical research" (4 grants).

Who are Donald and Kelly Young Family Foundation's largest grantees?

Donald and Kelly Young Family Foundation's largest 2024 grantees include Convoy of Hope ($3,000), 24 Foundation Inc ($1,551) and Cystic Fibrosis Foundation ($250), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.

How large is Donald and Kelly Young Family Foundation?

Donald and Kelly Young Family Foundation reported $238K in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Donald and Kelly Young Family Foundation's EIN?

Donald and Kelly Young Family Foundation's EIN (Employer Identification Number) is 85-4400421. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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