Donald and Kelly Young Family Foundation
Donald and Kelly Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About Donald and Kelly Young Family Foundation
Based on IRS filings
Donald and Kelly Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Convoy of Hope ($3,000), 24 Foundation Inc ($1,551), Cystic Fibrosis Foundation ($250).
| Recipient | Purpose | Amount |
|---|---|---|
| 24 Foundation Inc Charlotte, NC | Community Social Services | $1,551 |
| American Foundation for Suicide Prevention New York, NY | Medical research | $155 |
| Convoy of Hope Springfield, MO | Community Social Services | $3,000 |
| Cystic Fibrosis Foundation Bethesda, MD | Medical research | $250 |
| National Multiple Sclerosis Society New York, NY | Medical research | $106 |
| National Brain Tumor Society Newton, MA | Medical research | $35 |
| University of Dayton Dayton, OH | Educational services | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Donald M Young II | President | 2 | — |
| Donald M Young II | Treasurer | — | — |
| Donald M Young II | Director | — | — |
| Kelly L Mallon Young | Vice President | 10 | — |
| Kelly L Mallon Young | Secretary | — | — |
| Kelly L Mallon Young | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Donald and Kelly Young Family Foundation?
Donald and Kelly Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CELEBRATION, FL. It holds $238K in total assets as of 2024.
How large is Donald and Kelly Young Family Foundation?
As of 2024, Donald and Kelly Young Family Foundation holds $238K in total assets with $129K in annual revenue. It awarded 7 grants totaling $5K in 2024.
Where does Donald and Kelly Young Family Foundation operate?
Donald and Kelly Young Family Foundation has awarded grants in California, Illinois, Massachusetts, Maryland, Minnesota, Missouri, North Carolina, New Jersey, New York, Ohio, Texas, Virginia.
What size grants does Donald and Kelly Young Family Foundation award?
In 2024, Donald and Kelly Young Family Foundation awarded 7 grants totaling $5K — an average of about $763.857 per grant, based on its IRS Form 990 filings.
How much is Donald and Kelly Young Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Donald and Kelly Young Family Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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