Emily Elizabeth Young Charitable Trust

Private foundation · Grantmaker Raleigh, NC EIN: 56-6563747

Emily Elizabeth Young Charitable Trust is a private foundation focused on religion, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $199K in total assets. In 2025, it awarded 1 grant totaling $12K. Net investment income was $5K.

Emily Elizabeth Young Charitable Trust at a glance

In short: Emily Elizabeth Young Charitable Trust gave $12K across 1 grant in 2025 (avg $12K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$11,695
+6.3% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$11,695
+6.3% vs 2024
Median grant
$11,695
Total assets
$199,371
-3.1% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Emily Elizabeth Young Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Centenary United Methodist Church: $12KCentenary United MethodistChurch$12K

The largest 2025 recipient was Centenary United Methodist Church ($12K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Smithfield

How Emily Elizabeth Young Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (−16%). Method
  • In 2025 it paid out 94% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $11K (2024) to $14K (2022). In 2025 it made 1 grant totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Centenary United Methodist Church Smithfield, NCGeneral Funding$11,695
Your AI grants department

Ready to take the next step with Emily Elizabeth Young Charitable Trust?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$199,371$13,961$20,407$11,6951$11,695$5,417$12,449
2024$205,803$14,662$19,590$11,0001$11,000$6,057$11,900
2023$210,632$2,639$20,505$12,0001$12,000—$11,008
2022$228,533$5,899$22,225$13,9401$13,940—$11,787
2021$245,137$27,145$19,493$11,9491$11,949$20,005$13,940
2020$236,447$22,463$19,645$12,5971—$15,369$11,949

Under IRS private-foundation payout rules, Emily Elizabeth Young Charitable Trust reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Emily Elizabeth Young Charitable Trust's only listed officer is First Citizens Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • First Citizens Bank

    Trustee

    On filings since 2020

    $6K (2020) → $8K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

First Citizens Bank — Trustee: $8KFirst Citizens BankTrustee$8K

The highest reported compensation on the 2025 filing was $8K, to First Citizens Bank (Trustee).

Frequently asked questions about Emily Elizabeth Young Charitable Trust

How much does Emily Elizabeth Young Charitable Trust give each year?

Emily Elizabeth Young Charitable Trust gave $12K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 1 grant.

How large is Emily Elizabeth Young Charitable Trust?

Emily Elizabeth Young Charitable Trust reported $199K in total assets on its 2025 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $12K (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 Emily Elizabeth Young Charitable Trust?

Emily Elizabeth Young Charitable Trust is a private foundation focused on religion, based in Raleigh, NC. It holds $199K in total assets as of 2025.

Where does Emily Elizabeth Young Charitable Trust operate?

Emily Elizabeth Young Charitable Trust has awarded grants in North Carolina.

What is Emily Elizabeth Young Charitable Trust's EIN?

Emily Elizabeth Young Charitable Trust's EIN (Employer Identification Number) is 56-6563747. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Emily Elizabeth Young Charitable Trust's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in North Carolina

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Emily Elizabeth Young Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Emily Elizabeth Young Charitable Trust down — hundreds of funders to go?

Want AI to do this for you?