Frank and Iris Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREMONT, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $451K in total assets. In 2024, it awarded 3 grants totaling $78K. Net investment income was $85K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$451K
+4.6% YoY
Annual Giving
$78K
-16.3% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$26K
+11.6% YoY
Under IRS private-foundation payout rules, Frank and Iris Young Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank and Iris Young Foundation
Based on IRS filings
Frank and Iris Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREMONT, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $451K in total assets. In 2024, it awarded 3 grants totaling $78K. Net investment income was $85K.
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 | $450,604 | $430,707 | $484,885 |
| Revenue | $104,947 | $46,236 | $12,306 |
| Expenses | $85,050 | $100,414 | $93,602 |
| Qualifying Distributions | $78,250 | $93,500 | $79,000 |
| Net Investment Income | $84,735 | $25,756 | $34,116 |
| Distributable Amount | $29,294 | $28,374 | $28,845 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fudan University Education Development Foundation ($42,250), SOAR Foundation ($21,000), WWII Pacific War Memorial H ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Fudan University Education Development Foundation Long Island City, NY | General Fund | $42,250 |
| WWII Pacific War Memorial H San Francisco, CA | General Fund | $15,000 |
| SOAR Foundation Fremont, CA | General Fund | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gary Young | Presiden CEO | 10 | — |
| Kaite Wu | Secretary | 1 | — |
| Ru Wu | CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank and Iris Young Foundation?
Frank and Iris Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREMONT, CA. It holds $451K in total assets as of 2024.
How large is Frank and Iris Young Foundation?
As of 2024, Frank and Iris Young Foundation holds $451K in total assets with $105K in annual revenue. It awarded 3 grants totaling $78K in 2024.
Where does Frank and Iris Young Foundation operate?
Frank and Iris Young Foundation has awarded grants in California, New York, Ohio.
What size grants does Frank and Iris Young Foundation award?
In 2024, Frank and Iris Young Foundation awarded 3 grants totaling $78K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Frank and Iris Young Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank and Iris Young Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank and Iris Young Foundation's EIN?
Frank and Iris Young Foundation's EIN (Employer Identification Number) is 94-3373578. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Frank and Iris Young 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.
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