Friends for Youth Foundation
Friends for Youth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PALM BEACH, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $4.2M in total assets. In 2023, it awarded 27 grants totaling $244K. Net investment income was $234K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$4.2M
-0.2% YoY
Annual Giving
$244K
-4.1% YoY
Grant Count
27
-15.6% YoY
Avg Grant Size
$9K
+13.7% YoY
Under IRS private-foundation payout rules, Friends for Youth Foundation reported a distributable amount of $245K for 2023 — the minimum it must pay out in qualifying distributions.
About Friends for Youth Foundation
Based on IRS filings
Friends for Youth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PALM BEACH, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $4.2M in total assets. In 2023, it awarded 27 grants totaling $244K. Net investment income was $234K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,181,637 | $4,189,394 | $4,095,250 |
| Revenue | $292,368 | $416,375 | $484,820 |
| Expenses | $310,125 | $327,231 | $296,732 |
| Qualifying Distributions | $248,985 | $257,576 | $227,844 |
| Net Investment Income | $233,500 | $357,361 | $420,062 |
| Distributable Amount | $244,804 | $241,317 | $259,384 |
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
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Gonzaga University ($72,437), Yamika Ymca ($55,000), Cowiche Canyon Conservaqn ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS AND GIRLS CLUB CHARLOTTESVILLE, VA | GENERAL OPERATING EXPENSES | $10,000 |
| CENTRAL WASHINGTON UNIVERSITY ELLENSBURG, WA | GENERAL OPERATING EXPENSES | $1,000 |
| CLARK COLLEGE VANCOUVER, WA | GENERAL OPERATING EXPENSES | $1,000 |
| COWICHE CANYON CONSERVAQN YAKIMA, WA | GENERAL OPERATING EXPENSES | $17,500 |
| GONZAGA UNIVERSITY SPOKANE, WA | GENERAL OPERATING EXPENSES | $72,437 |
| HAWAII COMMUNITY FOUNDATION HONOLULU, HI | GENERAL OPERATING EXPENSES | $4,437 |
| LIGHT HOUSE STUDIO CHARLOTTESVILLE, VA | GENERAL OPERATING EXPENSES | $1,500 |
| PNW FOUNDATION REDMOND, OR | GENERAL OPERATING EXPENSES | $2,000 |
| READY KIDS CHARLOTTESVILLE, VA | GENERAL OPERATING EXPENSES | $10,000 |
| ROCKY MOUNTAIN ELK FOUND MISSOULA, MT | GENERAL OPERATING EXPENSES | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KERRY E STOUT | PRESIDENT | 1 | — |
| KELLEY E HATFIELD | VICE PRESIDENT | 1 | — |
| PETER U GAVIN | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends for Youth Foundation?
Friends for Youth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PALM BEACH, FL. It holds $4.2M in total assets as of 2023.
How large is Friends for Youth Foundation?
As of 2023, Friends for Youth Foundation holds $4.2M in total assets with $292K in annual revenue. It awarded 27 grants totaling $244K in 2023.
Where does Friends for Youth Foundation operate?
Friends for Youth Foundation has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Hawaii, Idaho, Montana, New York, Oregon, Virginia, Washington, Wyoming.
What size grants does Friends for Youth Foundation award?
In 2023, Friends for Youth Foundation awarded 27 grants totaling $244K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Friends for Youth Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Friends for Youth Foundation reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends for Youth Foundation's EIN?
Friends for Youth Foundation's EIN (Employer Identification Number) is 06-1519389. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Friends for Youth 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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