Iovine and Young Foundation
The primary purpose of the Iovine and Young Foundation is to provide enhanced educational opportunities for students through partnerships with school systems.
Iovine and Young Foundation at a glance
In short: Iovine and Young Foundation gave $378K across 1 grant in 2024 (avg $378K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $378,000
- -45.8% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $378,000
- -45.8% vs 2023
- Median grant
- $378,000
- Total assets
- $3,997,110
- +450.6% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Iovine and Young Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Los Angeles Unified School District ($378K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $378K (2024) to $3.3M (2022). In 2024 it made 1 grant totaling $378K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Los Angeles Unified School District Los Angeles, CA | To enhance development of an educational program focusing on integrated design, technology and entrepreneurship. | $378,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,997,110 | $4,108,757 | $928,458 | $378,000 | 1 | $88,134 |
| 2023 | $725,926 | $1,880,426 | $948,127 | $697,624 | 1 | $3,186 |
| 2022 | $190,161 | $2,143,800 | $3,312,196 | $3,280,170 | 1 | — |
About Iovine and Young Foundation
Based on IRS filings
Iovine and Young Foundation is a public charity focused on Education, based in Los Angeles, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 1 grant totaling $378K. Net investment income was $88K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Iovine and Young Foundation is led by James Iovine, Director & President on every filing since 2021; 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
James Iovine
Director & President
On filings since 2021
1 hr/week
No compensation reported
Jared Dupree
Educational Director
On filings since 2023
40 hrs/week
$146K (2023) → $300K (2024)
Cary Jones
Secretary
On filings since 2021
1 hr/week
No compensation reported
Grady Brown
Treasurer
On filings since 2021
1 hr/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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $300K, to Jared Dupree (Educational Director).
Frequently asked questions about Iovine and Young Foundation
How much does Iovine and Young Foundation give each year?
Iovine and Young Foundation gave $378K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $698K across 1 grant.
How large is Iovine and Young Foundation?
Iovine and Young Foundation reported $4.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.1M.
What is Iovine and Young Foundation?
Iovine and Young Foundation is a public charity focused on Education, based in Los Angeles, CA. It holds $4.0M in total assets as of 2024.
Where does Iovine and Young Foundation operate?
Iovine and Young Foundation has awarded grants in California.
What is Iovine and Young Foundation's EIN?
Iovine and Young Foundation's EIN (Employer Identification Number) is 87-3874242. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Iovine and Young Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Iovine and Young Foundation's focus areas in our free grants database
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Figures come from Iovine and Young Foundation'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.
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