RG Young Family Foundation
RG Young Family Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $6.0M in total assets. In 2025, it awarded 2 grants totaling $210K. Net investment income was $1.2M.
RG Young Family Foundation at a glance
In short: RG Young Family Foundation gave $210K across 2 grants in 2025 (avg $105K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $210,000
- +320.0% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $105,000
- +530.0% vs 2024
- Median grant
- $105,000
- Total assets
- $5,987,977
- +50.1% vs 2024
- Primary geography
- Georgia (95% 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 RG Young Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was American Cancer Society ($200K). Together the top 2 received $210K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How RG Young Family Foundation gives
- In 2025 it paid out 91% 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
From 2024 to 2025, annual grant giving ranged from $50K (2024) to $210K (2025). In 2025 it made 2 grants totaling $210K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Cancer Society Atlanta, GA | Grant for General Use | $200,000 |
| University of Chicago Chicago, IL | Booth Annual Fund | $10,000 |
Ready to take the next step with RG Young Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,987,977 | $3,692,105 | $266,481 | $210,000 | 2 | $257,177 | $1,193,891 | $281,483 |
| 2024 | $3,988,183 | $1,208,818 | $136,428 | $50,000 | 3 | $50,000 | $135,003 | $215,988 |
| 2023 | $3,457,688 | $5,786,926 | $9,674 | — | — | — | $820,059 | $49,846 |
Under IRS private-foundation payout rules, RG Young Family Foundation reported a distributable amount of $281K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
RG Young Family Foundation is led by Raymond G. Young, Director & President since 2024 (on filings since 2023); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Raymond G. Young
Director & President
President → President & Director, 2024
On filings since 2023
10 hrs/week
No compensation reported
Roger G. Young
Director
On filings since 2023
0.5 hrs/week
$3K (2023) → $0 (2025)
Xiaoying Zhang
Director, Vice President, Secretary & Treasurer
Vice President, Secretary & Treasurer → Vice President, Secretary, Treasurer & Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $3K, to Roger G Young (Director).
Frequently asked questions about RG Young Family Foundation
How much does RG Young Family Foundation give each year?
RG Young Family Foundation gave $210K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 3 grants.
How large is RG Young Family Foundation?
RG Young Family Foundation reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $257K in qualifying distributions that year, against a required minimum of $281K (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.
Where does RG Young Family Foundation operate?
RG Young Family Foundation has awarded grants in Georgia, Illinois, Minnesota.
What is RG Young Family Foundation's EIN?
RG Young Family Foundation's EIN (Employer Identification Number) is 92-2690133. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work RG Young Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in RG Young Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Liang Zee Foundation FKA Zee Foundation
Las Vegas, NV
Assets
$1.6M
Grants
7
Total Given
$43K
Joan and Norman Chapman Foundation
Bannockburn, IL
The foundation supports a range of charitable organizations, including those focused on education, health, older adults, disability services, and community and cultural programs, with the largest share of its 2025 giving going to Illinois. It made 54 grants in 2025, typically around $5,000 (median), with grants ranging from $700 to $68,333. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.6M
Grants
54
Total Given
$555K
AbbVie Foundation
North Chicago, IL
The AbbVie Foundation funds health equity, access to care, cancer care, community health, and related community-led programs through partnerships and employee initiatives. Its 2025 grants ranged from $8,000 to $15 million, with a median of $25,000; it supports work worldwide, with the largest share of recent grants going to Illinois. It makes grants only to preselected organizations and does not accept unsolicited requests.
Assets
$265.6M
Grants
65
Total Given
$47.1M
The Kian Don and Dupre Foundation
Wilmington, DE
The foundation funds a varied mix of charitable work, including community health, animal welfare, environmental recreation, and support for service members and their families, primarily in Virginia, with some giving in Colorado. In 2024, grants ranged from $1,500 to $200,000, with a median of $20,000. It accepts no unsolicited requests and gives only to preselected organizations.
Assets
$5.3M
Grants
15
Total Given
$520K
The Grossinger Foundation
Chicago, IL
The Grossinger Foundation funds community services, arts and music, education, health, and humanitarian support, with most grants going to organizations in Illinois. Its 2025 grants ranged from $500 to $80,000, with a median of $5,000. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$3.2M
Grants
19
Total Given
$186K
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from RG Young Family 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.
RG Young Family Foundation down — hundreds of funders to go?