Rg Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $135K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+15.3% YoY
Annual Giving
$50K
Grant Count
3
Avg Grant Size
$17K
Under IRS private-foundation payout rules, Rg Young Family Foundation reported a distributable amount of $216K for 2024 — the minimum it must pay out in qualifying distributions.
About Rg Young Family Foundation
Based on IRS filings
Rg Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $135K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,988,183 | $3,457,688 |
| Revenue | $1,208,818 | $5,786,926 |
| Expenses | $136,428 | $9,674 |
| Qualifying Distributions | $50,000 | — |
| Net Investment Income | $135,003 | $820,059 |
| Distributable Amount | $215,988 | $49,846 |
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
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Cancer Society ($39,000), University of Chicago ($10,000), Scholarship America ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY Atlanta, GA | GRANT FOR GENERAL USE | $39,000 |
| UNIVERSITY OF CHICAGO CHICAGO, IL | BOOTH ANNUAL FUND | $10,000 |
| SCHOLARSHIP AMERICA MINNEAPOLIS, MN | GRANT FOR GENERAL USE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND G YOUNG | PRESIDENT/DIR | 10 | — |
| XIAOYING ZHANG | VP/SEC/TREAS/DIR | 1 | — |
| ROGER G YOUNG | DIRECTOR | 0.5 | $2,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rg Young Family Foundation?
Rg Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $4.0M in total assets as of 2024.
How large is Rg Young Family Foundation?
As of 2024, Rg Young Family Foundation holds $4.0M in total assets with $1.2M in annual revenue. It awarded 3 grants totaling $50K in 2024.
Where does Rg Young Family Foundation operate?
Rg Young Family Foundation has awarded grants in Georgia, Illinois, Minnesota.
What size grants does Rg Young Family Foundation award?
In 2024, Rg Young Family Foundation awarded 3 grants totaling $50K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Rg Young Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rg Young Family Foundation reported a distributable amount of $216K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2023–2024.
Explore Open Grants
Browse active grant opportunities in Rg Young Family 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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