The Beard-young Family Foundation
The Beard-Young Family Foundation is a private foundation based in Huntsville, Alabama. The foundation focuses its philanthropic efforts on education, human services, and philanthropy/voluntarism/grantmaking, primarily serving communities in Alabama, West Virginia, and Tennessee.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+25.5% YoY
Annual Giving
$321K
+13.4% YoY
Grant Count
26
+8.3% YoY
Avg Grant Size
$12K
+4.7% YoY
Under IRS private-foundation payout rules, The Beard-young Family Foundation reported a distributable amount of $161K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Science and STEM Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation has no currently listed live grant opportunities.
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations and initiatives in:
- Alabama
- West Virginia
- Tennessee
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $3,916,800
- Total Giving (2024): $320,500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,916,800 | $3,121,973 | $3,317,601 |
| Revenue | $1,142,485 | $113,292 | $-2,341 |
| Expenses | $347,658 | $308,864 | $620,563 |
| Qualifying Distributions | $320,500 | $282,600 | $577,000 |
| Net Investment Income | $122,371 | $99,422 | $46,376 |
| Distributable Amount | $161,215 | $158,111 | $173,984 |
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 2024
Grant Size Distribution
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Auburn University Foundation ($100,000), Village of Promise ($35,000), Hudson Alpha Foundation ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APPALACHIAN TRAIL CONSERVANCY HARPERS FERRY, WV | CHARITABLE DONATION | $500 |
| AUBURN UNIVERSITY FOUNDATION AUBURN, AL | CHARITABLE DONATION | $100,000 |
| BOYS AND GIRLS CLUB OF NORTH ALABAMA HUNTSVILLE, AL | CHARITABLE DONATION | $5,000 |
| CAP AND GOWN PROJECT HUNTSVILLE, AL | CHARITABLE DONATION | $500 |
| CHURCH OF THE NATIVITY HUNTSVILLE, AL | CHARITABLE DONATION | $10,000 |
| HUDSON ALPHA FOUNDATION HUNTSVILLE, AL | CHARITABLE DONATION | $30,000 |
| HUNTSVILLE HOSPITAL FOUNDATION HUNTSVILLE, AL | CHARITABLE DONATION | $2,500 |
| HUNTSVILLE LEARNING CENTER HUNTSVILLE, AL | CHARITABLE DONATION | $5,000 |
| HUNTSVILLE LIBRARY FOUNDATION HUNTSVILLE, AL | CHARITABLE DONATION | $5,000 |
| HUNTSVILLE MUSEUM OF ART HUNTSVILLE, AL | CHARITABLE DONATION | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Allen Beard Young serves on the Board of Directors of the HudsonAlpha Foundation. She is the co-founder and former CEO of Kord Technologies, Inc., a defense and aerospace company specializing in laser and missile technologies, which she led from 2008 until her retirement in 2019. Young holds a BA from Vanderbilt University and has earned multiple professional certificates through Georgetown and UCLA Anderson School. She has been actively involved in community service through various board memberships and advisory roles in the Huntsville area.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS J YOUNG | DIRECTOR | 1 | — |
| ALLEN BEARD YOUNG | DIRECTOR | 1 | — |
| ALEXANDER T YOUNG | DIRECTOR | 1 | — |
| DAVID L YOUNG | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Beard-young Family Foundation fund?
The foundation's primary funding focus areas include: • Education • Science and STEM Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from The Beard-young Family Foundation?
**Grant Amounts:** Typical awards range from $500 to $200,000. **Total Giving:** The foundation distributed $320,500 in grants based on its most recent IRS Form 990 filing (2024). The foundation has no currently listed live grant opportunities.
Where does The Beard-young Family Foundation make grants?
The foundation primarily supports organizations and initiatives in: • Alabama • West Virginia • Tennessee
What size grants does The Beard-young Family Foundation award?
In 2024, The Beard-young Family Foundation awarded 26 grants totaling $321K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Beard-young Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Beard-young Family Foundation reported a distributable amount of $161K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Beard-young Family Foundation's EIN?
The Beard-young Family Foundation's EIN (Employer Identification Number) is 85-3743632. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Beard-young Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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