The Craig Young Family Foundation

Private foundation · Grantmaker Cincinnati, OH EIN: 31-1423879

The Craig Young Family Foundation is a Form 990-PF (a private foundation) based in Cincinnati, Ohio. In 2024, it reported 15 grants totaling $128,387 to charitable organizations, primarily in Ohio.

Key facts about The Craig Young Family Foundation

In short: The Craig Young Family Foundation gave $128K across 15 grants in 2024 (avg $9K), mostly in Ohio. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
31-1423879
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$128,387
Grants made (2024)
15
Average grant
$8,559
Median grant
$600
New grantees (estimate)
27% first-time grantees (4 of 15, 2024; small sample)
Total assets
$5,338,590
Primary geography
Ohio (92% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

-0.3% YoY

Annual Giving

$128K

-50.6% YoY

Grant Count

15

+15.4% YoY

Avg Grant Size

$9K

-57.2% YoY

Under IRS private-foundation payout rules, The Craig Young Family Foundation reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Craig Young Family Foundation open to new grantees?

27%

first-time grantees, 2024

In 2024, 4 of 15 grantees (27%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $478; repeat grants $11K. How we count

Medians: $425 first-time, $1K repeat.

  • 53% of 2024 grantees were also funded in 2023. Method
  • Giving grew 141% from 2021 to 2024. Method
  • In 2024 it paid out 75% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grantees included organizations working in different areas. For example, Inspiring Service describes its work as making it easier for prospective volunteers to find aligned opportunities in Cincinnati, while Develop for Good says it supports college students who build software for nonprofits under industry mentorship. The Hillside Trust describes its work as promoting thoughtful hillside use and preservation through research, education, land conservation, and advocacy.

Grantmaking

In 2024, the foundation gave 15 grants totaling $128,387. Grant amounts ranged from $50 to $106,000, with a median of $600. The largest awards included $106,000 to Inspiring Service, $10,000 to Develop for Good, $5,000 to the American Red Cross, and $2,200 to Impact 100.

Inspiring Service describes its mission as populating and launching the Cincinnati Cares website to help prospective volunteers find organizations and opportunities aligned with their interests. Develop for Good describes its mission as supporting college students who design and build software for nonprofits under industry mentorship. Impact 100 says its members collectively fund transformational grants intended to improve lives in the Greater Cincinnati community.

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.

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Geographic Focus

Where this funder awards grants

In 2024, 92% of grant dollars went to recipients in Ohio and 8% to recipients in California.

Grant Distribution by State

7states

Share of 2024 grant dollars across all 15 itemized grants.

Cities

CincinnatiMissoulaRye BrookSan FranciscoDenverHomewoodKenoshaNew YorkSanta RosaWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K14 grants2020 17 grants2021 14 grants2022 13 grants2023 15 grants2024

From 2020 to 2024, annual grant giving ranged from $53K (2021) to $260K (2023). In 2024 it made 15 grants totaling $128K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Inspiring Service: $106KInspiring Service$106KDevelop for Good: $10KDevelop for Good$10KAmerican Red Cross: $5KAmerican Red Cross$5KImpact 100: $2KImpact 100$2KKindervelt: $1KKindervelt$1KSeven Hills School: $1KSeven Hills School$1KQueen City Book Bank: $1KQueen City Book Bank$1KCincinnati Zoo: $600Cincinnati Zoo$600The Hillside Trust: $500The Hillside Trust$500Children's Theater of Cincinnati: $350Children's Theater ofCincinnati$350

The largest 2024 recipient was Inspiring Service ($106K). Together the top 10 received $128K.

Grant Size Distribution

73 grants across all recorded years

69<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 69 grants of 73 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Inspiring Service Cincinnati, OHDonation$106,000
Develop for Good San Francisco, CADonation$10,000
American Red Cross Cincinnati, OHDonation$5,000
Impact 100 Cincinnati, OHDonation$2,200
Kindervelt Cincinnati, OHDonation$1,200
Seven Hills School Cincinnati, OHDonation$1,000
Queen City Book Bank Cincinnati, OHDonation$1,000
Cincinnati Zoo Cincinnati, OHDonation$600
The Hillside Trust Cincinnati, OHDonation$500
Children's Theater of Cincinnati Cincinnati, OHDonation$350

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $5,338,590 $145,491 $162,990 $128,387 15
2023 $5,356,089 $85,155 $295,216 $259,750 13
2022 $5,666,841 $105,760 $284,510 $193,054 14
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,338,590$5,356,089$5,666,841
Revenue$145,491$85,155$105,760
Expenses$162,990$295,216$284,510
Qualifying Distributions$128,387$259,750$193,054
Net Investment Income$110,888$49,689$70,660
Distributable Amount$170,237$161,947$180,196

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Craig S Young as president, Mary E Young as secretary, and Margaret Young and Robert Buechner as trustees.

The Craig Young Family Foundation is led by Craig S. Young, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Craig S. Young

    President

    On filings since 2020

    No compensation reported

  • Margaret Young

    Trustee

    On filings since 2020

    No compensation reported

  • Robert Buechner

    Trustee

    On filings since 2020

    No compensation reported

  • Mary E. Young

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 7104 Ravens Run, Cincinnati, OH 45244

Frequently asked questions about The Craig Young Family Foundation

How much does The Craig Young Family Foundation give each year?

The Craig Young Family Foundation gave $128K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $260K across 13 grants.

What is The Craig Young Family Foundation's typical grant size?

The Craig Young Family Foundation's median grant in 2024 was $600, and its average grant was $8,559, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Craig Young Family Foundation that year got $478 on average.

Where does The Craig Young Family Foundation give grants?

The Craig Young Family Foundation gives mostly in Ohio: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (8%). The most frequent recipient cities were Cincinnati, OH (11 grants).

Does The Craig Young Family Foundation give general operating support?

Not in 2024: none of the 15 grants with a stated purpose on The Craig Young Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (15 grants).

Who are The Craig Young Family Foundation's largest grantees?

The Craig Young Family Foundation's largest 2024 grantees include Inspiring Service ($106,000), Develop for Good ($10,000) and American Red Cross ($5,000), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.

How large is The Craig Young Family Foundation?

The Craig Young Family Foundation reported $5.3M in total assets on its 2024 IRS Form 990-PF. It paid out $128K in qualifying distributions that year, against a required minimum of $170K (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.

What does The Craig Young Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grantees included organizations working in different areas. See mission & focus areas ↑

How do I apply for a grant from The Craig Young Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Craig Young Family Foundation's EIN?

The Craig Young Family Foundation's EIN (Employer Identification Number) is 31-1423879. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Craig Young Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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