The Elizabeth Welsh Young Memorial
The Elizabeth Welsh Young Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOWSON, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 1 grants totaling $318K. Net investment income was $164K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-14.0% YoY
Annual Giving
$318K
+8.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$318K
+8.7% YoY
About The Elizabeth Welsh Young Memorial
Based on IRS filings
The Elizabeth Welsh Young Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOWSON, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 1 grants totaling $318K. Net investment income was $164K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,338,284 | $3,881,374 | $3,475,906 |
| Revenue | $226,329 | $276,421 | $180,450 |
| Expenses | $336,440 | $309,601 | $316,854 |
| Qualifying Distributions | $317,706 | $292,329 | $311,507 |
| Net Investment Income | $164,417 | $162,568 | $150,105 |
| Distributable Amount | — | — | $297,015 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD C COVAHEY JR | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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