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
Among its reported 2024 grants, the largest include Garrison Forest School ($317,706).
| Recipient | Purpose | Amount |
|---|---|---|
| GARRISON FOREST SCHOOL OWINGS MILLS, MD | SCHOLARSHIPS | $317,706 |
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
Frequently Asked Questions
What is The Elizabeth Welsh Young Memorial?
The Elizabeth Welsh Young Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOWSON, MD. It holds $3.3M in total assets as of 2024.
How large is The Elizabeth Welsh Young Memorial?
As of 2024, The Elizabeth Welsh Young Memorial holds $3.3M in total assets with $226K in annual revenue. It awarded 1 grants totaling $318K in 2024.
Where does The Elizabeth Welsh Young Memorial operate?
The Elizabeth Welsh Young Memorial has awarded grants in Maryland.
What size grants does The Elizabeth Welsh Young Memorial award?
In 2024, The Elizabeth Welsh Young Memorial awarded 1 grants totaling $318K — an average of about $318K per grant, based on its IRS Form 990 filings.
What is The Elizabeth Welsh Young Memorial's EIN?
The Elizabeth Welsh Young Memorial's EIN (Employer Identification Number) is 81-6166483. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Elizabeth Welsh Young Memorial'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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