The Young Family Charitable Trust
The Young Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTRAL CITY, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $71K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-1.4% YoY
Annual Giving
$71K
+14.5% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$14K
+60.3% YoY
Under IRS private-foundation payout rules, The Young Family Charitable Trust reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About The Young Family Charitable Trust
Based on IRS filings
The Young Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTRAL CITY, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $71K. Net investment income was $38K.
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 | $1,111,724 | $1,127,655 | $1,152,768 |
| Revenue | $63,301 | $52,529 | $54,755 |
| Expenses | $79,232 | $77,642 | $78,804 |
| Qualifying Distributions | $71,100 | $69,025 | $67,492 |
| Net Investment Income | $37,978 | $43,912 | $6,844 |
| Distributable Amount | $60,897 | $53,872 | $56,029 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Felix E Martin Jr Foundation ($60,000), Community Foundation of Louisville ($9,000), Ami Kids Beaufort ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMI KIDS BEAUFORT SEABROOK, SC | HELP WITH YOUNG BOYS 14-18 INVOLVED IN THE JUVENILE JUSTICE SYSTEM | $1,000 |
| COMMUNITY FOUNDATION OF LOUISVILLE LOUISVILLE, KY | HELP FUND THE IGNITE LOUISVILLE PROGRAM | $9,000 |
| FELIX E MARTIN JR FOUNDATION LOUISVILLE, KY | TO PROVIDE FUNDING TO SUPPORT EXPENSES ASSOCIATED WITH THE IGNITE PROGRAM | $60,000 |
| ONEIDA BAPTIST INSTITUTE ONEIDA, KY | EDUCATION AND INTANGIBLE RELIGIOUS BENEFITS | $100 |
| SHELDON BOYS AND GIRLS CLUB SHELDON, SC | CHILD CARE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK YOUNG | TRUSTEE | 0.25 | — |
| LINDA YOUNG | TRUSTEE | 0.25 | — |
| MARK RYAN YOUNG | TRUSTEE | 0.25 | — |
| MELANIE SPENCER YOUNG | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Young Family Charitable Trust?
The Young Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTRAL CITY, KY. It holds $1.1M in total assets as of 2024.
How large is The Young Family Charitable Trust?
As of 2024, The Young Family Charitable Trust holds $1.1M in total assets with $63K in annual revenue. It awarded 5 grants totaling $71K in 2024.
Where does The Young Family Charitable Trust operate?
The Young Family Charitable Trust has awarded grants in Kentucky, South Carolina.
What size grants does The Young Family Charitable Trust award?
In 2024, The Young Family Charitable Trust awarded 5 grants totaling $71K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Young Family Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Young Family Charitable Trust reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Young Family Charitable Trust's EIN?
The Young Family Charitable Trust's EIN (Employer Identification Number) is 85-6815943. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Young Family Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.