The Yount Foundation INC

HICKORY, NC EIN: 20-5240159

The Yount Foundation INC is a private foundation based in Hickory, North Carolina. Established in 2006, it operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$272K

+96.9% YoY

Annual Giving

$1.3M

-23.1% YoY

Grant Count

29

-17.1% YoY

Avg Grant Size

$47K

-7.2% YoY

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

Mission & Focus Areas

The foundation's grant-making priorities focus on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation maintains an active grantmaking program with the following characteristics:

Average Grant

amount and median grant amount data are available in their most recent IRS filings

Review Cycle

are documented in available sources.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily directs its grantmaking to organizations and initiatives in:

  • North Carolina
  • Virginia
  • Texas

Grant Distribution by State

15states
+7 more states

Cities

AlbuquerqueAshevilleBartlesvilleBlack MountainBonita SpringsBooneBowmanBroken ArrowBryson CityCarrboroCharlotteChicagoChina GroveColorado SpringsConcordConoverCrossnoreCulloweeDallasDestrehan

Financial History

Multi-year comparison from IRS filings

Assets:

  • $272,370 (most recent filing)
  • $138,000 (2023 Form 990)

Annual Activity:

  • Total giving: $1,348,775 (2024)
  • Revenue: $1.89M (2023)
  • Expenses: $1.81M (2023)
  • Total liabilities: $892 (2023)

Tax-Exempt Status: Tax-exempt since September 2006 (EIN: 20-5240159)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$566K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$272,370$138,345$58,948
Revenue$1,510,809$1,891,598$1,989,971
Expenses$1,358,719$1,805,158$2,059,712
Qualifying Distributions$1,356,746$1,805,158$2,059,712
Net Investment Income
Distributable Amount$6,599$3,382$2,577

Giving Over Time

Total grant dollars and number of grants per year

$0$507K$1M$2M$2M45 grants202043 grants202141 grants202235 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Orphan's Promise$275KFellowship of Christian …$243KCFNI$125KPREGNANCY CARE CENTER$113KSalvation Army$100KOPERATION BLESSING$95KTurning Point$45KSuperbook$43KGreater Hickory Cooperat…$40KHelping the Homefront$40K

Grant Size Distribution

193 grants across all recorded years

151<$50K14$50–100K20$100–250K7$250–500K1$500K–1M$1–5M$5M+

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

No officer/director data available.

Recent Activity

Recent developments and announcements

The Yount Foundation INC is recognized as a significant community partner in the Hickory area, listed among major foundation contributors at the Circle of Hope level ($20,000+) for local charitable initiatives.

Yount Foundation Inc - Full Filing - Nonprofit Explorer - ProPublica

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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