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
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
193 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
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 - ProPublicaSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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