The Yung Hope Foundation

OAK BROOK, IL EIN: 83-2507984

The Yung Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 19 grants totaling $106K. Net investment income was $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+2.6% YoY

Annual Giving

$106K

+2.6% YoY

Grant Count

19

-9.5% YoY

Avg Grant Size

$6K

+13.4% YoY

About The Yung Hope Foundation

Based on IRS filings

The Yung Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 19 grants totaling $106K. Net investment income was $80K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AshlandCedarChamblerlainChicagoClarksburgEnglewoodFlushingGrand RapidsLos AngelesMemphisNew YorkPetalumaPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$159K$318K$477K$636K20202021202220232024
Metric202420232022
Total Assets$2,352,613$2,292,375$2,220,132
Revenue$79,872$95,130$23,380
Expenses$110,813$106,353$108,181
Qualifying Distributions$108,784$105,932$107,470
Net Investment Income$79,872$82,641$17,341
Distributable Amount$113,510$109,991$113,107

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$60K$91K$121K14 grants202014 grants202120 grants202221 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CCUC$53KPUI TAK CENTER$30KURBAN VOICE$8KRESOURCE GLOBAL$5KNYU$3KCHINESE CHRISTIAN HERALD…$2KWORLD VENTURE$2KCOLUMBIA UNIVERSITY$1KCHINESE CHRISTIAN MISSION$800COALITION FOR A BETTER C…$300

Grant Size Distribution

88 grants across all recorded years

84<$50K4$50–100K$100–250K$250–500K$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

From 2024 filing

NameTitleHoursCompensation
DR CHEUK W YUNGPRESIDENT3
BETSY P YUNGSECETARY/TREASURER1
SOPHIA M MOYVICE PRESIDENT1
STEVE C YUNGVICE PRESIDENT1

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.

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