The Yung Hope Foundation

Private foundation · Grantmaker Oak Brook, IL EIN: 83-2507984

The Yung Hope Foundation is a private foundation based in Oak Brook, Illinois. Its 2025 filing reports 24 grants totaling $138,144, including support for organizations in Illinois and several other states.

The Yung Hope Foundation at a glance

In short: The Yung Hope Foundation gave $138K across 24 grants in 2025 (avg $6K), mostly in Illinois. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$138,144
+30.1% vs 2024
Grants made (2025)
24
+26.3% vs 2024
Average grant
$5,756
+3.0% vs 2024
Median grant
$228
Total assets
$2,391,254
+1.6% vs 2024
New grantees (estimate)
17% first-time grantees (4 of 24, 2025; small sample)
Primary geography
Illinois (95% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Yung Hope Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 1808 Midwest Club Pkwy, Oak Brook, IL 60523
Phone: (708) 218-5276

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Yung Hope Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Trinity Evangelical Divinity School: $50KTrinity Evangelical DivinitySchool$50KCcuc: $40KCcuc$40KPUI TAK Christian School: $20KPUI TAK Christian School$20KPUI TAK Center: $10KPUI TAK Center$10KUrban Voice: $5KUrban Voice$5KResource Global: $5KResource Global$5KWorld Venture: $2KWorld Venture$2KChinese Christian Herald Crusade: $2KChinese Christian HeraldCrusade$2KNYU: $1KNYU$1KColumbia University: $1KColumbia University$1K

The largest 2025 recipient was Trinity Evangelical Divinity School ($50K). Together the top 10 received $136K.

Grant Size Distribution

98 grants across all recorded years

93<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 93 grants of 98 (95%).

Geographic Focus

Where this funder awards grants

In 2025, 95% of grant dollars went to recipients in Illinois, 3% to recipients in New York, and 1% to recipients in Colorado. California and Tennessee each accounted for 0% as reported.

Grant Distribution by State

13states

Share of 2025 grant dollars across all 24 itemized grants.

Cities

ChicagoNew YorkFlushingPetalumaEnglewoodLos AngelesAshlandChamblerlainGrand RapidsMemphisCedarClarksburgCoon RapidsDeerfieldOrlandoPhoenixTampa

Is The Yung Hope Foundation open to new grantees?

17%

first-time grantees, 2025

In 2025, 4 of 24 grantees (17%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $13K; repeat grants $4K. How we count

Medians: $115 first-time, $350 repeat.

  • 75% of 2025 grantees were also funded in 2024. Method
  • Giving grew 31% from 2022 to 2025. Method
  • In 2025 it paid out 123% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K12 grants2019 14 grants2020 14 grants2021 20 grants2022 21 grants2023 19 grants2024 24 grants2025

From 2019 to 2025, annual grant giving ranged from $82K (2019) to $138K (2025). In 2025 it made 24 grants totaling $138K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Trinity Evangelical Divinity School Deerfield, ILGeneral Support$50,000
Ccuc Chicago, ILGeneral Support$40,000
PUI TAK Christian School Chicago, ILGeneral Support$20,000
PUI TAK Center Chicago, ILGeneral Support$10,365
Urban Voice Chicago, ILGeneral Support$5,000
Resource Global Chicago, ILGeneral Support$5,000
World Venture Englewood, COPublic Charity$2,000
Chinese Christian Herald Crusade Flushing, NYGeneral Support$2,000
NYU New York, NYGeneral Support$1,000
Columbia University New York, NYGeneral Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,391,254$104,673$142,330$138,14424$141,260$104,673$115,270
2024$2,352,613$79,872$110,813$106,20019$108,784$79,872$113,510
2023$2,292,375$95,130$106,353$103,49521$105,932$82,641$109,991
2022$2,220,132$23,380$108,181$105,73020$107,470$17,341$113,107
2021$2,385,149$5,129$137,192$120,98514$123,302$5,129$120,164
2020$2,440,318$578,306$112,437$110,70014—$498,271$110,376
2019$1,935,875$20,921$85,509$82,22912—$20,921$85,168

Under IRS private-foundation payout rules, The Yung Hope Foundation reported a distributable amount of $115K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The sources do not state a mission for the foundation. Its 2025 grants included organizations whose own missions describe Christian education and community services, Gospel-focused initiatives, evangelism and foreign missions, support for children and youth affected by inequity, and efforts to address child hunger. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2025, the foundation gave $138,144 through 24 grants. Grant amounts ranged from $50 to $50,000, with a median of $228. Its largest grants included $50,000 to Trinity Evangelical Divinity School, $40,000 to CCUC, $20,000 to Pui Tak Christian School, and $10,365 to Pui Tak Center. Each was listed for general support.

Other listed grants included $5,000 each to Urban Voice and Resource Global; $2,000 to World Venture and Chinese Christian Herald Crusade; $1,000 each to NYU and Columbia University; $400 to Chinese Christian Mission; and $300 to Joshua Fellowship.

Pui Tak Christian School describes its mission as equipping young learners academically and spiritually to become future leaders. Pui Tak Center says it serves the Chinese community in greater Chicago through educational, family, and community services. Resource Global describes its mission as investing financially and through human capital in initiatives advancing the Gospel. Chinese Christian Mission says it supports local evangelism and foreign missions through missionaries, training, and literature.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Dr. Cheuk W. Yung as president, Betsy P. Yung as secretary/treasurer, and Sophia M. Moy and Steve C. Yung as vice presidents.

The Yung Hope Foundation is led by Cheuk W. Yung, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Cheuk W. Yung

    President

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Betsy P. Yung

    Secetary & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sophia M. Moy

    Vice President

    Director → Vice President, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Steve C. Yung

    Vice President

    Director → Vice President, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Yung Hope Foundation

How much does The Yung Hope Foundation give each year?

The Yung Hope Foundation gave $138K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $106K across 19 grants.

What is The Yung Hope Foundation's typical grant size?

The Yung Hope Foundation's median grant in 2025 was $228, and its average grant was $5,756, across 24 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Yung Hope Foundation that year got $13K on average.

Where does The Yung Hope Foundation give grants?

The Yung Hope Foundation gives mostly in Illinois: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (9 grants) and New York, NY (4 grants).

Does The Yung Hope Foundation give general operating support?

Yes: 96% of The Yung Hope Foundation's 2025 grants with a stated purpose (23 of 24) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Yung Hope Foundation's largest grantees?

The Yung Hope Foundation's largest 2025 grantees include Trinity Evangelical Divinity School ($50,000), Ccuc ($40,000) and PUI TAK Christian School ($20,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.

How large is The Yung Hope Foundation?

The Yung Hope Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $141K in qualifying distributions that year, against a required minimum of $115K (roughly 5% of its investment assets).

What does The Yung Hope Foundation fund?

The sources do not state a mission for the foundation. See mission & focus areas ↑

How do I apply for a grant from The Yung Hope Foundation?

The foundation does not accept unsolicited requests and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Yung Hope Foundation's EIN?

The Yung Hope Foundation's EIN (Employer Identification Number) is 83-2507984. IRS Form 990 filing data is available on this page for 2019–2025.

Does The Yung Hope Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Yung Hope Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-yung-hope-foundation-morg_812e964b3d7249c18ef937c0dffaaacd

BibTeX
@misc{grantable_832507984_2026,
  author       = {{Grantable}},
  title        = {{The Yung Hope Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-yung-hope-foundation-morg_812e964b3d7249c18ef937c0dffaaacd},
  note         = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Yung Hope Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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