Trae Young Family Foundation
Trae Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $978K in total assets. In 2024, it awarded 5 grants totaling $440K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$978K
+48.8% YoY
Annual Giving
$440K
-4.5% YoY
Grant Count
5
-44.4% YoY
Avg Grant Size
$88K
+72.0% YoY
Under IRS private-foundation payout rules, Trae Young Family Foundation reported a distributable amount of $777 for 2024 — the minimum it must pay out in qualifying distributions.
About Trae Young Family Foundation
Based on IRS filings
Trae Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $978K in total assets. In 2024, it awarded 5 grants totaling $440K. Net investment income was $41K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $978,063 | $657,307 | $702,559 |
| Revenue | $950,067 | $616,613 | $925,390 |
| Expenses | $942,200 | $704,831 | $333,025 |
| Qualifying Distributions | $468,464 | $460,561 | $311,105 |
| Net Investment Income | $41,152 | $14,347 | $2,364 |
| Distributable Amount | $777 | $1,242 | $17,187 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Young Family Athletic Center ($300,000), Communities Foundation of Oklahoma ($75,000), Norman Regional Health Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITIES FOUNDATION OF OKLAHOMA OKLAHOMA CITY, OK | ASSISTING UNDERPRIVLIDGED FAMILIES IN THE OKLAHOMA COMMUNITY | $75,000 |
| VICTORY FAMILY CHURCH NORMAN, OK | GENERAL CHARITABLE OPERATIONS | $5,000 |
| YOUNG FAMILY ATHLETIC CENTER NORMAN, OK | YOUTH COMMUNITY CENTER | $300,000 |
| EDWARD CHARLES FOUNDATION BEVERLY HILLS, CA | GENERAL CHARITABLE OPERATIONS | $10,000 |
| NORMAN REGIONAL HEALTH FOUNDATION NORMAN, OK | ASSISTING HEALTH CARE EFFORS IN THE NORMAN COMMUNITY. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY YOUNG | PRESIDENT | 1 | — |
| TRAE YOUNG | VICE PRESIDENT | 1 | — |
| CANDICE YOUNG | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Trae Young Family Foundation?
Trae Young Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. It holds $978K in total assets as of 2024.
How large is Trae Young Family Foundation?
As of 2024, Trae Young Family Foundation holds $978K in total assets with $950K in annual revenue. It awarded 5 grants totaling $440K in 2024.
Where does Trae Young Family Foundation operate?
Trae Young Family Foundation has awarded grants in California, Georgia, Oklahoma, Tennessee, Texas.
What size grants does Trae Young Family Foundation award?
In 2024, Trae Young Family Foundation awarded 5 grants totaling $440K — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is Trae Young Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Trae Young Family Foundation reported a distributable amount of $777 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Trae Young Family Foundation's EIN?
Trae Young Family Foundation's EIN (Employer Identification Number) is 83-3457528. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Trae Young Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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