Trae Young Family Foundation
Trae Young Family Foundation is a private foundation, 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.
Trae Young Family Foundation at a glance
In short: Trae Young Family Foundation gave $440K across 5 grants in 2024 (avg $88K), mostly in Oklahoma. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $440,000
- -4.5% vs 2023
- Grants made (2024)
- 5
- -44.4% vs 2023
- Average grant
- $88,000
- +72.0% vs 2023
- Median grant
- $50,000
- Total assets
- $978,063
- +48.8% vs 2023
- Primary geography
- Oklahoma (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Trae Young Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Young Family Athletic Center ($300K). Together the top 5 received $440K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 17 grants of 27 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Trae Young Family Foundation gives
- Giving grew 240% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $52K (2020) to $461K (2023). In 2024 it made 5 grants totaling $440K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Family Athletic Center Norman, OK | Youth Community Center | $300,000 |
| Communities Foundation of Oklahoma Oklahoma City, OK | Assisting Underprivlidged Families in the Oklahoma Community | $75,000 |
| Norman Regional Health Foundation Norman, OK | Assisting Health Care Effors in the Norman Community. | $50,000 |
| Edward Charles Foundation Beverly Hills, CA | General Charitable Operations | $10,000 |
| Victory Family Church Norman, OK | General Charitable Operations | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $978,063 | $950,067 | $942,200 | $440,000 | 5 | $468,464 | $41,152 | $777 |
| 2023 | $657,307 | $616,613 | $704,831 | $460,560 | 9 | $460,561 | $14,347 | $1,242 |
| 2022 | $702,559 | $925,390 | $333,025 | $311,105 | 7 | $311,105 | $2,364 | $17,187 |
| 2021 | $114,425 | $150,203 | $137,933 | $129,600 | 4 | $129,600 | — | $3,025 |
| 2020 | $102,155 | $141,900 | $56,218 | $52,467 | 2 | — | — | $814 |
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.
Leadership & Key People
Officers and directors from IRS filings
Trae Young Family Foundation is led by Ray Young, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ray Young
President
On filings since 2020
1 hr/week
No compensation reported
Candice Young
Secretary
On filings since 2020
1 hr/week
No compensation reported
Trae Young
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Trae Young Family Foundation
How much does Trae Young Family Foundation give each year?
Trae Young Family Foundation gave $440K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $461K across 9 grants.
What is Trae Young Family Foundation's typical grant size?
Trae Young Family Foundation's median grant in 2024 was $50,000, and its average grant was $88,000, across 5 grants on its 2024 IRS Form 990-PF.
Where does Trae Young Family Foundation give grants?
Trae Young Family Foundation gives mostly in Oklahoma: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Norman, OK (3 grants).
Does Trae Young Family Foundation give general operating support?
Yes: 40% of Trae Young Family Foundation's 2024 grants with a stated purpose (2 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Trae Young Family Foundation's largest grantees?
Trae Young Family Foundation's largest 2024 grantees include Young Family Athletic Center ($300,000), Communities Foundation of Oklahoma ($75,000) and Norman Regional Health Foundation ($50,000), according to its 2024 IRS Form 990-PF. Together they received 97% of its itemized 2024 grant dollars.
How large is Trae Young Family Foundation?
Trae Young Family Foundation reported $978K in total assets on its 2024 IRS Form 990-PF. It paid out $468K in qualifying distributions that year, against a required minimum of $777 (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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