W R Young Jr Memorial Trust

ORLANDO, FL EIN: 61-6150696

W R Young Jr Memorial Trust is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $65K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$65K

+2403.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$65K

+2403.8% YoY

Under IRS private-foundation payout rules, W R Young Jr Memorial Trust reported a distributable amount of $353 for 2024 — the minimum it must pay out in qualifying distributions.

About W R Young Jr Memorial Trust

Based on IRS filings

Ready to take the next step with W R Young Jr Memorial Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $77K (100%)

States

Kentucky

Cities

Owensboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$61,892	$65,035
Revenue	$3,824	$820	$2,822
Expenses	$65,747	$3,953	$4,401
Qualifying Distributions	$65,173	$3,275	$3,557
Net Investment Income	$3,749	$920	$2,119
Distributable Amount	$353	$3,099	$3,277

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Brescia University Inc ($65,100).

Recipient	Purpose	Amount
BRESCIA UNIVERSITY INC OWENSBORO, KY	GENERAL OPERATING	$65,100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	1	$147

Frequently Asked Questions

Where does W R Young Jr Memorial Trust operate?

W R Young Jr Memorial Trust has awarded grants in Kentucky.

What size grants does W R Young Jr Memorial Trust award?

In 2024, W R Young Jr Memorial Trust awarded 1 grants totaling $65K — an average of about $65K per grant, based on its IRS Form 990 filings.

How much is W R Young Jr Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, W R Young Jr Memorial Trust reported a distributable amount of $353 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.