William Baldwin Yung Charitable Trust

MONTGOMERY, AL EIN: 61-6662338

William Baldwin Yung Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTGOMERY, AL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $28.8M in total assets. In 2024, it awarded 1 grants totaling $1.4M. Net investment income was $585K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.8M

-2.7% YoY

Annual Giving

$1.4M

+4.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.4M

+4.8% YoY

Under IRS private-foundation payout rules, William Baldwin Yung Charitable Trust reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

About William Baldwin Yung Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $3.3M (100%)

States

Alabama

Cities

Marion

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$28,806,522	$29,604,115	$30,432,538
Revenue	$895,295	$812,219	$353,158
Expenses	$1,692,888	$1,626,853	$929,771
Qualifying Distributions	$1,380,086	$1,317,120	$569,537
Net Investment Income	$585,000	$488,448	$395,673
Distributable Amount	$1,512,119	$1,380,086	$1,370,724

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

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marion Military Institute Foundation ($1,380,086).

Recipient	Purpose	Amount
MARION MILITARY INSTITUTE FOUNDATION MARION, AL	EDUCATIONAL OPERATIONS	$1,380,086

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS BANK	TRUSTEE	1	$255,546

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William Baldwin Yung Charitable Trust?

William Baldwin Yung Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTGOMERY, AL. It holds $28.8M in total assets as of 2024.

How large is William Baldwin Yung Charitable Trust?

As of 2024, William Baldwin Yung Charitable Trust holds $28.8M in total assets with $895K in annual revenue. It awarded 1 grants totaling $1.4M in 2024.

Where does William Baldwin Yung Charitable Trust operate?

William Baldwin Yung Charitable Trust has awarded grants in Alabama.

What size grants does William Baldwin Yung Charitable Trust award?

In 2024, William Baldwin Yung Charitable Trust awarded 1 grants totaling $1.4M — an average of about $1.4M per grant, based on its IRS Form 990 filings.

How much is William Baldwin Yung Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William Baldwin Yung Charitable Trust reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William Baldwin Yung Charitable Trust's EIN?

William Baldwin Yung Charitable Trust's EIN (Employer Identification Number) is 61-6662338. IRS Form 990 filing data is available on this page for 2022–2024.