William T Young Foundation Inc

Private foundation · Grantmaker Lexington, KY EIN: 31-1020207

William T Young Foundation Inc is a private foundation based in Lexington, Kentucky. In its 2025 filing, it reported 13 grants totaling $791,000 to charitable organizations, including universities, arts organizations, and other nonprofits.

William T Young Foundation Inc at a glance

In short: William T Young Foundation Inc gave $791K across 13 grants in 2025 (avg $61K), top state Kentucky. 38% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$791,000
+4.2% vs 2024
Grants made (2025)
13
-18.8% vs 2024
Average grant
$60,846
+28.3% vs 2024
Median grant
$25,000
Total assets
$3,639,568
-9.3% vs 2024
New grantees (estimate)
38% first-time grantees (5 of 13, 2025; small sample)
Primary geography
Kentucky (45% 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 William T Young Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.

Contact

Mailing address: PO Box 1110, Lexington, KY 40588
Phone: (859) 335-2259

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

Who William T Young Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Kentucky Opera Theatre: $250KUniversity of Kentucky OperaTheatre$250KOhio State University Foundation: $125KOhio State UniversityFoundation$125KCommon Good: $100KCommon Good$100KGreens Farms Academy Inc: $100KGreens Farms Academy Inc$100KGrayson-Jockey Club Research Foundation: $75KGrayson-Jockey Club ResearchFoundation$75KFine Arts Museums of San Francisco: $27KFine Arts Museums of SanFrancisco$27KChatham Orpheum Theater: $25KChatham Orpheum Theater$25KUniting Voices Lexington: $25KUniting Voices Lexington$25KUniversity of Virginia: $25KUniversity of Virginia$25KThe Nest Center for Women Children and Families Inc: $15KThe Nest Center for WomenChildren and Families Inc$15K

The largest 2025 recipient was University of Kentucky Opera Theatre ($250K). Together the top 10 received $767K.

Grant Size Distribution

72 grants across all recorded years

50<$50K9$50–100K11$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 50 grants of 72 (69%).

Geographic Focus

Where this funder awards grants

In 2025, 45% of grant dollars went to recipients in Kentucky, 16% to Ohio, 13% to New York, 13% to Connecticut, and 3% to California.

Grant Distribution by State

10states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

LexingtonCharlottesvilleNew YorkSan FranciscoFairfieldDurhamWestportNashvilleChicagoColumbusLong Island CityLouisvilleAlexandriaChatham

Is William T Young Foundation Inc open to new grantees?

38%

first-time grantees, 2025

In 2025, 5 of 13 grantees (38%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $78K; repeat grants $50K. How we count

Medians: $25K first-time, $26K repeat.

  • 62% of 2025 grantees were also funded in 2024. Method
  • Giving grew 21% from 2022 to 2025. Method
  • In 2025 it paid out 192% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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$200K$400K$600K$800K14 grants2020 14 grants2021 13 grants2022 16 grants2023 16 grants2024 13 grants2025

From 2020 to 2025, annual grant giving ranged from $505K (2021) to $791K (2025). In 2025 it made 13 grants totaling $791K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Kentucky Opera Theatre Lexington, KYSubsidy$250,000
Ohio State University Foundation Columbus, OHSubsidy$125,000
Common Good New York, NYSubsidy$100,000
Greens Farms Academy Inc Westport, CTSubsidy$100,000
Grayson-Jockey Club Research Foundation Lexington, KYSubsidy$75,000
Fine Arts Museums of San Francisco San Francisco, CASubsidy$27,000
Chatham Orpheum Theater Chatham, MASubsidy$25,000
Uniting Voices Lexington Chicago, ILSubsidy$25,000
University of Virginia Charlottesville, VASubsidy$25,000
The Nest Center for Women Children and Families Inc Lexington, KYSubsidy$15,000
Your AI grants department

Ready to take the next step with William T Young Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$3,639,568$442,274$816,811$791,00013$792,890$185,399$412,958
2024$4,014,105$1,769,903$766,758$758,82516$760,715$1,404,771$395,897
2023$3,366,682$547,915$700,425$693,50016$695,765$222,846$391,517
2022$3,836,728$468,186$662,962$655,77613$658,291$161,127$383,818
2021$4,330,245$408,556$512,473$505,00014$507,515$149,944$359,966
2020$4,685,332$380,061$552,775$546,32014—$147,771$316,050

Under IRS private-foundation payout rules, William T Young Foundation Inc reported a distributable amount of $413K 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 available information does not state a mission for the foundation. Its 2025 grants show support for organizations in several fields. For example, the Ohio State University Foundation says it raises funds and manages endowments and planned gifts for the benefit of The Ohio State University. Greens Farms Academy says it engages students as partners in an innovative, inclusive, globally minded community and prepares them for a life of purpose. Vanderbilt University Medical Center’s mission statement refers readers to its Form 990, Schedule O.

Grantmaking

In 2025, the foundation reported 13 grants totaling $791,000. Grant amounts ranged from $2,000 to $250,000, with a median of $25,000.

Among the largest reported grants were $250,000 to University of Kentucky Opera Theatre; $125,000 to Ohio State University Foundation; $100,000 each to Common Good and Greens Farms Academy Inc; and $75,000 to Grayson-Jockey Club Research Foundation. Other listed grants included $27,000 to Fine Arts Museums of San Francisco, $25,000 each to Chatham Orpheum Theater, Uniting Voices Lexington, and University of Virginia, and $15,000 to The Nest Center for Women Children and Families Inc. The filing lists the purposes of these grants as “SUBSIDY.”

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists William T Young Jr as president and director; Douglas Dean as vice president and director; and Christopher H Young, Meade Y Fogel, and Lucy Y Hamilton as directors. It lists John H Lovern as secretary/treasurer and director.

William T Young Foundation Inc is led by William T. Young Jr., President & Director on every filing since 2020; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William T. Young Jr.

    President & Director

    On filings since 2020

    No compensation reported

  • Christopher H. Young

    Director

    On filings since 2020

    No compensation reported

  • Douglas Dean

    Vice President & Director

    On filings since 2020

    No compensation reported

  • John H. Lovern

    Secretary, Treasurer & Director

    On filings since 2020

    No compensation reported

  • Lucy Y. Hamilton

    Director

    On filings since 2020

    No compensation reported

  • Meade Y. Fogel

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 William T Young Foundation Inc

How much does William T Young Foundation Inc give each year?

William T Young Foundation Inc gave $791K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $759K across 16 grants.

What is William T Young Foundation Inc's typical grant size?

William T Young Foundation Inc's median grant in 2025 was $25,000, and its average grant was $60,846, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from William T Young Foundation Inc that year got $78K on average.

Where does William T Young Foundation Inc give grants?

William T Young Foundation Inc's top state is Kentucky, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Ohio (16%) and New York (13%). The most frequent recipient cities were Lexington, KY (4 grants).

Does William T Young Foundation Inc give general operating support?

Not in 2025: none of the 13 grants with a stated purpose on William T Young Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Subsidy" (13 grants).

Who are William T Young Foundation Inc's largest grantees?

William T Young Foundation Inc's largest 2025 grantees include University of Kentucky Opera Theatre ($250,000), Ohio State University Foundation ($125,000) and Common Good ($100,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.

How large is William T Young Foundation Inc?

William T Young Foundation Inc reported $3.6M in total assets on its 2025 IRS Form 990-PF. It paid out $793K in qualifying distributions that year, against a required minimum of $413K (roughly 5% of its investment assets).

What does William T Young Foundation Inc fund?

The available information does not state a mission for the foundation. Its 2025 grants show support for organizations in several fields. For example, the Ohio State University Foundation says it raises funds and manages endowments and planned gifts for the benefit of The Ohio State University. See mission & focus areas ↑

How do I apply for a grant from William T Young Foundation Inc?

The foundation does not accept unsolicited requests for funds and 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 William T Young Foundation Inc's EIN?

William T Young Foundation Inc's EIN (Employer Identification Number) is 31-1020207. IRS Form 990 filing data is available on this page for 2020–2025.

Does William T Young Foundation Inc 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

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 4, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 4, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 29, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 18, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Explore Open Grants

Browse active grant opportunities in William T Young Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Kentucky

Blue Grass Community Foundation Inc

Lexington, KY

Blue Grass Community Foundation funds charitable causes and community needs, including education, housing, basic assistance, and youth wellbeing, primarily in Central and Appalachia Kentucky. Its 2025 grants ranged from about $5,000 to $520,000, with a median of about $16,700; the foundation’s website describes competitive grant opportunities but does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$296.2M

Grants

514

Total Given

$20.7M

The Community Foundation of Louisville Inc

Louisville, KY

The Community Foundation of Louisville funds nonprofits across areas including education, arts and culture, health, and community development, with a focus on Louisville and surrounding communities while also supporting work beyond the region. Its 2025 grants ranged from $5,012 to $3,853,691, with a median of $22,987; it states that grant programs for local nonprofits use an open application and review process.

Philanthropy, Voluntarism & Grantmaking

Assets

$766.9M

Grants

678

Total Given

$55.0M

LG&E and Ku Foundation Inc

Louisville, KY

The foundation funds community organizations in economic development, education, the environment, and diversity, as well as event sponsorships and tree-planting grants, primarily in communities served by LG&E and KU. Its 2025 grants ranged from $100 to $749,000, with a median of $2,500; 96% of grant dollars went to Kentucky. It accepts community grant applications through its online portal in March and October.

Philanthropy, Voluntarism & Grantmaking

Assets

$22.0M

Grants

497

Total Given

$4.3M

The Community Foundation of Louisville Depository Inc

Louisville, KY

The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.

Assets

$24.0M

Grants

421

Total Given

$20.5M

John B & Brownie Young Memorial Fund

Owensboro, KY

The fund provides scholarships to eligible high school seniors from four Owensboro-area Kentucky school districts for full-time college or vocational/technical study, primarily supporting the first year. Awards are at least $500, with a $500 median grant in 2025; larger awards depend on students’ financial need. Students are notified and receive application information through their school counselor and Independence Bank; the fund does not state whether it accepts unsolicited requests.

Assets

$13.5M

Grants

392

Total Given

$894K

Honorable Order of Kentucky Colonels Inc

Louisville, KY

The Honorable Order of Kentucky Colonels funds Kentucky 501(c)(3) organizations serving Kentuckians, supporting projects in areas such as education, health, community services, arts, and disaster relief. Its 2024 grants ranged from $370 to $500,000, with a median of about $6,000; Good Works applications require a letter of intent, and the profile does not state whether unsolicited requests are accepted.

Community Improvement & Capacity Building

Assets

$23.5M

Grants

358

Total Given

$4.5M

More similar funders

More Funders in Kentucky

Cite this profile

Grantable. (2026). William T Young Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/william-t-young-foundation-inc-morg_8b72768ccd0547b18cdacfbac381fb1b

BibTeX
@misc{grantable_311020207_2026,
  author       = {{Grantable}},
  title        = {{William T Young Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/william-t-young-foundation-inc-morg_8b72768ccd0547b18cdacfbac381fb1b},
  note         = {Accessed 2026-10-14. 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 William T Young Foundation Inc'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.

William T Young Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?