Yolles Charitable Foundation Inc

Private foundation · Grantmaker Fort Lauderdale, FL EIN: 47-3503549

Yolles Charitable Foundation Inc is a private foundation, based in Fort Lauderdale, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $104K in total assets. In 2024, it awarded 1 grant totaling $56K. Net investment income was $21K.

Key facts about Yolles Charitable Foundation Inc

In short: Yolles Charitable Foundation Inc gave $56K across 1 grant in 2024 (avg $56K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
47-3503549
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$55,700
Grants made (2024)
1
Average grant
$55,700
Median grant
$55,700
Total assets
$104,013
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$104K

+18.2% YoY

Annual Giving

$56K

-28.5% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$56K

+186.0% YoY

Under IRS private-foundation payout rules, Yolles Charitable Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

How Yolles Charitable Foundation Inc gives

  • Giving fell 28% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Fort LauderdaleSeattleNew YorkChicagoTrenton

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K6 grants2019 2 grants2020 4 grants2021 2 grants2022 4 grants2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $56K (2024) to $245K (2019). In 2024 it made 1 grant totaling $56K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Handy Inc: $56KHandy Inc$56K

The largest 2024 recipient was Handy Inc ($56K).

Grant Size Distribution

13 grants across all recorded years

8<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 13 (62%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Handy Inc Fort Lauderdale, FLHelping abused neglected disadvantaged youth$55,700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$104,013$87,976$132,927
Revenue$114,587$36,352$122,354
Expenses$61,051$80,463$135,661
Qualifying Distributions$61,051$80,463$135,661
Net Investment Income$20,861$33,789$118,143
Distributable Amount$3,800$4,401$9,424

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 22, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 22, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 24, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 25, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Yolles Charitable Foundation Inc is led by Carol Yolles, President on every filing since 2019; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Carol Yolles

    President

    On filings since 2019

    No compensation reported

  • Lawrence P. Yolles

    Director

    On filings since 2019

    No compensation reported

  • Karl Madsen

    Vice President

    On filings since 2019

    No compensation reported

  • Robert A. Yolles

    Vice President

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "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 Yolles Charitable Foundation Inc

How much does Yolles Charitable Foundation Inc give each year?

Yolles Charitable Foundation Inc gave $56K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $78K across 4 grants.

How large is Yolles Charitable Foundation Inc?

Yolles Charitable Foundation Inc reported $104K in total assets on its 2024 IRS Form 990-PF. It paid out $61K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

Where does Yolles Charitable Foundation Inc operate?

Yolles Charitable Foundation Inc has awarded grants in Florida, Illinois, New Jersey, New York, Washington.

What is Yolles Charitable Foundation Inc's EIN?

Yolles Charitable Foundation Inc's EIN (Employer Identification Number) is 47-3503549. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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