Young Family Foundation Inc
Young Family Foundation Inc is a private foundation focused on public and societal benefit, based in Buffalo, NY. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $44K in total assets. In 2023, it awarded 3 grants totaling $4K.
Young Family Foundation Inc at a glance
In short: Young Family Foundation Inc gave $4K across 3 grants in 2023 (avg $1K), mostly in New York. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $4,000
- -50.0% vs 2022
- Grants made (2023)
- 3
- -50.0% vs 2022
- Average grant
- $1,333
- +0.0% vs 2022
- Median grant
- $1,000
- Total assets
- $43,788
- +7.3% vs 2022
- Primary geography
- New York (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Young Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Sweet Home Central ($3K). Together the top 2 received $4K.
Organizations only. It also paid 1 individual scholarship ($250), which are not listed by name.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
States
Cities
How Young Family Foundation Inc gives
- In 2023 it paid out 307% of 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 2022 to 2023, annual grant giving ranged from $4K (2023) to $8K (2022). In 2023 it made 3 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sweet Home Central Buffalo, NY | Bookworm scholarship for graduate who is a voracious reader. Hockey - the senior player most dedicated to the sport. Girls soccer scholarship given to the team captain | $2,750 |
| Lafayette International School PS #207 Buffalo, NY | Scholarship for the graduating senior with the highest gpa in the senior year. | $1,000 |
| 1 individual scholarship Recipients not named | — | $250 |
Ready to take the next step with Young Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2023 | $43,788 | $10,000 | $7,011 | $4,000 | 3 | $7,011 | $2,282 |
| 2022 | $40,799 | $50,000 | $9,201 | $8,000 | 6 | $9,201 | $1,554 |
Under IRS private-foundation payout rules, Young Family Foundation Inc reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Young Family Foundation Inc is led by Ronald J. Young, President on every filing since 2022; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Ronald J. Young
President
On filings since 2022
No compensation reported
Anita Johnson
Secretary
On filings since 2022
No compensation reported
Linda A. Young
Vice President & CFO
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2023. "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 Young Family Foundation Inc
How much does Young Family Foundation Inc give each year?
Young Family Foundation Inc gave $4K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $8K across 6 grants.
What is Young Family Foundation Inc's typical grant size?
Young Family Foundation Inc's median grant in 2023 was $1,000, and its average grant was $1,333, across 3 grants on its 2023 IRS Form 990-PF.
Where does Young Family Foundation Inc give grants?
Young Family Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Buffalo, NY (2 grants).
Does Young Family Foundation Inc give general operating support?
Not in 2023: none of the 3 grants with a stated purpose on Young Family Foundation Inc's 2023 IRS Form 990-PF were described as general or operating support.
How large is Young Family Foundation Inc?
Young Family Foundation Inc reported $44K in total assets on its 2023 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Young Family Foundation Inc?
Young Family Foundation Inc is a private foundation focused on public and societal benefit, based in Buffalo, NY. It holds $44K in total assets as of 2023.
What is Young Family Foundation Inc's EIN?
Young Family Foundation Inc's EIN (Employer Identification Number) is 87-4057152. IRS Form 990 filing data is available on this page for 2022–2023.
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 2022–2023
Explore Open Grants
Browse active grant opportunities in Young Family Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in New York
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
LISC funds affordable housing, community development, small businesses, and related efforts that strengthen inclusive communities, providing grants as well as loans, equity, and technical assistance across the country. Its 2024 grants had a median award of $40,000, though amounts varied widely. Application access is program-specific: for its Rhode Island child care facilities planning grants, applicants are instructed to consult program staff before submitting a request.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports human rights and social and economic justice, including work on climate, the environment, civic engagement, and Jewish causes, in the United States and internationally. Its 2024 grants had a median of $200,000, with amounts ranging from $500 to $9.75 million. It funds only preselected organizations and does not accept unsolicited requests; it plans to end grantmaking by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Young Family 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.
Young Family Foundation Inc down — hundreds of funders to go?