Young Family Foundation Inc is a private foundation focused on Public, 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.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$44K
+7.3% YoY
Annual Giving
$4K
-50.0% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$1K
+0.0% YoY
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.
About Young Family Foundation Inc
Based on IRS filings
Young Family Foundation Inc is a private foundation focused on Public, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 |
|---|---|---|
| Total Assets | $43,788 | $40,799 |
| Revenue | $10,000 | $50,000 |
| Expenses | $7,011 | $9,201 |
| Qualifying Distributions | $7,011 | $9,201 |
| Net Investment Income | — | — |
| Distributable Amount | $2,282 | $1,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Sweet Home Central ($2,750), Lafayette International School Ps #207 ($1,000), Our Lady of Victory Elementary School ($250).
| Recipient | Purpose | Amount |
|---|---|---|
| LAFAYETTE INTERNATIONAL SCHOOL PS #207 BUFFALO, NY | SCHOLARSHIP FOR THE GRADUATING SENIOR WITH THE HIGHEST GPA IN THE SENIOR YEAR. | $1,000 |
| 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 |
| OUR LADY OF VICTORY ELEMENTARY SCHOOL LACKAWANNA, NY | TUITION, MATERIALS, ATHLETIC EQUIPMENT AS NEEDED TO BENEFIT SCHOOL AND STUDENTS | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD J YOUNG | PRESIDENT | — | — |
| LINDA A YOUNG | VICE PRESIDENT/CFO | — | — |
| ANITA JOHNSON | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Young Family Foundation Inc?
Young Family Foundation Inc is a private foundation focused on Public, Societal Benefit, based in BUFFALO, NY. It holds $44K in total assets as of 2023.
How large is Young Family Foundation Inc?
As of 2023, Young Family Foundation Inc holds $44K in total assets with $10K in annual revenue. It awarded 3 grants totaling $4K in 2023.
Where does Young Family Foundation Inc operate?
Young Family Foundation Inc has awarded grants in California, New York.
What size grants does Young Family Foundation Inc award?
In 2023, Young Family Foundation Inc awarded 3 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Young Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Young Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Young Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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