Young Family Foundation Inc
Young Family Foundation Inc is a private foundation, based in Delray Beach, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $491K in total assets. In 2024, it awarded 9 grants totaling $31K. Net investment income was $7K.
Key facts about Young Family Foundation Inc
In short: Young Family Foundation Inc gave $31K across 9 grants in 2024 (avg $3K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- EIN
- 61-1510360
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $30,820
- Grants made (2024)
- 9
- Average grant
- $3,424
- Median grant
- $1,000
- Total assets
- $491,141
- Primary geography
- Pennsylvania (65% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$491K
-19.3% YoY
Annual Giving
$31K
+15.8% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$3K
+3.0% YoY
Under IRS private-foundation payout rules, Young Family Foundation Inc reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
How Young Family Foundation Inc gives
- Giving fell 26% from 2021 to 2024. Method
- In 2023 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $27K (2023) to $42K (2021). In 2024 it made 9 grants totaling $31K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was US Squash ($20K). Together the top 9 received $31K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 38 grants of 38 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| US Squash Philadelphia, PA | Education | $20,000 |
| The Miracle League of Palm Beach Delray Beach, FL | Foundation | $5,000 |
| Community Childcare Palm Beach Gardens, FL | Education | $2,010 |
| Historical Society West Palm Beach, FL | Education | $1,310 |
| Gulf Stream School Gulf Stream, FL | Education | $1,000 |
| Jordan AVI Ogman Foundation Boca Raton, FL | Foundation | $720 |
| Hanley Center Foundation West Palm Beach, FL | Education | $455 |
| Bone Marrow & Cancer Foundation New York, NY | Education | $250 |
| Sunflower Creative Arts Delray Beach, FL | Education | $75 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $491,141 | $608,515 | $729,738 |
| Revenue | $20,811 | $-45,219 | $13,685 |
| Expenses | $105,149 | $101,689 | $122,489 |
| Qualifying Distributions | — | $26,610 | $39,852 |
| Net Investment Income | $7,367 | $3,677 | — |
| Distributable Amount | $30,364 | $32,754 | $38,943 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Young Family Foundation Inc is led by James Young, President on every filing since 2021; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
James Young
President
On filings since 2021
20 hrs/week
$36K (2021) → $26K (2024)
Marcie Young
Director
On filings since 2021
10 hrs/week
$26K (2021) → $22K (2024)
Former officers (1)
- Former: Richard Yound (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $26K, to James Young (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Young Family Foundation Inc
How much does Young Family Foundation Inc give each year?
Young Family Foundation Inc gave $31K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 8 grants.
What is Young Family Foundation Inc's typical grant size?
Young Family Foundation Inc's median grant in 2024 was $1,000, and its average grant was $3,424, across 9 grants on its 2024 IRS Form 990-PF.
Where does Young Family Foundation Inc give grants?
Young Family Foundation Inc gives mostly in Pennsylvania: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (34%). The most frequent recipient cities were Delray Beach, FL (2 grants) and West Palm Beach, FL (2 grants).
Does Young Family Foundation Inc give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Young Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (7 grants).
Who are Young Family Foundation Inc's largest grantees?
Young Family Foundation Inc's largest 2024 grantees include US Squash ($20,000), The Miracle League of Palm Beach ($5,000) and Community Childcare ($2,010), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is Young Family Foundation Inc?
Young Family Foundation Inc reported $491K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $21K.
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 2024, Young Family Foundation Inc reported a distributable amount of $30K 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 61-1510360. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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