Young Family Foundation Inc

DELRAY BEACH, FL EIN: 61-1510360

Young Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$491K

-19.3% YoY

Annual Giving

$31K

+15.8% YoY

Grant Count

+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.

About Young Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $118K (85%)

Pennsylvania $20K (14%)

New York $1K (1%)

States

Florida New York Pennsylvania

Cities

Boca RatonBoynton BeachBrooklynDelray BeachGainesvilleGulf StreamJupiterNew YorkPalm BeachPalm Beach GardensPhiladelphiaWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

38 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Us Squash ($20,000), The Miracle League of Palm Beach ($5,000), Community Childcare ($2,010).

Recipient	Purpose	Amount
US SQUASH PHILADELPHIA, PA	EDUCATION	$20,000
HANLEY CENTER FOUNDATION WEST PALM BEACH, FL	EDUCATION	$455
SUNFLOWER CREATIVE ARTS DELRAY BEACH, FL	EDUCATION	$75
BONE MARROW & CANCER FOUNDATION NEW YORK, NY	EDUCATION	$250
GULF STREAM SCHOOL GULF STREAM, FL	EDUCATION	$1,000
HISTORICAL SOCIETY WEST PALM BEACH, FL	EDUCATION	$1,310
COMMUNITY CHILDCARE PALM BEACH GARDENS, FL	EDUCATION	$2,010
THE MIRACLE LEAGUE OF PALM BEACH DELRAY BEACH, FL	FOUNDATION	$5,000
JORDAN AVI OGMAN FOUNDATION BOCA RATON, FL	FOUNDATION	$720

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES YOUNG	PRESIDENT	20	$26,000
MARCIE YOUNG	DIRECTOR	10	$22,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Young Family Foundation Inc?

Young Family Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DELRAY BEACH, FL. It holds $491K in total assets as of 2024.

How large is Young Family Foundation Inc?

As of 2024, Young Family Foundation Inc holds $491K in total assets with $21K in annual revenue. It awarded 9 grants totaling $31K in 2024.

Where does Young Family Foundation Inc operate?

Young Family Foundation Inc has awarded grants in Florida, New York, Pennsylvania.

What size grants does Young Family Foundation Inc award?

In 2024, Young Family Foundation Inc awarded 9 grants totaling $31K — an average of about $3K 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 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.