Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIENNA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $625K in total assets. In 2024, it awarded 15 grants totaling $81K. Net investment income was $72K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$625K
+14.3% YoY
Annual Giving
$81K
+26.5% YoY
Grant Count
15
+50.0% YoY
Avg Grant Size
$5K
-15.7% YoY
Under IRS private-foundation payout rules, Young Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Young Foundation
Based on IRS filings
Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIENNA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $625K in total assets. In 2024, it awarded 15 grants totaling $81K. Net investment income was $72K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $624,680 | $546,534 | $528,862 |
| Revenue | $160,688 | $83,885 | $124,845 |
| Expenses | $82,543 | $66,214 | $58,909 |
| Qualifying Distributions | $81,215 | $64,318 | $57,847 |
| Net Investment Income | $72,104 | $42,602 | $42,939 |
| Distributable Amount | $39,554 | $33,730 | $31,557 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New City Church ($24,000), Local Church ($15,000), Mission to North Purchase ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMPUS CRUSADE ORLANDO, FL | GENERAL OPERATIONS | $200 |
| CONVERGE WORLDWIDE ORLANDO, FL | GENERAL OPERATIONS | $9,000 |
| LOCAL CHURCH VIENNA, VA | GENERAL OPERATIONS | $15,000 |
| LOVE USA AGOURA HILLS, CA | GENERAL OPERATIONS | $500 |
| MCLEAN PRESBYTERIAN CHURCH MCLEAN, VA | GENERAL OPERATIONS | $250 |
| MISSION TO THE WORLD LAWRENCEVILLE, GA | GENERAL OPERATIONS | $500 |
| NEW CITY CHURCH VIENNA, VA | GENERAL OPERATIONS | $24,000 |
| REFORMED THEOLOGICAL SEMINARY OVIEDO, FL | GENERAL OPERATIONS | $5,000 |
| THIRTY HEARTS NORTH RIDGEVILLE, OH | GENERAL OPERATIONS | $5,000 |
| MISSION TO NORTH PURCHASE NORTH HAVEN, CT | GENERAL OPERATIONS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE YOUNG | PRESIDENT | 1 | — |
| NANCY YOUNG | SECRETARY | 1 | — |
| JUSTIN YOUNG | DIRECTOR | 1 | — |
| JONATHAN YOUNG | DIRECTOR | 1 | — |
| KAITLYN YOUNG | DIRECTOR | 1 | — |
| SARAH YOUNG | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Young Foundation?
Young Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIENNA, VA. It holds $625K in total assets as of 2024.
How large is Young Foundation?
As of 2024, Young Foundation holds $625K in total assets with $161K in annual revenue. It awarded 15 grants totaling $81K in 2024.
Where does Young Foundation operate?
Young Foundation has awarded grants in Alabama, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington.
What size grants does Young Foundation award?
In 2024, Young Foundation awarded 15 grants totaling $81K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Young Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Young Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Young Foundation's EIN?
Young Foundation's EIN (Employer Identification Number) is 54-2003514. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Young Foundation'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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