Young Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSTON, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 18 grants totaling $1.0M. Net investment income was $11.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.6M
+186.6% YoY
Annual Giving
$1.0M
+16.4% YoY
Grant Count
18
-30.8% YoY
Avg Grant Size
$57K
+68.1% YoY
Under IRS private-foundation payout rules, Young Future Foundation reported a distributable amount of $810K for 2024 — the minimum it must pay out in qualifying distributions.
About Young Future Foundation
Based on IRS filings
Young Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSTON, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 18 grants totaling $1.0M. Net investment income was $11.2M.
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 | $15,626,215 | $5,451,433 | $5,990,236 |
| Revenue | $11,284,451 | $368,202 | $242,285 |
| Expenses | $1,109,669 | $907,005 | $202,631 |
| Qualifying Distributions | $1,043,144 | $887,300 | $193,049 |
| Net Investment Income | $11,225,242 | $355,497 | $232,953 |
| Distributable Amount | $810,267 | $896,085 | $920,676 |
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Purdue Research Foundation ($625,000), University of North Carolina ($150,000), Farm Sanctuary ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANTICRUELTY SOCIETY CHICAGO, IL | PUBLIC CHARITY | $2,591 |
| COLLEGE POSSIBLE CHICAGO, IL | PUBLIC CHARITY | $12,500 |
| FARM SANCTUARY WATKINS GLEN, NY | PUBLIC CHARITY | $50,000 |
| GENTLE BARN SANTA CLARITA, CA | PUBLIC CHARITY | $15,000 |
| GIVING FUND WASHINGTON, DC | PUBLIC CHARITY | $26,000 |
| IOWA FARM SANCTUARY OXFORD, IA | PUBLIC CHARITY | $10,000 |
| LEAP FOR ANIMALS SACRAMENTO, CA | PUBLIC CHARITY | $5,000 |
| MERCY FOR ANIMALS INC CHICAGO, IL | PUBLIC CHARITY | $50,000 |
| ONE TREE PLANTED SHELBURNE, VT | PUBLIC CHARITY | $7,500 |
| PETA NORFOLK, VA | PUBLIC CHARITY | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J YOUNG | PRESIDENT | 0.1 | — |
| CARLA YOUNG | SECRETARY | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Young Future Foundation?
Young Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSTON, IL. It holds $15.6M in total assets as of 2024.
How large is Young Future Foundation?
As of 2024, Young Future Foundation holds $15.6M in total assets with $11.3M in annual revenue. It awarded 18 grants totaling $1.0M in 2024.
Where does Young Future Foundation operate?
Young Future Foundation has awarded grants in California, District of Columbia, Florida, Iowa, Illinois, Indiana, Michigan, North Carolina, New Jersey, New York, Tennessee, Texas, Virginia, Vermont, Washington.
What size grants does Young Future Foundation award?
In 2024, Young Future Foundation awarded 18 grants totaling $1.0M — an average of about $57K per grant, based on its IRS Form 990 filings.
How much is Young Future Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Young Future Foundation reported a distributable amount of $810K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Young Future Foundation's EIN?
Young Future Foundation's EIN (Employer Identification Number) is 87-1701328. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Young Future 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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