Young Future Foundation
Young Future Foundation is a private foundation based in Evanston, Illinois. In 2024, it reported making 18 grants totaling $1,029,284 to charitable organizations, including a university research foundation and organizations working in areas such as farm-animal sanctuary, vegan living, and feline rescue.
Young Future Foundation at a glance
In short: Young Future Foundation gave $1.0M across 18 grants in 2024 (avg $57K), mostly in Indiana. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,029,284
- +16.4% vs 2023
- Grants made (2024)
- 18
- -30.8% vs 2023
- Average grant
- $57,182
- +68.1% vs 2023
- Median grant
- $12,500
- Total assets
- $15,626,215
- +186.6% vs 2023
- New grantees (estimate)
- 33% first-time grantees (6 of 18, 2024; small sample)
- Primary geography
- Indiana (61% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Young Future Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 909 Davis Street Ste 500 34, Evanston, IL 60201
Phone: (847) 810-5534
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Young Future Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Purdue Research Foundation ($625K). Together the top 10 received $971K.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 47 grants of 56 (84%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in Indiana received 61% of grant dollars, followed by recipients in North Carolina (15%), New York (7%), Illinois (6%), and California (4%). These figures describe the locations of recipients, not a stated geographic eligibility policy.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
States
Cities
Is Young Future Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 6 of 18 grantees (33%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $9K; repeat grants $81K. How we count
Medians: $9K first-time, $15K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 129% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $193K (2022) to $1.0M (2024). In 2024 it made 18 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Purdue Research Foundation West Lafayette, IN | Public Charity | $625,000 |
| University of North Carolina Chapel Hill, NC | Public Charity | $150,000 |
| Farm Sanctuary Watkins Glen, NY | Public Charity | $50,000 |
| Mercy for Animals Inc Chicago, IL | Public Charity | $50,000 |
| Giving Fund Washington, DC | Public Charity | $26,000 |
| SPF Animal Sanctuary Granville, NY | Public Charity | $15,206 |
| Gentle Barn Santa Clarita, CA | Public Charity | $15,000 |
| Peta Norfolk, VA | Public Charity | $15,000 |
| College Possible Chicago, IL | Public Charity | $12,500 |
| Vegan Outreach Sacramento, CA | Public Charity | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $15,626,215 | $11,284,451 | $1,109,669 | $1,029,284 | 18 | $1,043,144 | $11,225,242 | $810,267 |
| 2023 | $5,451,433 | $368,202 | $907,005 | $884,300 | 26 | $887,300 | $355,497 | $896,085 |
| 2022 | $5,990,236 | $242,285 | $202,631 | $193,049 | 12 | $193,049 | $232,953 | $920,676 |
| 2021 | $5,950,582 | $20,017,151 | — | — | — | — | $17,151 | $78,155 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied missions. For example, Farm Sanctuary says it pursues solutions to end animal agriculture and foster vegan living through education and policy advocacy. Iowa Farm Sanctuary says it provides a safe haven for rescued farm animals and opportunities for people to learn about them. Seattle Area Feline Rescue says it takes in homeless cats, cares for them, and finds them homes. Purdue Research Foundation describes its primary mission as advancing the mission of Purdue University.
Grantmaking
In 2024, the foundation gave $1,029,284 through 18 grants. Grant amounts ranged from $2,575 to $625,000, with a median grant of $12,500.
Among the largest 2024 grants were $625,000 to Purdue Research Foundation, $150,000 to the University of North Carolina, $50,000 each to Farm Sanctuary and Mercy for Animals, and $26,000 to Giving Fund. Other reported awards included $15,206 to SPF Animal Sanctuary; $15,000 each to Gentle Barn and PETA; $12,500 each to College Possible and Vegan Outreach; $10,412 to Sale Ranch Animal Sanctuary; and $10,000 to Iowa Farm Sanctuary. The foundation also gave $10,000 to Rowdy Girl Sanctuary, $10,000 to Woodstock Farm Animal Sanctuary, $7,500 to One Tree Planted, and $2,575 to Seattle Area Feline Rescue.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William J Young as president and Carla Young as secretary.
Young Future Foundation is led by William J. Young, President on every filing since 2021; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
William J. Young
President
On filings since 2021
0.1 hrs/week
No compensation reported
Carla Young
Secretary
On filings since 2021
0.1 hrs/week
No compensation reported
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.
Frequently asked questions about Young Future Foundation
How much does Young Future Foundation give each year?
Young Future Foundation gave $1.0M across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $884K across 26 grants.
What is Young Future Foundation's typical grant size?
Young Future Foundation's median grant in 2024 was $12,500, and its average grant was $57,182, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Young Future Foundation that year got $9K on average.
Where does Young Future Foundation give grants?
Young Future Foundation gives mostly in Indiana: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (15%) and New York (7%). The most frequent recipient cities were Chicago, IL (3 grants) and Sacramento, CA (2 grants).
Does Young Future Foundation give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Young Future Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Public Charity" (18 grants).
Who are Young Future Foundation's largest grantees?
Young Future Foundation's largest 2024 grantees include Purdue Research Foundation ($625,000), University of North Carolina ($150,000) and Farm Sanctuary ($50,000), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is Young Future Foundation?
Young Future Foundation reported $15.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $810K (roughly 5% of its investment assets).
What does Young Future Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied missions. For example, Farm Sanctuary says it pursues solutions to end animal agriculture and foster vegan living through education and policy advocacy. See mission & focus areas ↑
How do I apply for a grant from Young Future Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Young Future Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Young Future Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/young-future-foundation-morg_76201c6317894ff9a5c79db2817c38c2
BibTeX
@misc{grantable_871701328_2026,
author = {{Grantable}},
title = {{Young Future Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/young-future-foundation-morg_76201c6317894ff9a5c79db2817c38c2},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Young Future Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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