Youngbaum Foundation Inc

COCOA, FL EIN: 27-0463898

Youngbaum Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in COCOA, FL. IRS filing data is available for 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 5 grants totaling $123K. Net investment income was $890K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.2M

Annual Giving

$123K

Grant Count

Avg Grant Size

$25K

Under IRS private-foundation payout rules, Youngbaum Foundation Inc reported a distributable amount of $253K for 2024 — the minimum it must pay out in qualifying distributions.

About Youngbaum Foundation Inc

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $123K (100%)

States

Florida

Cities

MelbourneRockledgeWest Melbourne

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024
Total Assets	$5,239,363
Revenue	$5,419,041
Expenses	$196,055
Qualifying Distributions	$158,763
Net Investment Income	$890,422
Distributable Amount	$252,673

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Brevard Achievement Center Inc ($25,000), Brevard Cultural Alliance ($25,000), Brevard Neighborhood Development Coalition Inc ($25,000).

Recipient	Purpose	Amount
Brevard Achievement Center Inc Rockledge, FL	Arts programs	$25,000
Brevard Cultural Alliance Melbourne, FL	Arts programs	$25,000
Brevard Neighborhood Development Coalition Inc Melbourne, FL	Arts programs	$25,000
East Coast Zoological Society of Florida Inc Melbourne, FL	Arts programs	$23,000
Promise in Brevard West Melbourne, FL	Arts programs	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Jennifer Kirschenbaum-Park	President	20	$33,336
Josh Kirschenbaum	Vice President	10	—
Malcolm Kirschenbaum	Secretary/Treasurer	10	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is Youngbaum Foundation Inc?

Youngbaum Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in COCOA, FL. It holds $5.2M in total assets as of 2024.

How large is Youngbaum Foundation Inc?

As of 2024, Youngbaum Foundation Inc holds $5.2M in total assets with $5.4M in annual revenue. It awarded 5 grants totaling $123K in 2024.

Where does Youngbaum Foundation Inc operate?

Youngbaum Foundation Inc has awarded grants in Florida.

What size grants does Youngbaum Foundation Inc award?

In 2024, Youngbaum Foundation Inc awarded 5 grants totaling $123K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Youngbaum Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Youngbaum Foundation Inc reported a distributable amount of $253K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.