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Beard Young Family Foundation is a private corporation based in HUNTSVILLE, AL. The foundation received its IRS ruling in 2023. The principal officer is Thomas Young. It holds total assets of $3.9M. Annual income is reported at $1.6M. Total assets have grown from $2.3M in 2020 to $3.1M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Alabama. According to available records, Beard Young Family Foundation has made 72 grants totaling $1.3M, with a median grant of $9K. Annual giving has decreased from $475K in 2021 to $283K in 2023. Grantmaking activity was highest in 2022 with $577K distributed across 23 grants. Individual grants have ranged from $500 to $200K, with an average award of $19K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Alabama, Tennessee, West Virginia, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$19K
Largest Grant
$100K
Based on 25 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Beard Young Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in AL, TN, WV.
Beard Young Family Foundation has distributed a total of $1.3M across 72 grants. The median grant size is $9K, with an average of $19K. Individual grants have ranged from $500 to $200K.
Beard Young Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Beard Young Family Foundation is headquartered in HUNTSVILLE, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexander T Young | DIRECTOR | $0 | $0 | N/A |
| Thomas J Young | DIRECTOR | $0 | $0 | N/A |
| David L Young | DIRECTOR | $0 | $0 | N/A |
| Allen Beard Young | DIRECTOR | $0 | $0 | N/A |
Total Giving
$309K
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3.1M
Grants Paid
$283K
Contributions
N/A
Net Investment Income
$99K
Distribution Amount
$158K
Total: $3M
Total Grants
72
Total Giving
$1.3M
Average Grant
$19K
Median Grant
$9K
Unique Recipients
29
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Auburn University FoundationCHARITABLE DONATION | Auburn, AL | $100K | 2023 |
| National Childrens Advocacy Center IncCHARITABLE DONATION | Huntsville, AL | $50K | 2023 |
| Manna HouseCHARITABLE DONATION | Huntsville, AL | $20K | 2023 |
| Huntsville Museum Of ArtCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| Hudson Alpha FoundationCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| Huntsville Symphony OrchestraCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| Lincoln Village MinistryCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| Village Of PromiseCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| St Mary Of The Visitation Catholic ChurchCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| University Of Alabama Huntsville FoundationCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| Church Of The NativityCHARITABLE DONATION | Huntsville, AL | $10K | 2023 |
| Huntsville Library FoundationCHARITABLE DONATION | Huntsville, AL | $5K | 2023 |
| Huntsville Learning CenterCHARITABLE DONATION | Huntsville, AL | $5K | 2023 |
| Wellstone IncCHARITABLE DONATION | Huntsville, AL | $5K | 2023 |
| Boys And Girls Club Of North AlabamaCHARITABLE DONATION | Huntsville, AL | $5K | 2023 |
| Vanderbilt UniversityCHARITABLE DONATION | Nashville, TN | $3K | 2023 |
| Huntsville Hospital FoundationCHARITABLE DONATION | Huntsville, AL | $3K | 2023 |
| Randolph SchoolCHARITABLE DONATION | Huntsville, AL | $3K | 2023 |
| The Valley FoundationCHARITABLE DONATION | Huntsville, AL | $2K | 2023 |
| Vine Pastoral Counseling Center IncCHARITABLE DONATION | Huntsville, AL | $1K | 2023 |
| Mobile Baykeeper IncCHARITABLE DONATION | Mobile, AL | $500 | 2023 |
| Cap And Gown ProjectCHARITABLE DONATION | Huntsville, AL | $500 | 2023 |
| Appalachian Trail ConservancyCHARITABLE DONATION | Harpers Ferry, WV | $500 | 2023 |
| Kids To Love FoundationCHARITABLE DONATION | Madison, AL | $500 | 2023 |
| City Of Orange Beach AlCHARITABLE DONATION | Orange Beach, AL | $200K | 2022 |
| Community Foundation Of Greater HuntsvilleCHARITABLE DONATION | Huntsville, AL | $50K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL