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Leonard Young Memorial Foundation Inc. is a private corporation based in SADDLE RIVER, NJ. The foundation received its IRS ruling in 1990. The principal officer is Bruinooge & Associates. It holds total assets of $139K. Annual income is reported at $74K. Total assets have decreased from $256K in 2011 to $144K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Leonard Young Memorial Foundation Inc. has made 2 grants totaling $40K, with a median grant of $20K. The foundation has distributed between $20K and $20K annually from 2022 to 2023. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
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.
Leonard Young Memorial Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NJ.
Leonard Young Memorial Foundation Inc. has distributed a total of $40K across 2 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $20K to $20K.
Leonard Young Memorial Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Leonard Young Memorial Foundation Inc. is headquartered in SADDLE RIVER, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joan S Young Caruso | President | $0 | $0 | N/A |
| Conrad Caruso | Vice President | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$144K
Fair Market Value
$387K
Net Worth
$144K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$19K
Total Grants
2
Total Giving
$40K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
1
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Valley Hospital FoundationPALLIATIVE CARE | Ridgewood, NJ | $20K | 2023 |