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Also known as: PUBLIC LIBRARY C/O WILLIAM T YOUNG JR
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Lucy M Young Trust Fbo Public Library Blakely Georgia is a private association based in LEXINGTON, KY. The foundation received its IRS ruling in 1988. It holds total assets of $2.8M. Annual income is reported at $2.7M. Total assets have decreased from $1.2M in 2014 to $494K in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Lucy M Young Trust Fbo Public Library Blakely Georgia has made 8 grants totaling $1.4M, with a median grant of $148K. Annual giving has grown from $296K in 2021 to $403K in 2024. Grantmaking activity was highest in 2023 with $726K distributed across 4 grants. Individual grants have ranged from $40K to $363K, with an average award of $178K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Kentucky and Georgia. 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.
Lucy M Young Trust Fbo Public Library Blakely Georgia is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KY, GA.
Lucy M Young Trust Fbo Public Library Blakely Georgia has distributed a total of $1.4M across 8 grants. The median grant size is $148K, with an average of $178K. Individual grants have ranged from $40K to $363K.
Lucy M Young Trust Fbo Public Library Blakely Georgia typically selects its grantees rather than accepting unsolicited proposals.
Lucy M Young Trust Fbo Public Library Blakely Georgia is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher Young | TRUSTEE | $0 | $0 | N/A |
| Hilton Houston | TRUSTEE | $0 | $0 | N/A |
| Michael Bynum | TRUSTEE | $0 | $0 | N/A |
| June Merritt | TRUSTEE | $0 | $0 | N/A |
| Barbara Young | TRUSTEE | $0 | $0 | N/A |
Total Giving
$406K
Total Assets
$494K
Fair Market Value
$5.9M
Net Worth
$494K
Grants Paid
$403K
Contributions
N/A
Net Investment Income
$86K
Distribution Amount
$327K
Total Grants
8
Total Giving
$1.4M
Average Grant
$178K
Median Grant
$148K
Unique Recipients
2
Most Common Grant
$40K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| William T Young Foundation IncGRANT UNDER IRC 4942(G)(3) | Lexington, KY | $363K | 2024 |
| Lucy Hilton Maddox Memorial LibraryFUNDING OF LIBRARY BOOK COLLECTION | Blakely, GA | $40K | 2024 |