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Rs Young Foundation Inc. is a private corporation based in FLINT, MI. The foundation received its IRS ruling in 2022. The principal officer is Mary Young. It holds total assets of $870K. Annual income is reported at $43K. Total assets have grown from $89K in 2020 to $848K in 2023. The foundation is governed by 3 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. According to available records, Rs Young Foundation Inc. has made 12 grants totaling $160K, with a median grant of $10K. Annual giving has decreased from $80K in 2020 to $55K in 2022. Individual grants have ranged from $5K to $25K, with an average award of $13K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Michigan. 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.
Rs Young Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MI.
Rs Young Foundation Inc. has distributed a total of $160K across 12 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $5K to $25K.
Rs Young Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rs Young Foundation Inc. is headquartered in FLINT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Young | PRESIDENT | $0 | $0 | N/A |
| Stephanie Young Mitchell | SECRETARY | $0 | $0 | N/A |
| Kristina Young Josselyn | TREASURER | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$848K
Fair Market Value
$848K
Net Worth
$848K
Grants Paid
$15K
Contributions
$300K
Net Investment Income
$2K
Distribution Amount
$29K
Total Grants
12
Total Giving
$160K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Camp Quality UsaSUPPORT OF CHARITY | Boyne City, MI | $25K | 2022 |
| Old Newsboys Of FlintSUPPORT OF CHARITY | Flint, MI | $20K | 2022 |
| Carriage Town MinistriesSUPPORT OF CHARITY | Flint, MI | $5K | 2022 |
| Prism ProjectSUPPORT OF CHARITY | Linden, MI | $5K | 2022 |
| Fenton Center Of HopeSUPPORT OF CHARITY | Fenton, MI | $10K | 2020 |