//
Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
The Jim & Betty Young Family Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2007. The principal officer is Betty H Young. It holds total assets of $460K. Annual income is reported at $154K. Total assets have decreased from $738K in 2011 to $455K in 2023. The foundation is governed by 7 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 2016 to 2023. Grantmaking is concentrated in South Carolina. According to available records, The Jim & Betty Young Family Foundation has made 13 grants totaling $87K, with a median grant of $5K. Annual giving has decreased from $49K in 2021 to $38K in 2022. Individual grants have ranged from $2K to $14K, with an average award of $7K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in South Carolina and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$10K
Based on 4 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.
The Jim & Betty Young Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in SC, NC.
The Jim & Betty Young Family Foundation has distributed a total of $87K across 13 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $2K to $14K.
The Jim & Betty Young Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Jim & Betty Young Family Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James R Young | DIRECTOR | $2K | $0 | $2K |
| Betty H Young | PRESIDENT | $2K | $0 | $2K |
| Barbara E Young | SECRETARY | $2K | $0 | $2K |
| J Henry Young Jr | TREASURER | $2K | $0 | $2K |
| Patricia L Young | DIRECTOR | $2K | $0 | $2K |
| Louis G Young | DIRECTOR | $2K | $0 | $2K |
| Carol Y Gallagher | COMMUNITY LI | $2K | $0 | $2K |
Total Giving
$53K
Total Assets
$455K
Fair Market Value
$474K
Net Worth
$454K
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$22K
Total: $444K
Total Grants
13
Total Giving
$87K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lot ProjectOPERATIONS | Anderson, SC | $3K | 2022 |
| Anderson Interfaith MinistriesOPERATIONS | Anderson, SC | $10K | 2022 |
| Meals On WheelsOPERATIONS | Anderson, SC | $5K | 2022 |
| Anderson Free ClinicOPERATIONS | Anderson, SC | $2K | 2022 |
| Least Of These CarolinasOPERATIONS | Gastonia, NC | $14K | 2021 |
| Anderson Arts CenterOPERATIONS | Anderson, SC | $5K | 2021 |