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W T Young Family Foundation Inc. is a private corporation based in LEXINGTON, KY. The foundation received its IRS ruling in 1982. The principal officer is Doug Dean. It holds total assets of $4M. Annual income is reported at $2.1M. Total assets have grown from $2.5M in 2011 to $3.4M in 2023. The foundation is governed by 6 officers and trustees. 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 Kentucky. According to available records, W T Young Family Foundation Inc. has made 70 grants totaling $3.1M, with a median grant of $25K. Annual giving has grown from $546K in 2020 to $694K in 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 26 grants. Individual grants have ranged from $3K to $250K, with an average award of $44K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in Kentucky, North Carolina, California, which account for 70% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$25K
Average Grant
$50K
Largest Grant
$225K
Based on 13 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.
W T Young Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in KY, NC, CA.
W T Young Family Foundation Inc. has distributed a total of $3.1M across 70 grants. The median grant size is $25K, with an average of $44K. Individual grants have ranged from $3K to $250K.
W T Young Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
W T Young Family Foundation Inc. is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William T Young Jr | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Christopher H Young | DIRECTOR | $0 | $0 | N/A |
| John H Lovern | SECRETARY/TREASURER & DIRE | $0 | $0 | N/A |
| Lucy Y Hamilton | DIRECTOR | $0 | $0 | N/A |
| Meade Y Fogel | DIRECTOR | $0 | $0 | N/A |
| Douglas Dean | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
Total Giving
$700K
Total Assets
$3.4M
Fair Market Value
$7.9M
Net Worth
$3.4M
Grants Paid
$694K
Contributions
$323K
Net Investment Income
$223K
Distribution Amount
$392K
Total Grants
70
Total Giving
$3.1M
Average Grant
$44K
Median Grant
$25K
Unique Recipients
28
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaSUBSIDY | Charlottesville, VA | $40K | 2023 |
| University Of Kentucky ArboretumSUBSIDY | Lexington, KY | $250K | 2023 |
| Duke UniversitySUBSIDY | Durham, NC | $100K | 2023 |
| Town Branch ParkSUBSIDY | Lexington, KY | $55K | 2023 |
| Garden Club Of LexingtonSUBSIDY | Lexington, KY | $50K | 2023 |
| Greens Farms Academy IncSUBSIDY | Westport, CT | $50K | 2023 |
| Fine Arts Museums Of San FranciscoSUBSIDY | San Francisco, CA | $35K | 2023 |
| Uniting VoicesSUBSIDY | Chicago, IL | $25K | 2023 |
| Henry Clay CenterSUBSIDY | Lexington, KY | $25K | 2023 |
| Grayson-Jockey Club Research FoundationSUBSIDY | Lexington, KY | $20K | 2023 |
| The Nest Center For Women Children And Families IncSUBSIDY | Lexington, KY | $10K | 2023 |
| Sacred Heart UniversitySUBSIDY | Fairfield, CT | $10K | 2023 |
| Vanderbilt University Medical CenterSUBSIDY | Nashville, TN | $8K | 2023 |
| Common Good Institute IncSUBSIDY | New York, NY | $8K | 2023 |
| The American Agora Foundation IncSUBSIDY | New York, NY | $5K | 2023 |
| Entitlements HowSUBSIDY | Lexington, KY | $3K | 2023 |
| Transylvania UniversitySUBSIDY | Lexington, KY | $225K | 2022 |
| The Lexington SchoolSUBSIDY | Lexington, KY | $25K | 2022 |
| University Of Kentucky Markey Cancer FoundationSUBSIDY | Lexington, KY | $25K | 2022 |
| Horizons At Sacred Heart UniversitySUBSIDY | Fairfield, CT | $10K | 2022 |
| Kentucky Thoroughbred Association Inc Locust Trace Grant ProjectSUBSIDY | Lexington, KY | $5K | 2022 |
| The Henry Clay Center For StatesmanshipSUBSIDY | Lexington, KY | $25K | 2021 |