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Young Family Charitable Trust is a private trust based in CENTRAL CITY, KY. The foundation received its IRS ruling in 2021. It holds total assets of $1.1M. Annual income is reported at $234K. Total assets have grown from $672K in 2020 to $1.1M in 2024. The foundation is governed by 4 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 2024. According to available records, Young Family Charitable Trust has made 15 grants totaling $187K, with a median grant of $1K. Annual giving has decreased from $124K in 2022 to $62K in 2023. Individual grants have ranged from $100 to $60K, with an average award of $12K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Kentucky and South Carolina. 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.
Young Family Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in KY, SC.
Young Family Charitable Trust has distributed a total of $187K across 15 grants. The median grant size is $1K, with an average of $12K. Individual grants have ranged from $100 to $60K.
Young Family Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Young Family Charitable Trust is headquartered in CENTRAL CITY, KY. While based in KY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda Young | TRUSTEE | $0 | $0 | N/A |
| Melanie Spencer Young | TRUSTEE | $0 | $0 | N/A |
| Mark Ryan Young | TRUSTEE | $0 | $0 | N/A |
| Mark Young | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.1M
Fair Market Value
N/A
Net Worth
$1.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$187K
Average Grant
$12K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchTO PROVIDE FUNDING FOR BUILDING AND GROUNDS REPAIRS AND MAINTENANCE | Central City, KY | $13K | 2023 |
| Felix E Martin Jr FoundationTO PROVIDE FUNDING TO SUPPORT EXPENSES ASSOCIATED WITH THE IGNITE PROGRAM | Louisville, KY | $44K | 2023 |
| Community Foundation Of LouisvilleHELP FUND THE IGNITE LOUISVILLE PROGRAM | Louisville, KY | $3K | 2023 |
| City Of Central CityHELP WITH FUNDS FOR NEW PARK | Central City, KY | $1K | 2023 |
| Sheldon Boys And Girls ClubCHILD CARE | Sheldon, SC | $1K | 2023 |
| Ami Kids BeaufortHELP WITH YOUNG BOYS 14-18 INVOLVED IN THE JUVENILE JUSTICE SYSTEM | Seabrook, SC | $800 | 2023 |
| Pathway Of HopeHELP WITH PREGNANCY CARE ISSUES | Greenville, KY | $100 | 2023 |
| Oneida Baptist InstituteEDUCATION AND INTANGIBLE RELIGIOUS BENEFITS | Oneida, KY | $100 | 2022 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY