Yount Foundation Inc. is a private corporation based in HICKORY, NC. The foundation received its IRS ruling in 2006. The principal officer is % Benny L Yount. It holds total assets of $272K. Annual income is reported at $1.5M. The foundation operates in the area of education. According to available records, Yount Foundation Inc. has made 84 grants totaling $3.9M, with a median grant of $10K. The foundation has distributed between $1.9M and $2M annually from 2021 to 2022. Individual grants have ranged from $500 to $285K, with an average award of $46K. The foundation has supported 59 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Missouri, which account for 73% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Yount Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 84 grants. Its grantmaking reaches organizations primarily in NC, VA, MO.
Yount Foundation Inc. has distributed a total of $3.9M across 84 grants. The median grant size is $10K, with an average of $46K. Individual grants have ranged from $500 to $285K.
Yount Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Yount Foundation Inc. is headquartered in HICKORY, NC. While based in NC, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benny Yount | PRESIDENT | $0 | $0 | $0 |
| Cherrie Yount | VICE-PRESIDENT | $0 | $0 | $0 |
| Lisa Yount | TREASURER | $0 | $0 | $0 |
| Nick Kincaid | SECRETARY | $0 | $0 | $0 |
Total Giving
$1.8M
Total Assets
$138K
Fair Market Value
$138K
Net Worth
$137K
Grants Paid
$1.8M
Contributions
$1.9M
Net Investment Income
$0
Distribution Amount
$3K
Total Grants
84
Total Giving
$3.9M
Average Grant
$46K
Median Grant
$10K
Unique Recipients
59
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCOMMUNITY SUPPORT | Asheville, NC | $275K | 2022 |
| Turning PointCOMMUNITY SUPPORT | Skyland, NC | $100K | 2022 |
| Christian Broadcasting NetworkCOMMUNITY SUPPORT | Virginia Beach, VA | $80K | 2022 |
| Safe HarborCOMMUNITY SUPPORT | Greenville, SC | $75K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| YmcaCOMMUNITY SUPPORT | Asheville, NC | $10K | 2022 |
| Dayspring ChurchCOMMUNITY SUPPORT | China Grove, NC | $10K | 2022 |
| Orphan'S PromiseCOMMUNITY SUPPORT | Virginia Beach, VA | $285K | 2022 |
| Samaritans PurseCOMMUNITY SUPPORT | Boone, NC | $190K | 2022 |
| Operation BlessingCOMMUNITY SUPPORT | Virginia Beach, VA | $180K | 2022 |
| Fellowship Of Christian AtheletesCOMMUNITY SUPPORT | Kansas City, MO | $163K | 2022 |
| Helping The HomefrontCOMMUNITY SUPPORT | Virginia Beach, VA | $120K | 2022 |
| Black Mtn Home For ChildrenCOMMUNITY SUPPORT | Black Mountain, NC | $120K | 2022 |
| Kcm Eagle Mtn IntlCOMMUNITY SUPPORT | Newark, TX | $63K | 2022 |
| Pregnancy Care CenterCOMMUNITY SUPPORT | Bryson City, NC | $45K | 2022 |
| Family Care CenterCOMMUNITY SUPPORT | Hickory, NC | $40K | 2022 |
| Christ For All NationsCOMMUNITY SUPPORT | Orlando, FL | $40K | 2022 |
| Billy Graham AssocCOMMUNITY SUPPORT | Charlotte, NC | $30K | 2022 |
| Trinity Broadcasting NetworkCOMMUNITY SUPPORT | Santa Ana, CA | $28K | 2022 |
| Cooperative Christian MinistryCOMMUNITY SUPPORT | Concord, NC | $25K | 2022 |
| Teen ChallengeCOMMUNITY SUPPORT | Greensboro, NC | $20K | 2022 |
| Regent UniversityCOMMUNITY SUPPORT | Virginia Beach, VA | $15K | 2022 |
| Faith Comes By HearingCOMMUNITY SUPPORT | Albuquerque, NM | $15K | 2022 |
| Sipes Orchard HomeCOMMUNITY SUPPORT | Conover, NC | $13K | 2022 |
| Teach BeyondCOMMUNITY SUPPORT | Downers Grove, IL | $10K | 2022 |
| Mercy ShipsCOMMUNITY SUPPORT | Garden Valley, TX | $10K | 2022 |
| Jaime Torres MinistryCOMMUNITY SUPPORT | Morganton, NC | $10K | 2022 |
| First Baptist Church - HickoryCOMMUNITY SUPPORT | Hickory, NC | $10K | 2022 |
| Blessed Colony Of MercyCOMMUNITY SUPPORT | Lenoir, NC | $10K | 2022 |
| Cakeable Charlotte - Children'SCOMMUNITY SUPPORT | Charlotte, NC | $8K | 2022 |
| Crossnore School And Children'S HomeCOMMUNITY SUPPORT | Crossnore, NC | $5K | 2022 |
| North Carolina Boys AcademyCOMMUNITY SUPPORT | Conover, NC | $5K | 2022 |
| Voice Of The MartyrsCOMMUNITY SUPPORT | Bartlesville, OK | $5K | 2022 |
| Young Life MinistryCOMMUNITY SUPPORT | Asheville, NC | $3K | 2022 |
| Church Of God Children'S HomeCOMMUNITY SUPPORT | Concord, NC | $3K | 2022 |
| Least Of These CarolinasCOMMUNITY SUPPORT | Gastonia, NC | $3K | 2022 |
| Hope To The HillCOMMUNITY SUPPORT | Washington, DC | $3K | 2022 |
| Uchs-University Christian High SchoolCOMMUNITY SUPPORT | Hickory, NC | $1K | 2022 |
| Salt Block FoundationCOMMUNITY SUPPORT | Hickory, NC | $1K | 2022 |
| Hospitality House HickoryCOMMUNITY SUPPORT | Hickory, NC | $1K | 2022 |
| American Heart AssociationCOMMUNITY SUPPORT | Dallas, TX | $1K | 2022 |
| Wig Bank Of Caldwell CountyCOMMUNITY SUPPORT | Lenoir, NC | $1K | 2022 |
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