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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. Total assets have decreased from $717K in 2011 to $272K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in North Carolina and Virginia. 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.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$43K
Largest Grant
$270K
Based on 43 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.
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 | N/A |
| Cherrie Yount | VICE-PRESIDENT | $0 | $0 | N/A |
| Lisa Yount | TREASURER | $0 | $0 | N/A |
| Nick Kincaid | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$272K
Fair Market Value
N/A
Net Worth
$273K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| 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 |
| Faith Comes By HearingCOMMUNITY SUPPORT | Albuquerque, NM | $15K | 2022 |
| Regent UniversityCOMMUNITY SUPPORT | Virginia Beach, VA | $15K | 2022 |
| Sipes Orchard HomeCOMMUNITY SUPPORT | Conover, NC | $13K | 2022 |
| Teach BeyondCOMMUNITY SUPPORT | Downers Grove, IL | $10K | 2022 |
| Blessed Colony Of MercyCOMMUNITY SUPPORT | Lenoir, NC | $10K | 2022 |
| First Baptist Church - HickoryCOMMUNITY SUPPORT | Hickory, NC | $10K | 2022 |
| Jaime Torres MinistryCOMMUNITY SUPPORT | Morganton, NC | $10K | 2022 |
| Mercy ShipsCOMMUNITY SUPPORT | Garden Valley, TX | $10K | 2022 |
| YmcaCOMMUNITY SUPPORT | Asheville, NC | $10K | 2022 |
| Cakeable Charlotte - Children'SCOMMUNITY SUPPORT | Charlotte, NC | $8K | 2022 |
| North Carolina Boys AcademyCOMMUNITY SUPPORT | Conover, NC | $5K | 2022 |
| Crossnore School And Children'S HomeCOMMUNITY SUPPORT | Crossnore, NC | $5K | 2022 |
| Voice Of The MartyrsCOMMUNITY SUPPORT | Bartlesville, OK | $5K | 2022 |
| Least Of These CarolinasCOMMUNITY SUPPORT | Gastonia, NC | $3K | 2022 |
| Young Life MinistryCOMMUNITY SUPPORT | Asheville, NC | $3K | 2022 |
| Church Of God Children'S HomeCOMMUNITY SUPPORT | Concord, NC | $3K | 2022 |
| Hope To The HillCOMMUNITY SUPPORT | Washington, DC | $3K | 2022 |
| Salt Block FoundationCOMMUNITY SUPPORT | Hickory, NC | $1K | 2022 |
| Wig Bank Of Caldwell CountyCOMMUNITY SUPPORT | Lenoir, NC | $1K | 2022 |
| Hospitality House HickoryCOMMUNITY SUPPORT | Hickory, NC | $1K | 2022 |
| Uchs-University Christian High SchoolCOMMUNITY SUPPORT | Hickory, NC | $1K | 2022 |
| American Heart AssociationCOMMUNITY SUPPORT | Dallas, TX | $1K | 2022 |