Ralph W Young Family Foundation
- Assets
- $6.2m
- Revenue
- $662.1k
- Investments
- $6.0m
- Employees
- 0
- Location
- Belleair Beach, FL
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 30-6009141
Organization Overview
Ralph W Young Family Foundation is located in Belleair Beach, FL. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ralph W Young Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ralph W Young Family Foundation generated $662.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $630.0k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ralph W Young Family Foundation has awarded 131 individual grants totaling $4,722,279. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Lee Blackwood Trustee & Mg | 0 | $0 | |
Eileen E Woodside Trustee And | 20 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $131 |
| Dividends & Interest | $341,739 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $320,211 |
| Capital Gain Net Income | $320,211 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $662,081 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,998 |
| Total operating and administrative expenses | $123,950 |
| Contributions, gifts, grants paid | $506,000 |
| Total expenses and disbursements | $629,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $189,229 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,177,706 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ralph W Young Family Foundation has awarded $506,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PENNSYLVANIA STATE UNIV PURPOSE: STUDENT SCHOLARSHIPS | $24,000 |
INDIANA UNIV OF PA PURPOSE: STUDENT SCHOLARSHIPS | $4,000 |
SLIPPERY ROCK UNIV OF PA PURPOSE: STUDENT SCHOLARSHIPS | $8,000 |
UNIVERSITY OF PITTSBURGH PURPOSE: STUDENT SCHOLARSHIPS | $16,000 |
NATL COUNCIL NEGRO WOMEN PURPOSE: STUDENT SCHOLARSHIPS | $200,000 |
COMMUNITY COLLEGE OF ALLEGHANY PURPOSE: STUDENT SCHOLARSHIPS | $2,000 |