W T Young Family Foundation Inc

Organization Overview

W T Young Family Foundation Inc is located in Lexington, KY. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. W T Young Family Foundation Inc 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, W T Young Family Foundation Inc generated $468.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $663.0k during the year ending 12/2022. While expenses have increased by 16.1% per year over the past 5 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 2020, W T Young Family Foundation Inc has awarded 55 individual grants totaling $2,253,416. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $304,512
Interest on Savings $8,266
Dividends & Interest $155,408
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $468,186

Grants Awarded

Over the last fiscal year, W T Young Family Foundation Inc has awarded $655,776 in support to 13 organizations.

Grant RecipientAmount

TRANSYLVANIA UNIVERSITY

Org PageRecipient Profile

Lexington, KY

PURPOSE: SUBSIDY

$225,276

Lexington, KY

PURPOSE: SUBSIDY

$180,000

DUKE UNIVERSITY

PURPOSE: SUBSIDY

$50,000

GRAYSON-JOCKEY CLUB RESEARCH FOUNDATION

PURPOSE: SUBSIDY

$50,000

FINE ARTS MUSEUMS OF SAN FRANCISCO

PURPOSE: SUBSIDY

$30,000

THE LEXINGTON SCHOOL

Org PageRecipient Profile

Lexington, KY

PURPOSE: SUBSIDY

$25,000
View Grant Profile

Peer Organizations

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