Elva Virginia Young Foundation A Charitable Tr
- Assets
- $6.4m
- Revenue
- $278.0k
- Investments
- $6.3m
- Employees
- 0
- Location
- Seminole, FL
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 37-6431805
Organization Overview
Elva Virginia Young Foundation A Charitable Tr is located in Seminole, FL. The organization was established in 2009. 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. Elva Virginia Young Foundation A Charitable Tr 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, Elva Virginia Young Foundation A Charitable Tr generated $278.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $421.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Elva Virginia Young Foundation A Charitable Tr has awarded 47 individual grants totaling $1,651,833. 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 |
|---|---|---|---|
Dwight C Brown Jr Trustee | 3 | $0 | |
Kerry Gorny Board Of Adv | 1 | $0 | |
David C Brown Board Of Adv | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50,349 |
| Dividends & Interest | $101,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,175 |
| Capital Gain Net Income | $1,749 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $277,950 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,060 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,516 |
| Total operating and administrative expenses | $50,076 |
| Contributions, gifts, grants paid | $370,987 |
| Total expenses and disbursements | $421,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,755 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,349,152 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,353,907 |
| 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 | $515,720 |
| Total liabilities | $515,720 |
Grants Awarded
Over the last fiscal year, Elva Virginia Young Foundation A Charitable Tr has awarded $370,987 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL COOP MINISTRIES PURPOSE: CHRISTIANITY | $58,150 |
CROSS TO CROWN MINISTRIES PURPOSE: CHRISTIANITY | $30,000 |
JERSEY BAPTIST CHURCH PURPOSE: CHRISTIANITY | $22,000 |
MISSION INDIA PURPOSE: CHRISTIANITY | $50,400 |
NAVIGATORS PURPOSE: CHRISTIANITY | $50,000 |
TEACHING MINISTRIES INTERNATIONAL PURPOSE: CHRISTIANITY | $45,000 |