Harvey L Young Family Foundation Inc is located in Gladwyne, PA. The organization was established in 1990. 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. Harvey L 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.
Since 2016, Harvey L Young Family Foundation Inc has awarded 89 individual grants totaling $237,783. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HARVEY L. YOUNG FAMILY FOUNDATION PROVIDES GRANTS AND CONTRIBUTIONS TO TAX EXEMPT ORGANIZATIONS WITH A FOCUS ON EDUCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Young President | 7 | $0 | |
Clara Young Secretary | 1.5 | $0 | |
Michael Young Vice Preside | 1.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $281 |
| Dividends & Interest | $19,749 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $648 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $191 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $468 |
| Total operating and administrative expenses | $659 |
| Contributions, gifts, grants paid | $19,800 |
| Total expenses and disbursements | $20,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,438 |
| Savings and temporary cash investments | $0 |
| 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 | $301,822 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $432,270 |
| 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 |
Over the last fiscal year, Harvey L Young Family Foundation Inc has awarded $19,800 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
STOP CHILDREN'S CANCER PURPOSE: CHARITABLE SUPPORT | $200 |
CORNERSTONE SCHOOLS INC PURPOSE: CHARITABLE SUPPORT | $500 |
SCHWAB CHARITABLE PURPOSE: CHARITABLE SUPPORT | $18,000 |
UNIVERSITY OF MIAMI PURPOSE: CHARITABLE SUPPORT | $500 |
HUMANE SOCIETY OF THE US PURPOSE: CHARITABLE SUPPORT | $100 |
UNIVERSITY OF SOUTH FLORIDA PURPOSE: CHARITABLE SUPPORT | $500 |