Yung Family Foundation The
- Assets
- $5.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Crestview Hills, KY
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-2909333
Organization Overview
Yung Family Foundation The is located in Crestview Hills, KY. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Yung Family Foundation The 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, Yung Family Foundation The generated $3.0m in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2022.
Since 2020, Yung Family Foundation The has awarded 22 individual grants totaling $8,364,320. 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 |
|---|---|---|---|
William J Yung III President, Director | 2.3 | $0 | |
Martha A Yung Secretary, Treasurer, Dire | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $13,377 |
| Dividends & Interest | $32,873 |
| 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 | $3,046,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,005 |
| Total operating and administrative expenses | $1,205 |
| Contributions, gifts, grants paid | $2,292,300 |
| Total expenses and disbursements | $2,293,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,191,367 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,191,367 |
| 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, Yung Family Foundation The has awarded $2,292,300 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR CATHOLIC URBAN EDUCATION ACUE PURPOSE: TO SUPPORT GENERAL MISSION | $100,000 |
MASSACHUSETTS GENERAL HOSPITAL HOME BASE PROGRAM PURPOSE: TO SUPPORT THE GENERAL MISSION OF PROVIDING HEALING OF INVISIBLE WOUNDS FOR VETERANS, SERVICE MEMBERS, AND THEIR FAMILIES THROUGH WORLD-CLASS CLINICAL CARE, WELLNESS, EDUCATION, AND RESEARCH. | $1,000,000 |
ST ELIZABETH HEALTHCARE FOUNDATION - HEART AND VASCULAR INSTITUTE PURPOSE: TO SUPPORT THE HEART AND VASCULAR INSTITUTE AND MAKING A POSITIVE IMPACT ON THE HEART HEALTH OF THE COMMUNITY. | $1,000,000 |
THE CHRIST HOSPITAL FOUNDATION PURPOSE: IN SUPPORT OF THE COMPREHENSIVE BREAST CENTER ALLOWING PATIENTS TO ACCESS THE VERY BEST TREATMENT AND CARE NEEDED TO PREVENT, TREAT, AND SURVIVE CANCER. | $100,000 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: TO SUPPORT THE MISSION OF HONORING THE SACRIFICE OF FIREFIGHTER STEPHEN SILLER, AS WELL AS MILITARY AND OTHER FIRST RESPONDERS. | $1,000 |
CASA OF THE NORTHERN BLUEGRASS REGION PURPOSE: TO SUPPORT GENERAL MISSION OF PROVIDING COURT- APPOINTED VOLUNTEER ADVOCACY, ENSURING EVERY ABUSED AND NEGLECTED CHILD CAN BE SAFE, ESTABLISH PERMANENCE, AND HAS THE OPPORTUNITY TO THRIVE. | $5,000 |