Lulu Rae Young Residual Trust
Preselected recipients only
Lulu Rae Young Residual Trust is a private foundation in South Bend, Indiana. In tax year 2025 it gave $26,217 in 2 grants; the typical grant was $13,108 and the largest $26,067. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$26,217
- Number of grants2
- Typical grant$13,108
- Largest grant$26,067
- Assets$599,382
- New grantees0%
Giving in 2025 was up from $24,663 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $26,440 | 2 | $522,463 |
| 2024 | $24,663 | 2 | $559,866 |
| 2025 | $26,217 | 2 | $599,382 |
How to apply
Lulu Rae Young Residual Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Lulu Rae Young Residual Trust funds
Where it gives
All of its grants went to recipients in Indiana.
| State | Grants | Amount |
|---|---|---|
| Indiana | 2 | $26,217 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Manchester University Cindy Seitz | Scholarships | $26,067 |
| First United Methodist Church | General support | $150 |
Officers and trustees
- 1st Source Bank
Questions people ask
Does Lulu Rae Young Residual Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Lulu Rae Young Residual Trust give?
$26,217 in tax year 2025, across 2 grants, with a typical grant of $13,108.
Who runs Lulu Rae Young Residual Trust?
Its 2025 filing lists 1st Source Bank (Trustee).
What does Lulu Rae Young Residual Trust fund?
Based on its grants, mainly education and faith communities.