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John B & Brownie Young Memorial Fund

Accepts applications Owensboro, Kentucky · EIN 616025137

John B & Brownie Young Memorial Fund is a private foundation in Owensboro, Kentucky. In tax year 2025 it gave $894,318 in 392 grants; the typical grant was $500 and the largest $27,036. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was up from $655,340 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 yearGrants paidNumber of grantsAssets
2023$1.0 million750$17.4 million
2024$655,340398$19.8 million
2025$894,318392$21.8 million

How to apply

ContactIndependence Bank
PO Box 948, Owensboro, KY 42302-0948
Phone or email(270) 689-9861
What to submitCompleted application along with transcript of grades.
DeadlinesAcademic school year.
RestrictionsUnmarried students in the top one-third of graduating classes of public and catholic high schools in the owensboro, daviess county and mclean county, Kentucky school districts.

As written in the foundation's IRS filing for tax year 2025. Details may have changed since.

Foundation website IRS filings on ProPublica

What John B & Brownie Young Memorial Fund funds

Where it gives

Its grants went to recipients in 16 states, the most to Kentucky.

StateGrantsAmount
Kentucky332$677,412
Indiana35$101,273
Tennessee3$38,727
Ohio5$23,573
Alabama3$18,209
California1$9,538
Illinois1$8,507
Iowa2$6,903
Texas2$6,426
Florida2$1,000

Grants paid in 2025

The 40 largest of 392 grants
RecipientPurposeAmount
Individual
TN
Scholarship$27,036
Individual
KY
Scholarship$17,159
Individual
KY
Scholarship$15,933
Individual
KY
Scholarship$13,301
Individual
KY
Scholarship$12,740
Individual
KY
Scholarship$12,477
Individual
KY
Scholarship$12,264
Individual
KY
Scholarship$12,203
Individual
KY
Scholarship$12,016
Individual
IN
Scholarship$12,004
Individual
IN
Scholarship$11,831
Individual
KY
Scholarship$11,772
Individual
IN
Scholarship$11,703
Individual
KY
Scholarship$11,666
Individual
KY
Scholarship$11,534
Individual
KY
Scholarship$11,249
Individual
TN
Scholarship$11,191
Individual
OH
Scholarship$11,123
Individual
OH
Scholarship$10,950
Individual
KY
Scholarship$10,491
Individual
KY
Scholarship$10,377
Individual
KY
Scholarship$10,358
Individual
KY
Scholarship$10,158
Individual
CA
Scholarship$9,538
Individual
AL
Scholarship$9,293
Individual
IN
Scholarship$9,282
Individual
KY
Scholarship$8,846
Individual
KY
Scholarship$8,843
Individual
IN
Scholarship$8,701
Individual
IN
Scholarship$8,653
Individual
IN
Scholarship$8,594
Individual
IL
Scholarship$8,507
Individual
AL
Scholarship$8,416
Individual
KY
Scholarship$8,388
Individual
KY
Scholarship$8,118
Individual
KY
Scholarship$7,914
Individual
KY
Scholarship$7,527
Individual
KY
Scholarship$7,298
Individual
KY
Scholarship$7,222
Individual
KY
Scholarship$7,193

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does John B & Brownie Young Memorial Fund accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Academic school year..

How much does John B & Brownie Young Memorial Fund give?

$894,318 in tax year 2025, across 392 grants, with a typical grant of $500.

Who runs John B & Brownie Young Memorial Fund?

Its 2025 filing lists Independence Bank (Trustee), Daviess Co Board of Education (Committee Member), McLean County Board of Education (Committee Member) and Owensboro Board of Education (Committee Member) among 5 officers and trustees.

What does John B & Brownie Young Memorial Fund fund?

Based on its grants, mainly education.

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