The Young Family Charitable Trust
Preselected recipients only
The Young Family Charitable Trust is a private foundation in Central City, Kentucky. In tax year 2024 it gave $71,100 in 5 grants; the typical grant was $1,000 and the largest $60,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$71,100
- Number of grants5
- Typical grant$1,000
- Largest grant$60,000
- Assets$1.3 million
- New grantees20%
Giving in 2024 was up from $62,100 the year before.
20% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $62,100 | 7 | $1.1 million |
| 2024 | $71,100 | 5 | $1.3 million |
How to apply
The Young Family Charitable 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 The Young Family Charitable Trust funds
Where it gives
Its grants went to recipients in 2 states, the most to Kentucky.
| State | Grants | Amount |
|---|---|---|
| Kentucky | 3 | $69,100 |
| South Carolina | 2 | $2,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Felix E Martin Jr Foundation | To provide funding to support expenses associated with the ignite program | $60,000 |
| Community Foundation of Louisville | Help fund the ignite louisville program | $9,000 |
| Ami Kids Beaufort | Help with young boys 14-18 involved in the juvenile justice system | $1,000 |
| Sheldon Boys and Girls Club | Child care | $1,000 |
| Oneida Baptist Institute | Education and intangible religious benefits | $100 |
Officers and trustees
- Mark Young
- Linda Young
- Mark Ryan Young
- Melanie Spencer Young
Questions people ask
Does The Young Family Charitable Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Young Family Charitable Trust give?
$71,100 in tax year 2024, across 5 grants, with a typical grant of $1,000.
Who runs The Young Family Charitable Trust?
Its 2024 filing lists Mark Young (Trustee), Linda Young (Trustee), Mark Ryan Young (Trustee) and Melanie Spencer Young (Trustee).
What does The Young Family Charitable Trust fund?
Based on its grants, mainly youth programs.