The Leonard Young Memorial Foundation
Preselected recipients only
The Leonard Young Memorial Foundation is a private foundation in Saddle River, New Jersey. In tax year 2025 it gave $5,000 in 1 grant; the typical grant was $5,000 and the largest $5,000. 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$5,000
- Number of grants1
- Typical grant$5,000
- Largest grant$5,000
- Assets$419,630
- New grantees0%
Giving in 2025 was down from $20,000 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 | $20,000 | 1 | $387,391 |
| 2024 | $20,000 | 1 | $395,516 |
| 2025 | $5,000 | 1 | $419,630 |
How to apply
The Leonard Young Memorial Foundation 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 Leonard Young Memorial Foundation funds
Where it gives
All of its grants went to recipients in New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 1 | $5,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Valley Hospital Foundation | Palliative care | $5,000 |
Officers and trustees
- Joan S Young Caruso
- Conrad Caruso
Questions people ask
Does The Leonard Young Memorial Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Leonard Young Memorial Foundation give?
$5,000 in tax year 2025, across 1 grant, with a typical grant of $5,000.
Who runs The Leonard Young Memorial Foundation?
Its 2025 filing lists Joan S Young Caruso (President) and Conrad Caruso (Vice President).
What does The Leonard Young Memorial Foundation fund?
Based on its grants, mainly health.