The Yount Foundation INC
Preselected recipients only
The Yount Foundation INC is a private foundation in Hickory, North Carolina. In tax year 2024 it gave $1.3 million in 29 grants; the typical grant was $20,000 and the largest $275,000. 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$1.3 million
- Number of grants29
- Typical grant$20,000
- Largest grant$275,000
- Assets$272,370
- New grantees38%
Giving in 2024 was down from $1.8 million the year before.
38% 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 | $1.8 million | 35 | $138,345 |
| 2024 | $1.3 million | 29 | $272,370 |
How to apply
The Yount Foundation INC 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 Yount Foundation INC funds
Where it gives
Its grants went to recipients in 11 states, the most to Virginia.
| State | Grants | Amount |
|---|---|---|
| Virginia | 5 | $462,500 |
| North Carolina | 8 | $375,500 |
| Missouri | 1 | $242,500 |
| Texas | 4 | $167,570 |
| California | 3 | $39,405 |
| South Carolina | 2 | $27,000 |
| Florida | 1 | $20,000 |
| Illinois | 2 | $10,800 |
| Tennessee | 1 | $1,500 |
| Louisiana | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Orphan's Promise | Community Support | $275,000 |
| Fellowship of Christian Atheletes | Community Support | $242,500 |
| Cfni | Community Support | $125,000 |
| Pregnancy Care Center | Community Support | $112,500 |
| Salvation Army | Community Support | $100,000 |
| Operation Blessing | Community Support | $95,000 |
| Turning Point | Community Support | $45,000 |
| Superbook | Community Support | $42,500 |
| Greater Hickory Cooperative Christian Ministry | Community Support | $40,000 |
| Helping the Homefront | Community Support | $40,000 |
| Jaime Torres Ministry | Community Support | $34,500 |
| Kenneth Copeland Ministries | Community Support | $30,070 |
| Dufrense Ministries | Community Support | $30,000 |
| Black Mtn Home for Children | Community Support | $25,000 |
| Collier County Fellowship of Christian Athletes | Community Support | $20,000 |
| Safe Harbor | Community Support | $20,000 |
| Samaritans Purse | Community Support | $17,500 |
| CBN | Community Support | $10,000 |
| Eagle Mountain International | Community Support | $10,000 |
| Teach Beyond | Community Support | $10,000 |
| Trinity Broadcasting Network | Community Support | $8,500 |
| The Encouraging Word | Community Support | $7,000 |
| Mercy Ship | Community Support | $2,500 |
| Road Side Ministries | Community Support | $1,500 |
| Cataba County Council on Aging | Community Support | $1,000 |
| Chosen People Ministry | Community Support | $1,000 |
| Jesse Duplantis Ministries | Community Support | $1,000 |
| Dufresne Ministries | Community Support | $905 |
| Reconcile Ministries | Community Support | $800 |
Officers and trustees
- Benny Yount
- Cherrie Yount
- Lisa Yount
- Nick Kincaid
Questions people ask
Does The Yount Foundation INC accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Yount Foundation INC give?
$1.3 million in tax year 2024, across 29 grants, with a typical grant of $20,000.
Who runs The Yount Foundation INC?
Its 2024 filing lists Benny Yount (President), Cherrie Yount (Vice-President), Lisa Yount (Treasurer) and Nick Kincaid (Secretary).
What does The Yount Foundation INC fund?
Based on its grants, mainly faith communities.