Andrew B Young Foundation
- Assets
- $1.7m
- Revenue
- $183.2k
- Investments
- $1.6m
- Employees
- 0
- Location
- Malvern, PA
- Founding
- 04/2006
- Data as of
- 12/2022
- EIN
- 20-2768329
Organization Overview
Andrew B Young Foundation is located in Malvern, PA. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andrew B Young Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Andrew B Young Foundation generated $183.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $194.1k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Andrew B Young Foundation has awarded 92 individual grants totaling $487,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherley Young President/di | 2 | $0 | |
Kate Hollos Vice Pres/di | 2 | $0 | |
Ann Bevan Hollos Secr/treas/d | 2 | $0 | |
Edwin R Boynton Director | 2 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,114 |
| Dividends & Interest | $46,077 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,050 |
| Capital Gain Net Income | $127,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $183,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,329 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $38,146 |
| Contributions, gifts, grants paid | $156,000 |
| Total expenses and disbursements | $194,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $96,643 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $50,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,673,658 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Andrew B Young Foundation has awarded $156,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BIG SISTER ORGANIZATION OF GREATER PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $3,000 |
NEWTON FREE LIBRARY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $1,000 |
CHARLES RIVER CONSERVANCY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $2,500 |
CHRISTOPHER AND DANA REEVES PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $10,000 |
COMPASSION & CHOICES PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $1,000 |
CORNELL LAB OF ORNITHOLOGY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $6,000 |