Yusko Family Foundation
- Assets
- $2.7m
- Revenue
- $147.4k
- Investments
- $2.6m
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 26-2727630
Organization Overview
Yusko Family Foundation is located in Chapel Hill, NC. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Yusko Family 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 12/2023, Yusko Family Foundation generated $147.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $103.7k during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 9 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 2015, Yusko Family Foundation has awarded 193 individual grants totaling $733,050. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKING GRANTS TO CHARITABLE ORGANIZATIONS THAT PROVIDE HEALTH AND HUMAN SERVICES ON AN INTERNATIONAL SCALE AND ARE RECOGNIZED AS PUBLIC CHARITIES BY THE INTERNAL REVENUE SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Yusko President; Secretary | 1 | $0 | |
Mark Yusko Vice President; Treasurer | 1 | $0 | |
Sara Yusko Madden Board Member At Large | 1 | $0 | |
Jack Yusko Board Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $79,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,741 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $874 |
| Total Revenue | $147,386 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $239 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $3,493 |
| Contributions, gifts, grants paid | $100,200 |
| Total expenses and disbursements | $103,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,138 |
| Savings and temporary cash investments | $91,476 |
| 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 | $894,829 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,694,454 |
| 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, Yusko Family Foundation has awarded $100,200 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP KELLEY PURPOSE: SUPPORT CAMPUS IMPROVEMENTS | $20,000 |
CHAPEL HILL-CARRBORO MEALS ON WHEELS PURPOSE: SUPPORT MEALS ON WHEELS PROGRAM. | $1,000 |
CHRISTMAS HOUSE PURPOSE: GENERAL SUPPORT | $1,000 |
FOOD BANK OF CENTRAL AND EASTERN NC PURPOSE: SUPPORT HUNGRY FAMILIES | $1,000 |
FOOD FOR THE POOR PURPOSE: GENERAL SUPPORT | $1,000 |
MARION CHEEK JACKSON CENTER FOR SAVING AND MAKING HISTORY PURPOSE: GENERAL SUPPORT | $1,000 |