Yusko Family Foundation
- Assets
- $2.4m
- Revenue
- $461.1k
- Investments
- $2.3m
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 08/2008
- Data as of
- 12/2022
- 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 12/2022, Yusko Family Foundation generated $461.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $629.1k during the year ending 12/2022. While expenses have increased by 36.1% per year over the past 8 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 217 individual grants totaling $724,850. 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
2022
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 | $400,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,213 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,809 |
| Capital Gain Net Income | $2,809 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,078 |
| Total Revenue | $461,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,207 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500,000 |
| Total operating and administrative expenses | $505,102 |
| Contributions, gifts, grants paid | $124,000 |
| Total expenses and disbursements | $629,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,667 |
| Savings and temporary cash investments | $54,400 |
| 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 | $803,660 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,424,997 |
| 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 $124,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
TABLE PURPOSE: TO SUPPORT HUNGRY CHILDREN | $50,000 |
Notre Dame, IN PURPOSE: IN SUPPORT OF THE ROCKNE ATHLETICS FUND | $15,000 |
ORANGE COUNTY LITERACY PURPOSE: GENERAL SUPPORT | $5,000 |
PUBLIC SCHOOL FOUNDATION PURPOSE: SUPPORT STUDENT AND TEACHERS | $5,000 |
MARION CHEEK JACKSON CENTER FOR SAVING AND MAKING HISTORY PURPOSE: GENERAL SUPPORT | $5,000 |
PORCH PURPOSE: SUPPORT FOR GRASSROOTS HUNGER RELIEF. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |