Marilyn And William Young Charitable Foundation Inc
- Assets
- $11.0m
- Revenue
- -$34.3k
- Investments
- $10.8m
- Employees
- 0
- Location
- Owensboro, KY
- Founding
- 05/1990
- Data as of
- 12/2022
- EIN
- 61-6175836
Organization Overview
Marilyn And William Young Charitable Foundation Inc is located in Owensboro, KY. The organization was established in 1990. 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. Marilyn And William Young Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Marilyn And William Young Charitable Foundation Inc has awarded 135 individual grants totaling $2,044,672. 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 |
|---|---|---|---|
Sara Hemingway Director - Secretary | 40 | $93,600 | |
E Phillips Malone Director | 3 | $0 | |
Jane Haase Director - Chair | 3 | $0 | |
Joe Overby Director | 3 | $0 | |
Carol Bothwell Director -Vice Chair | 3 | $0 | |
Diane M Ford Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,278 |
| Dividends & Interest | $244,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$302,813 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$34,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $93,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $3,504 |
| Interest | $0 |
| Taxes | $38,871 |
| Depreciation | $0 |
| Occupancy | $5,000 |
| Travel, conferences, and meetings | $8,927 |
| Printing and publications | $0 |
| Other expenses | $13,950 |
| Total operating and administrative expenses | $233,859 |
| Contributions, gifts, grants paid | $469,595 |
| Total expenses and disbursements | $703,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $176,052 |
| 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 | $10,800,267 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,976,319 |
| Accounts payable and accrued expenses | $1,490 |
| 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 | $1,490 |
Grants Awarded
Over the last fiscal year, Marilyn And William Young Charitable Foundation Inc has awarded $469,595 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY Y PURPOSE: FAMILY SUPPORT SYSTEMS | $75,000 |
BLUEGRASS MUSIC MUSEUM AND HALL OF FAME PURPOSE: ARTS | $60,000 |
OWENSBORO PUBLIC SCHOOLS PURPOSE: COMMUNITY GRANTS | $41,455 |
INTERNATIONAL CENTER OF OWENSBORO PURPOSE: FAMILY SUPPORT SYSTEMS | $40,000 |
MY SISTER'S KEEPER PURPOSE: FAMILY SUPPORT SYSTEMS | $35,000 |
Owensboro, KY PURPOSE: FAMILY SUPPORT SYSTEMS | $26,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marilyn And William Young Charitable Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Public Life Foundation Of Owensboro Inc Owensboro, KY PURPOSE: COVID EMPLOYEE RECOGNITION GRANT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |