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Filing year 2024

YOUNG FAMILY FOUNDATION

Plymouth, Michigan·EIN 30-0003762·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.5M
Total assets
$9.4M
Total expenses
$1M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. YOUNG FAMILY FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

Director & President
Director & Treasurer
Director & Secretary
Director
Director & Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$988k

Itemized grants

12

Median grant

$18k

RecipientLocationPurposeAmount
SCHOLARSHIP AMERICAMINNEAPOLIS, MNTO PROVIDE SCHOLARSHIP MONEY$297k
UNIVERSITY OF MICHIGANANN ARBOR, MIJDRF CENTER OF EXCELLENCE GIFT$200k
YMCA OF METRO DETROITDETROIT, MISUPPORT OF YOUTH PROGRAMS$166k
UNIVERSITY OF DETROIT MERCYDETROIT, MISCHOLARSHIP FUND$150k
VISTA MARIADEARBORN HEIGHTS, MIFAMILY DRIVEN YOUTH ENGAGEMENT MODEL$100k
DETROIT REGIONAL DOLLARS FOR SCHOLARSDETROIT, MIEDUCATIONAL GRANTSPROVIDE SCHOLARSHIPS$20k
ALZHEIMERS ASSOCIATIONCHICAGO, ILGENERAL FUND$15k
FORD PIQUETTE PLANTDETROIT, MIPRESERVATION OF AUTOMOTIVE HERITAGE$10k
JUNIOR ACHIEVEMENT OF SOUTHEAST MICHIGANDETROIT, MIJUNIOR ACHIEVEMENT EDUCATIONAL PROGRAMS$10k
WOLVERINE HUMAN SERVICEGROSSE POINTE, MIHUMAN SERVICE NEEDS$10k
THE CHILDRENS FOUNDATIONDETROIT, MIVARIOUS CHILDRENS OUTREACH$8k
ELE'S PLACEANN ARBOR, MIPEER GRIEF SUPPORT PROGRAMS$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

YOUNG FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$420k
$1.6M
2023
$5.5M
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

YOUNG FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about YOUNG FAMILY FOUNDATION

What are YOUNG FAMILY FOUNDATION's revenue and expenses?

In 2024, YOUNG FAMILY FOUNDATION reported $5.5M in total revenue and $1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.