ANDY AND MARIANN YOUNISS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ANDY AND MARIANN YOUNISS FOUNDATION (EIN 81-4478825)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-15
IRS object ID
202511359349101801
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T07:50:08-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814478825EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Andy and Mariann Youniss FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlANDYBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
Personmariann younissPersonNm
Person TitlepresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$13,521,972FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$10,337InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$10,337InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$297,041DividendsRevAndExpnssAmt
Dividends Net Invst Incm$297,041DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$624,651NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,677,434GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$624,651CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$932,029TotalRevAndExpnssAmt
Total Net Invst Incm$932,029TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$65,944OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$65,944OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$9,652TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$41,032OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$41,032OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$116,628TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$65,944TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$41,032TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$220,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$220,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$336,628TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$65,944TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$261,032TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$595,401ExcessRevenueOverExpensesAmt
Net Investment Income$866,085NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$823,494SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$401,410SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$401,410SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$10,934,699CorporateStockBOYAmt
Corporate Stock EOY$11,952,184CorporateStockEOYAmt
Corporate Stock EOYFMV$13,120,562CorporateStockEOYFMVAmt
Total Assets BOY$11,758,193TotalAssetsBOYAmt
Total Assets EOY$12,353,594TotalAssetsEOYAmt
Total Assets EOYFMV$13,521,972TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$11,758,193RetainedEarningBOYAmt
Retained Earning EOY$12,353,594RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$11,758,193TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,353,594TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$11,758,193TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,353,594TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$11,758,193TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$595,401ExcessRevenueOverExpensesAmt
Subtotal$12,353,594SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,353,594TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$1,677,434GrossSalesPriceAmt
Cost Or Other Basis$1,052,783CostOrOtherBasisAmt
Gain Or Loss$624,651GainOrLossAmt
Gains Minus Excess Or Losses$624,651GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$624,651CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$12,039InvestmentIncomeExciseTaxAmt
Subtotal$12,039SubtotalAmt
Tax Based On Investment Income$12,039TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,200EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$7,200TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$4,839TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Andrew Youniss
Foundation Source 501 Silverside RdWilmingtonDE198091377Sec, Treas, Dir1.0$0$0$0
Mariann Youniss
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres, Dir1.0$0$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FidelityBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 Seaport BlvdAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02210ZIPCd
FieldValueIRS element (for citing)
Service TypeInvestment MgmtServiceTypeTxt
Compensation$65,944CompensationAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$12,703,406AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$402,575AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,105,981TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$13,105,981AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$196,590CashDeemedCharitableAmt
Net Vl Noncharitable Assets$12,909,391NetVlNoncharitableAssetsAmt
Minimum Investment Return$645,470MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$645,470MinimumInvestmentReturnAmt
Tax Based On Investment Income$12,039TaxBasedOnInvestmentIncomeAmt
Total Tax$12,039TotalTaxAmt
Distributable Before Adj$633,431DistributableBeforeAdjAmt
Distributable Before Ded$633,431DistributableBeforeDedAmt
Distributable As Adjusted$633,431DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$261,032ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$261,032QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$633,431DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$437,850ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$437,850TotalExcessDistributionCyovAmt
Qualifying Distributions$261,032QualifyingDistributionsAmt
Applied To Current Year$261,032AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$372,399ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$372,399ExcessDistributionCyovAppCYAmt
Total Corpus$65,451TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$65,451ExcessDistriCyovToNextYrAmt
Excess From Year1$65,451ExcessFromYear1Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAndrew YounissContributingManagerNm
Contributing ManagerMariann YounissContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BERKLEE COLLEGE OF MUSIC INC
1140 BOYLSTON STBOSTONMA02215N/APCCharitable Event$30,000
BOSTON MEDICAL CENTER CORPORATION
960 MASSACHUSETTS AVE 2ND FLBOSTONMA02118N/APCCharitable Event$50,000
SPOONFULS INC
189 WELLS AVE STE 100NEWTONMA02459N/APCGeneral & Unrestricted$130,000
SPOONFULS INC
189 WELLS AVE STE 100NEWTONMA02459N/APCCharitable Event$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$220,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,337ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$297,041ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$624,651ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$932,029ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$932,029TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
COHEN AND STEERS REALTY SHARES$26,030$23,702
FIDELITY PAS INTL FUND OF FUND$1,846,946$1,899,860
FIDELITY SAI CANADA EQUITY IND$81,061$79,914
FIDELITY SAI INFLATION PROTECT$249,908$244,093
FIDELITY SAI INFLATION-FOCUSED$112,955$102,737
STRATEGIC ADVISERS ALTERNATIVE$200,845$198,549
STRATEGIC ADVISERS CORE INCOME$3,247,529$2,869,574
STRATEGIC ADVISERS EMERGING MA$905,636$892,790
STRATEGIC ADVISERS INCOME OPPO$105,135$100,785
STRATEGIC ADVISERS SHORT DURAT$184,706$186,002
STRATEGIC ADVISORS U.S. TOTAL$4,991,433$6,522,556

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$41,004$41,004
Postage/Delivery Service$28$28

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$65,944Amt
Net Investment Income$65,944NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2024$7,200
990-PF Excise Tax for 2023$2,452

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