YOUNG FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
YOUNG FAMILY FOUNDATION (EIN 04-3525914)
Tax period
2023-12-01 to 2024-11-30
Filed
2025-10-13
IRS object ID
202542869349101239
Schema version
2023v6.0
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)
Return2025-10-13T23:38:38-04:00ReturnTs
Tax Period End2024-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112461669PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SILVERCREST FINANCIAL SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1230 COURT SQUARE SUITE 101AddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043525914EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YOUNG FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYOUNBusinessNameControlTxt
Phone9184589271PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O SILVERCREST 230 COURT SQUAREAddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonE RYKER YOUNGPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9184589271PhoneNum
Signature2025-10-14SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVAN KWIATKOWSKIPreparerPersonNm
PTINP01509799PTIN
Phone4349774420PhoneNum
Preparation2025-10-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,288,245FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$220,961DividendsRevAndExpnssAmt
Dividends Net Invst Incm$132,252DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$509,937NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,215,033GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$509,937CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$730,898TotalRevAndExpnssAmt
Total Net Invst Incm$642,189TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$44,597OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$29,167OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$44,597TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$29,167TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$169,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$169,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$213,597TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$29,167TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$169,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$517,301ExcessRevenueOverExpensesAmt
Net Investment Income$613,022NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$352,984CashBOYAmt
Cash EOY$246,025CashEOYAmt
Cash EOYFMV$246,025CashEOYFMVAmt
US Government Obligations BOY$418,102USGovernmentObligationsBOYAmt
US Government Obligations EOY$2,165,508USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$2,288,741USGovtObligationsEOYFMVAmt
Corporate Stock BOY$4,773,288CorporateStockBOYAmt
Corporate Stock EOY$3,408,242CorporateStockEOYAmt
Corporate Stock EOYFMV$5,753,479CorporateStockEOYFMVAmt
Other Investments BOY$50,000OtherInvestmentsBOYAmt
Total Assets BOY$5,594,374TotalAssetsBOYAmt
Total Assets EOY$5,819,775TotalAssetsEOYAmt
Total Assets EOYFMV$8,288,245TotalAssetsEOYFMVAmt
Grants Payable BOY$291,900GrantsPayableBOYAmt
Total Liabilities BOY$291,900TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,302,474RetainedEarningBOYAmt
Retained Earning EOY$5,819,775RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,302,474TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,819,775TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,594,374TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,819,775TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,302,474TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$517,301ExcessRevenueOverExpensesAmt
Subtotal$5,819,775SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,819,775TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MARKETABLE SECURITIESP$228,733$239,193-$10,460-$10,460
MARKETABLE SECURITIESP$158,237$147,172$11,065$11,065
MARKETABLE SECURITIESP$1,350,293$1,082,980$267,313$267,313
MARKETABLE SECURITIESP$149,425$152,214-$2,789-$2,789
MARKETABLE SECURITIESP$1,221,487$980,927$240,560$240,560
MARKETABLE SECURITIESP$106,746$102,610$4,136$4,136
CLASS ACTION PROCEEDSP$112$112$112
FieldValueIRS element (for citing)
Capital Gain Net Income$509,937CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$12,412NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$8,521InvestmentIncomeExciseTaxAmt
Subtotal$8,521SubtotalAmt
Tax Based On Investment Income$8,521TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,147EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$12,700ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$16,847TotalPaymentsAndCreditsAmt
Overpayment$8,326OverpaymentAmt
Applied To ES Tax$8,326AppliedToESTaxAmt

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 StateMAOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt
Individual With BooksTAMMY MURRAYIndividualWithBooksNm
Phone4349774420PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1C/O SILVERCREST 230 COURT SQUAREAddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd
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
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
E RYKER YOUNG
C/O SILVERCREST 230 COURT SQUARECHARLOTTESVILLEVA22902TRUSTEE0.05$0$0$0
TINA B YOUNG
C/O SILVERCREST 230 COURT SQUARECHARLOTTESVILLEVA22902TRUSTEE0.05$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$7,315,672AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$359,175AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,674,847TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$7,674,847AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$115,123CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,559,724NetVlNoncharitableAssetsAmt
Minimum Investment Return$377,986MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$377,986MinimumInvestmentReturnAmt
Tax Based On Investment Income$8,521TaxBasedOnInvestmentIncomeAmt
Total Tax$8,521TotalTaxAmt
Distributable Before Adj$369,465DistributableBeforeAdjAmt
Distributable Before Ded$369,465DistributableBeforeDedAmt
Distributable As Adjusted$369,465DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$169,000ExpensesAndContributionsAmt
Qualifying Distributions$169,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$369,465DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$53,704ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$23,888ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$77,592TotalExcessDistributionCyovAmt
Qualifying Distributions$169,000QualifyingDistributionsAmt
Applied To Current Year$169,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$77,592ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$77,592ExcessDistributionCyovAppCYAmt
Undistributed Income CY$122,873UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ANDREW RYPIEN SCHOOL
101 W 8TH AVENUESPOKANEWA99201NONEPUBLICPROGRAM SUPPORT$20,000
FELLOWSHIP CHRISTIAN ATHLETES
3809 S BLVDEDMONDOK73013NONEPUBLICPROGRAM SUPPORT$10,000
FORT GIBSON EDUCATION FOUNDATION
500 SOUTH ROSSFORT GIBSONOK74434NONEPUBLICPROGRAM SUPPORT$6,000
KEEFETON FREEWILL BAPTIST CHURCH
11701 HIGHWAY 64 SOUTHMUSKOGEEOK74403NONEPUBLICPROGRAM SUPPORT$2,000
MAKE MUSIC MUSKOGEE INC
3130 N 17TH STREETMUSKOGEEOK74401NONEPUBLICPROGRAM SUPPORT$1,000
PATCHES & PATIENTS
3105 RAMSHORN DRIVECASTLE PINESCO80108NONEPUBLICPROGRAM SUPPORT$20,000
SABES WINGS - BRET SABERHAGEN FDN
179 NIBLICK ROAD 411PASO ROBLESCA93446NONEPUBLICPROGRAM SUPPORT$110,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$169,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$220,961ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$509,937ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$730,898ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$730,898TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITY INVESTMENTSStockNm
EOY Book Value$3,408,242EOYBookValueAmt
EOYFMV$5,753,479EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
State Local Sec Book Vl EOY$2,165,508StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$2,288,741StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemFIXED INCOME PORTFOLIOCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT ADVISORY FEESCategoryTxt
Amt$44,597Amt
Net Investment Income$29,167NetInvestmentIncomeAmt

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