Nonprofit · EIN 34-6515788
YOUNGSTOWN FOUNDATION
Tax-exempt · YOUNGSTOWN, OH 44503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,612,532 | $6,250,216 | -$1,637,684 | $152,450,648 | $0 | $152,450,648 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,821,971
- Program service revenue
- $0
- Investment income
- $2,545,987
- Other revenue
- $244,574
Expenses
- Grants and similar amounts paid
- $4,992,335
- Compensation of officers, directors and key employees
- $977,661
- Salaries, compensation and benefits (total)
- $1,002,185
- Professional fundraising fees
- $0
- Legal fees
- $3,943
- Accounting fees
- $28,100
- Occupancy
- $30,947
- Travel
- $6,165
- Depreciation
- $101,208
- Program services (functional)
- $5,533,434
- Management and general (functional)
- $710,377
- Fundraising (functional)
- $6,405
Balance sheet and other
- Total assets, start of year
- $139,827,388
- Total assets, end of year
- $152,450,648
- Total liabilities, end of year
- $0
- Net assets, end of year
- $152,450,648
- Land, buildings and equipment
- $3,532
- Publicly traded securities
- $141,342,522
- Net assets without donor restrictions
- $52,261,762
- Net assets with donor restrictions
- $100,188,886
- Gross receipts
- $4,612,532
- Employees
- 6
- Volunteers
- 6
- Year formed
- 1918
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PNC BANK NA | TRUSTEE Institutional trustee | 1 | $753,002 |
| LYNNETTE H FORDE | PRESIDENT Trustee or director, Officer | 30 | $128,104 |
| MARTHA L BUSHEY | CHAIRMAN Trustee or director | 1 | $0 |
| THEODORE M SCHMIDT | DISTRIBUTION COMMITTEE Trustee or director | 1 | $0 |
| RONA CURTIS | DISTRIBUTION COMMITTEE Trustee or director | 1 | $0 |
| SAMUEL AMENDOLARA | DISTRIBUTION COMMITTEE Trustee or director | 1 | $0 |
| REBECCA DAVIS | DISTRIBUTION COMMITTEE Trustee or director | 1 | $0 |
| GARRY MROZEK | DISTRIBUTION COMMITTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 E FEDERAL ST STE 101, YOUNGSTOWN, OH 44503-1810
- In care of
- % PNC BANK
- Principal officer (990 for 2024)
- PNC BANK NA, 500 FIRST AVE P7-PFSC-03-Z, PITTSBURGH, PA 15219
- Signed the 990
- PNC BANK N A, TAX MANAGER
- Phone
- (412) 995-1769
- Return prepared by
- PWC US TAX LLP
Mission
PROVIDE FINANCIAL ASSISTANCE (GRANTS) TO CHARITABLE, SCIENTIFIC, AND EDUCATIONAL INSTITUTIONS THAT PROMOTE MENTAL, MORAL, AND PHYSICAL WELL-BEING TO THE INHABITANTS OF THE CITY OF YOUNSTOWN AND VICINITY.
Program accomplishments
- CANFIELD FAIR FOUNDATIONExpenses $369,093 · grants $333,000
- YOUNGSTOWN STATE UNIVERSITY OFFICE OF FIN AID AND SCHOLARSHIPExpenses $355,503 · grants $320,740
- MILL CREEK METRO PARKS FOUNDATIONExpenses $277,097 · grants $250,000
- Expenses $4,531,741 · grants $4,088,595
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 34-6515788
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $152,450,648
- Income (IRS master file)
- $4,612,532
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $3,395,411 | $5,541,978 | $139,827,388 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | -$1,557,459 | $6,508,495 | $124,452,274 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about YOUNGSTOWN FOUNDATION
- What is the EIN of YOUNGSTOWN FOUNDATION?
- The employer identification number (EIN) of YOUNGSTOWN FOUNDATION is 34-6515788.
- Is YOUNGSTOWN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to YOUNGSTOWN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUNGSTOWN FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of YOUNGSTOWN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YOUNGSTOWN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of YOUNGSTOWN FOUNDATION?
- The 990 for the year ended December 31, 2024 names PNC BANK NA.
- Who are the officers and directors of YOUNGSTOWN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $753,002 (PNC BANK NA, TRUSTEE).
- How much revenue does YOUNGSTOWN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,612,532, expenses of $6,250,216 and total assets of $152,450,648 at year end.
Other nonprofits in YOUNGSTOWN
- YOUNGSTOWN AREA JEWISH FEDERATION EIN 34-0714442 · last filed 990 for 2024
- COMMUNITY FOUNDATION OF MAHONING VALLEY EIN 34-1904353 · last filed 990 for 2024
- THE UNITED WAY OF YOUNGSTOWN AND THE MAHONING VALLEY EIN 34-0714598 · last filed 990 for 2024
- MAHONING VALLEY HISTORICAL SOCIETY FOUNDATION INC EIN 86-1846978 · last filed 990 for 2024
- VETERANS OUTREACH EIN 22-3272976 · last filed 990 for 2024
- COMMUNITY IMPROVEMENT CORPORATION OF MAHONING COUNTY EIN 34-1351244 · last filed 990-N for 2016
- MISSION OF LOVE EIN 34-1791626 · last filed 990 for 2024
- MAHONING LAND BANK SUPPORT FUND EIN 20-5927824 · last filed 990-EZ for 2025
All nonprofits in YOUNGSTOWN · Ohio · Philanthropy, voluntarism and grantmaking foundations