NonprofitsMichael Yang Foundation

Youth Development

Michael Yang Foundation

SALISBURY, NC

Total revenue

$8K

Total expenses

$14K

Net assets

$306K

Grants received

$28K

7 grants

EIN

510424438

Tax year

2024

Mission

The michael yang foundation was formed in response to areas of need recognized by the founders of the organization who experienced a loss of a child at a very early age. The foundation was formed to help in three specific areas: 1 - grief support program for bereaved parents in salisbury, nc and surrouding area for parents who have lost a child. The foundation pays the costs of the couselors for this program. 2 - kindermusik is a music education program for children ranging in age from birth to seven years of age. The foundation will sponsor a child each semester to help a child experience the benefits of music enrichment during the early years of life. 3 - the michael yang foundation will sponsor a high school student each summer to participate in a christian organization for disinterested teenager - young life. Other opportunities to help the youth of the community are always being explored.

Financials

FY 2024

Revenue

Contributions & grants$8K
Program service revenue
Investment income
Other revenue
Total revenue$8K

Expenses

Grants paid$2K
Salaries & benefits
Fundraising
Other expenses$7K
Total expenses$14K
Total assets$307K
Net assets$306K

People

7 listed

NameRoleCompensation

JOSEPH CATALDO

DIRECTOR

Board

0

BRIAN MILLER

DIRECTOR

Board

0

KATHY RUSHER

DIRECTOR

Board

0

KATHI RUSSO

DIRECTOR

Board

0

BILLY WEBB

DIRECTOR

Board

0

LORI YANG

PRESIDENT

Board

0

STEVE YANG

DIRECTOR

Board

0

Grants received

Showing 7 of 7

FromAmountPurposeYear
$9K
CHARITABLE GIFT
2023
$250
EMPLOYEE GIVING PROGRAM
2023
$9K
CHARITABLE GIFT
2022
$250
EMPLOYEE GIVING PROGRAM
2022
$9K
CHARITABLE GIFT
2020
$250
EMPLOYEE GIVING PROGRAM
2020

Funded by

$28K from 2 funders · 7 grants · 2020–2023

Foundation For The Carolinas

$27K · 3 grants · 2020–2023

Bristol-Myers Squibb Foundation Inc

$1K · 4 grants · 2020–2023

Details

EIN510424438
NTEE codeO50
Subsection03
Ruling date2003-03
MICHAEL YANG FOUNDATION — Mission, Financials & Grants Received | Grantivo