Small Public Charity

THE MICHAEL YANG FOUNDATION

THE MICHAEL YANG FOUNDATION is a Small Public Charity headquartered in SALISBURY, NC. Financial data from the 2024 filing: $8K revenue, $14K expenses, $307K total assets. 5 publicly reported grants to this organization, totaling roughly $42K, appear in IRS filings.

EIN: 510424438 SALISBURY, NC Latest filing: 2024
Total Revenue$8K
Total Expenses$14K
Total Assets$307K
Grant Records5
Funding Total$42K
Filing Years2019–2024

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.

Officers & Directors

DIRECTOR Billy Webb
DIRECTOR Brian Miller
DIRECTOR Joseph Cataldo
DIRECTOR Kathi Russo
DIRECTOR Kathy Rusher
PRESIDENT Lori Yang

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$42,183 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $8K $14K $307K
2023 $6K $11K $281K
2022 $18K $14K $253K
2020 $2K $14K $244K
2019 $13K $18K $233K

Between 2019 and 2024, reported annual revenue declined from $13K to $8K (-36%), with total assets most recently reported at $307K.

Interactive year-over-year charts and full filing details available with membership.

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