The T.C. Young Foundation, NFP was incorporated as a not for profit corporation in Illinois on August 5th 2002. On December 4th, 2002, per a ruling from the Internal Revenue Service, the Foundation received the status of a 501 (c) (3) tax exempt organization.
Its Board of Directors typically meets twice a year. It sets strategic directions and approves key decisions like the annual budget. The minutes of Board meetings are available to Board members only by clicking HERE.