Young America's Foundation and Young Americans for Freedom
A Tale of Two YAFs
Young Americans for Freedom was founded in 1960 as a far-right anti-communist league. Young America's Foundation was founded at Vanderbilt University in 1969, apparently springing out of an ad hoc group within YAFreedom. YAFreedom is a 501(c)4, and YAFoundation is a 501(c)3 - donations to 501(c)4 groups are not deductible against taxes, unlike donations to a 501(c)3 organisation.
Young America's Foundation, along with the American Conservative Union, founded the annual CPAC (Conservative Political Action Conference) - at which, in 2009, saw the official launch of Youth for Western Civilization.