Palladium Foundation
- Assets
- $47.0m
- Revenue
- $3.5m
- Investments
- $10.8m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 01/2004
- Data as of
- 04/2022
- EIN
- 20-0137383
Organization Overview
Palladium Foundation is located in Salt Lake City, UT. The organization was established in 2004. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palladium Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Palladium Foundation generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $4.8m during the year ending 04/2022. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION INCURRED EXPENSES FOR THE CONSERVATION AND PROTECTION OF THE NATURAL RESOURCES ON THE LAND OWNED BY IT IN THE STATES OF UTAH AND NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Speers President | 10 | $0 | |
Scott V Johnston Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47,253 |
| Dividends & Interest | $414,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,032,473 |
| Capital Gain Net Income | $3,032,473 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,000 |
| Total Revenue | $3,512,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $281,056 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $510,746 |
| Total operating and administrative expenses | $797,938 |
| Contributions, gifts, grants paid | $4,000,000 |
| Total expenses and disbursements | $4,797,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $864,374 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $33,390,888 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $432,132 |
| Total assets | $46,965,152 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Palladium Foundation has awarded $11,285,321 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Moab, UT PURPOSE: LAND PRESERVATION | $4,500,000 |
THE NATURE CONSERVANCY OF UTAH PURPOSE: LAND PRESERVATION | $2,535,157 |
Moab, UT PURPOSE: LAND PRESERVATION | $2,500,164 |
Moab, UT PURPOSE: LAND PRESERVATION | $1,250,000 |
Park City, UT PURPOSE: LAND PRESERVATION | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palladium Foundation has recieved totaling $972,516.
| Awarding Organization | Amount |
|---|---|
Pact Inc Washington, DC PURPOSE: GRANT FOR CHILDREN IMPACTED BY HIV PROJECT | $972,516 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Land And Water Trust Inc Tucson, AZ | $19,341,295 | $7,113,905 |
Conservation Lands Foundation Durango, CO | $10,309,607 | $7,535,879 |
Mesa County Land Conservancy Inc Grand Junction, CO | $4,321,084 | $5,838,861 |
Jackson Hole Land Trust Jackson, WY | $34,929,001 | $7,522,371 |
Realty Gift Fund Santa Fe, NM | $5,081,165 | $9,881,385 |
Palladium Foundation Salt Lake City, UT | $46,965,152 | $3,512,246 |
Utah Open Lands Conservation Association Inc Salt Lake City, UT | $10,664,268 | $4,249,074 |
Teton Regional Land Trust Driggs, ID | $10,505,047 | $4,545,192 |
Tohono Chul Park Inc Tucson, AZ | $10,057,876 | $2,788,599 |
Wood River Land Trust Company Hailey, ID | $29,176,745 | $10,841,480 |
Mcdowell Sonoran Conservancy Scottsdale, AZ | $2,977,971 | $1,763,794 |
Advocates For The West Inc Boise, ID | $2,362,176 | $2,131,294 |