Paul & Ruth Lyon Family Foundation
- Assets
- $1.6m
- Revenue
- $84.6k
- Investments
- $465.8k
- Employees
- 0
- Location
- Washington, UT
- Founding
- 09/2008
- Data as of
- 12/2022
- EIN
- 20-3956435
Organization Overview
Paul & Ruth Lyon Family Foundation is located in Washington, UT. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul & Ruth Lyon Family 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 12/2022, Paul & Ruth Lyon Family Foundation generated $84.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $109.1k during the year ending 12/2022. While expenses have increased by 43.7% per year over the past 7 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.
Since 2014, Paul & Ruth Lyon Family Foundation has awarded 120 individual grants totaling $384,519. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert P Christenson Chairman | 4 | $0 | |
Lowell Lyon Vice Chair | 4 | $0 | |
Inna Lyon Secretary | 4 | $0 | |
Raylene Lyon Treasurer | 4 | $0 | |
Sylva Christenson Director | 4 | $0 | |
Linda Lyon Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,307 |
| Capital Gain Net Income | $39,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,406 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $980 |
| Total operating and administrative expenses | $9,052 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $109,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,162,062 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,627,837 |
| 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, Paul & Ruth Lyon Family Foundation has awarded $100,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
UTAH SHAKESPEARE FESTIVAL PURPOSE: GENERAL DONATION | $3,000 |
PRIMARY CHILDRENS HOSPITAL PURPOSE: GENERAL DONATION | $5,000 |
WASATCH COMMUNITY ACUPUNCTURE PURPOSE: GENERAL DONATION | $3,000 |
MARINE TOYS FOR TOTS FOUNDATION PURPOSE: GENERAL DONATION | $1,000 |
SPECIAL OLYMPICS UTAH PURPOSE: GENERAL DONATION | $387 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: GENERAL DONATION | $5,000 |