American Foundation Of Utah Inc is located in Phoenix, AZ. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public 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. American Foundation Of Utah Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, American Foundation Of Utah Inc has awarded 192 individual grants totaling $12,182,019. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FACILITATE THE PRIVATIZATION OF PHILANTHROPY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATED COSTS INCURRED IN ADMINISTRATION OF CHARITABLE REMAINDER TRUSTS, PROGRAM PRESENTATION COSTS TO GROUPS, AND OTHERS, AND DISTRIBUTION OF GRANTS AND OTHER COSTS RELATING TO CHARITABLE PROGRAMS. ALLOCATED COSTS INCLUDE ALL COSTS THAT PERTAIN TO SUPPORTING AND EFFECTUATING, EITHER DIRECTLY OR INDIRECTLY, THE CHARITABLE MISSION OF THE AMERICAN FOUNDATION OF UTAH. THIS MISSION IS TO PROMOTE AND FACILITATE THE PRIVATIZATION OF PHILANTHROPY, THEREBY CREATING VAST AMOUNTS OF NEW AND MORE EFFECTIVE PHILANTHROPY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randon W Wilson Director/coo/vp | OfficerTrustee | 1 | $6,000 |
Melanie Graf Director/secret | OfficerTrustee | 1 | $1,800 |
Benson L Schaub Director/ceo | OfficerTrustee | 8 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $24,170 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,170 |
Total Program Service Revenue | $0 |
Investment income | $1,641,305 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,961,398 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | -$1,280,458 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,990,105 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $142,920 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,810 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $373,186 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $6,532,818 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,772,416 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $34,687,118 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $428,405 |
Total assets | $36,887,939 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $36,887,939 |
Total liabilities and net assets/fund balances | $36,887,939 |
Over the last fiscal year, American Foundation Of Utah Inc has awarded $2,298,418 in support to 45 organizations.
Grant Recipient | Amount |
---|---|
CALIFORNIA LABRADORS RETRIEVE PURPOSE: EDUCATION | $25,000 |
CARMEL OF THE IMMACULATE HEAR PURPOSE: RELIGIOUS | $10,000 |
CATALINA ISLAND CONSERVANCY PURPOSE: GENERAL | $7,500 |
CATALYST FAMILY INC PURPOSE: GENERAL | $15,000 |
CHANNEL ISLANDS MARINE & WILD PURPOSE: GENERAL | $26,000 |
CENTRO ESPIRITA BENEFICENTE U PURPOSE: GENERAL | $20,000 |