Julie M & David S Layton Foundation
- Assets
- $1.7m
- Revenue
- $1.5m
- Investments
- $1.4m
- Employees
- 0
- Location
- Sandy, UT
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 20-8104877
Organization Overview
Julie M & David S Layton Foundation is located in Sandy, UT. The organization was established in 2009. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Julie M & David S Layton 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 12/2021, Julie M & David S Layton Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David S Layton Trustee/admin Com Member | 1 | $0 | |
Julie M Layton Admin Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,270,000 |
| Interest on Savings | $26 |
| Dividends & Interest | $27,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $214,981 |
| Capital Gain Net Income | $190,805 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,512,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $345 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,801 |
| Total operating and administrative expenses | $22,146 |
| Contributions, gifts, grants paid | $1,050,000 |
| Total expenses and disbursements | $1,072,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,320 |
| 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 | $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 | $1,404,958 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,660,278 |
| 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, Julie M & David S Layton Foundation has awarded $1,050,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF UTAH ATHLETICS PURPOSE: FIELD CLUB DONATION | $1,000,000 |
GEORIGA SOUTHERN ATHLETICS PURPOSE: MENS GOLF PRO GREEN | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
William H And Carrie Gottsche Foundation Thermopolis, WY | $15,267,869 | $5,413,273 |
Emerald Gate Charitable Trust Jackson, WY | $143,120,759 | $36,236,406 |
William A Badger Foundation 80108800 Las Vegas, NV | $45,476,386 | $5,276,997 |
San Antonio Electrical Vacation & Holiday Trust Agreement Albuquerque, NM | $996,599 | $3,364,803 |
Charles Weiner Charitable Trust Las Vegas, NV | $0 | $731,026 |
Sidney Stern Memorial Trust No 300-6-4020-02 Las Vegas, NV | $18,176,884 | $7,856,022 |
Pete & Arline Harman Trust Fund Salt Lake City, UT | $59,077,970 | $2,949,653 |
Newton Foundation Jackson, WY | $19,007,412 | $862,510 |