Marriner S Eccles Foundation
- Assets
- $0.0
- Revenue
- $21.6m
- Investments
- $37.8m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 08/1972
- Data as of
- 03/2021
- EIN
- 23-7185855
Organization Overview
Marriner S Eccles Foundation is located in Salt Lake City, UT. The organization was established in 1972. 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. Marriner S Eccles 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 03/2021, Marriner S Eccles Foundation generated $21.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 64.2% each year . All expenses for the organization totaled $2.4m during the year ending 03/2021. While expenses have increased by 2.5% 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.
Since 2015, Marriner S Eccles Foundation has awarded 738 individual grants totaling $12,188,123. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Eldredge Executive Director | 40 | $95,833 | |
C Hope Eccles Trustee/committee Member | 10 | $58,400 | |
Spencer F Eccles Chair/trustee/committee Member | 1 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $222,940 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,449,993 |
| Total Revenue | $21,637,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,920 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $16,316 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $822,477 |
| Contributions, gifts, grants paid | $1,620,283 |
| Total expenses and disbursements | $2,442,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,289,544 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,114,168 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $425 |
Grants Awarded
Over the last fiscal year, Marriner S Eccles Foundation has awarded $2,349,400 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPT-A-NATIVE-ELDER PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ALF ENGEN SKI MUSEUM PURPOSE: EDUCATION PROGRAMS & GENERAL OPERATING SUPPORT | $25,000 |
AMERICAN INDIAN SERVICES PURPOSE: SCHOLARSHIPS | $10,000 |
AMERICAN RED CROSS IN UTAH PURPOSE: PROGRAM SUPPORT-DISASTER SERVICES | $20,000 |
ASSISTANCE LEAGUE OF SALT LAKE CITY PURPOSE: PROGRAM SUPPORT-OPERATING SCHOOL BELL | $9,000 |
BALLET WEST PURPOSE: PRODUCTION SPONSORSHIP | $50,000 |