Uti Foundation Inc
- Assets
- $1.7m
- Revenue
- -$91.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- Maple Grove, MN
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 41-1859780
Organization Overview
Uti Foundation Inc is located in Maple Grove, MN. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uti Foundation 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 2016, Uti Foundation Inc has awarded 55 individual grants totaling $825,224. 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 |
|---|---|---|---|
Keith K Kim Director | 0 | $0 | |
Helen L Kim Director | 0 | $0 | |
Thomas I Hara Director | 0 | $0 | |
David S Kim Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,492 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$125,725 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$91,233 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $338 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$25,764 |
| Total operating and administrative expenses | -$6,626 |
| Contributions, gifts, grants paid | $89,200 |
| Total expenses and disbursements | $82,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $198,360 |
| 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 | $1,728,208 |
| 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, Uti Foundation Inc has awarded $89,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LA JOLLA MUSIC SOCIETY PURPOSE: GENERAL | $14,200 |
REDEEMER PRESBYTERIAN CHURCH PURPOSE: GENERAL | $10,000 |
STEP BEYOND PURPOSE: GENERAL | $5,000 |
SCRIPPS FOUNDATION PURPOSE: GENERAL | $25,000 |
RANCH VIEW BAPTIST CHURCH PURPOSE: GENERAL | $35,000 |