Patterson Family Charitable Supporting Organization is located in Highland, UT. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Patterson Family Charitable Supporting Organization 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 12/2023, Patterson Family Charitable Supporting Organization generated $31.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $36.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Patterson Family Charitable Supporting Organization has awarded 11 individual grants totaling $160,500. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL SUPPORT OF ITS PRIMARY CHARITY AND OTHER LISTED CHARITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION MADE CASH DONATIONS OF $29,000 AND INCURRED EXPENSES TO HOLD REAL PROPERTY IN ORDER TO MAKE THESE DONATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Patterson Director | Trustee | 2 | $0 |
Blaine Patterson Director | Trustee | 2 | $0 |
Mike Wittenberg Director | Trustee | 1 | $0 |
Ken Greenwood Director | Trustee | 1 | $0 |
Chad Smith Director | Trustee | 1 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $34,777 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$3,121 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $31,656 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $29,000 |
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 | $0 |
Fees for services: Legal | $1,200 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $43 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $4,916 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $36,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $885,731 |
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 | $3,287,521 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,173,252 |
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 | $4,173,252 |
Total liabilities and net assets/fund balances | $4,173,252 |
Over the last fiscal year, Patterson Family Charitable Supporting Organization has awarded $25,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
LEHI CITY UTAH PURPOSE: City programs | $25,000 |
EAGLE MOUNTAIN CITY UTAH PURPOSE: n/a | $0 |
PAYSON CITY PURPOSE: City programs | $0 |
ALPINE CITY UTAH PURPOSE: n/a | $0 |