The Community Foundation Of Utah is located in Salt Lake City, UT. The organization was established in 2009. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Utah employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Utah 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 12/2020, Community Foundation Of Utah generated $42.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $20.1m during the year ending 12/2020. While expenses have increased by 10.1% 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 2014, Community Foundation Of Utah has awarded 1,170 individual grants totaling $79,570,869. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE ENABLE ALL UTAHNS TO CONTRIBUTE TO OUR COMMUNITY TODAY, ENSURING A BRIGHTER TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOUNDATION OF UTAH (CFU) IS UTAH'S PARTNER IN PHILANTHROPY. CFU IS THE HUB WHERE DONORS AND MISSION-DRIVEN ORGANIZATIONS BUILD A THRIVING COMMUNITY, TOGETHER. WHATEVER YOUR GIFT, WE HELP YOU MAXIMIZE THE IMPACT. WHATEVER YOUR MISSION, WE CONNECT YOU TO THE TOOLS, RESOURCES AND NETWORKS TO ACHIEVE IT. SINCE ESTABLISHMENT IN 2008, CFU HAS FACILITATED OVER 110 MILLION IN GRANTS TO NONPROFIT ORGANIZATIONS. IN 2021, CFU GRANTED OVER 12 MILLION TO OVER 400 ORGANIZATIONS IN AREAS AS DIVERSE AS OUR FUNDHOLDERS - FROM ARTS AND CULTURE TO ANIMAL WELFARE, TO EDUCATION AND ENVIRONMENT. CFU IS ALSO A CRITICAL PARTNER IN NUMEROUS INITIATIVES TO STRENGTHEN OUR SOCIAL IMPACT SECTORS. THESE EFFORTS INCLUDE GRANT AND EDUCATION INITIATIVES, COMMUNITY LEADERSHIP AND COMMUNITY IMPACT FUNDS. INITIATIVES INVEST IN SUCCESS (IIS) - IIS IS AN ANNUAL WEEK-LONG LEADERSHIP DEVELOPMENT INITIATIVE FOR EMERGING NONPROFIT LEADERS. SINCE 2013, IIS HAS PROVIDED CAPACITY-BUILDING SUPPORT FOR NONPROFIT ORGANIZATIONS ACROSS UTAH. QUALIFIED ORGANIZATIONS SERVE LOW-INCOME POPULATIONS AND FACE SIGNIFICANT BARRIERS OF TIME OR DISCRETIONARY FUNDS TO ACCESS LEADERSHIP DEVELOPMENT OPPORTUNITIES. IIS PROVIDES AN INTENSE AND IMMERSIVE EXPERIENCE INCLUDING TRAINING ON ORGANIZATIONAL STRATEGY, PERSONAL LEADERSHIP, ORGANIZATIONAL FINANCE AND SUSTAINABILITY, AND CHANGE MANAGEMENT. PAY FOR SUCCESS (PFS) - PFS IS AN INNOVATIVE FUNDING MODEL THAT DRIVES GOVERNMENT RESOURCES TOWARD SOCIAL PROGRAMS THAT PROVIDE MEASURABLE RESULTS. MISSION-DRIVEN INVESTORS COVER THE UPFRONT COSTS OF PROGRAMMING, AND IF THE PREDETERMINED GOALS ARE ACHIEVED, THE GOVERNMENT REPAYS THE INVESTORS. SOCIAL INVESTORS FORUM (SIF) - SIF PROVIDES A CATALYTIC OPPORTUNITY FOR ORGANIZATIONS TO PITCH INNOVATIVE IDEAS FOR SOLVING SOCIAL PROBLEMS TO A PANEL OF INVESTORS. SINCE 2014, OVER 600,000 IN CATALYTIC SEED FUNDS HAVE BEEN AWARDED TO ORGANIZATIONS THROUGH THIS INITIATIVE. YOUTH ATHLETIC GRANT (YAG) -A PARTNERSHIP WITH SALT LAKE CITY TO SUPPORT NONPROFIT YOUTH ATHLETIC ORGANIZATIONS IN PROVIDING ACCESSIBLE COMPETITIVE ATHLETIC OPPORTUNITIES TO LOW-INCOME YOUTH ATHLETES RESIDING IN SALT LAKE CITY. UTAH GRANTMAKERS ALLIANCE (UGA) - UGA PROVIDES OPPORTUNITIES FOR PRIVATE FOUNDATIONS AND DONOR ADVISED FUNDHOLDERS TO CONNECT WITH PEERS TO EXPLORE STRATEGIES FOR MORE EFFECTIVE, MEANINGFUL AND ENGAGED PHILANTHROPY. UTAH ETHICAL LEADERSHIP AWARDS (ELA) - ELA RECOGNIZES LEADERSHIP IN UTAH BUSINESSES, NONPROFIT ORGANIZATIONS, AND GOVERNMENT ENTITIES THAT EMBODY BEST PRACTICES IN ETHICAL BEHAVIORS. THE INITIATIVE IS A COLLABORATION WITH THE DANIELS FUND AND THE DANIELS FUND ETHICS INITIATIVE AT THE DAVID ECCLES SCHOOL OF BUSINESS. COMMUNITY IMPACT FUNDS RAISEUP SALT LAKE - RAISEUP SALT LAKE AWARDED GRANT FUNDING TO ORGANIZATIONS SUPPORTING SALT LAKE CITY RESIDENTS EXPERIENCING SIGNIFICANT ECONOMIC HARDSHIPS AS A RESULT OF THE COVID-19 PANDEMIC. SPECIFICALLY, THIS FUND PROVIDED OVER 1.4 MILLION IN CASH ASSISTANCE IN THE FORM OF PRE-PAID DEBIT CARDS TO RESIDENTS ORIGINALLY EXCLUDED FROM FEDERAL COVID-19 FINANCIAL ASSISTANCE. SILICON SLOPES COMPUTER SCIENCE FUND (SSCSF) IN RESPONSE TO THE NEEDS OF OUR COMMUNITY, THE COMMUNITY FOUNDATION OF UTAH, IN PARTNERSHIP WITH THE SILICON SLOPES COMMUNITY, LAUNCHED SSCSF TO SUPPORT QUANTIFIABLE, LASTING K-12 COMPUTER SCIENCE OUTCOMES FOR EDUCATORS AND LEARNERS ACROSS THE STATE. SSCSF ENABLES INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS TO CONTRIBUTE DONATIONS OF ANY SIZE AND POOL DIVERSE ASSETS TO INVEST IN A COLLECTIVE STRATEGY THAT BENEFITS STUDENTS, TEACHERS, AND OUR STATE IN THE LONG-TERM. IN 2021, PLAYWORKS UTAH WAS AWARDED 300,000 TO SUPPORT UTAH COMPUTER SCIENCE TEACHERS IN IMPROVING SOCIAL AND EMOTIONAL LEARNING CONDITIONS IN THEIR CLASSROOMS. VIRTUAL ROAD TRIP - CFU MET VIRTUALLY WITH ALMOST 100 NONPROFIT ORGANIZATIONS ACROSS THE STATE IN 2021 TO BETTER UNDERSTAND THE NEEDS, OPPORTUNITIES AND TRENDS WITHIN OUR COMMUNITY. WE HAVE BEEN IMPRESSED WITH HOW ADAPTABLE AND RESILIENT NONPROFITS HAVE BEEN AS THEY WEATHER ONGOING CHALLENGES. WHAT WE LEARNED ON THIS JOURNEY WILL BE CRITICAL IN DRIVING OUR COMMUNITY WORK GOING FORWARD. WOMEN'S GIVING CIRCLES - THE UTAH WOMEN'S GIVING CIRCLE, OGDEN CIRCLE OF GIVING AND THREE CORNERS WOMEN'S GIVING CIRCLE LEVERAGE MODEST, INDIVIDUAL DONATIONS INTO POWERFUL INVESTMENTS FOR PROGRAMS THAT EMPOWER WOMEN AND GIRLS IN UTAH. THESE CIRCLES HOST EDUCATIONAL EVENTS AND HOLD ANNUAL GRANT CYCLES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alexandra Eaton CEO | Officer | 40 | $146,280 |
Brad Dickson Chair | OfficerTrustee | 1.5 | $0 |
Doug Hansen Treasurer | OfficerTrustee | 0.5 | $0 |
Jeramy Lund Board Member | Trustee | 1.5 | $0 |
Marty Tate Board Member | Trustee | 1 | $0 |
Mikelle Barberi- Weil Board Member | Trustee | 0.5 | $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 | $39,924,503 |
Noncash contributions included in lines 1a–1f | $29,384,328 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,924,503 |
Total Program Service Revenue | $100,750 |
Investment income | $1,205,678 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,158,494 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $42,536,089 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $19,056,951 |
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. | $147,178 |
Compensation of current officers, directors, key employees. | $46,528 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $306,390 |
Pension plan accruals and contributions | $9,108 |
Other employee benefits | $9,203 |
Payroll taxes | $36,551 |
Fees for services: Management | $0 |
Fees for services: Legal | $33,188 |
Fees for services: Accounting | $46,651 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $151,656 |
Fees for services: Other | $148,767 |
Advertising and promotion | $16,772 |
Office expenses | $20,159 |
Information technology | $13,980 |
Royalties | $0 |
Occupancy | $47,543 |
Travel | $657 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,056 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,141 |
All other expenses | $2,772 |
Total functional expenses | $20,117,949 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,581,388 |
Savings and temporary cash investments | $12,561,862 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $697,746 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $14,767,458 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,100,000 |
Investments—publicly traded securities | $48,680,806 |
Investments—other securities | $8,798,779 |
Investments—program-related | $0 |
Intangible assets | $70,000 |
Other assets | $355,819 |
Total assets | $90,613,858 |
Accounts payable and accrued expenses | $231,393 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $536,339 |
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 | $767,732 |
Net assets without donor restrictions | $89,786,126 |
Net assets with donor restrictions | $60,000 |
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 | $0 |
Total liabilities and net assets/fund balances | $90,613,858 |
Over the last fiscal year, The Community Foundation Of Utah has awarded $11,571,563 in support to 196 organizations.
Grant Recipient | Amount |
---|---|
Kamas, UT PURPOSE: GENERAL SUPPORT | $1,600,000 |
Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $1,058,255 |
Cedar Grove, NJ PURPOSE: GENERAL SUPPORT | $541,124 |
Cambridge, MA PURPOSE: GENERAL SUPPORT | $500,000 |
Bainbridge Island, WA PURPOSE: GENERAL SUPPORT | $482,000 |
West Jordan, UT PURPOSE: GENERAL SUPPORT | $401,000 |
Over the last fiscal year, we have identified 1 grants that The Community Foundation Of Utah has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Gardiner Adams Foundation Draper, UT PURPOSE: TO SUPPORT PEOPLE OF UKRAINE | $100 |
Beg. Balance | $5,921,599 |
Earnings | $768,520 |
Net Contributions | $1,520,078 |
Other Expense | $79,333 |
Ending Balance | $8,130,864 |
Organization Name | Assets | Revenue |
---|---|---|
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Nevada Community Foundation Inc Las Vegas, NV | $244,409,532 | $23,282,106 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
Jewishcolorado Denver, CO | $81,767,824 | $13,645,129 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
The Community Foundation Boulder, CO | $79,799,287 | $19,282,047 |
Wyoming Community Foundation Laramie, WY | $214,898,852 | $21,534,093 |
Idaho Community Foundation Inc Boise, ID | $229,667,754 | $28,111,141 |