Joan And Tim Fenton Family Foundation
- Assets
- $94.2m
- Revenue
- $10.9m
- Investments
- $92.3m
- Employees
- 0
- Location
- Holladay, UT
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-1409665
Organization Overview
Joan And Tim Fenton Family Foundation is located in Holladay, UT. The organization was established in 2016. 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. Joan And Tim Fenton Family 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, Joan And Tim Fenton Family Foundation generated $10.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Joan And Tim Fenton Family Foundation has awarded 118 individual grants totaling $17,396,578. 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 |
|---|---|---|---|
Joan Fenton Director/president | 4 | $35,000 | |
Tim Fenton Director/vice President | 3 | $21,000 | |
Melissa Fenton Hiller Director | 3 | $21,000 | |
Emily Gustafson Director | 3 | $21,000 | |
Ann Marie Durrant Director | 3 | $21,000 | |
Mark Fenton Director | 3 | $21,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eagle Capital Management Llc | 12/30/21 | $56,063 |
Sepio Capital Llc | 12/30/21 | $143,626 |
Sdi Residual Assets Llc | 12/30/21 | $57,304 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $788,006 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,230,719 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,039,717 |
| Capital Gain Net Income | $5,667,219 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,844,056 |
| Total Revenue | $10,902,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $201,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $95,245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,441 |
| Other expenses | $13,835 |
| Total operating and administrative expenses | $696,513 |
| Contributions, gifts, grants paid | $2,821,922 |
| Total expenses and disbursements | $3,518,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,737 |
| Savings and temporary cash investments | $1,888,488 |
| 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 | $10,399,572 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $94,185,903 |
| Accounts payable and accrued expenses | $28,298 |
| 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 | $28,298 |
Grants Awarded
Over the last fiscal year, Joan And Tim Fenton Family Foundation has awarded $2,821,922 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
WESTMINSTER COLLEGE PURPOSE: GENERAL SUPPORT | $620,000 |
EQUITYTRUST FOUNDATION (LIBERTY & LIFE) PURPOSE: GENERAL SUPPORT | $600,000 |
Lehi, UT PURPOSE: GENERAL SUPPORT | $250,000 |
Sherman Oaks, CA PURPOSE: GENERAL SUPPORT | $250,000 |
THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS PURPOSE: GENERAL SUPPORT | $210,000 |
USANA TRUE HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $105,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Joan And Tim Fenton Family Foundation has recieved totaling $788,006.
| Awarding Organization | Amount |
|---|---|
Sorenson Legacy Foundation Midvale, UT PURPOSE: GENERAL CHARITABLE PURPOSES | $788,006 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Dick Scheffel Family Charitable Foundation Reno, NV | $5,433,390 | $2,908,793 |
The W W Smith Charitable Trust Las Vegas, NV | $204,297,707 | $16,939,254 |