Frederick Q Lawson Foundation
- Assets
- $17.6m
- Revenue
- $1.6m
- Investments
- $17.0m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 11/1991
- Data as of
- 12/2023
- EIN
- 87-0481510
Organization Overview
Frederick Q Lawson Foundation is located in Salt Lake City, UT. The organization was established in 1991. 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. Frederick Q Lawson 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 12/2023, Frederick Q Lawson Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Frederick Q Lawson Foundation has awarded 61 individual grants totaling $7,631,621. 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 |
|---|---|---|---|
Frederick Q Lawson Trustee/advisor | 0.5 | $0 | |
Herbert C Livsey Trustee/advisor | 3.5 | $0 | |
Charles H Livsey Trustee/advisor | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maywood Trust Company Llc | 12/30/15 | $58,816 |
Morgan Stanley Smith Barney | 12/30/15 | $50,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $399,938 |
| Interest on Savings | $0 |
| Dividends & Interest | $377,638 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $530,635 |
| Capital Gain Net Income | $530,635 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $289,180 |
| Total Revenue | $1,597,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $68,286 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $141 |
| Printing and publications | $0 |
| Other expenses | $103,028 |
| Total operating and administrative expenses | $275,529 |
| Contributions, gifts, grants paid | $900,000 |
| Total expenses and disbursements | $1,175,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $565,206 |
| 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 | $9,115,697 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,599,838 |
| Accounts payable and accrued expenses | $23,050 |
| 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 | $23,050 |
Grants Awarded
Over the last fiscal year, Frederick Q Lawson Foundation has awarded $900,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BALLET WEST PURPOSE: GENERAL FINANCIAL SUPPORT | $200,000 |
MADELINE CHOIR SCHOOL PURPOSE: GENERAL FINANCIAL SUPPORT | $200,000 |
UTAH SYMPHONYUTAH OPERA PURPOSE: GENERAL FINANCIAL SUPPORT | $100,000 |
AMERICANS FOR OXFORD PURPOSE: GENERAL FINANCIAL SUPPORT | $100,000 |
BRIDGERLAND TECHNICAL COLLEGE FOUNDATION PURPOSE: GENERAL FINANCIAL SUPPORT | $100,000 |
UNIVERSITY OF UTAH COLLEGE OF NURSING PURPOSE: GENERAL FINANCIAL SUPPORT | $100,000 |