Davis Technical College Foundation Inc

Organization Overview

Davis Technical College Foundation Inc is located in Kaysville, UT. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davis Technical College 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.

For the year ending 06/2023, Davis Technical College Foundation Inc generated $579.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $540.6k during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATIONS MISSION IS TO PROVIDE ESSENTIAL SUPPORT TO DAVIS TECHNICAL COLLEGE, EMPOWERING ALL INDIVIDUALS TO CHANGE THEIR LIVES THROUGH ACCESSIBLE TECHNICAL EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDED SCHOLARSHIPS, EQUIPMENT, AND FINANCIAL SUPPORT TO STUDENTS OF THE DAVIS TECHNICAL COLLEGE AS WELL AS DIRECTLY TO THE COLLEGE ITSELF FOR THE BENEFIT OF ALL STUDENTS. STUDENTS BENEFITED FROM REDUCED TUITION COSTS AND THE COMMUNITY WAS STRENGTHENED BY A MORE EDUCATED WORKFORCE.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Smith
Past Chair
$0
Peter Watkins
Chair
$0
Adam Toone
Board Liaison
$0
Clark Moss
Treasurer
$0
Lloyd Carr
Member
$0
Darren Godfrey
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$43,397
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$407,260
Noncash contributions included in lines 1a–1f $137,219
Total Revenue from Contributions, Gifts, Grants & Similar$450,657
Total Program Service Revenue$0
Investment income $44,749
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $74,987
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $9,078
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $579,471

Grants Awarded

Over the last fiscal year, Davis Technical College Foundation Inc has awarded $241,340 in support to 2 organizations.

Grant RecipientAmount

DAVIS TECHNICAL COLLEGE

PURPOSE: Education Materials

$117,312

DAVIS TECHNICAL COLLEGE-OTHER

PURPOSE: Education and Materials

$124,028
View Grant Profile

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