T Luke Savage Family Foundation is located in Midvale, UT. The organization was established in 2000. 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. T Luke Savage 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 12/2022, T Luke Savage Family Foundation generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $36.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Savage Trustee & VP | 0 | $0 | |
Susan Savage Trustee / Sec | 0 | $0 | |
Lorrie Savage Gilbert Trustee | 0 | $0 | |
Ty Savage Trustee | 0 | $0 | |
Terrence Savage Trustee | 0 | $0 | |
Troy Savage Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $20,000 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $20,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $1,350 |
Contributions, gifts, grants paid | $35,000 |
Total expenses and disbursements | $36,350 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $104,972 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $104,972 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Over the last fiscal year, T Luke Savage Family Foundation has awarded $9,408,889 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
Indianapolis, IN PURPOSE: UNRESTRICTED | $9,356,589 |
LDS CHURCH PURPOSE: ASSISTANCE TO CHURCH PROGRAMS | $18,600 |
American Fork, UT PURPOSE: SUPPORT FOR SCHOOL PROGRAMS AND STUDY | $10,000 |
BOY SCOUTS OF AMERICA PURPOSE: NATIONAL SCOUTING PROGRAM | $6,600 |
KIDS VILLAGE PURPOSE: SUPPORT FOR COMMUNITY PROGRAMS | $6,400 |
RODS RACING (RACING FOR ORPHANS WITH DOWNS SYMDR) PURPOSE: SUPPORT FOR COMMUNITY PROGRAMS | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
E L Wiegand Foundation Reno, NV | $162,053,300 | $6,450,079 |
Simone Charitable Foundation Inc Scottsdale, AZ | $116,213,813 | $7,192,727 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |
David And Lura Lovell Foundation Tucson, AZ | $13,494,966 | $6,517 |
The Hickey Family Foundation Mesa, AZ | $154,617,141 | $6,519,819 |