The Philanthrophy Community Foundation
- Assets
- $236.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 09/2002
- Data as of
- 12/2023
- EIN
- 87-0665692
Organization Overview
The Philanthrophy Community Foundation is located in Salt Lake City, UT. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philanthrophy Community 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, Philanthrophy Community Foundation generated $167.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $151.6k during the year ending 12/2023. While expenses have increased by 4.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BENEFIT THE COMMUNITY THROUGH CHARITABLE GIVING.
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDING TO ASSIST THE POOR THROUGH LOCAL CHARITIES.
ASSIST THE POOR DIRECTLY THROUGH EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven W Bennett Trustee | 0.5 | $0 | |
Monte M Deere Trustee | 0.5 | $0 | |
Kenneth Clifford Trustee | 0.25 | $0 | |
Tom Stuart Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,400 |
| Total Program Service Revenue | $71,925 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,325 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $865 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $151,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,464 |
| Other assets | $0 |
| Total assets | $236,464 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,464 |
Grants Awarded
Over the last fiscal year, The Philanthrophy Community Foundation has awarded $147,975 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM YOUNG UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |
CHURCH OF JESUS CHRIST OF LAT PURPOSE: GENERAL CHARITABLE PURPOSES | $102,225 |
ONTRACK EDUCATIONAL FOUNDATIO PURPOSE: GENERAL CHARITABLE PURPOSES | $15,750 |