University Venture Fund is located in Salt Lake City, UT. The organization was established in 2003. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. University Venture Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, ALLOWING THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Lee Sorenson Director | 1 | $0 | |
Taylor Randall Chairman | 1 | $0 | |
Ladd E Christensen Director | 1 | $0 | |
Mac Lapollette Director | 1 | $0 | |
Tom Miner Director | 1 | $0 | |
Jeramy Lund Managing Dir | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $0 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $693 |
Total expenses | $693 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,588 |
Other assets | $0 |
Total assets | $42,588 |
Total liabilities | $0 |
Net assets or fund balances | $42,588 |