Eccles First Security Foundation
- Assets
- $4.0m
- Revenue
- $1.4m
- Investments
- $2.8m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- Data as of
- 12/2017
- EIN
- 87-6118149
Organization Overview
Eccles First Security Foundation is located in Salt Lake City, UT.
For the year ending 12/2017, Eccles First Security Foundation generated $1.4m in total revenue. All expenses for the organization totaled $223.0k during the year ending 12/2017. While expenses have increased by 0.9% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Verna Lee Johnston Secretary | 4 | $36,000 | |
Spencer P Eccles President & Trustee | 2 | $0 | |
Katherine Ann Eccles Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,813 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,295,369 |
| Capital Gain Net Income | $1,295,369 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,536 |
| Total Revenue | $1,374,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,344 |
| Depreciation | $0 |
| Occupancy | $10,788 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,334 |
| Total operating and administrative expenses | $73,008 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $223,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,173,204 |
| 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 | $2,836,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,010,203 |
| 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 |
Grants Awarded
Over the last fiscal year, Eccles First Security Foundation has awarded $150,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF UTAH PURPOSE: DAVID ECCLES SCHOOL OF BUSINESS SCHOLORSHIP FUND | $50,000 |
UNIVERSITY OF UTAH PURPOSE: ECCLES FIRST SECURITY FOUNDATION RESERVE ACCOUNT | $40,000 |
Logan, UT PURPOSE: JON M. HUNTSMAN SCHOOL OF BUSINESS FOR THE ECCLES FIRST SECURITY FOUNDATION BUSINESS SCHOLARSHIP | $15,000 |
Provo, UT PURPOSE: SCHOLOARSHIPS FOR THE MARRIOTT SCHOOL OF MANAGEMENT | $15,000 |
Cedar City, UT PURPOSE: SCHOLARSHIPS FOR BUSINESS SCHOOL | $10,000 |
Ogden, UT PURPOSE: SCHOLOARSHIPS FOR THE BUSINESS SCHOOL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Ach Child And Family Services Fort Worth, TX | $163,813,747 | $98,425,348 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |