UTAH FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- UTAH FOUNDATION (EIN 87-0199245)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202433209349311408
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T12:44:31-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 460952065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOUNTIFUL PEAK ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1564 SOUTH 500 WEST SUITE 201 | AddressLine1Txt |
| City | BOUNTIFUL | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 840107400 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870199245 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UTAH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UTAH | BusinessNameControlTxt |
| Phone | 8013551400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 387 | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841100387 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHAWN TEIGEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8013551400 | PhoneNum |
| Signature | 2024-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JUSTIN R SHAW CPA CFE CGMA | PreparerPersonNm |
| PTIN | P00081558 | PTIN |
| Phone | 8012943155 | PhoneNum |
| Preparation | 2024-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHAWN TEIGEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 387 | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841100387 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $496,334 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://WWW.UTAHFOUNDATION.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1945 | FormationYr |
| Legal Domicile State | UT | LegalDomicileStateCd |
| Activity Or Mission | UTAH FOUNDATION'S MISSION IS TO PRODUCE OBJECTIVE, THOROUGH AND WELL- REASONED RESEARCH AND ANALYSIS THAT PROMOTES THE EFFECTIVE USE OF PUBLIC RESOURCES, A THRIVING ECONOMY, A WELL-PREPARED WORKFORCE AND A HIGH QUALITY OF LIFE FOR UTAHNS. UTAH FOUNDATION SEEKS TO HELP DECISION-MAKERS AND CITIZENS UNDERSTAND AND ADDRESS COMPLEX ISSUES. UTAH FOUNDATION ALSO OFFERS CONSTRUCTIVE GUIDANCE TO IMPROVE GOVERNMENTAL POLICIES, PROGRAMS AND STRUCTURES. UTAH FOUNDATION IS AN INDEPENDENT, NONPARTISAN, NONPROFIT RESEARCH ORGANIZATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 3 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $423,756 | PYContributionsGrantsAmt |
| CY Contributions Grants | $410,839 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $78,496 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $69,500 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,174 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,995 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $503,426 | PYTotalRevenueAmt |
| CY Total Revenue | $496,334 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $440,194 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $430,615 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $21,405 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $64,044 | PYOtherExpensesAmt |
| CY Other Expenses | $80,029 | CYOtherExpensesAmt |
| PY Total Expenses | $504,238 | PYTotalExpensesAmt |
| CY Total Expenses | $510,644 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$812 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$14,310 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $595,180 | TotalAssetsBOYAmt |
| Total Assets EOY | $568,817 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $62,510 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,457 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $532,670 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $518,360 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | UTAH FOUNDATION'S MISSION IS TO PRODUCE OBJECTIVE, THOROUGH AND WELL- REASONED RESEARCH AND ANALYSIS THAT PROMOTES THE EFFECTIVE USE OF PUBLIC RESOURCES, A THRIVING ECONOMY, A WELL-PREPARED WORKFORCE AND A HIGH QUALITY OF LIFE FOR UTAHNS. UTAH FOUNDATION SEEKS TO HELP DECISION-MAKERS AND CITIZENS UNDERSTAND AND ADDRESS COMPLEX ISSUES. UTAH FOUNDATION ALSO OFFERS CONSTRUCTIVE GUIDANCE TO IMPROVE GOVERNMENTAL POLICIES, PROGRAMS AND STRUCTURES. UTAH FOUNDATION IS AN INDEPENDENT, NONPARTISAN, NONPROFIT RESEARCH ORGANIZATION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $450,154 | ExpenseAmt |
| Revenue | $69,500 | RevenueAmt |
| Desc | OUR WORK IN 2022 IS GUIDING POLICY LEADERS. WE HAVE MADE A DIRECT IMPACT ON HOUSING POLICY. WE ARE SHEDDING BRIGHT NEW LIGHT ON UTAHS SOCIAL FABRIC, UNDERSTANDING POLICE RECRUITMENT AND RETENTION, PUSHING ENERGY EFFICIENCY, OPENING OPPORTUNITIES FOR POST-SECONDARY EDUCATION, INFORMING INFILL DEVELOPMENT, AND TRACKING UTAHNS QUALITY OF LIFE. WE PARTICIPATED IN CONFERENCES, HEARINGS OF PUBLIC BODIES AND SYMPOSIA, AND MET WITH DOZENS OF CIVIC LEADERS AND ELECTED OFFICIALS. OUR WORK WAS COVERED IN THE NEWS MEDIA MORE THAN 75 TIMES. WITH 14 MAJOR REPORTS, 12 OP-EDS, 11 PODCASTS, SIX SIGNIFICANT STATISTICS POSTS, THREE VIDEOS, THREE BREAKFAST BRIEFINGS, AND ONE BRIEF, THE UTAH FOUNDATION ENDED 2022 WITH 50 UNIQUE WORK PRODUCTS. THAT IS NEARLY ONE WORK PRODUCT PER WEEK. UTAH FOUNDATION PRODUCED THE FOLLOWING DURING 2022: - 11 PODCASTS - 14 MAJOR REPORTS - RECEIVED 3 NATIONAL HONORS - PRODUCED 6 SIGNIFICANT STATISTICS - HELD 4 EVENTS - PRODUCED 12 OP-ED ARTICLES - PRODUCED 3 ONLINE VIDEOS - HAD OVER 75 MEDIA APPEARANCES | Desc |
| Total Program Service Expenses | $450,154 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | Yes (true) | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHAWN TEIGEN | PersonNm |
| Phone | 8013551400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 387 | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841100387 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| SHAWN TEIGEN | ||||||
| PRESIDENT | 50.00 | Yes (X) | $146,827 | $0 | $17,862 | |
| BENJAMIN BROWN | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DIRK BURTON | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| JONATHAN CAMPBELL | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CARLTON CHRISTENSEN | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DENISE DRAGOO | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ALEX EATON | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MICHAEL GREGORY | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ANDREW GRUBER | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| JULIE HATCHETT | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ANNALISA HOLCOMBE | ||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ALLY ISOM | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| BRENT JENSON | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CATHERINE KANTER | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| RICHARD LAMBERT | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| LINDA MAKIN | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DUSTIN MATSUMORI | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| KELLY MENDENHALL | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SCOTT PARSON | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| STANLEY ROSENZWEIG | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ART TURNER | ||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CHAD WESTOVER | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MONICA ZOLTANSKI | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $146,827 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $17,862 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $201,989 | MembershipDuesAmt |
| All Other Contributions | $208,850 | AllOtherContributionsAmt |
| Total Contributions | $410,839 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| PROGRAM EVENTS | $35,000 | $35,000 |
| CONSULTING INCOME | $34,500 | $34,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $69,500 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,995 | TotalRevenueColumnAmt |
| Exclusion | $15,995 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $496,334 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $69,500 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $15,995 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,000 | TotalAmt |
| Program Services | $117,600 | ProgramServicesAmt |
| Management And General | $14,700 | ManagementAndGeneralAmt |
| Fundraising | $14,700 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,439 | TotalAmt |
| Program Services | $213,451 | ProgramServicesAmt |
| Management And General | $4,778 | ManagementAndGeneralAmt |
| Fundraising | $210 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,019 | TotalAmt |
| Program Services | $28,394 | ProgramServicesAmt |
| Management And General | $1,207 | ManagementAndGeneralAmt |
| Fundraising | $1,418 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,983 | TotalAmt |
| Program Services | $4,220 | ProgramServicesAmt |
| Management And General | $712 | ManagementAndGeneralAmt |
| Fundraising | $51 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,174 | TotalAmt |
| Program Services | $26,429 | ProgramServicesAmt |
| Management And General | $1,555 | ManagementAndGeneralAmt |
| Fundraising | $1,190 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,215 | TotalAmt |
| Management And General | $6,215 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,028 | TotalAmt |
| Program Services | $19,704 | ProgramServicesAmt |
| Management And General | $3,324 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,351 | TotalAmt |
| Program Services | $19,756 | ProgramServicesAmt |
| Management And General | $281 | ManagementAndGeneralAmt |
| Fundraising | $314 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,002 | TotalAmt |
| Program Services | $11,545 | ProgramServicesAmt |
| Management And General | $1,164 | ManagementAndGeneralAmt |
| Fundraising | $1,293 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,731 | TotalAmt |
| Program Services | $3,832 | ProgramServicesAmt |
| Management And General | $426 | ManagementAndGeneralAmt |
| Fundraising | $473 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,225 | TotalAmt |
| Management And General | $2,225 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MISCELLANEOUS | $6,553 | $4,408 | $490 | $1,655 |
| BANK CHARGES | $1,787 | $1,787 | ||
| LIBRARY | $1,007 | $815 | $91 | $101 |
| LICENSE & PERMITS | $135 | $135 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$5 | TotalAmt |
| Management And General | -$5 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,644 | TotalAmt |
| Program Services | $450,154 | ProgramServicesAmt |
| Management And General | $39,085 | ManagementAndGeneralAmt |
| Fundraising | $21,405 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $545,179 | BOYAmt |
| EOY | $487,098 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,000 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,390 | BOYAmt |
| EOY | $70,840 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,611 | BOYAmt |
| EOY | $10,879 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $595,180 | BOYAmt |
| EOY | $568,817 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,899 | BOYAmt |
| EOY | $50,532 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,611 | BOYAmt |
| EOY | -$75 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,510 | BOYAmt |
| EOY | $50,457 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $532,670 | BOYAmt |
| EOY | $518,360 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $532,670 | BOYAmt |
| EOY | $518,360 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $595,180 | BOYAmt |
| EOY | $568,817 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$14,310 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $490,281 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $539,105 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $618,381 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $423,756 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $410,839 | CurrentTaxYearAmt |
| Total | $2,482,362 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $128,150 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $118,081 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $84,150 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $78,496 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $69,500 | CurrentTaxYearAmt |
| Total | $478,377 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $618,431 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $657,186 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $702,531 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $502,252 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $480,339 | CurrentTaxYearAmt |
| Total | $2,960,739 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $221,600 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $207,416 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $284,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $217,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $204,500 | CurrentTaxYearAmt |
| Total | $1,135,016 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,428 | CurrentTaxYearMinus3YearsAmt |
| Total | $47,244 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $245,416 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $230,844 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $284,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $217,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $204,500 | CurrentTaxYearAmt |
| Total | $1,182,260 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,778,479 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,174 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,995 | CurrentTaxYearAmt |
| Total | $17,237 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,174 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,995 | CurrentTaxYearAmt |
| Total | $17,237 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $618,447 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $657,206 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $702,563 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $503,426 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $496,334 | CurrentTaxYearAmt |
| Total | $2,977,976 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.59720 | PublicSupportCY509Pct |
| Public Support PY509 | 0.61100 | PublicSupportPY509Pct |
| Investment Income CY | 0.01000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | -$75 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | -$75 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $496,334 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $496,334 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $496,334 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $510,644 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $510,644 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $510,644 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHAWN TEIGEN | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $146,827 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $17,862 | DeferredCompensationFlngOrgAmt |
| Total Compensation Filing Org | $164,689 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | UTAH FOUNDATION'S MISSION IS TO PRODUCE OBJECTIVE, THOROUGH AND WELL- REASONED RESEARCH AND ANALYSIS THAT PROMOTES THE EFFECTIVE USE OF PUBLIC RESOURCES, A THRIVING ECONOMY, A WELL-PREPARED WORKFORCE AND A HIGH QUALITY OF LIFE FOR UTAHNS. UTAH FOUNDATION SEEKS TO HELP DECISION-MAKERS AND CITIZENS UNDERSTAND AND ADDRESS COMPLEX ISSUES. UTAH FOUNDATION ALSO OFFERS CONSTRUCTIVE GUIDANCE TO IMPROVE GOVERNMENTAL POLICIES, PROGRAMS AND STRUCTURES. UTAH FOUNDATION IS AN INDEPENDENT, NONPARTISAN, NONPROFIT RESEARCH ORGANIZATION. |
| FORM 990, PAGE 2, PART III, LINE 4A | OUR WORK IN 2022 IS GUIDING POLICY LEADERS. WE HAVE MADE A DIRECT IMPACT ON HOUSING POLICY. WE ARE SHEDDING BRIGHT NEW LIGHT ON UTAHS SOCIAL FABRIC, UNDERSTANDING POLICE RECRUITMENT AND RETENTION, PUSHING ENERGY EFFICIENCY, OPENING OPPORTUNITIES FOR POST-SECONDARY EDUCATION, INFORMING INFILL DEVELOPMENT, AND TRACKING UTAHNS QUALITY OF LIFE. WE PARTICIPATED IN CONFERENCES, HEARINGS OF PUBLIC BODIES AND SYMPOSIA, AND MET WITH DOZENS OF CIVIC LEADERS AND ELECTED OFFICIALS. OUR WORK WAS COVERED IN THE NEWS MEDIA MORE THAN 75 TIMES. WITH 14 MAJOR REPORTS, 12 OP-EDS, 11 PODCASTS, SIX SIGNIFICANT STATISTICS POSTS, THREE VIDEOS, THREE BREAKFAST BRIEFINGS, AND ONE BRIEF, THE UTAH FOUNDATION ENDED 2022 WITH 50 UNIQUE WORK PRODUCTS. THAT IS NEARLY ONE WORK PRODUCT PER WEEK. UTAH FOUNDATION PRODUCED THE FOLLOWING DURING 2022: - 11 PODCASTS - 14 MAJOR REPORTS - RECEIVED 3 NATIONAL HONORS - PRODUCED 6 SIGNIFICANT STATISTICS - HELD 4 EVENTS - PRODUCED 12 OP-ED ARTICLES - PRODUCED 3 ONLINE VIDEOS - HAD OVER 75 MEDIA APPEARANCES |
| FORM 990, PAGE 6, PART VI, LINE 9 | SHAWN TEIGEN P.O. BOX 387 SALT LAKE CITY, UT 84110-0387 |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, BOARD TREASURER, AND BOARD CHAIRMAN FOR ACCURACY AND PROPER PRESENTATION. THE EXECUTIVE DIRECTOR WILL ADDRESS ANY QUESTIONS AND RELAY ANY SUGGESTIONS FOR CHANGE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ENFORCEMENT OF ANY CONFLICTS INCLUDE: (A) APPROVING OR DISAPPROVING ANY TRANSACTION OR SITUATION AT ISSUE; (B) REQUIRING THE DIRECTOR TO REMOVE HIMSELF OR HERSELF FROM POSITIONS IN WHICH THE CONFLICT OF INTEREST EXISTS UNTIL THERE IS NO LONGER A CONFLICT; OR (C) REQUIRING THE DIRECTOR TO DISCONTINUE, REDUCE, OR MODIFY HIS OR HER PARTICIPATION ON THE BOARD, COMMITTEES, OR TASK FORCES WHERE THE CONFLICT EXISTS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE (A NINE-MEMBER COMMITTEE OF THE BOARD GIVEN THE TASK OF GOVERNING THE FOUNDATION'S OPERATIONS MORE CLOSELY THAN THE ENTIRE BOARD.) THE EXECUTIVE COMMITTEE IS INDEPENDENT OF THE INDIVIDUALS WHOSE COMPENSATION IS BEING DETERMINED. IN DETERMINING A REASONABLE LEVEL OF COMPENSATION, BOARD MEMBERS CONSIDER SALARIES PAID TO OTHER SIMILAR POSITIONS IN THE REGION. THE DELIBERATION AND DETERMINATION OF THE EXECUTIVE COMMITTEE IS DONE WITHOUT STAFF PRESENT. THEIR FINAL DECISION IS RECORDED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ORGANIZATION'S OFFICES. |
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