2014-10-28T10:06:48-05:00 2013-12-31 460952065 SHAW & CO PC 1564 SOUTH 500 WEST SUITE 201 BOUNTIFUL UT 840107400 990 2013-01-01 870199245 UTAH FOUNDATION UTAH 8013551400 10 WEST BROADWAY SUITE 307 SALT LAKE CITY UT 841012075 STEPHEN J KROES PRESIDENT 8013551400 2014-10-16 true JUSTIN R SHAW CPA CFE P00081558 8012943155 2014-10-28 2013 2015-11-30 17:44:51Z STEPHEN J HERSHEY KROES 10 WEST BROADWAY SUITE 307 SALT LAKE CITY UT 841012075 383429 false X HTTP://WWW.UTAHFOUNDATION.ORG/ X 1945 UT TO PROMOTE A THRIVING ECONOMY, A WELL-PREPARED WORK FORCE, AND A HIGH QUALITY OF LIFE FOR UTAHNS BY PERFORMING THOROUGH, WELL-SUPPORTED RESEARCH THAT HELPS POLICY MAKERS, BUSINESS AND COMMUNITY LEADERS, AND CITIZENS BETTER UNDERSTAND COMPLEX ISSUES AND PROVIDING PRACTICAL, WELL-REASONED RECOMMENDATIONS FOR POLICY CHANGE. 43 43 5 0 284739 264316 127260 119008 199 105 0 412198 383429 0 0 293922 290115 0 32400 113105 73945 407027 364060 5171 19369 126267 140412 11445 6221 114822 134191 X TO PROMOTE A THRIVING ECONOMY, A WELL-PREPARED WORK FORCE, AND A HIGH QUALITY OF LIFE FOR UTAHNS BY PERFORMING THOROUGH, WELL-SUPPORTED RESEARCH THAT HELPS POLICY MAKERS, BUSINESS AND COMMUNITY LEADERS, AND CITIZENS BETTER UNDERSTAND COMPLEX ISSUES AND PROVIDING PRACTICAL, WELL-REASONED RECOMMENDATIONS FOR POLICY CHANGE. false false 288085 IN 2013, WE PUBLISHED SIX SIGNIFICANT RESEARCH REPORTS FOCUSING ON HIGH- PRIORITY POLICY AND ECONOMIC ISSUES. OUR STUDY ON TRANSPORTATION FUNDING PROVIDED REVENUE ESTIMATES FOR A WIDE RANGE OF TAX OPTIONS, INCLUDING RAISING FUEL TAXES, ADDING SALES TAXES TO FUEL, TAXING MILES DRIVEN, AND MORE. THE REPORT DID NOT RECOMMEND A TAX INCREASE BUT PROVIDED USEFUL DATA FOR POLICYMAKERS AND ADVOCATES CONSIDERING SUCH CHANGES. THIS WORK WAS WIDELY CITED IN THE NEWS MEDIA, AT LEGISLATIVE INTERIM HEARINGS AND DURING THE RECENT LEGISLATIVE SESSION. WE ARE QUITE PROUD OF OUR SECOND STUDY ON LONG-TERM ECONOMIC MOBILITY IN UTAH, COMPILED WITH THE COLLABORATION OF THE UTAH STATE TAX COMMISSION, EVALUATING HOW MANY UTAHNS WERE ABLE TO MOVE UP THE INCOME LADDER SINCE 1994. THAT INFORMATION IS AVAILABLE NOWHERE ELSE. OUR EDUCATION STUDY ON PEER STATES FULFILLED A LONG-HELD DESIRE TO SHOW THE EDUCATION STRATEGIES THAT ARE WORKING IN STATES THAT ARE ECONOMICALLY AND DEMOGRAPHICALLY SIMILAR TO UTAH. THE UTAH FOUNDATION QUALITY OF LIFE INDEX IS A MAJOR UNDERTAKING THAT SHOWS THE FACTORS THAT MATTER MOST FOR THE QUALITY OF LIFE IN OUR COMMUNITIES AND PROVIDES A CURRENT RATING OF EACH FACTOR, SHOWING AREAS THAT ARE STRENGTHS AND THOSE THAT ARE PROBLEMS NEEDING THE ATTENTION OF POLICYMAKERS AND CITIZENS. 2013 UTAH FOUNDATION PUBLICATIONS: MARCH: FUELING OUR FUTURE, 2013-2040: POLICY OPTIONS TO ADDRESS UTAH'S TRANSPORTATION NEEDS JUNE: SAGEBRUSH REBELLION PART II: ANALYSIS OF THE PUBLIC LANDS DEBATE IN UTAH AUGUST: CLIMBING TOWARD THE AMERICAN DREAM: A SECOND ANALYSIS OF ECONOMIC MOBILITY IN UTAH OCTOBER: INSPIRATIONS AND ASPIRATIONS: A SURVEY OF 2013 UTAH HIGH SCHOOL GRADUATES OCTOBER: ELEVATING STUDENT ACHIEVEMENT: SUCCESSFUL EDUCATION POLICIES AND PRACTICES IN UTAH'S PEER STATES NOVEMBER: UTAH FOUNDATION QUALITY OF LIFE INDEX: 2013 EDITION SHOWS CONCERNS ABOUT JOBS, K-12 EDUCATION AND AIR QUALITY OUR 2013 ANNUAL MEETING FOCUSED ON THE TWIN PRIORITIES OF TRANSPORTATION AND EDUCATION INVESTMENT. IT WAS A VERY POPULAR EVENT, WITH GREAT MEDIA COVERAGE. WE ALSO HELD A LUNCHEON IN NOVEMBER HIGHLIGHTING OUR QUALITY OF LIFE INDEX, WITH RECOGNIZED EXPERTS OFFERING OPINION ON HOW TO IMPROVE LIFE IN UTAH. OUR WORK WAS CITED IN AT LEAST 50 NEWS MEDIA ARTICLES IN 2013. 76,000 PEOPLE VISITED OUR WEBSITE AND VIEWED 37,000 COPIES OF OUR RESEARCH REPORTS LAST YEAR. OUR PRESENCE ON FACEBOOK AND TWITTER ALSO GREW. JUST RECENTLY, WE UNVEILED A COMPLETELY NEW DESIGN OF OUR WEBSITE (WWW.UTAHFOUNDATION.ORG). TAKE A LOOK AND BROWSE OUR NEW POLICY BLOG, WITH WEEKLY ARTICLES ON CURRENT UTAH POLICY TOPICS. 288085 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 2 0 true 5 true false false false false false true true false false false false X 43 43 false false true false false false false true true false false true false false false true false false UT X X STEPHEN J HERSHEY KROES 8013551400 10 W BROADWAY STE 307 SALT LAKE CITY UT 841012075 DAN ADAMS TRUSTEE 1.00 X 0 0 0 MICHAEL ALLEGRA TRUSTEE 1.00 X 0 0 0 BRYSON GARBETT TREASURER 1.00 X 0 0 0 DAVID ENTWISTLE TRUSTEE 1.00 X 0 0 0 TIM SHEEHAN TRUSTEE 1.00 X 0 0 0 GREG HARDY TRUSTEE 1.00 X 0 0 0 JAMES HEWLETT TRUSTEE 1.00 X 0 0 0 DOUGLAS ANDERSON TRUSTEE 1.00 X 0 0 0 JOHN HANSHAW TRUSTEE 1.00 X 0 0 0 FRED ESPLIN TRUSTEE 1.00 X 0 0 0 VAUGHN HOLBROOK TRUSTEE 1.00 X 0 0 0 BYRON JORGENSON TRUSTEE 1.00 X 0 0 0 CID SEIDELMAN TRUSTEE 1.00 X 0 0 0 JUSTIN JONES TRUSTEE 1.00 X 0 0 0 SCOTT PARSON TREASURER 1.00 X 0 0 0 HARRIS SIMMONS TRUSTEE 1.00 X 0 0 0 DAVID BIRD TRUSTEE 1.00 X 0 0 0 DENNIS LLOYD TRUSTEE 1.00 X 0 0 0 CHRIS TILLACK TRUSTEE 1.00 X 0 0 0 RODNEY BRADY TRUSTEE 1.00 X 0 0 0 F ANN MILLNER TRUSTEE 1.00 X 0 0 0 MARK BUCHI TRUSTEE 1.00 X 0 0 0 LYNN AMES TRUSTEE 1.00 X 0 0 0 DOUG MATSUMORI TRUSTEE 1.00 X 0 0 0 ELIZABETH HITCH TRUSTEE 1.00 X 0 0 0 ROB CAMPBELL TRUSTEE 1.00 X 0 0 0 EDWARD LAMB TRUSTEE 1.00 X 0 0 0 CHARLIE LANSCHE TRUSTEE 1.00 X 0 0 0 GREGORY POULSEN TRUSTEE 1.00 X 0 0 0 DANIEL HARBEKE CHAIRMAN 1.00 X 0 0 0 BRENT JENSEN TRUSTEE 1.00 X 0 0 0 TOM LOVE TRUSTEE 1.00 X 0 0 0 SCOTT BROWN TRUSTEE 1.00 X 0 0 0 LINDA MAKIN TRUSTEE 1.00 X 0 0 0 LANE BEATTIE TRUSTEE 1.00 X 0 0 0 MARK WALKER TRUSTEE 1.00 X 0 0 0 MARK BOUCHARD TRUSTEE 1.00 X 0 0 0 MIKE WASHBURN TRUSTEE 1.00 X 0 0 0 PETER MANN TRUSTEE 1.00 X 0 0 0 BRAD SHAFER TRUSTEE 1.00 X 0 0 0 LAVARR WEBB TRUSTEE 1.00 X 0 0 0 CHAD WESTOVER TRUSTEE 1.00 X 0 0 0 STEPHEN J HERSHEY KROES PRESIDENT 40.00 X 139204 0 16186 139204 16186 1 false true false 264316 264316 CONSULTING INCOME 102208 102208 PROGRAM EVENT 16800 16800 119008 105 105 383429 119008 105 141000 98700 21150 21150 98549 90544 5200 2805 33961 26829 3736 3396 16605 13117 1827 1661 5319 5319 12342 12342 12465 9847 1371 1247 17376 13727 1911 1738 7552 6721 831 2264 1789 249 226 PROGRAM EVENT EXPENSES 13074 13074 MISCELLANEOUS 2987 948 1919 120 LIBRARY 566 447 62 57 364060 288085 43575 32400 14232 22966 48858 97273 6140 44775 10175 53618 45473 10409 8145 1853 1853 126267 140412 11445 6221 11445 6221 X 114822 124191 10000 114822 134191 126267 140412 19369 X false true X true false X 205725 250915 256345 284739 184700 1182424 27570 106304 41237 127260 119008 421379 233295 357219 297582 411999 303708 1603803 122700 145000 145200 174750 147200 734850 5000 5000 15000 5000 7500 37500 127700 150000 160200 179750 154700 772350 831453 800 530 409 199 105 2043 800 530 409 199 105 2043 234095 357749 297991 412198 303813 1605846 0.51780 0.51190 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11105 2996 8109 42513 42477 36 8145 383429 383429 383429 364060 364060 364060 X X X X false false false false false false false false false STEPHEN J HERSHEY KROES PRESIDENT 139204 16186 155390 FORM 990 - ORGANIZATION'S MISSION TO PROMOTE A THRIVING ECONOMY, A WELL-PREPARED WORK FORCE, AND A HIGH QUALITY OF LIFE FOR UTAHNS BY PERFORMING THOROUGH, WELL-SUPPORTED RESEARCH THAT HELPS POLICY MAKERS, BUSINESS AND COMMUNITY LEADERS, AND CITIZENS BETTER UNDERSTAND COMPLEX ISSUES AND PROVIDING PRACTICAL, WELL-REASONED RECOMMENDATIONS FOR POLICY CHANGE. FORM 990, PAGE 2, PART III, LINE 4A OUR EDUCATION STUDY ON PEER STATES FULFILLED A LONG-HELD DESIRE TO SHOW THE EDUCATION STRATEGIES THAT ARE WORKING IN STATES THAT ARE ECONOMICALLY AND DEMOGRAPHICALLY SIMILAR TO UTAH. THE UTAH FOUNDATION QUALITY OF LIFE INDEX IS A MAJOR UNDERTAKING THAT SHOWS THE FACTORS THAT MATTER MOST FOR THE QUALITY OF LIFE IN OUR COMMUNITIES AND PROVIDES A CURRENT RATING OF EACH FACTOR, SHOWING AREAS THAT ARE STRENGTHS AND THOSE THAT ARE PROBLEMS NEEDING THE ATTENTION OF POLICYMAKERS AND CITIZENS. 2013 UTAH FOUNDATION PUBLICATIONS: MARCH: FUELING OUR FUTURE, 2013-2040: POLICY OPTIONS TO ADDRESS UTAH'S TRANSPORTATION NEEDS JUNE: SAGEBRUSH REBELLION PART II: ANALYSIS OF THE PUBLIC LANDS DEBATE IN UTAH AUGUST: CLIMBING TOWARD THE AMERICAN DREAM: A SECOND ANALYSIS OF ECONOMIC MOBILITY IN UTAH OCTOBER: INSPIRATIONS AND ASPIRATIONS: A SURVEY OF 2013 UTAH HIGH SCHOOL GRADUATES OCTOBER: ELEVATING STUDENT ACHIEVEMENT: SUCCESSFUL EDUCATION POLICIES AND PRACTICES IN UTAH'S PEER STATES NOVEMBER: UTAH FOUNDATION QUALITY OF LIFE INDEX: 2013 EDITION SHOWS CONCERNS ABOUT JOBS, K-12 EDUCATION AND AIR QUALITY OUR 2013 ANNUAL MEETING FOCUSED ON THE TWIN PRIORITIES OF TRANSPORTATION AND EDUCATION INVESTMENT. IT WAS A VERY POPULAR EVENT, WITH GREAT MEDIA COVERAGE. WE ALSO HELD A LUNCHEON IN NOVEMBER HIGHLIGHTING OUR QUALITY OF LIFE INDEX, WITH RECOGNIZED EXPERTS OFFERING OPINION ON HOW TO IMPROVE LIFE IN UTAH. OUR WORK WAS CITED IN AT LEAST 50 NEWS MEDIA ARTICLES IN 2013. 76,000 PEOPLE VISITED OUR WEBSITE AND VIEWED 37,000 COPIES OF OUR RESEARCH REPORTS LAST YEAR. OUR PRESENCE ON FACEBOOK AND TWITTER ALSO GREW. JUST RECENTLY, WE UNVEILED A COMPLETELY NEW DESIGN OF OUR WEBSITE (WWW.UTAHFOUNDATION.ORG). TAKE A LOOK AND BROWSE OUR NEW POLICY BLOG, WITH WEEKLY ARTICLES ON CURRENT UTAH POLICY TOPICS. FORM 990, PAGE 6, PART VI, LINE 4 CHANGED THE ORGANIZATION'S BYLAWS IN DECEMBER 2013. 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 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.