Overview
What is American Foundation Of Utah Inc?
American Foundation of Utah Inc, based in Phoenix, Arizona, serves as a catalyst for philanthropy, promoting its privatization. Their mission involves facilitating the creation of new and more effective charitable initiatives. The foundation supports this mission by administering charitable remainder trusts, presenting programs to various groups, distributing grants, and covering other related costs associated with their charitable programs. These efforts ultimately contribute to enhancing the philanthropic sector in Utah.
Official website here: www.americanfoundationofutah.org
Is American Foundation Of Utah Inc legitimate?
American Foundation Of Utah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Foundation Of Utah Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.americanfoundationofutah.org
What is the mission statement of American Foundation Of Utah Inc?
The American Foundation of Utah Inc's mission is centered around promoting and facilitating the privatization of philanthropy. By doing so, they aim to generate substantial amounts of new and more efficient philanthropy. Their activities include supporting and executing charitable initiatives directly or indirectly, covering all associated costs. This includes the administration of charitable remainder trusts, presenting programs to groups, distributing grants, and managing various costs related to charitable programs. The ultimate goal is to encourage and enhance philanthropic efforts for a more significant societal impact.
Official website here: www.americanfoundationofutah.org
Who is the CEO of American Foundation Of Utah Inc?
Benson L Schaub is the Director/Ceo of American Foundation Of Utah Inc. The CEO's salary of American Foundation Of Utah Inc is $0 and their total compensation is $0.
Official website here: www.americanfoundationofutah.org
What is the revenue of American Foundation Of Utah Inc?
American Foundation Of Utah Inc's revenue in 2022 was -$1,280,458.
Official website here: www.americanfoundationofutah.org
Who are the executives of American Foundation Of Utah Inc and what are their salaries?
Here are 3 key members and their salaries (American Foundation Of Utah Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.americanfoundationofutah.org
Where can I find the form 990 for American Foundation Of Utah Inc?
American Foundation Of Utah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanfoundationofutah.org
Learn more at the official website: www.americanfoundationofutah.org
Mission Statement of American Foundation Of Utah Inc
The American Foundation of Utah Inc is committed to promoting and facilitating the privatization of philanthropy. This mission is aimed at creating vast amounts of new and more effective philanthropy. The organization accomplishes this by incurring various costs associated with the administration of charitable remainder trusts, presenting program costs to groups, and distributing grants and other costs related to charitable programs. It should be noted that all costs allocated by the American Foundation of Utah Inc directly or indirectly support and effectuate its charitable mission. This mission is at the heart of the organization's operations, focusing on the privatization of philanthropy to make charitable giving more efficient and impactful.
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Impact
October, 2024
American Foundation Of Utah Inc plays a significant role in enhancing philanthropic efforts by advocating for the privatization of philanthropy. Its mission is centered on creating innovative and effective philanthropic avenues, allowing individuals and organizations to contribute more substantially to charitable causes.
The foundation allocates resources strategically, managing costs related to the administration of charitable remainder trusts and program presentations. These efforts not only support the logistics of philanthropy but also aim to facilitate a more direct and impactful distribution of grants and funding to charitable programs.
Through its work, the American Foundation of Utah enhances the landscape of philanthropy, encouraging greater participation and engagement from private entities and individuals. By promoting the privatization of philanthropy, it seeks to unlock new opportunities for funding and support, ultimately leading to more effective philanthropic contributions and an expanded network of resources for various charitable initiatives.
This information is meant to be a general summary of American Foundation Of Utah Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,320,093
- Gross Receipts: $12,220,934
Assets and Liabilities:
- Total Assets: $36,887,939
- Total Liabilities: $0
- Net Assets: $36,887,939
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Organization Details
Founding Year
2006
Phone
(801) 359-3505Principal Officer
Benson L Schaub
Main Address
4518 N 32ND STREET, PHOENIX, AZ, 85018
NTEE Category
Code: T30 - Philanthropy
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