Overview
What is Utah Foundation?
Utah Foundation is a renowned, independent, nonpartisan, nonprofit research organization situated in Salt Lake City, Utah. With a dedicated workforce of three individuals, their mission revolves around producing unbiased, comprehensive, and well-reasoned research and analysis. This work aims to promote the efficient utilization of public resources, foster a prosperous economy, develop a skilled workforce, and enhance the overall quality of life for Utah residents. In 2022, Utah Foundation contributed significantly to public discourse through various reports, opinion articles, podcasts, and events, engaging with decision-makers and citizens to address complex issues and provide constructive guidance for improving governmental policies, programs, and structures. Their impact was recognized with three national honors and received extensive media coverage more than 75 times.
Official website here: www.utahfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Utah Foundation has achieved a score of 88%, reflecting its strong performance in the Accountability & Finance category, which constitutes its overall rating. The nonprofit boasts a fully independent board, with 19 members, and has effectively demonstrated its commitment to transparency through several strong scores in areas like financial oversight and absence of asset diversion.
However, there are a few areas where the organization could improve. Notably, it lacks certain policies such as a whistleblower policy, document retention policy, and has not posted its tax form on its website, which contributed to lower scores in these specific metrics. These omissions could potentially impact the organization's perceived transparency.
Overall, Utah Foundation exhibits a solid commitment to financial accountability, but addressing the highlighted gaps in governance and transparency policies could enhance its standing and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Utah Foundation legitimate?
Utah Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Foundation 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: $147,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,439
For more financial information, click here
Official website here: www.utahfoundation.org
What is the mission statement of Utah Foundation?
The Utah Foundation is an independent, nonpartisan, nonprofit research organization with a mission to produce objective, thorough, and well-reasoned research and analysis. Their goal is to promote the effective use of public resources, foster a thriving economy, prepare a well-equipped workforce, and enhance the quality of life for Utah's residents. The organization aims to assist decision-makers and citizens in understanding and addressing complex issues, and they offer constructive guidance to improve governmental policies, programs, and structures.
Official website here: www.utahfoundation.org
What is the revenue of Utah Foundation?
Utah Foundation's revenue in 2023 was $496,334.
Official website here: www.utahfoundation.org
Who are the executives of Utah Foundation and what are their salaries?
The average compensation at Utah Foundation during 2023 was $91,360. There are 4 employees and 3 volunteers at Utah Foundation.
Here are 23 key members and their salaries:
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Official website here: www.utahfoundation.org
Where can I find the form 990 for Utah Foundation?
Utah Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.utahfoundation.org
Learn more at the official website: www.utahfoundation.org
Mission Statement of Utah Foundation
The Utah Foundation, an independent, nonpartisan, nonprofit research organization, is dedicated to producing objective, thorough, and well-reasoned research and analysis. Their mission is twofold: firstly, to promote the effective use of public resources, foster a thriving economy, develop a well-prepared workforce, and enhance the quality of life for Utahns. Secondly, they aim to assist decision-makers and citizens in understanding and addressing complex issues, providing constructive guidance to improve governmental policies, programs, and structures. The Utah Foundation serves as a valuable resource, offering insights that contribute to informed decision-making and the betterment of the community.
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Impact
July, 2024
Utah Foundation's impact is significant in guiding policy leaders and shaping various aspects of Utah's society. Through producing objective and thorough research, the organization has directly influenced housing policy, shed light on social issues, addressed police recruitment and retention, promoted energy efficiency, expanded opportunities for post-secondary education, informed infill development, and tracked Utahns' quality of life.
In 2022 alone, Utah Foundation produced 14 major reports, 11 podcasts, 12 op-eds, 6 significant statistics posts, 3 videos, and organized several events. The organization's work was covered extensively in the media, with over 75 appearances throughout the year.
Utah Foundation's active engagement with civic leaders, elected officials, and the public demonstrates its commitment to promoting the effective use of public resources, a thriving economy, a well-prepared workforce, and a high quality of life for Utahns. By providing constructive guidance to improve governmental policies, programs, and structures, Utah Foundation plays a crucial role in fostering positive change in the state of Utah.
This information is meant to be a general summary of Utah Foundation. 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 2023.
- Investment Income: $15,995
- Program Service Revenue: $69,500
- Gross Receipts: $496,334
Assets and Liabilities:
- Total Assets: $595,180
- Total Liabilities: $62,510
- Net Assets: $532,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$35,000
CONSULTING INCOME
Revenue
$34,500
Organization Details
Founding Year
1945
Principal Officer
Shawn Teigen
Website
www.utahfoundation.orgNTEE Category
Code: W99 - Public benefit
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