Foothold is a private corporation based in SALT LAKE CTY, UT. The foundation received its IRS ruling in 2007. The principal officer is % Richard Beckstrand. It holds total assets of $4.5M. Annual income is reported at $81K. Huntsman Cancer Center - for research in the area of cancer treatment. According to available records, Foothold has made 9 grants totaling $11.9M, with a median grant of $30K. Annual giving has decreased from $11.9M in 2022 to $5K in 2023. Individual grants have ranged from $5K to $3.7M, with an average award of $1.3M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Utah. Contributions to this foundation are tax-deductible.
Innovation Center and Innnovation Education Programs: The Innovation Center Program is a program designed to teach people about new technology and show them how it is applied in life. In this program we purchase innovative equipment, donate it to the Innovation Center and have individuals donate their time to teach and instruct others. One of the highlights is to build an electric vehicle from an old VW bus, others involved computers, programing, etc. This program taught over 150 children and adults.
Expenses: $112K
Importance of Education-An education day was held in 2020, whereby a large group of youth ages 8 through 18 where brought in, divided into groups according to age and taught a variety of things depending on their age. The main focus was to encourage them to love to learn and love technology. They were also taught life lessons on how to be safe on the internet. The children learned in an atmosphere where all were etified, feed physically, and given tools to help them reach their potential and be inspired to learn. The children received technology tools to help them learn. The program helped over 130 children.
Expenses: $90K
Worldwide Youth Education: This program sponsor a few youth each year to go to other countries on Humanitarian trips to help develope things such as water resources, homes, schools, etc. Whatever may be needed. These efforts are usually headed up buy third party non-profit entities and we just sponsor individuals to go
Expenses: $3K
Gaming Center: These expenses are some left over expenses that helped finish a program we did the previous year to provide educational experiences to individuals of all ages to learn and experience the up and coming Gaming World where Colleges and Universities have given out scholarships for individuals with talent to compete against other Universities in virtual Games. The center provides opportunities for those that are interested to learn on a highly competitive computers
Expenses: $316
Huntsman Cancer Center - for research in the area of cancer treatment. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in UT.
Foothold has distributed a total of $11.9M across 9 grants. The median grant size is $30K, with an average of $1.3M. Individual grants have ranged from $5K to $3.7M.
Foothold typically selects its grantees rather than accepting unsolicited proposals.
Foothold is headquartered in SALT LAKE CTY, UT.
Total Giving
$134K
Total Assets
$4.7M
Fair Market Value
$7.3M
Net Worth
$4.7M
Grants Paid
$5K
Contributions
$5K
Net Investment Income
$0
Distribution Amount
$0
Total: $3.3M
Total Grants
9
Total Giving
$11.9M
Average Grant
$1.3M
Median Grant
$30K
Unique Recipients
4
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boost FoundationDONATION OF CASH AND STOCKS WERE MADE TO THE BOOST FOUNDATIN TO HELP LOCAL CITIZENS BECOME FLUENT IN THE LOCAL ENGLISH LANGUAGE. THIS IS TO ASSIST THEM TO EXCEL IN SCHOOL AND THE LABOR MARKET AND PREPARE THEM FOR A LIFETIME OF SUCCESS | Salt Lake City, UT | $3.7M | 2022 |
| Millani DiamseMedical Education | Salt Lake City, UT | $5K | 2023 |
| Community Foundation Of UtahDONATION TO COMMUNITY FOUNDATION OF UTAH WAS TO ASSIST WITH THE REFUGEES FLEEING THE UKRANIAN WAR. | Salt Lake City, UT | $30K | 2022 |
| Huntsman Cancer FoundationHUNTSMAN CANCER CENTER DONATION WAS MADE TO HELP WITH RESEARCH FOR CANCER TREATMENTS | Salt Lake City, UT | $20K | 2022 |
Other foundations that have funded Foothold.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Arthur J Gallagher Foundation | $500 | 2023 | GENERAL EXEMPT PURPOSE |
| Jpmorgan Chase Foundation | $400 | 2023 | GENERAL OPERATING SUPPORT |
| Jennifer And Steven Moore Foundation | $5K | 2022 | GENERAL SUPPORT |
| Jennifer And Steven Moore Foundation | $5K | 2022 | GENERAL SUPPORT |
PAYSON, UT
OGDEN, UT
MADISON, AL
SANDY, UT
MECHANICSVLLE, VA
| $300 |
| 2022 |
| GENERAL OPERATING SUPPORT |
| Jpmorgan Chase Foundation | $300 | 2022 | GENERAL OPERATING SUPPORT |
| Jennifer And Steven Moore Foundation | $7K | 2021 | GENERAL SUPPORT |
| Jennifer And Steven Moore Foundation | $8K | 2020 | GENERAL SUPPORT |
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