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Jerry And Kathleen Grundhofer Foundation is a private trust based in PARK CITY, UT. The foundation received its IRS ruling in 2020. The principal officer is % Jacqueline Cruz Cpa. It holds total assets of $31.4M. Annual income is reported at $11.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jerry And Kathleen Grundhofer Foundation has made 17 grants totaling $11.8M, with a median grant of $10K. The foundation has distributed between $5.3M and $6.5M annually from 2021 to 2022. Individual grants have ranged from $5K to $4.5M, with an average award of $694K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in California, Utah, Arizona, which account for 53% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Jerry And Kathleen Grundhofer Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in CA, UT, AZ.
Jerry And Kathleen Grundhofer Foundation has distributed a total of $11.8M across 17 grants. The median grant size is $10K, with an average of $694K. Individual grants have ranged from $5K to $4.5M.
Jerry And Kathleen Grundhofer Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jerry And Kathleen Grundhofer Foundation is headquartered in PARK CITY, UT. While based in UT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerry A Grundhofer | TRUSTEE | $0 | $0 | $0 |
| Kathleen A Grundhofer | TRUSTEE | $0 | $0 | $0 |
| Lauren Grundhofer Peterson | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.8M
Total Assets
$25.2M
Fair Market Value
$25.2M
Net Worth
$25.2M
Grants Paid
$1.7M
Contributions
$1.2M
Net Investment Income
$596K
Distribution Amount
$1.2M
Total: $13.5M
Total Grants
17
Total Giving
$11.8M
Average Grant
$694K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eisenhower Medical CenterSURGERY CENTER | Rancho Mirage, CA | $2.5M | 2022 |
| Turning Point Usa IncGENERAL SUPPORT | Phoenix, AZ | $100K | 2022 |
| Boys & Girls Clubs Of ChicagoGUILD BOARD BALL | Chicago, IL | $10K | 2022 |
| Desert Community FoundationELDORADO SCHOLARSHIP FUND | Palm Desert, CA | $8K | 2022 |
| X Boys Preparatory SchoolGENERAL SUPPORT | Albany, GA | $5K | 2022 |
| Jack Brewer FoundationGENERAL SUPPORT | St Louis Park, MN | $5K | 2022 |
| Intermountain Healthcare Foundation IncCAPITAL EXPANSION AND FINANCIAL ASSISTANCE | Salt Lake City, UT | $4.5M | 2021 |
| St Chrysostom'S Episcopal Church & Day SchoolGENERAL SUPPORT | Chicago, IL | $10K | 2021 |
| Life Skills Fore Pasadena Youth IncSPONSOR A YOUTH PROGRAM | Pasadena, CA | $5K | 2021 |
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