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Neal And Sherrie Savage Family Foundation is a private corporation based in MIDVALE, UT. The foundation received its IRS ruling in 2000. The principal officer is Savage Company- Nathan Savag. It holds total assets of $233K. Annual income is reported at $461K. Total assets have grown from $14K in 2011 to $7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Utah. According to available records, Neal And Sherrie Savage Family Foundation has made 87 grants totaling $1.3M, with a median grant of $8K. Annual giving has decreased from $433K in 2021 to $306K in 2023. Grantmaking activity was highest in 2022 with $536K distributed across 37 grants. Individual grants have ranged from $500 to $50K, with an average award of $15K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in Utah, West Virginia, Illinois, which account for 85% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$9K
Average Grant
$18K
Largest Grant
$50K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Neal And Sherrie Savage Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 87 grants. Its grantmaking reaches organizations primarily in UT, WV, IL.
Neal And Sherrie Savage Family Foundation has distributed a total of $1.3M across 87 grants. The median grant size is $8K, with an average of $15K. Individual grants have ranged from $500 to $50K.
Neal And Sherrie Savage Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Neal And Sherrie Savage Family Foundation is headquartered in MIDVALE, UT. While based in UT, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Melissa Ann Clayton | Trustee | $0 | $0 | N/A |
| Malinda Savage Melville | Trustee | $0 | $0 | N/A |
| Anna R Savage | Trustee | $0 | $0 | N/A |
| Greggory James Savage | Pres, Trustee | $0 | $0 | N/A |
| Nathan N Savage | Sec, Treas, Trustee | $0 | $0 | N/A |
| Emilee Jayne Savage Wright | Trustee | $0 | $0 | N/A |
Total Giving
$324K
Total Assets
$7M
Fair Market Value
$9.4M
Net Worth
$7M
Grants Paid
$306K
Contributions
N/A
Net Investment Income
$364K
Distribution Amount
$461K
Total Grants
87
Total Giving
$1.3M
Average Grant
$15K
Median Grant
$8K
Unique Recipients
39
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brigham Young UniversityNeal & Sherrie Savage Performance Missionary Endowed Scholarship Fund | Provo, UT | $50K | 2022 |
| Utah Valley UniversityNeal and Sherrie Savage Executive Classroom Fund | Orem, UT | $50K | 2023 |
| University Of UtahThe Neal and Sherrie Savage Family Foundation Endowed Scholarship Fund in Music | Salt Lake Cty, UT | $25K | 2023 |
| Utah Valley University Foundation IncThe Megan Benedict Scholarship fund | Orem, UT | $20K | 2023 |
| Fox Hollow Elementary SchoolGeneral & Unrestricted | Lehi, UT | $15K | 2023 |
| West Virginia UniversitySavage Family Legacy Scholarship fund | Morgantown, WV | $13K | 2023 |
| Give Hope Guatemala Education Foundation IncGeneral & Unrestricted | Highland, UT | $10K | 2023 |
| Other Side AcademyGeneral & Unrestricted | Salt Lake City, UT | $10K | 2023 |
| Polaris High SchoolAdministration support | American Fork, UT | $10K | 2023 |
| Alzheimers Disease And Related Disorders AssociatiUtah Chapter | Chicago, IL | $10K | 2023 |
| Loveloud FoundationGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Middle East Childrens AllianceHelp for Palestinian children | Berkeley, CA | $10K | 2023 |
| Weber State UniversitySavage Family Legacy Endowed Scholarship Fund | Ogden, UT | $8K | 2023 |
| Hawaii Community FoundationMaui Strong Fund | Honolulu, HI | $5K | 2023 |
| Maui Food Bank IncGeneral & Unrestricted | Wailuku, HI | $5K | 2023 |
| Parkinsons Foundation IncRocky Mountain Chapter | Miami, FL | $5K | 2023 |
| Volunteers Of America IncSalt Lake City Rehab Center | Salt Lake City, UT | $5K | 2023 |
| Council For Native Hawaiian AdvancementKako'o Maui Fund | Kapolei, HI | $5K | 2023 |
| Lupus Foundation Of America IncGeneral & Unrestricted | Washington, DC | $5K | 2023 |
| Haitian RootsGeneral & Unrestricted | Ogden, UT | $5K | 2023 |
| Stand With UkraineGeneral & Unrestricted | N Salt Lake, UT | $4K | 2023 |
| Living Planet IncGeneral & Unrestricted | Draper, UT | $3K | 2023 |
| Timpanogos HighGeneral & Unrestricted | Orem, UT | $2K | 2023 |
| Lymedisease OrgMyLymeData Fund | San Ramon, CA | $10K | 2022 |
| Ok FoundationCarry On Foundation | Salt Lake Cty, UT | $7K | 2022 |
| American Heritage Schools IncSalt Lake Campus | American Fork, UT | $6K | 2022 |
| Provo City School District FoundationCanyon Crest Elementary | Provo, UT | $5K | 2022 |
| Friends Of The Coalitionhousing unit scholarship Fund | Provo, UT | $5K | 2022 |
| Utah Valley RefugeesGeneral & Unrestricted | Provo, UT | $5K | 2022 |
| Alpine School District FoundationCharitable Event | American Fork, UT | $5K | 2022 |
| Live Your DreamGeneral & Unrestricted | Provo, UT | $4K | 2022 |
SALT LAKE CTY, UT
SANDY, UT
SALT LAKE CTY, UT