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Also known as: FOUNDATION
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Ronald K And Sherrie A Labrum Foundation is a private corporation based in BOUNTIFUL, UT. The foundation received its IRS ruling in 2019. It holds total assets of $768K. Annual income is reported at $240K. Total assets have grown from $150K in 2019 to $813K 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 2020 to 2023. According to available records, Ronald K And Sherrie A Labrum Foundation has made 3 grants totaling $1.4M, with a median grant of $520K. Annual giving has decreased from $800K in 2021 to $620K in 2022. Individual grants have ranged from $100K to $800K, with an average award of $473K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Utah. Contributions to this foundation are tax-deductible.
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.
Ronald K And Sherrie A Labrum Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in UT.
Ronald K And Sherrie A Labrum Foundation has distributed a total of $1.4M across 3 grants. The median grant size is $520K, with an average of $473K. Individual grants have ranged from $100K to $800K.
Ronald K And Sherrie A Labrum Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ronald K And Sherrie A Labrum Foundation is headquartered in BOUNTIFUL, UT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Zachary Labrum | DIRECTOR | $0 | $0 | N/A |
| Ronald K Labrum | DIRECTOR | $0 | $0 | N/A |
| Brandon Labrum | DIRECTOR | $0 | $0 | N/A |
| Brittany Christensen | DIRECTOR | $0 | $0 | N/A |
| Tyler Labrum | DIRECTOR | $0 | $0 | N/A |
| Todd Labrum | DIRECTOR | $0 | $0 | N/A |
Total Giving
$154K
Total Assets
$813K
Fair Market Value
$823K
Net Worth
$809K
Grants Paid
$150K
Contributions
$200K
Net Investment Income
$31K
Distribution Amount
$36K
Total: $167K
Total Grants
3
Total Giving
$1.4M
Average Grant
$473K
Median Grant
$520K
Unique Recipients
2
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Church Of Jesus Christ Latter DayCHARITABLE | Salt Lake City, UT | $520K | 2022 |
| Center For Growth & Opp Utah StateCHARITABLE | Logan, UT | $100K | 2022 |
SALT LAKE CTY, UT
SANDY, UT
SALT LAKE CTY, UT