SALT LAKE CTY, UT
Volkswagen-Stiftung
Quick Facts
- EIN
- 521690493
- Location
- SALT LAKE CTY, UT
- Category
- Philanthropy & Grantmaking
- Total Assets
- $4.9B
- Annual Income
- $512.1M
- IRS Ruling Year
- 1990
- Organization Type
- Trust
- Principal Officer
- % Kirton Mcconkie
- Tax Deductibility
- Contributions are not deductible
About This Foundation
Volkswagen-Stiftung is a private trust based in SALT LAKE CTY, UT. The foundation received its IRS ruling in 1990. The principal officer is % Kirton Mcconkie. It holds total assets of $4.9B. Annual income is reported at $512.1M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$683.1M
2023+83%
Total Assets
$5.2B
2023+26%
Fair Market Value
$6B
2023
Net Worth
$3.8B
2023
Grants Paid
$655M
2023
Contributions
$0
2023
Net Investment Income
$9.6M
2023
Distribution Amount
$0
2023
Total Giving by Year
$177.1M
11$195.1M
12$220.8M
13$262M
14$267.2M
15$318.9M
19$303.8M
20$304.2M
21$372.9M
22$683.1M
23Asset Growth
$3.4B
11$3.5B
12$3.8B
13$3.5B
14$3.4B
15$3.8B
19$4.3B
20$4.2B
21$4.1B
22$5.2B
23Investment Portfolio (2023)
Total: $1.8B
Corporate Stock: $1.6B
Corporate Bonds: $234.1M
Government Obligations: $15.2M
Other Investments: $3B
Corporate Stock (33%)
Corporate Bonds (5%)
Government Obligations (0%)
Other Investments (62%)
Expense Breakdown (2023)
Grants Paid$655M
Depreciation$1.2M
Occupancy$368K
Officer Compensation$320K
Accounting Fees$149K
Travel & Conferences$144K
Legal Fees$121K
Interest$1K
Revenue Sources (2023)
- Dividends
- $1B
- Other Income
- $124M
- Interest
- $7.1M
Financial Details (2023)
- Total Revenue
- $1.2B
- Total Expenses
- $683.1M
- Exempt Purpose Expenses
- $655M
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $1.3B
- Excise Tax
- $382K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
3
Total Giving
$903.5M
Average Grant
$301.2M
Median Grant
$281.4M
Total Giving by Year
$281.4M (1 grants)
20$278.4M (1 grants)
21$343.7M (1 grants)
22Grant Range
Min$278.4M
Max$343.7M
Median: $281.4M
Smallest grantLargest grant
Openness to New Grantees (2022)
0%
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
UT: $903.5M (3)
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
UT$903.5M (3)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Na - Section 4948bN/A | Salt Lake City, UT | $343.7M | 2022 |
| Na - Section 4948bN/A | Salt Lake City, UT | $278.4M | 2021 |
| Na - Section 4948bN/A | Salt Lake City, UT | $281.4M | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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