Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc
- Assets
- $347.7k
- Revenue
- $5.1k
- Investments
- $337.0k
- Employees
- 0
- Location
- Sandy, UT
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-5029757
Organization Overview
Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc is located in Sandy, UT. The organization was established in 2006. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $20.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance Clayton Madsen Sec-Treas | 1 | $0 | |
Kathleen Madsen Morrill Board Member | 1 | $0 | |
David Clayton Madsen President | 1 | $0 | |
Michelle Madsen Ahlgren Board Member | 1 | $0 | |
Karen L Madsen Densford Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $12,716 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,653 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,455 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,075 |
| Contributions, gifts, grants paid | $17,500 |
| Total expenses and disbursements | $20,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,709 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $347,678 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc has awarded $17,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
INTERMOUNTAIN FOUNDATION PRIMARY PURPOSE: CHARITABLE PURPOSES OF PRIMARY CHILDRENS HOSPITAL | $3,000 |
AUTISM SPEAKS PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
CHORES PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
FRIENDS OF UNIFIED POLICE K9 PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
CATHOLIC COMMUNITY SERVICES PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
San Jose, CA PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
The Caesars Foundation Las Vegas, NV | $826,760 | $3,036,101 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |
Gardner Grout Foundation Reno, NV | $45,159,236 | $3,628,309 |
Frederick Gardner Cottrell Foundation Tucson, AZ | $56,298,507 | $10,451,853 |
Call Foundation Salt Lake City, UT | $71,663,445 | $17,181,002 |
Jonathan And Kathleen Altman Foundation Santa Fe, NM | $27,201,618 | $3,082,300 |
Prologis Foundation Denver, CO | $28,249,002 | $8,550,894 |
The Armstrong Foundation Denver, CO | $15,272,297 | $4,890,306 |
Schmitz Family Foundation Denver, CO | $52,849,547 | $5,123,702 |
Larrk Foundation Denver, CO | $16,149,393 | $1,486,799 |
Vodafone Americas Foundation Denver, CO | $7,259,387 | $1,340,282 |