Foothold

Organization Overview

Foothold is located in Salt Lake Cty, UT. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Foothold 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, Foothold generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $519.7k during the year ending 12/2021. While expenses have increased by 36.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

BECKSTRAND AND ASSOCIATES CREDIT UNION - THIS IS A PROGRAM DESIGNED TO HELP STUDENTS STAY IN SCHOOL. THE FREE TO FOCUS FUND HAS BEEN ESTABLISHED TO KEEP STUDENTS IN SCHOOL AND ON SCHEDULE TO GRADUATE


UNIVERSITY OF UTAH READING CLINIC - THE IMPORTANCE OF EDUCATION IS MEANINGFUL TO THE FOUNDATION. THE FUNDS GIVEN TO THE READING PROGRAM HELP HUNDREDS OF DISADVANTAGED CHILDREN LEARN TO READ AT A HIGHER LEVEL THAN WHAT IS POSSIBLE IN A NORMAL CLASSROOM SETTING


GIRLS ON THE RUN IS A PROGRAM DESIGNED TO HELP GIRLS UNDERSTAND THE IMPORTANCE OF PHYSICAL EDUCATION AND HEALTH. THIS PROGRAM TEACHES WELLNESS AND PHYSICAL ACTIVITY PRACTICES TO YOUNG GIRLS.


NEIGHBORHOOD HOUSE HELPS LOW INCOME FAMILIES SUCCEED BY PROVIDING QUALITY AFFORDABLE DAY CARE AND SUPPORT SERVICES TO CHILDREN AND ADULTS BASED ON THEIR NEED


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,514,206
Interest on Savings $0
Dividends & Interest $20,986
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $4,785,423
Net ST Capital Gain $4,533,412
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,535,192

Grants Awarded

Over the last fiscal year, Foothold has awarded $307,600 in support to 6 organizations.

Grant RecipientAmount

BECKSTRAND AND ASSOCIATES CU

PURPOSE: DONATION WAS GIVEN TO THIS CREDIT UNION TO SUPPORT STUDENTS TO STAY IN SCHOOL. THE FREE TO FOCUS FUND HAS BEEN ESTABLISHED TO KEEP STUDENTS IN SCHOOL AND ON SCHEDULE TO GRADUATE

$154,300

UNIVERSITY OF UTAH READING CLINIC

PURPOSE: IMPORTANCE OF EDUCATION. FUNDS WERE PROVIDED TO THE U OF U FOR A CHILDREN'S READING PROGRAM. THE FUNS HELP HUNDREDS OF DISADVANTAGED CHILDREN LEARN TO READ AT A HIGHER LEVEL THAN WHAT IS POSSIBLE IN A NORMAL CLASSROOM SETTING.

$70,750

THE NEIGHBORHOOD HOUSE

PURPOSE: DONATION TO NEIGHBORHOOD HOUSE TO HELP PROVIDE PROGRAMS FOR CHILDREN AND ELDERLY ADULTS WHO NEED CARE DURING THE DAY. DONATIONS MAKE IT POSSIBLE FOR LOWER INCOME FAMILIES TO HAVE THIS TYPE OF SUPPORT

$40,000

GIRLS ON THE RUN

PURPOSE: GIRLS ON THE RUN IS DESIGNED TO HELP GIRLS UNDERSTAND THE IMPORTANCE OF PHYSICAL EDUCATION AND HEALTH. DYNAMIC LESSONS INSTILL VALUABLE LIE SKILLS.

$40,000

HUNTSMAN CANCER FOUNDATION

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: HUNTSMAN CANCER CENTER DONATION WAS MADE TO HELP WITH RESEARCH FOR CANCER TREATMENTS

$2,000

OLYMPUS HIGH SCHOOL

PURPOSE: DONATION WAS GIVEN TO OLYMPUS HIGH SCHOOL TO HELP STUDENTS UNDERSTAND TECHNOLOGY THAT IS BEING USED TO EDUCATE ESPECIALLY DURING THE PANDEMIC ERA

$550
View Grant Profile

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