The David J Nelson Family Foundation Inc
- Assets
- $555.0k
- Revenue
- $113.5k
- Investments
- $425.9k
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 05/2014
- Data as of
- 12/2023
- EIN
- 46-3510689
Organization Overview
The David J Nelson Family Foundation Inc is located in Salt Lake City, UT. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David J Nelson 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 12/2023, David J Nelson Family Foundation Inc generated $113.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $18.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Nelson President | 1 | $0 | |
Molly Nelson Vice-President | 0.5 | $0 | |
Craig Mcquarrie Secretary/treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,497 |
| Interest on Savings | $525 |
| Dividends & Interest | $2,497 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $113,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $59 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,459 |
| Contributions, gifts, grants paid | $15,500 |
| Total expenses and disbursements | $17,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $129,096 |
| 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 | $67,369 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $554,957 |
| 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, The David J Nelson Family Foundation Inc has awarded $15,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB SLC PURPOSE: CHARITABLE PURPOSES | $250 |
HABITAT FOR HUMANITY PURPOSE: CHARITABLE PURPOSES | $1,000 |
HUNTSMAN CANCER INSTITUTE PURPOSE: CHARITABLE PURPOSES | $1,000 |
SALT LAKE RESCUE MISSION PURPOSE: CHARITABLE PURPOSES | $500 |
UTAH FOOD BANK PURPOSE: CHARITABLE PURPOSES | $2,000 |
THE ROAD HOME PURPOSE: CHARITABLE PURPOSES | $500 |