Tony Finau Foundation
- Assets
- $826.1k
- Revenue
- $330.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lehi, UT
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2111415
Organization Overview
Tony Finau Foundation is located in Lehi, UT. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tony Finau Foundation 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, Tony Finau Foundation generated $330.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $109.5k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TONY FINAU FOUNDATION IS BUILT ON A FAMILY DISCOVERED EXPERIENCE THROUGH THE GAME OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TONY FINAU FOUNDATION GOALS INCLUDE OBTAINING CHARITABLE FUNDS TO OFFER SCHOLARSHIPS, MENTORING KIDS AND FAMILIES WITH THE VALUES AND LIFE LESSONS OF GOLF, AND THE BUILDING OF AN INTERACTIVE LEARNING FACILITY. THIS INCLUSIVE LEARNING FACILITY, SCHOLARSHIP OFFERING, AND MENTORING WILL FOSTER AND EDUCATE UNDERPRIVILEGED CHILDREN AND THEIR FAMILIES. IT WILL HELP SUPPORT THE BOND AMONGST FAMILIES BY PUSHING THEM TO DISCOVER THEIR GIFTS AND TALENTS ON THE WAY TO REACHING THEIR OVERALL POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chelsea Fairbourn Director Of Operations | Officer | 30 | $50,625 |
Tony Finau Chairman | OfficerTrustee | 5 | $0 |
Kelepi Ofahengaue Vice President | Officer | 20 | $0 |
Kelepi Finau President | Officer | 5 | $0 |
Mark Whetzel Director | Trustee | 2 | $0 |
Rich Day Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $294,348 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $471,292 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$140,633 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $330,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,479 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,625 |
| Compensation of current officers, directors, key employees. | $34,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $456 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $160 |
| Office expenses | $12,085 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,261 |
| Travel | $1,297 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $646 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $109,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $821,348 |
| Savings and temporary cash investments | $4,789 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $826,137 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,566 |
| Total liabilities | $5,566 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $820,571 |
| Total liabilities and net assets/fund balances | $826,137 |
Grants Awarded
Over the last fiscal year, Tony Finau Foundation has awarded $31,479 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Salt Lake City, UT PURPOSE: FOOD AND SUPPLIES | $23,065 |
Salt Lake City, UT PURPOSE: DONATE SCHOOL SUPPLIES | $8,414 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tony Finau Foundation has recieved totaling $21,000.
| Awarding Organization | Amount |
|---|---|
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $15,000 |
American Foundation Of Utah Inc Phoenix, AZ PURPOSE: GENERAL | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Development Institute Kansas Denver, CO | $25,496,430 | $27,631,308 |
Urban Land Conservancy Denver, CO | $141,352,888 | $31,846,899 |
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
Summerlin West Community Association Las Vegas, NV | $6,649,685 | $7,076,582 |
First Nations Oweesta Corporation Longmont, CO | $63,460,575 | $8,550,611 |
Mountains Edge Master Association Las Vegas, NV | $9,260,350 | $5,716,442 |
Telluride Mountain Village Owners Association Mountain Village, CO | $58,036,746 | $18,777,626 |
Cplc New Mexico Inc Phoenix, AZ | $8,008,132 | $5,703,819 |
Viridian Residential Association Scottsdale, AZ | $3,949,158 | $4,903,376 |
Vistancia Village A Community Association Scottsdale, AZ | $3,845,113 | $4,265,306 |
Centerra Public Improvement Collection Corporation Loveland, CO | $379,662 | $2,826,725 |
Downtown Phoenix Partnership Inc Phoenix, AZ | $1,235,093 | $3,711,813 |