Scott W And Betsy D Thornton Family Foundation
- Assets
- $4.6m
- Revenue
- $2.2m
- Investments
- $4.1m
- Employees
- 0
- Location
- Park City, UT
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 84-1409425
Organization Overview
Scott W And Betsy D Thornton Family Foundation is located in Park City, UT. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Scott W And Betsy D Thornton Family 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, Scott W And Betsy D Thornton Family Foundation generated $2.2m in total revenue. All expenses for the organization totaled $7.2m during the year ending 12/2021.
Since 2018, Scott W And Betsy D Thornton Family Foundation has awarded 185 individual grants totaling $7,253,653. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy D Thornton Trustee | 1 | $0 | |
Ashley Mendenhall Trustee | 1 | $0 | |
Erin Linder Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $587 |
| Interest on Savings | $20,030 |
| Dividends & Interest | $217,031 |
| Net Rental Income | $100 |
| Net Gain on Sale of Assets | $1,945,164 |
| Capital Gain Net Income | $1,945,164 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $697 |
| Total Revenue | $2,183,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,714 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $79,230 |
| Total operating and administrative expenses | $86,518 |
| Contributions, gifts, grants paid | $7,077,553 |
| Total expenses and disbursements | $7,164,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,661 |
| Savings and temporary cash investments | $491,773 |
| 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 | $149,194 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,627,448 |
| 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, Scott W And Betsy D Thornton Family Foundation has awarded $7,077,553 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
THORNTON FAMILY CHARITABLE FUND PURPOSE: GENERAL FUND | $548,190 |
THORNTON FAMILY CHARITABLE FUND PURPOSE: GENERAL FUND | $389,331 |
THORNTON FAMILY CHARITABLE FUND PURPOSE: GENERAL FUND | $351,150 |
THORNTON FAMILY CHARITABLE FUND PURPOSE: GENERAL FUND | $348,702 |
THORNTON FAMILY CHARITABLE FUND PURPOSE: GENERAL FUND | $344,160 |
THORNTON FAMILY CHARITABLE FUND PURPOSE: GENERAL FUND | $332,080 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Dick Scheffel Family Charitable Foundation Reno, NV | $5,433,390 | $2,908,793 |
The W W Smith Charitable Trust Las Vegas, NV | $204,297,707 | $16,939,254 |