Zions Bancorporation Foundation
- Assets
- $42.8m
- Revenue
- $581.1k
- Investments
- $42.8m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 84-1411938
Organization Overview
Zions Bancorporation Foundation is located in Salt Lake City, UT. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zions Bancorporation 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 12/2023, Zions Bancorporation Foundation generated $581.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Zions Bancorporation Foundation has awarded 943 individual grants totaling $9,391,437. 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 |
|---|---|---|---|
Harris Simmons Trustee/president | 1 | $0 | |
Paul Burdiss Trustee | 1 | $0 | |
Rebecca Robinson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $983,374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$400,490 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,760 |
| Total Revenue | $581,124 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,135 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,646 |
| Total operating and administrative expenses | $71,391 |
| Contributions, gifts, grants paid | $2,169,238 |
| Total expenses and disbursements | $2,240,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,818 |
| 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 | $42,771,035 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,797,853 |
| 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, Zions Bancorporation Foundation has awarded $2,169,238 in support to 232 organizations.
| Grant Recipient | Amount |
|---|---|
AVENUE COMMUNITY DEVELOPMENT CORPORATION PURPOSE: SUPPORT AFFORDABLE HOUSING | $4,700 |
BOOKS BETWEEN KIDS PURPOSE: SUPPORT HOME LIBRARIES | $3,500 |
ANGEL REACH PURPOSE: HELP AT-RISK CHILDREN | $1,750 |
COVENANT COMMUNITY CAPITAL CORPORATION PURPOSE: SUPPORT FINANCIAL EDUCATION | $1,500 |
BROOKWOOD COMMUNITY INC PURPOSE: SUPPORT VOCATIONAL COMMUNITY FOR ADULTS WITH DISABILITIES | $3,040 |
CY-FAIR EDUCATIONAL FOUNDATION PURPOSE: PROVIDE HIGHER EDUCATION OPPORTUNITIES | $2,000 |