Huntsman Mental Health Foundation
- Assets
- $30.8m
- Revenue
- $34.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- Data as of
- 12/2023
- EIN
- 86-1400536
Organization Overview
Huntsman Mental Health Foundation is located in Salt Lake City, UT. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntsman Mental Health 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, Huntsman Mental Health Foundation generated $34.3m in total revenue. All expenses for the organization totaled $12.8m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT RESEARCH AND TREATMENT OF MENTAL HEALTH DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT OF RESEARCH:SUPPORTING AND SPONSORING RESEARCH INTO THE CAUSES OF MENTAL HEALTH DISORDERS, INCLUDING GENETIC LINKS.
COMMUNITY OUTREACH AND EDUCATION:SUPPORTING AND SPONSORING COMMUNITY OUTREACH AND EDUCATION PROGRAMS THAT FOCUS ON DESTIGMATIZING MENTAL HEALTH DISORDERS.
OVERALL EDUCATION AND ADVOCACY:EDUCATING AND INFORMING THE PUBLIC GENERALLY ABOUT MENTAL HEALTH DISORDERS, AS WELL AS THE RESOURCES AVAILABLE FOR TREATING MENTAL HEALTH DISORDERS. EDUCATING AND ADVOCATING FOR SYSTEMATIC CHANGE FOR THE TREATMENT AND PRIORITIZATION OF MENTAL HEALTH DISORDERS. TO THAT END, THE ORGANIZATION WILL SEEK BROAD-BASED PUBLIC FUNDING FOR ITS MENTAL HEALTH INITIATIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christena Durham Chair & Director | OfficerTrustee | 20 | $0 |
Thomas Muir Treasurer & Director | OfficerTrustee | 10 | $0 |
David Huntsman Vice Chair | OfficerTrustee | 20 | $0 |
Mark Rappaport Director (from 12/14/2023) | Trustee | 40 | $0 |
Ronald Moffitt Secretary | OfficerTrustee | 2 | $0 |
Joseph Stampe President & CEO | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alexis Olbrei Media Training And Consulting | 12/30/23 | $150,000 |
Hb Sprague Llc Carpet/furniture For Offices | 12/30/23 | $140,209 |
Mcallister & Quinn Llc Federal Grant Consulting | 12/30/23 | $138,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,435,900 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,735,687 |
| Noncash contributions included in lines 1a–1f | $141,822 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,171,587 |
| Total Program Service Revenue | $0 |
| Investment income | $117,709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,889 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,310,185 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,787,400 |
| 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. | $1,560,849 |
| Compensation of current officers, directors, key employees. | $156,662 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $773,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,119 |
| Fees for services: Accounting | $31,338 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,758,720 |
| Advertising and promotion | $265,018 |
| Office expenses | $50,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $110,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,632 |
| Insurance | $22,471 |
| All other expenses | $54,431 |
| Total functional expenses | $12,820,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,976,342 |
| Savings and temporary cash investments | $3,725,433 |
| Pledges and grants receivable | $24,523,651 |
| 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 | $155,479 |
| Investments—publicly traded securities | $51,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $347,735 |
| Total assets | $30,780,462 |
| Accounts payable and accrued expenses | $312,778 |
| 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 | $0 |
| Total liabilities | $312,778 |
| Net assets without donor restrictions | $30,467,684 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $30,780,462 |