Achelis Foundation
- Assets
- $1.0m
- Revenue
- $84.9k
- Investments
- $903.5k
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 05/1991
- Data as of
- 06/2022
- EIN
- 87-0481479
Organization Overview
Achelis Foundation is located in Salt Lake City, UT. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Achelis 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 06/2022, Achelis Foundation generated $84.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $148.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Achelis Foundation has awarded 255 individual grants totaling $659,690. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAVE OUR CANYONS824 SOUTH 400 WEST #B115SALT LAKE CITY, UTAH 84101WWW.SAVEOURCANYONS.ORG
ROWLAND HALL SAINT MARKS720 SOUTH GUARDSMAN WAYSALT LAKE CITY, UT 84108WWW.ROWLANDHALL.ORG
GIRLS RISING28 VERANDAH PLACEBROOKLYN, NY 11201WWW.GIRLSRISING.ORG
SOCCER WITHOUT BORDERS3700 EASTERN AVEBALTIMORE, MD21224WWW.SOCCERWITHOUTBORDERS.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven B Achelis Trustee | 2 | $0 | |
Kimberly A Achelis Director | 1 | $0 | |
Eric S Achelis Director | 1 | $0 | |
Elizabeth L Frank Director | 1 | $0 | |
Jennifer A Huffine Director | 1 | $0 | |
Michael D Achelis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,495 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,425 |
| Capital Gain Net Income | $48,425 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,920 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,169 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,204 |
| Total operating and administrative expenses | $22,953 |
| Contributions, gifts, grants paid | $125,100 |
| Total expenses and disbursements | $148,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $102,664 |
| 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 | $192,444 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,006,148 |
| 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, Achelis Foundation has awarded $125,100 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
GIRL RISING PURPOSE: TO BENEFIT CHARITY | $10,000 |
SOCCER WITHOUT BOARDERS PURPOSE: TO BENEFIT CHARITY | $7,500 |
ROWLAND HALL ST MARKS PURPOSE: TO ASSIST SCHOOL'S CAPITAL CAMPAIGN | $6,500 |
SAVE OUR CANYONS PURPOSE: TO BENEFIT CHARITY | $5,000 |
Austin, TX PURPOSE: TO BENEFIT CHARITY | $5,000 |
STUDENTS RISING ABOVE PURPOSE: TO BENEFIT CHARITY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Skip Viragh Foundation Inc Reno, NV | $289,471,217 | $23,635,241 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |
Bob And Renee Parsons Foundation Scottsdale, AZ | $28,086,912 | $26,506,603 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |