Janet Q Lawson Foundation
- Assets
- $59.5m
- Revenue
- $3.5m
- Investments
- $57.1m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 11/1991
- Data as of
- 12/2023
- EIN
- 87-0481508
Organization Overview
Janet Q Lawson 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. Janet Q Lawson 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, Janet Q Lawson Foundation generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Janet Q Lawson Foundation has awarded 320 individual grants totaling $34,173,782. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Q Lawson Trustee/advisor | 0.5 | $5,000 | |
Peter Q Lawson Trustee/advisor | 0.5 | $5,000 | |
Ellen E Rossi Trustee/advisor | 0.5 | $5,000 | |
Dr Erik C Erlingsson Trustee/advisor | 0.5 | $5,000 | |
Herbert C Livsey Trustee/advisor | 2.5 | $5,000 | |
Charles H Livsey Trustee/advisor | 0.5 | $5,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs | 12/30/23 | $255,165 |
Ray Quinney & Nebeker Pc | 12/30/23 | $102,074 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,191,884 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,350,278 |
| Capital Gain Net Income | $1,350,278 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $976,865 |
| Total Revenue | $3,519,027 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $93,675 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $160 |
| Printing and publications | $0 |
| Other expenses | $294,286 |
| Total operating and administrative expenses | $827,619 |
| Contributions, gifts, grants paid | $2,672,800 |
| Total expenses and disbursements | $3,500,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,434,388 |
| 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 | $30,996,042 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,505,637 |
| Accounts payable and accrued expenses | $27,259 |
| 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 | $27,259 |
Grants Awarded
Over the last fiscal year, Janet Q Lawson Foundation has awarded $2,672,800 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
UTAH STATE UNIVERSITY PURPOSE: GENERAL FINANCIAL SUPPORT | $1,202,000 |
UNIVERSITY OF UTAH PURPOSE: GENERAL FINANCIAL SUPPORT | $410,000 |
BLACK MESA TRUST PURPOSE: GENERAL FINANCIAL SUPPORT | $20,000 |
THE TRUSTEES OF RESERVATIONS PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |
ALF ENGEN SKI MUSEUM PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |
MOAB MUSIC FESTIVAL PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |