Doing Good Foundation
- Assets
- $7.7m
- Revenue
- $496.6k
- Investments
- $5.3m
- Employees
- 0
- Location
- Spanish Fork, UT
- Founding
- 06/2002
- Data as of
- 12/2021
- EIN
- 87-0628938
Organization Overview
Doing Good Foundation is located in Spanish Fork, UT. The organization was established in 2002. 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. Doing Good 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, Doing Good Foundation generated $496.6k in total revenue. All expenses for the organization totaled $293.0k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clint B Argyle Trustee | 0 | $0 | |
Sherry Argyle Trustee | 0 | $0 | |
Trenton Argyle Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $1,627 |
| Dividends & Interest | $42,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $451,327 |
| Capital Gain Net Income | $451,327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $496,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $513 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,153 |
| Printing and publications | $0 |
| Other expenses | $22,599 |
| Total operating and administrative expenses | $41,166 |
| Contributions, gifts, grants paid | $251,831 |
| Total expenses and disbursements | $292,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,437,215 |
| 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 | $5,305,667 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,742,882 |
| 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, Doing Good Foundation has awarded $251,831 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCH OF JESUS CHRIST OF LDS PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $171,831 |
THE ACADEMY FOR CREATING ENTERPRISE PURPOSE: TO HELP PEOPLE OF FAITH IN THE DEVELOPING WORLD CREATE ABUNDANT LIVES. TO FUND PROGRAMS AND EVENTS TO TRAIN AND SUPPORT HARD WORKING INDIVIDUALS IN THEIR JOURNEY TO MORE SUSTAINABLE AND FULFILLING LIVES BY STARTING SMALL BUSINESSES. | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Cyrus Tang Foundation Las Vegas, NV | $882,448,132 | $23,435,848 |
Kate B Reynolds Charitable Trust Las Vegas, NV | $458,547,474 | $24,205,244 |
Charles K Blandin Residuary Trust 30/15962 Las Vegas, NV | $0 | $17,582,870 |
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 |