Catalyst Foundation
- Assets
- $6.0m
- Revenue
- $2.6m
- Investments
- $4.8m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 87-0666762
Organization Overview
Catalyst Foundation is located in Salt Lake City, UT. The organization was established in 2002. 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. Catalyst 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, Catalyst Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $140.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Catalyst Foundation has awarded 277 individual grants totaling $5,536,513. 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 |
|---|---|---|---|
Diana Lady Dougan Chairman, Pres., Trustee | 1 | $0 | |
Gavin M Dougan Secretary, Trustee | 1 | $0 | |
Elena Lady Minton Treasurer, Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,159 |
| Dividends & Interest | $216,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,310,871 |
| Capital Gain Net Income | $2,310,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,573,851 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $64,187 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,855 |
| Total operating and administrative expenses | $102,042 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $140,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,201,325 |
| 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 | $2,419,792 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,955,939 |
| Accounts payable and accrued expenses | $3,396 |
| 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 | $3,396 |
Grants Awarded
Over the last fiscal year, Catalyst Foundation has awarded $38,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BENIE FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
SUN VALLEY WRITERS CONFERENCE PURPOSE: GENERAL CHARITABLE PURPOSE | $8,000 |
LA JOLLA MUSIC SOCIETY PURPOSE: MUSIC EXHIBITION | $5,000 |
SALT LAKE ARTS ACADEMY PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
CENTER FOR CREATIVE EDUCATION FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |