Emma Eccles Jones Foundation
- Assets
- $107.9m
- Revenue
- $15.6m
- Investments
- $99.3m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 10/1973
- Data as of
- 08/2022
- EIN
- 87-6155073
Organization Overview
Emma Eccles Jones Foundation is located in Salt Lake City, UT. The organization was established in 1973. 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. Emma Eccles Jones 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 08/2022, Emma Eccles Jones Foundation generated $15.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $7.1m during the year ending 08/2022. While expenses have increased by 7.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Emma Eccles Jones Foundation has awarded 73 individual grants totaling $10,952,750. 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 |
|---|---|---|---|
Spencer Eccles Trustee | 3 | $26,000 | |
Robert Hatch Trustee | 3 | $26,000 | |
Ellen Rossi Advisory Committee | 1 | $6,000 | |
Clark Giles Trustee | 1 | $6,000 | |
Katherine Eccles Advisory Committee | 1 | $6,000 | |
Frederick Lawson Trustee | 1 | $6,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Cynosure Group | 8/30/20 | $192,460 |
The Cynosure Group | 8/30/20 | $0 |
Fidelity | 8/30/20 | $0 |
Fidelity | 8/30/20 | $139,537 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,101,437 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,752,391 |
| Capital Gain Net Income | $8,752,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,742,044 |
| Total Revenue | $15,595,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $76,000 |
| Other employee salaries and wages | $20,300 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $360,966 |
| Depreciation | $0 |
| Occupancy | $4,150 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $548,349 |
| Total operating and administrative expenses | $1,857,620 |
| Contributions, gifts, grants paid | $5,290,000 |
| Total expenses and disbursements | $7,147,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,661,123 |
| 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 | $69,242,149 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $107,937,464 |
| 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, Emma Eccles Jones Foundation has awarded $5,290,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF UTAH SPENCER FOX ECCLES MEDICAL SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $1,500,000 |
UNIVERSITY OF UTAH EEJ FUND CO DEVELOPMENT OFFICE PURPOSE: GENERAL OPERATING SUPPORT | $950,000 |
Salt Lake City, UT PURPOSE: GENERAL OPERATING SUPPORT | $515,000 |
UNIVERSITY OF UTAH COLLEGE OF EDUCATION PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
UTAH STATE UNIVERSITY NURSING PROGRAM PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
Salt Lake City, UT PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Kemper & Ethel Marley Foundation Phoenix, AZ | $235,853,723 | $45,107,707 |
Lannan Foundation Santa Fe, NM | $172,893,423 | $11,573,580 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Katherine W Dumke & Ezekiel R Dumke Jr Foundation Kaysville, UT | $0 | $4,334 |