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Filing year 2023

JERRY AND KATHLEEN GRUNDHOFER FOUNDATION

Park City, Utah·EIN 84-3718835·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.9M
Total assets
$25.2M
Total expenses
$1.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. JERRY AND KATHLEEN GRUNDHOFER FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.7M

Itemized grants

8

Median grant

$144k

RecipientLocationPurposeAmount
INTERMOUNTAIN HEALTHCARE FOUNDATION INCSALT LAKE CITY, UT(1) DESCRIPTION: 2,087 SHARES OF MICROSOFT CORPORATION (2) BOOK VALUE: $ 794,876 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/07/2023 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE$770k
INTERMOUNTAIN HEALTHCARE FOUNDATION INCSALT LAKE CITY, UT(1) DESCRIPTION: 638 SHARES OF UNITEDHEALTH GROUP INC (2) BOOK VALUE: $ 333,668 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/07/2023 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE$350k
INTERMOUNTAIN HEALTHCARE FOUNDATION INCSALT LAKE CITY, UT(1) DESCRIPTION: 1,009 SHARES OF APPLE INC SECURITIES (2) BOOK VALUE: $ 177,645 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/07/2023 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE$196k
INTERMOUNTAIN HEALTHCARE FOUNDATION INCSALT LAKE CITY, UT(1) DESCRIPTION: 275 SHARES OF SERVICENOW INC (2) BOOK VALUE: $ 177,749 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/07/2023 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE$188k
Eisenhower Medical CenterRANCHO MIRAGE, CASURGERY CENTER$100k
BOARD OF TRUSTESS - LELAND STANFORD JR UNNIVERSITYREDWOOD CITY, CAGENERAL OPPERATING SUPPORT$75k
BOYS & GIRLS CLUBS OF CHICAGOCHICAGO, ILGENERAL OPPERATING SUPPORT$10k
626 LANDMARK FOUNDATIONCHICAGO, ILGENERAL OPPERATING SUPPORT$10k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Utah

JERRY AND KATHLEEN GRUNDHOFER FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Utah earns a median of $28,062.

25th percentile
$5k
Median
$28,062
75th percentile
$77k
90th percentile
$161k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 146 organizations across 146 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Utah →
FAQ

Common questions about JERRY AND KATHLEEN GRUNDHOFER FOUNDATION

What are JERRY AND KATHLEEN GRUNDHOFER FOUNDATION's revenue and expenses?

In 2023, JERRY AND KATHLEEN GRUNDHOFER FOUNDATION reported $1.9M in total revenue and $1.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.