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Filing year 2024

JOSEPH AND KATHLEEN SORENSON LEGACY FOUN

Draper, Utah·EIN 83-2297329·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$5.5M
Total assets
$101.2M
Total expenses
$0
Reported officers
3

Executive compensation

Form 990-PF · Schedule J · 2 reported individuals · Filing year 2024

President/director
unclassified
$28k
$30k
Vice President/director
unclassified
$28k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Down 72%
from 2023

From $101k in 2023 to $28k in 2024.

$101k
2023
$28k
2024
In today's dollarsEst.
Down 73% in real terms$110k to $30k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

JOSEPH AND KATHLEEN SORENSON LEGACY FOUN reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.5M
2023
$5.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn

Comparable philanthropy, voluntarism & grantmaking organizations nationwide pay their highest-earning executive a median of $16,634.

25th percentile
$6k
Median
$16,634
75th percentile
$48k
90th percentile
$116k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 7,831 organizations across 7,831 filings (2021 – 2023).

See full Philanthropy, Voluntarism & Grantmaking compensation data
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