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Filing year 2024

JOSEPH AND KATHLEEN SORENSON LEGACY FOUN

Draper, Utah·EIN 83-2297329·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.5M
Total assets
$101.2M
Total expenses
$5M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President/director
Board President
Median to 75th percentile
$28k
$30k
Vice President/director
Board President
Median to 75th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at JOSEPH AND KATHLEEN SORENSON LEGACY FOUN equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.7M

Itemized grants

63

Median grant

$20k

RecipientLocationPurposeAmount
NEUROWORXSANDY, UTGENERAL SUPPORT$500k
INTERMOUNTAIN HEALTHCARE FOUNDATIONSALT LAKE CITY, UTGENERAL SUPPORT$500k
THE ZAHRA CHARITY INCSALT LAKE CITY, UTGENERAL SUPPORT$385k
THRIVE GULU INCMARLBOROUGH, MAGENERAL SUPPORT$350k
WORLD WIDE ADDICTION RECOVERYSALT LAKE CITY, UTGENERAL SUPPORT$175k
MENTORS INTERNATIONALKAYSVILLE, UTGENERAL SUPPORT$150k
RISE AND REBUILD FOUNDATIONSANDY, UTGENERAL SUPPORT$140k
NATIONAL ABILITY CENTERPARK CITY, UTGENERAL SUPPORT$140k
TENNIS FOR LIFEST GEORGE, UTGENERAL SUPPORT$100k
KOSTOPULOS DREAM FOUNDATIONSALT LAKE CITY, UTGENERAL SUPPORT$100k
SKYLINE RESEARCH INSTITUTEALPINE, UTGENERAL SUPPORT$80k
LOVELAND PLANET AQUARIUMDRAPER, UTGENERAL SUPPORT$80k
UTAH FRIENDS OF AMARSANDY, UTGENERAL SUPPORT$75k
US FRIENDS OF AMARSANDY, UTGENERAL SUPPORT$75k
HOLE IN THE ROCK FOUNDATIONBLUFF, UTGENERAL SUPPORT$68k
THE INTERPRETER FOUNDATIONOREM, UTGENERAL SUPPORT$50k
THE ACADEMY FOR CREATING ENTERPRISELEHI, UTGENERAL SUPPORT$50k
FREEDOM FOUNDATION AT VALLEY FORGEMURRAY, UTGENERAL SUPPORT$50k
BALLET WESTSALT LAKE CITY, UTGENERAL SUPPORT$50k
TIMPANOGOS LEGAL CENTERPROVO, UTGENERAL SUPPORT$40k
THE BECKET FUNDWASHINGTON DC, DCGENERAL SUPPORT$30k
TENNIS & TUTORING PROGRAMSANDY, UTGENERAL SUPPORT$30k
SUTHERLAND INSTITUTESALT LAKE CITY, UTGENERAL SUPPORT$30k
NEIGHBORHOOD HOUSE ASSOCIATIONSALT LAKE CITY, UTGENERAL SUPPORT$30k
HALE CENTER THEATERESANDY, UTGENERAL SUPPORT$30k
Compare this foundation's grantees

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.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 255%.

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

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about JOSEPH AND KATHLEEN SORENSON LEGACY FOUN

What does the Board President of JOSEPH AND KATHLEEN SORENSON LEGACY FOUN earn?

In 2024, the Board President of JOSEPH AND KATHLEEN SORENSON LEGACY FOUN received $28,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at JOSEPH AND KATHLEEN SORENSON LEGACY FOUN compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at JOSEPH AND KATHLEEN SORENSON LEGACY FOUN falls between the median and the 75th percentile. In 2024, the highest total compensation at JOSEPH AND KATHLEEN SORENSON LEGACY FOUN equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are JOSEPH AND KATHLEEN SORENSON LEGACY FOUN's revenue and expenses?

In 2024, JOSEPH AND KATHLEEN SORENSON LEGACY FOUN reported $5.5M in total revenue and $5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.