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Filing year 2024

Neal and Sherrie Savage Family Foundation

Midvale, Utah·EIN 87-0651828·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$461k
Total assets
$233k
Total expenses
$19.6M
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. Neal and Sherrie Savage Family Foundation reported 6 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Pres, Trustee
Sec, Treas, Trustee
Trustee

Grants paid

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

Total granted

$19.6M

Itemized grants

28

Median grant

$10k

RecipientLocationPurposeAmount
DECHOMAI ASSET TRUSTJACKSONVILLE, FLGeneral & Unrestricted (See General Explanation Attachment)$19.1M
UTAH VALLEY UNIVERSITYOREM, UTWoodbury School of Business Hope Scholars Savage Family Legacy Scholarship Fund$200k
OTHER SIDE ACADEMYSALT LAKE CTY, UTGeneral & Unrestricted$30k
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATICHICAGO, ILUtah Chapter$20k
Timpview HighPROVO, UTTo support the Timpview boys basketball plan to build a boys and girls basketball locker room and to purchase two televisions used for displaying ads in the Thunderdome.$20k
UTAH VALLEY UNIVERSITY FOUNDATION INCOREM, UTThe Megan Benedict Scholarships shall be awarded to students involved with the Women's Success Center, with preference given to students enrolled in a program administered by the department of nursing Scholarship Fund$20k
Timpview HighPROVO, UTGeneral & Unrestricted$13k
WEST VIRGINIA UNIVERSITYMORGANTOWN, WVSavage Family Legacy Scholarship Fund$13k
ALPINE SCHOOL DISTRICT FOUNDATIONAMERICAN FORK, UTEmotional Support FUnd$10k
CITIES STRONG FOUNDATIONSALT LAKE CTY, UTGeneral & Unrestricted$10k
DR DALE B HULL FOUNDATION FOR NEUROLOGICAL REHABILSANDY, UTGeneral & Unrestricted$10k
EMBRACE OF CELEBRATION INCCELEBRATION, FLGeneral & Unrestricted$10k
GIVE HOPE GUATEMALA EDUCATION FOUNDATION INCHIGHLAND, UTGeneral & Unrestricted$10k
LUPUS FOUNDATION OF AMERICA INCWASHINGTON, DCGeneral & Unrestricted$10k
PARKINSONS FOUNDATION INCMIAMI, FLRocky Mountain Chapter$10k
UNITED STATES FUND FOR UNICEFNEW YORK, NYTo benefit Children and families in the Gaza Strip$10k
UTAH VALLEY UNIVERSITYOREM, UTPresidential Scholarship Fund$10k
FRIENDS OF THE COALITIONPROVO, UTGeneral & Unrestricted$8k
WEBER STATE UNIVERSITYOGDEN, UTSavage Family Legacy Endowed Scholarship Fund$8k
UTAH VALLEY UNIVERSITYOREM, UTPresidential Scholarship Fund$8k
LYMEDISEASE ORGSAN RAMON, CAGeneral & Unrestricted$7k
UTAH VALLEY UNIVERSITYOREM, UTSam Atoa Endowed Scholarship Fund$7k
DARE TO DREAM PHILIPPINES FOUNDATIONPROVO, UTGeneral & Unrestricted$5k
ALPINE SCHOOL DISTRICT FOUNDATIONAMERICAN FORK, UTPolaris High School Fund$4k
LIVING PLANET INCDRAPER, UTGeneral & Unrestricted$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Neal and Sherrie Savage Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$364k
$324k
2023
$461k
$19.6M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Utah

Neal and Sherrie Savage Family 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 Neal and Sherrie Savage Family Foundation

What are Neal and Sherrie Savage Family Foundation's revenue and expenses?

In 2024, Neal and Sherrie Savage Family Foundation reported $461k in total revenue and $19.6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.