Salt Lake Community College Foundation

EIN: 942886220 501(c)(3) Education

Salt Lake City, UT

Total Revenue
$7,802,073
Total Expenses
$8,009,884
Total Assets
$45,351,460
Net Assets
$42,564,081
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
UT
Phone
8019574247
Tax Period
2024-07-01 to 2025-06-30

Salt Lake Community College Foundation, founded in 1983, is a community nonprofit in the Education sector that reported $7.8M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Net assets of $42.6M represent 65 months of operating reserves.

Mission

THE MISSION OF THE SALT LAKE COMMUNITY COLLEGE FOUNDATION IS TO PROVIDE FUNDRAISING AND SUPPORT FOR SALT LAKE COMMUNITY COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS, ACADEMIC PROGRAMS, BUILDING CONSTRUCTION, FURNISHINGS, AND EQUIPMENT.

Program Service Accomplishments

Program 1
Expenses: $3,551,456

SCHOLARSHIPS PROVIDED TO SALT LAKE COMMUNITY COLLEGE STUDENTS FROM FUNDRAISING ACTIVITIES AND DONATIONS TO THE FOUNDATION.

Program 2
Expenses: $2,135,124

CAPITAL CONTRIBUTION EXPENDITURES FOR CONSTRUCTION OF HERRIMAN, UT CAMPUS, AS WELL AS ADDITIONS TO THE SOUTH CITY CAMPUS.

Program 3
Expenses: $1,947,724

DONOR SPECIFIED DONATIONS SPECIFICALLY GIVEN TO SUPPORT OR IMPROVE CERTAIN PROGRAMS OR DISCIPLINES WITHIN THE COLLEGE, INCLUDING ATHLETICS, GOLDMAN SACHS 10K SMALL BUSINESS, AND DEPARTMENT PROGRAM...

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DONOR SPECIFIED DONATIONS SPECIFICALLY GIVEN TO SUPPORT OR IMPROVE CERTAIN PROGRAMS OR DISCIPLINES WITHIN THE COLLEGE, INCLUDING ATHLETICS, GOLDMAN SACHS 10K SMALL BUSINESS, AND DEPARTMENT PROGRAM FUNDING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,642,938
Program Service Revenue $0
Investment Income $1,148,282
Other Revenue $10,853
TOTAL REVENUE $7,802,073

Expense Breakdown

Grants Paid $7,675,970
Salaries & Benefits $0
Fundraising Expenses $43,717
Program Expenses $7,675,970
Other Expenses $333,914
TOTAL EXPENSES $8,009,884

Year-over-Year Comparison

2024 2023 Change
Revenue $7,802,073 $8,631,197 -0.1%
Expenses $8,009,884 $6,949,687 +0.2%
Net Income $-207,811 $1,681,510 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
17
Employees
N/A
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB WHITTAKER EXECUTIVE DIRECTOR 30.0
Officer Director
$0 $0 $0
KEVIN POTTS CHAIR 2.0
Officer Director
$0 $0 $0
KYLE TREADWAY VICE CHAIR/TREASURER 1.0
Officer Director
$0 $0 $0
AMANDA MORTON TRUSTEE 1.0
Director
$0 $0 $0
BEATRYX WASHINGTON TRUSTEE 1.0
Director
$0 $0 $0
BRYCE WHITTAKER TRUSTEE 1.0
Director
$0 $0 $0
CICI COMPTON TRUSTEE1 1.0
Director
$0 $0 $0
CORALIE ALDER TRUSTEE 1.0
Director
$0 $0 $0
CRAIG SANDBERG TRUSTEE 1.0
Director
$0 $0 $0
EMILY BELL MCCORMICK TRUSTEE 1.0
Director
$0 $0 $0
JESSICA PANTAGESJESSICA PANTAGES TRUSTEE 1.0
Director
$0 $0 $0
JOSE ENRIQUEZ PHD TRUSTEE 1.0
Director
$0 $0 $0
KENNETH BOGGS TRUSTEE 1.0
Director
$0 $0 $0
NIKKI WALKER TRUSTEE 1.0
Director
$0 $0 $0
NORMA CARR TRUSTEE 1.0
Director
$0 $0 $0
PAULA GREEN JOHNSON TRUSTEE 1.0
Director
$0 $0 $0
ROB MOORE TRUSTEE 1.0
Director
$0 $0 $0
ZANE MILLER TRUSTEE 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,802,073 $8,009,884 $45,351,460 $-207,811
2024 No data No data No data No data
2023 $16,495,458 $3,735,082 $36,810,734 $12,760,376
2022 $4,345,877 $3,299,695 $23,210,000 $1,046,182
2021 $7,299,896 $3,773,145 $24,286,482 $3,526,751
2020 $5,095,836 $3,259,275 $17,336,287 $1,836,561
2020 $5,095,836 $3,259,275 $17,336,287 $1,836,561
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