Mission
The Charitable Trust's charitable purposes include accepting donations of business interests, liquidating those interests, and granting those funds to its supported organization, University Impact.
Public Charity
University Impact Charitable Trust
Based in PROVO, UT, University Impact Charitable Trust operates as a Public Charity. The organization reported $26.2M in revenue, $9.5M in expenses, $8.5M in total assets for fiscal year 2024. Imperigo tracks 3 reported grants from this foundation totaling approximately $11.1M.
EIN: 926155360
PROVO, UT
Single Organization Support
NTEE: T11
Latest filing: 2024
Total Revenue$26.2M
Total Expenses$9.5M
Total Assets$8.5M
Grants Given3
Grant Total$11.1M
Filing Years2022–2024
Where $100 goes at University Impact Charitable Trust
How University Impact Charitable Trust divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$85
Programs
the work itself
$15
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $85 for programs
$85
Accepting donations of business interests
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
TO SUPPORT ORGANIZATION
$5,041,510
TO SUPPORT ORGANIZATION
$3,162,166
GENERAL SUPPORT
$2,852,766
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
TRUSTEE
Daniel Blake
TRUSTEE
Hyrum Grenny
TRUSTEE (PART YEAR)
Jacob Lundskog
TRUSTEE (THROUGH JANUARY 2024)
Joellen Nicholson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $26.2M | $9.5M | $8.5M |
| 2023 | $8.2M | $3.5M | $128K |
| 2022 | $10 | — | $10 |
Between 2022 and 2024, reported annual revenue grew from $10 to $26.2M (+262278660%), with total assets most recently reported at $8.5M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in UT.
UT
Full geographic grant map with state-by-state breakdown available with membership.