Ascent Credit Union Foundation
Ascent Credit Union Foundation is a private foundation based in Ogden, Utah. Its 2025 grants supported education, children, and community-related activities, with most grant dollars going to recipients in Utah and some to a recipient in Tennessee.
Ascent Credit Union Foundation at a glance
In short: Ascent Credit Union Foundation gave $21K across 17 grants in 2025 (avg $1K), mostly in Utah. 69% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,671
- -40.2% vs 2024
- Grants made (2025)
- 17
- +13.3% vs 2024
- Average grant
- $1,216
- -47.3% vs 2024
- Median grant
- $771
- Total assets
- $113,242
- +0.2% vs 2024
- New grantees (estimate)
- 69% first-time grantees (9 of 13, 2025; small sample)
- Primary geography
- Utah (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Ascent Credit Union Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 4140 Harrison Blvd, Ogden, UT 84403-2437
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ascent Credit Union Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Warm the Soles ($6K). Together the top 10 received $15K.
Organizations only. It also paid 5 grants to individuals ($5,571), which are not listed by name.
Grant Size Distribution
54 grants across all recorded years
The most common grant size was under $50K: 54 grants of 54 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 88% of grant dollars went to recipients in Utah and 12% to a recipient in Tennessee. The listed grants include recipients in several Utah communities, including Ogden, Salt Lake City, Clearfield, Washington Terrace, Brigham City, and Kaysville.
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
Cities
Is Ascent Credit Union Foundation open to new grantees?
69%
first-time grantees, 2025
In 2025, 9 of 13 grantees (69%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $1K; repeat grants $2K. How we count
Medians: $515 first-time, $1K repeat.
- 23% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 433% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $5K (2022) to $37K (2023). In 2025 it made 17 grants totaling $21K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Warm the Soles Ogden, UT | Purchase new shoes for elementary age students in local Title 1 schools | $6,248 |
| 5 grants to individuals Recipients not named | — | $5,571 |
| Sub for Santa Ogden, UT | Purchased hygiene products winter clothing and boots and gifts for families in need. | $2,091 |
| Ogden School Foundation Ogden, UT | Sponsorship of Fall Author event to benefit students in Ogden City School District | $1,500 |
| Childrens Services Society Salt Lake City, UT | Donation to benefit the children this organization supports | $1,001 |
| Royal Family Kids Camp Clearfield, UT | Donation for children attending the Royal Family kids day camp | $1,000 |
| Weber School Foundation Washington Terrace, UT | Charity Auction to benefit the children attending schools in Weber County School District | $771 |
| Eccles Dinosaur Park Ogden, UT | Donation to community dinosaur park for childrens education | $515 |
| Davis Mountain Bike Team Kaysville, UT | Sponsorship of Mountain Bike Team | $500 |
| Ben Lomond High School Ogden, UT | Sponsorship of Girls Soccer Team | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $113,242 | $21,366 | $21,189 | $20,671 | 17 | $20,671 | $3,298 | $4,779 |
| 2024 | $113,065 | $37,359 | $53,599 | $34,591 | 15 | $53,060 | $3,950 | $5,758 |
| 2023 | $129,305 | $167,145 | $39,478 | $37,132 | 22 | $37,132 | $2,598 | $5,846 |
| 2022 | $1,638 | $2,730 | $4,644 | $4,622 | Total only | $4,644 | — | $5 |
| 2021 | $3,552 | $705 | — | — | — | — | — | $123 |
| 2020 | $2,279 | — | — | — | — | — | — | $112 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Under IRS private-foundation payout rules, Ascent Credit Union Foundation reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its listed grants include school-related events, education scholarships and materials, children’s programs, and community activities. The Ogden School Foundation, which received $1,500 in 2025, describes its own mission as enhancing educational opportunities for students in the Ogden School District and motivating students, district employees, and community members to expand their commitment to education.
Grantmaking
In filing year 2025, the foundation gave 17 grants totaling $20,671. Grant amounts ranged from $250 to $6,248, with a median of $771. Notable grants included $6,248 to Warm the Soles for shoes for elementary-age students in local Title 1 schools; $2,500 to an individual recipient in Tennessee for education materials and classes for students at Ogden High School; $2,091 to Sub for Santa for items and gifts for families in need; and $1,500 to the Ogden School Foundation for a fall author event benefiting students in the Ogden City School District. Other grants included support for children’s services, education scholarships, youth programs, and school-related activities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Elene Hess as an officer and Spencer Kitchen, Brock Mortensen, and Cami Higgs as directors.
Ascent Credit Union Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brock Mortensen
Director
On filings since 2020
1 hr/week
No compensation reported
Cami Higgs
Director
On filings since 2020
3 hrs/week
No compensation reported
Spencer Kitchen
Director
On filings since 2020
1 hr/week
No compensation reported
Elene Hess
Officer
On filings since 2022
6 hrs/week
No compensation reported
Former officers (1)
- Former: Vickie van der Have (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Ascent Credit Union Foundation
How much does Ascent Credit Union Foundation give each year?
Ascent Credit Union Foundation gave $21K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 15 grants.
What is Ascent Credit Union Foundation's typical grant size?
Ascent Credit Union Foundation's median grant in 2025 was $771, and its average grant was $1,216, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Ascent Credit Union Foundation that year got $1K on average.
Where does Ascent Credit Union Foundation give grants?
Ascent Credit Union Foundation gives mostly in Utah: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (12%). The most frequent recipient cities were Ogden, UT (6 grants) and Salt Lake City, UT (2 grants).
Does Ascent Credit Union Foundation give general operating support?
Not in 2025: none of the 17 grants with a stated purpose on Ascent Credit Union Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Ascent Credit Union Foundation's largest grantees?
Ascent Credit Union Foundation's largest 2025 grantees include Warm the Soles ($6,248), Sub for Santa ($2,091) and Ogden School Foundation ($1,500), according to its 2025 IRS Form 990-PF. It also paid 5 grants to individuals ($5,571), which are not listed by name. Together they received 48% of its itemized 2025 grant dollars.
How large is Ascent Credit Union Foundation?
Ascent Credit Union Foundation reported $113K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What does Ascent Credit Union Foundation fund?
No mission statement for the foundation is provided. Its listed grants include school-related events, education scholarships and materials, children’s programs, and community activities. See mission & focus areas ↑
How do I apply for a grant from Ascent Credit Union Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ascent Credit Union Foundation's EIN?
Ascent Credit Union Foundation's EIN (Employer Identification Number) is 47-5685430. IRS Form 990 filing data is available on this page for 2020–2025.
Does Ascent Credit Union Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 17, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
- IRS filings on file for fiscal years 2020–2025
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