Clark and Christine Ivory Foundation

SALT LAKE CITY, UT EIN: 20-0478665 Website

The Clark and Christine Ivory Foundation is a private grantmaking foundation established in 2003 and located in Salt Lake City, Utah. The foundation operates as a 501(c)(3) organization with a focus on creating opportunities for individuals to advance economically through targeted philanthropic investments.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$326.5M

-1.9% YoY

Annual Giving

$9.0M

-34.7% YoY

Grant Count

-7.5% YoY

Avg Grant Size

$146K

-29.4% YoY

Under IRS private-foundation payout rules, Clark and Christine Ivory Foundation reported a distributable amount of $14.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on supporting individuals by creating opportunities to advance economically. The foundation organizes its work around four primary categories:

Lift & Educate — Supporting education, scholarships, internships, and mentorships
Innovate & Invest in Housing Affordability — Creating affordable housing solutions
Build Sustainable Communities — Developing sustainable community initiatives
Respond to Urgent Economic & Social Needs — Addressing immediate economic and social challenges

The foundation describes itself as a "catalyst for change" while emphasizing continuous assessment and evaluation of results.

Grantmaking

The foundation accepts proposals by invitation only. There is no open application process for unsolicited proposals.

Grant Range

$2,000 to $300,000+

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses on Utah, with some national programs. Grant activity has been documented in Utah, California, and Oregon.

Grant Distribution by State

Utah $15.3M (89%)

California $647K (4%)

Oregon $400K (2%)

Massachusetts $195K (1%)

Louisiana $150K (1%)

District of Columbia $125K (1%)

Illinois $70K (0%)

Connecticut $60K (0%)

+12 more states

States

California Colorado Connecticut District of Columbia Florida Hawaii Idaho Illinois Kansas Louisiana Massachusetts Maryland North Carolina New Jersey New York Oklahoma Oregon Utah Washington Wisconsin

Cities

American ForkAnnapolisBelmontBluffdaleBoiseBostonBountifulCambridgeCedar CityCentervilleCharlotteChicagoCoalvilleCottonwood HeightsDenverEmigration CanyonFarmingtonFarr WestGreen BayGreenwich

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2024):

Total assets: $326.5 million
Total revenues: $21 million
Total expenses: $24.8 million
Annual giving: approximately $13.8 million

Historical Data (2023):

Revenue: $24.3 million
Expenses: $25.5 million
Total assets: $333 million

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$326,524,507	$332,763,252	$258,215,529
Revenue	$21,005,753	$24,264,475	$70,603,196
Expenses	$24,806,465	$25,493,327	$11,535,523
Qualifying Distributions	$9,735,916	$16,836,419	$7,514,489
Net Investment Income	$2,282,268	$640,630	$27,000,628
Distributable Amount	$14,271,556	$11,969,644	$9,024,155

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Church of Jesus Christ of Latter-day Saints ($100,000), Southern Utah University ($75,000), Joint Center for Housing Studies ($75,000).

Recipient	Purpose	Amount
VIEWMONT ELEMENTARY SCHOOL MURRAY, UT	GENERAL FUND	$500
FOUNDATION FORWARD UTAH MURRAY, UT	GENERAL FUND	$750
LUCAS TERRELL KITCHEN COALVILLE, UT	GENERAL FUND	$1,000
TENNIS AND TUTORING UTAH COTTONWOOD HEIGHTS, UT	GENERAL FUND	$2,000
SYMPHONIC CHOIR SALT LAKE CITY, UT	GENERAL FUND	$2,500
WEBER STATE UNIVERSITY OGDEN, UT	GENERAL FUND	$2,500
HINCKLEY INSTITUE OF POLITICS SALT LAKE CITY, UT	GENERAL FUND	$3,715
COVALI & COVALI SRL	GENERAL FUND.	$4,480
THE CHOLANGIOCARCINOMA FOUND RIVERTON, UT	GENERAL FUND	$5,000
HOPE JOY FOUNDATION KAYSVILLE, UT	GENERAL FUND	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Trustees:

Clark D. Ivory (Trustee)
Christine C. Ivory (Trustee)
Abby Ivory (Trustee)
Mary Kathryn Bertha (Trustee)

Staff:

Charles Porter Openshaw (Chief Financial Officer)
Darin E. Haskell (Controller)
Manny Gunter (Assistant Controller)

Clark Ivory is the CEO of Ivory Homes, Utah's leading homebuilder for 30 consecutive years.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CLARK D IVORY	TRUSTEE	1	—
CHRISTINE C IVORY	TRUSTEE	3	—
ABBY IVORY	TRUSTEE	1	—
MARY KATHRYN BERTHA	TRUSTEE	1	—

Recent News & Activity

Recent developments and announcements

2024

In 2024, Clark Ivory received the 45th annual Giant in our City Award from the Salt Lake City Chamber, recognizing his commitment to excellence, leadership, and philanthropy.

Clark and Christine Ivory Foundation Donates $75,000 to Women in Business

The foundation has provided more than 7,000 scholarships, internships, and mentorships at universities, colleges, and high schools across Utah.

Contact Information

Address: 978 E. Woodoak Lane, Salt Lake City, UT 84117

Phone: (801) 747-7000

Email: info@ivoryfoundation.org

Website: www.ivoryfoundation.org

Hours: Monday-Friday, 9am - 5pm

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Clark and Christine Ivory Foundation fund?

The foundation's mission centers on supporting individuals by creating opportunities to advance economically. The foundation organizes its work around four primary categories: • **Lift & Educate** — Supporting education, scholarships, internships, and mentorships • **Innovate & Invest in Housing Affordability** — Creating affordable housing solutions • **Build Sustainable Communities** — Developing sustainable community initiatives • **Respond to Urgent Economic & Social Needs** — Addressing im…

How do I apply for a grant from Clark and Christine Ivory Foundation?

**Grant Activity:** • Made 49-67 grants annually in recent years • Grant range: $2,000 to $300,000+ • Annual giving: approximately $13.8 million (2023) • Recent notable grants include $4.1 million to University of Utah Alpine Ski Club, $1.585 million to This Is the Place Foundation, and $1 million to Community Foundation of Utah **Application Process:** The foundation accepts proposals by invitation only. There is no open application process for unsolicited proposals. **Funding Areas Include:**…

Where does Clark and Christine Ivory Foundation make grants?

The foundation primarily focuses on Utah, with some national programs. Grant activity has been documented in Utah, California, and Oregon.

What size grants does Clark and Christine Ivory Foundation award?

In 2024, Clark and Christine Ivory Foundation awarded 62 grants totaling $9.0M — an average of about $146K per grant, based on its IRS Form 990 filings.

How much is Clark and Christine Ivory Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Clark and Christine Ivory Foundation reported a distributable amount of $14.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Clark and Christine Ivory Foundation's EIN?

Clark and Christine Ivory Foundation's EIN (Employer Identification Number) is 20-0478665. IRS Form 990 filing data is available on this page for 2020–2024.