Fundet Foundation Inc
Fundet Foundation Inc is a private foundation focused on religion, based in Millcreed, UT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $89.5M in total assets. In 2025, it awarded 3 grants totaling $83K. Net investment income was $4.8M.
Fundet Foundation Inc at a glance
In short: Fundet Foundation Inc gave $83K across 3 grants in 2025 (avg $28K), mostly in Utah. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $82,735
- Grants made (2025)
- 3
- Average grant
- $27,578
- Median grant
- $30,217
- Total assets
- $89,476,974
- +2.5% vs 2024
- Primary geography
- Utah (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Fundet Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was BYU Pathway ($48K). Together the top 3 received $83K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Fundet Foundation Inc gives
- Giving grew 8174% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $1K (2022) to $83K (2025). In 2025 it made 3 grants totaling $83K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BYU Pathway Salt Lake, UT | Education | $47,518 |
| Salt Lake Community College Foundat Salt Lake City, UT | Educations | $30,217 |
| Sleep In Heavenly Peace Kimberly, ID | Charitable | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $89,476,974 | $5,009,357 | $2,602,076 | $82,735 | 3 | $2,519,341 | $4,830,573 |
| 2024 | $87,320,663 | $6,458,093 | $4,145,441 | — | — | $4,043,441 | $4,733,843 |
| 2023 | $86,624,687 | — | $3,372,153 | — | — | $3,269,625 | $3,869,365 |
| 2022 | $87,522,231 | $1,000 | $2,345,333 | $1,000 | 1 | $2,344,333 | $2,664,943 |
| 2021 | $87,150,297 | $9,298,940 | $1,582,303 | — | — | $1,582,303 | $1,083,570 |
| 2020 | $79,433,412 | $2,458,419 | $1,721,664 | — | — | — | $1,132,581 |
| 2019 | $78,696,307 | $11,579,540 | $4,348,379 | — | — | — | $2,555,540 |
Leadership & Key People
Officers and directors from IRS filings
Fundet Foundation Inc is led by Hector Cando, President since 2022 (on filings since 2019); all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Hector Cando
President
Vice President → President, 2022
On filings since 2019
$30K (2024) → $30K (2025)
Hilda Clark
Treasurer
On filings since 2024
$42K (2024) → $42K (2025)
Former officers (1)
- Former: James Craddock (2019–2021) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $42K, to Hilda Clark (Treasurer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Fundet Foundation Inc
How much does Fundet Foundation Inc give each year?
Fundet Foundation Inc gave $83K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Fundet Foundation Inc's typical grant size?
Fundet Foundation Inc's median grant in 2025 was $30,217, and its average grant was $27,578, across 3 grants on its 2025 IRS Form 990-PF.
Where does Fundet Foundation Inc give grants?
Fundet Foundation Inc gives mostly in Utah: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Idaho (6%).
Does Fundet Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Fundet Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Fundet Foundation Inc?
Fundet Foundation Inc reported $89.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $5.0M.
What is Fundet Foundation Inc?
Fundet Foundation Inc is a private foundation focused on religion, based in Millcreed, UT. It holds $89.5M in total assets as of 2025.
What is Fundet Foundation Inc's EIN?
Fundet Foundation Inc's EIN (Employer Identification Number) is 81-0598756. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 19, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 22, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 6, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Fundet Foundation Inc funds
Religion Related Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Fundet Foundation Inc's focus areas in our free grants database
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