Jerry and Kathleen Grundhofer Foundation
Jerry and Kathleen Grundhofer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARK CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.4M in total assets. In 2024, it awarded 11 grants totaling $1.6M. Net investment income was $2.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31.4M
+24.5% YoY
Annual Giving
$1.6M
-3.1% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$150K
-29.5% YoY
Under IRS private-foundation payout rules, Jerry and Kathleen Grundhofer Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
About Jerry and Kathleen Grundhofer Foundation
Based on IRS filings
Jerry and Kathleen Grundhofer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARK CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.4M in total assets. In 2024, it awarded 11 grants totaling $1.6M. Net investment income was $2.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,388,974 | $25,214,767 | $22,927,684 |
| Revenue | $6,113,411 | $1,863,084 | $1,124,757 |
| Expenses | $1,780,750 | $1,836,461 | $2,845,503 |
| Qualifying Distributions | $1,668,464 | $1,719,709 | $2,691,884 |
| Net Investment Income | $2,200,569 | $595,898 | $1,036,497 |
| Distributable Amount | $1,428,070 | $1,222,593 | $1,157,791 |
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
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Intermountain Healthcare Foundation Inc ($529,710), Intermountain Healthcare Foundation Inc ($296,860), Intermountain Healthcare Foundation Inc ($288,443).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUBS OF CHICAGO CHICAGO, IL | GENERAL OPPERATING SUPPORT | $10,000 |
| 626 LANDMARK FOUNDATION CHICAGO, IL | GENERAL OPPERATING SUPPORT | $10,000 |
| BOARD OF TRUSTESS - LELAND STANFORD JR UNNIVERSITY REDWOOD CITY, CA | GENERAL OPPERATING SUPPORT | $100,000 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | (1) DESCRIPTION: 1,114 SHARES OF ADVANCED MICRO DEVICES, INC. SECURITIES (2) BOOK VALUE: $ 91,525 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASED PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/14/2024 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE | $155,937 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | (1) DESCRIPTION: 3,000 SHARES OF ALPHABET INC. SECURITIES (2) BOOK VALUE: $ 98,403 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE PRICE PER SHARE. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/14/2024 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE | $529,710 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | (1) DESCRIPTION: 500 SHARES OF META PLATFORMS, INC. SECURTIIES (2) BOOK VALUE: $ 47,935 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE PRICE PER SHARE. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/14/2024 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE | $288,443 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | (1) DESCRIPTION: 700 SHARES OF MICROSOFT CORP SECURITIES (2) BOOK VALUE: $41,833 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE PRICE PER SHARE. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/14/2024 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE | $296,860 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | (1) DESCRIPTION: 249 SHARES OF PALO ALTO NETWORKS, INC. SECURITIES (2) BOOK VALUE: $ 42,639 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASED PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/14/2024 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE | $99,249 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | (1) DESCRIPTION: 100 SHARES OF SERVICE NOW, INC. SECURITIES (2) BOOK VALUE: $23,105 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE PRICE PER SHARE. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/14/2024 (6) PURPOSE: PHYSICIAN RECRUITMENT AND CHARITY CARE | $104,300 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION INC SALT LAKE CITY, UT | PHYSICIAN RECRUITMENT AND CHARITY CARE | $21,641 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERRY A GRUNDHOFER | TRUSTEE | 1 | — |
| KATHLEEN A GRUNDHOFER | TRUSTEE | 1 | — |
| LAUREN GRUNDHOFER PETERSON | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jerry and Kathleen Grundhofer Foundation?
Jerry and Kathleen Grundhofer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARK CITY, UT. It holds $31.4M in total assets as of 2024.
How large is Jerry and Kathleen Grundhofer Foundation?
As of 2024, Jerry and Kathleen Grundhofer Foundation holds $31.4M in total assets with $6.1M in annual revenue. It awarded 11 grants totaling $1.6M in 2024.
Where does Jerry and Kathleen Grundhofer Foundation operate?
Jerry and Kathleen Grundhofer Foundation has awarded grants in Arizona, California, Georgia, Illinois, Minnesota, New York, Utah.
What size grants does Jerry and Kathleen Grundhofer Foundation award?
In 2024, Jerry and Kathleen Grundhofer Foundation awarded 11 grants totaling $1.6M — an average of about $150K per grant, based on its IRS Form 990 filings.
How much is Jerry and Kathleen Grundhofer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jerry and Kathleen Grundhofer Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jerry and Kathleen Grundhofer Foundation's EIN?
Jerry and Kathleen Grundhofer Foundation's EIN (Employer Identification Number) is 84-3718835. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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