Leroy S Axland Memorial Foundation

SALT LAKE CITY, UT EIN: 87-0484418

Leroy S Axland Memorial Foundation is a private foundation, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $40K in total assets. In 2025, it awarded 4 grants totaling $8K. Net investment income was $1K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$40K

-12.7% YoY

Annual Giving

$8K

+25.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

+25.8% YoY

Under IRS private-foundation payout rules, Leroy S Axland Memorial Foundation reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.

About Leroy S Axland Memorial Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $24K (100%)

States

Utah

Cities

MillcreekSalt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$39,646	$45,402	$55,536
Revenue	$5,623	$201	$2,989
Expenses	$11,070	$10,335	$7,375
Qualifying Distributions	$9,532	$7,325	$7,029
Net Investment Income	$1,457	—	$2,869
Distributable Amount	$4,717	$4,073	$4,367

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Italian American Civic League ($3,700), J Willard Mariott Library University of Utah ($3,500), Utah Bilbiographical Society ($400).

Recipient	Purpose	Amount
ITALIAN AMERICAN CIVIC LEAGUE SALT LAKE CITY, UT	GENERAL CHARITABLE PURPOSES	$3,700
J WILLARD MARIOTT LIBRARY UNIVERSITY OF UTAH SALT LAKE CITY, UT	GENERAL CHARITABLE PURPOSES	$3,500
UTAH HISTORICAL SOCIETY MILLCREEK, UT	GENERAL CHARITABLE PURPOSES	$200
UTAH BILBIOGRAPHICAL SOCIETY SALT LAKE CITY, UT	GENERAL CHARITABLE PURPOSES	$400

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
CARL F HUEFNER	TRUSTEE	1	—
MICHAEL W HOMER	TRUSTEE	1	—

Frequently Asked Questions

How large is Leroy S Axland Memorial Foundation?

As of 2025, Leroy S Axland Memorial Foundation holds $40K in total assets with $6K in annual revenue. It awarded 4 grants totaling $8K in 2025.

Where does Leroy S Axland Memorial Foundation operate?

Leroy S Axland Memorial Foundation has awarded grants in Utah.

What size grants does Leroy S Axland Memorial Foundation award?

In 2025, Leroy S Axland Memorial Foundation awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Leroy S Axland Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Leroy S Axland Memorial Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leroy S Axland Memorial Foundation's EIN?

Leroy S Axland Memorial Foundation's EIN (Employer Identification Number) is 87-0484418. IRS Form 990 filing data is available on this page for 2020–2025.