Neal and Sherrie Savage Family Foundation

MIDVALE, UT EIN: 87-0651828

The Neal and Sherrie Savage Family Foundation is a private foundation established in 2000, based in Midvale, Utah. It operates as a 501(c)(3) organization and functions as a grantmaking entity supporting various charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$233K

-96.7% YoY

Annual Giving

$19.6M

+6297.1% YoY

Grant Count

28

+7.7% YoY

Avg Grant Size

$699K

+5840.2% YoY

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

Mission & Focus Areas

The foundation supports general and unrestricted charitable causes, with a particular emphasis on education. Notable funding areas include scholarship programs for higher education students, specifically the Woodbury School of Business/Neal & Sherrie Savage Family Scholarship Fund administered through Utah Valley University.

Grantmaking

The foundation made 12 grants in 2024. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation operates in Utah, with a base in Midvale.

Grant Distribution by State

10states
+2 more states

Cities

AlexandriaAmerican ForkBerkeleyCelebrationChicagoCottonwd HtsDenverDraperHighlandHonoluluJacksonvilleKanabKapoleiLehiMiamiMillcreekMorgantownN Salt LakeNew YorkOgden

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary:

  • Total Revenues: $460,831
  • Total Expenses: $19,599,235
  • Total Assets: $232,539
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$22M20202021202220232024
Metric202420232022
Total Assets$232,539$6,980,943$6,941,378
Revenue$460,831$363,877$363,469
Expenses$19,599,235$324,312$554,742
Qualifying Distributions$19,592,867$319,112$547,142
Net Investment Income$460,801$363,868$363,466
Distributable Amount$305,401$461,390$405,040

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M11 grants202012 grants202137 grants202226 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DECHOMAI ASSET TRUST$19.1MUTAH VALLEY UNIVERSITY$200KOTHER SIDE ACADEMY$30KALZHEIMERS DISEASE AND R…$20KTimpview High$20KUTAH VALLEY UNIVERSITY F…$20KTimpview High$13KWEST VIRGINIA UNIVERSITY$13KALPINE SCHOOL DISTRICT F…$10KCITIES STRONG FOUNDATION$10K

Grant Size Distribution

114 grants across all recorded years

101<$50K11$50–100K1$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Melissa Ann LaytonTrustee1
Malinda Savage MelvilleTrustee1
Anna R SavageTrustee1
Greggory James SavagePres, Trustee1
Nathan N SavageSec, Treas, Trustee1
Emilee Jayne Savage WrightTrustee1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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