Neal and Sherrie Savage Family Foundation
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
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
114 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Melissa Ann Layton | Trustee | 1 | — |
| Malinda Savage Melville | Trustee | 1 | — |
| Anna R Savage | Trustee | 1 | — |
| Greggory James Savage | Pres, Trustee | 1 | — |
| Nathan N Savage | Sec, Treas, Trustee | 1 | — |
| Emilee Jayne Savage Wright | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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