Palladium Foundation is a private operating foundation based in Salt Lake City, Utah, established in 2004. The foundation operates primarily as a land conservation organization, focusing on the conservation and protection of natural resources on land it directly owns in Utah and New York. Unlike traditional grantmaking foundations, Palladium's primary expenses are directed toward maintaining and protecting its own land holdings, though it also makes grants to support conservation-related initiatives.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$72.4M
+0.4% YoY
Annual Giving
$65.6M
+282.7% YoY
Grant Count
97
+42.6% YoY
Avg Grant Size
$677K
+168.3% YoY
Mission & Focus Areas
The foundation's primary mission centers on conservation and protection of natural resources on its owned land in Utah and New York. Key funding areas include:
- Wildlife conservation
- Renewable energy
- Environmental education
- Community and school gardens
- Land conservation initiatives
Grantmaking
The foundation has supported 23 unique organizations, with notable recipients including The Nature Conservancy of Utah.
Grant Range
$50,000–$55,000
Average Grant
amount: $1.2 million
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Utah, New York, and Colorado, which account for approximately 92% of all grants. Grantmaking reaches organizations across five states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2025):
- Total assets: $72,419,986
- Total revenues: $66,882,185
- Total expenses: $66,572,052
- Total giving: $65,630,750
- Number of employees: 0
Financial Trend: Annual giving has grown from $5 million in 2021 to $16.4 million in 2023.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $72,419,986 | $72,109,853 | $70,816,312 |
| Revenue | $66,882,185 | $19,310,813 | $41,124,775 |
| Expenses | $66,572,052 | $18,017,272 | $17,273,615 |
| Qualifying Distributions | $66,246,812 | $17,746,988 | $17,038,371 |
| Net Investment Income | $1,959,343 | $2,054,886 | $962,235 |
| Distributable Amount | — | — | — |
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 2025
Grant Size Distribution
123 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Jennifer Speers, President
- Scott V Johnston, Director
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER SPEERS | PRESIDENT | 10 | — |
| JAY B BELL | DIRECTOR | 10 | — |
Contact Information
Address: 2223 S Highland Dr # E6-133, Salt Lake City, UT 84106-3672
Phone: (801) 296-0200
EIN: 20-0137383
Tax Status: 501(c)(3) private foundation
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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