Profectus Foundation
Profectus Foundation is a private foundation, based in American Fork, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 1 grant totaling $43K. Net investment income was $497K.
Profectus Foundation at a glance
In short: Profectus Foundation gave $43K across 1 grant in 2024 (avg $43K), mostly in Utah. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $43,300
- Grants made (2024)
- 1
- Average grant
- $43,300
- Median grant
- $43,300
- Total assets
- $2,857,628
- +30.1% vs 2023
- Primary geography
- Utah (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Profectus Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Church of Jesus Christ of LDS ($43K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Profectus Foundation gives
- Giving fell 33% from 2021 to 2024. Method
- In 2024 it paid out 37% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $12K (2020) to $65K (2021). In 2024 it made 1 grant totaling $43K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Church of Jesus Christ of LDS Salt Lake City, UT | Nonprofit | $43,300 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,857,628 | $739,573 | $78,387 | $43,300 | 1 | $43,300 | $496,768 | $118,112 |
| 2023 | $2,196,442 | $292,698 | $32,880 | — | — | — | $117,849 | $97,925 |
| 2022 | $1,740,560 | $592,876 | $109,891 | $57,601 | 2 | $109,891 | $346,257 | $69,016 |
| 2021 | $1,257,575 | $1,219,968 | $65,521 | $65,000 | 1 | $65,521 | $1,219,447 | $57,351 |
| 2020 | $103,128 | $115,128 | $12,000 | $12,000 | 1 | — | $37,500 | $2,314 |
Under IRS private-foundation payout rules, Profectus Foundation reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Profectus Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Rob Haertel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Ryan Gardner
Trustee
On filings since 2020
4 hrs/week
No compensation reported
Jacob Gardner
Trustee
On filings since 2022
No compensation reported
William B. Gardner
Trustee
On filings since 2022
No compensation reported
Jamie Gardner
Trustee
On filings since 2023
4 hrs/week
No compensation reported
Former officers (2)
- Former: Jaime Gardner (2020–2022) — Trustee
- Former: Dane Parker (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Profectus Foundation
How much does Profectus Foundation give each year?
Profectus Foundation gave $43K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is Profectus Foundation?
Profectus Foundation reported $2.9M in total assets on its 2024 IRS Form 990-PF. It paid out $43K in qualifying distributions that year, against a required minimum of $118K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Profectus Foundation operate?
Profectus Foundation has awarded grants in Utah.
What is Profectus Foundation's EIN?
Profectus Foundation's EIN (Employer Identification Number) is 84-3823774. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Profectus Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Profectus Foundation's focus areas in our free grants database
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