Springville Alumni Scholarship Foundatio is a private foundation focused on Education, based in SPRINGVILLE, UT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 2 grants totaling $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
-55.0% YoY
Annual Giving
$9K
-35.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$4K
-35.8% YoY
Under IRS private-foundation payout rules, Springville Alumni Scholarship Foundatio reported a distributable amount of $347 for 2024 — the minimum it must pay out in qualifying distributions.
About Springville Alumni Scholarship Foundatio
Based on IRS filings
Springville Alumni Scholarship Foundatio is a private foundation focused on Education, based in SPRINGVILLE, UT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 2 grants totaling $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,053 | $15,656 | $25,498 |
| Revenue | — | $3,550 | $30,000 |
| Expenses | $8,603 | $13,392 | $4,502 |
| Qualifying Distributions | $8,603 | $13,392 | $4,502 |
| Net Investment Income | — | — | — |
| Distributable Amount | $347 | $771 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Daniela Rosaro ($5,353), Carter Ozuna ($3,250).
| Recipient | Purpose | Amount |
|---|---|---|
| Daniela Rosaro Spanish Fork, UT | Scholarship award | $5,353 |
| Carter Ozuna Springville, UT | Scholarship award | $3,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rick Salisbury | President | 1.5 | — |
| Victoria Salisbury | Secretary | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Springville Alumni Scholarship Foundatio?
Springville Alumni Scholarship Foundatio is a private foundation focused on Education, based in SPRINGVILLE, UT. It holds $7K in total assets as of 2024.
How large is Springville Alumni Scholarship Foundatio?
As of 2024, Springville Alumni Scholarship Foundatio holds $7K in total assets. It awarded 2 grants totaling $9K in 2024.
Where does Springville Alumni Scholarship Foundatio operate?
Springville Alumni Scholarship Foundatio has awarded grants in Utah.
What size grants does Springville Alumni Scholarship Foundatio award?
In 2024, Springville Alumni Scholarship Foundatio awarded 2 grants totaling $9K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Springville Alumni Scholarship Foundatio required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Springville Alumni Scholarship Foundatio reported a distributable amount of $347 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Springville Alumni Scholarship Foundatio's EIN?
Springville Alumni Scholarship Foundatio's EIN (Employer Identification Number) is 87-3260522. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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