The Julie M and David S Layton Foundat

SANDY, UT EIN: 20-8104877

The Julie M and David S Layton Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 8 grants totaling $2.0M. Net investment income was $103K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+5.5% YoY

Annual Giving

$2.0M

+181.3% YoY

Grant Count

8

+100.0% YoY

Avg Grant Size

$249K

+40.7% YoY

Under IRS private-foundation payout rules, The Julie M and David S Layton Foundat reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About The Julie M and David S Layton Foundat

Based on IRS filings

The Julie M and David S Layton Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 8 grants totaling $2.0M. Net investment income was $103K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

FranklinHenricoMillcreekMorganProvoSalt Lake CityStatesboroWest Jordan

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$568K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,464,254$1,387,442$1,401,966
Revenue$2,063,708$668,109$59,965
Expenses$2,003,400$754,303$59,191
Qualifying Distributions$1,991,880$708,000$50,000
Net Investment Income$102,981$47,935$50,774
Distributable Amount$72,467$70,210$74,389

Giving Over Time

Total grant dollars and number of grants per year

$0$498K$996K$1M$2M2 grants20202 grants20211 grants20224 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

UNIVERSITY OF UTAH CRIMS…$1.0MUNIVERSITY OF UTAH CRIMS…$500KUTAH SPORTS COMMISSION$250KUNIVERSITY OF UTAH$200KFOR OTHERS$18KUTAH SPORTS COMMISSION$10KWILL HARDY FOUNDATION$9KMORGAN COUNTY 4-H$5K

Grant Size Distribution

17 grants across all recorded years

8<$50K2$50–100K2$100–250K1$250–500K2$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Utah Crimson Collective ($1,000,000), University of Utah Crimson Collective ($500,000), Utah Sports Commission ($250,000).

RecipientPurposeAmount
UNIVERSITY OF UTAH CRIMSON COLLECTIVE SALT LAKE CITY, UTCASH DONATION$500,000
UNIVERSITY OF UTAH CRIMSON COLLECTIVE SALT LAKE CITY, UTCASH DONATION$1,000,000
MORGAN COUNTY 4-H MORGAN, UTCASH DONATION$4,880
FOR OTHERS FRANKLIN, TXCASH DONATION$18,000
UTAH SPORTS COMMISSION SALT LAKE CITY, UTCASH DONATION$250,000
UTAH SPORTS COMMISSION SALT LAKE CITY, UTCASH DONATION$10,000
WILL HARDY FOUNDATION HENRICO, VACASH DONATION$9,000
UNIVERSITY OF UTAH SALT LAKE CITY, UTCASH DONATION$200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID S LAYTONTRUSTEE/ADMIN COM MEMBER1
JULIE M LAYTONADMIN COMMITTEE MEMBER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Julie M and David S Layton Foundat?

The Julie M and David S Layton Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY, UT. It holds $1.5M in total assets as of 2024.

How large is The Julie M and David S Layton Foundat?

As of 2024, The Julie M and David S Layton Foundat holds $1.5M in total assets with $2.1M in annual revenue. It awarded 8 grants totaling $2.0M in 2024.

Where does The Julie M and David S Layton Foundat operate?

The Julie M and David S Layton Foundat has awarded grants in Georgia, Tennessee, Texas, Utah, Virginia.

What size grants does The Julie M and David S Layton Foundat award?

In 2024, The Julie M and David S Layton Foundat awarded 8 grants totaling $2.0M — an average of about $249K per grant, based on its IRS Form 990 filings.

How much is The Julie M and David S Layton Foundat required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Julie M and David S Layton Foundat reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Julie M and David S Layton Foundat's EIN?

The Julie M and David S Layton Foundat's EIN (Employer Identification Number) is 20-8104877. IRS Form 990 filing data is available on this page for 2020–2024.

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

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