University Impact Charitable Trust
The Charitable Trust's charitable purposes include accepting donations of business interests, liquidating those interests, and granting those funds to its supported organization, University Impact.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.5M
+6496.2% YoY
Annual Giving
$8.2M
+187.6% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$4.1M
+43.8% YoY
About University Impact Charitable Trust
Based on IRS filings
University Impact Charitable Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PROVO, UT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $8.5M in total assets. In 2024, it awarded 2 grants totaling $8.2M. Net investment income was $8.5M.
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 | $8,459,935 | $128,254 | $10 |
| Revenue | $26,227,876 | $8,159,985 | $10 |
| Expenses | $9,529,496 | $3,482,902 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,501,638 | $4,509,935 | — |
| 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 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University Impact ($5,041,510), Church of Jesus Christ of Latter Day Saints ($3,162,166).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY IMPACT PROVO, UT | TO SUPPORT ORGANIZATION | $5,041,510 |
| Church of Jesus Christ of Latter Day Saints SALT LAKE CITY, UT | TO SUPPORT ORGANIZATION | $3,162,166 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL BLAKE | TRUSTEE | 1 | — |
| HYRUM GRENNY | TRUSTEE | 1 | — |
| JACOB LUNDSKOG | TRUSTEE (PART YEAR) | 1 | — |
| JOELLEN NICHOLSON | TRUSTEE (THROUGH JANUARY 2024) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is University Impact Charitable Trust?
University Impact Charitable Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PROVO, UT. It holds $8.5M in total assets as of 2024.
How large is University Impact Charitable Trust?
As of 2024, University Impact Charitable Trust holds $8.5M in total assets with $26.2M in annual revenue. It awarded 2 grants totaling $8.2M in 2024.
Where does University Impact Charitable Trust operate?
University Impact Charitable Trust has awarded grants in Utah.
What size grants does University Impact Charitable Trust award?
In 2024, University Impact Charitable Trust awarded 2 grants totaling $8.2M — an average of about $4.1M per grant, based on its IRS Form 990 filings.
What is University Impact Charitable Trust's EIN?
University Impact Charitable Trust's EIN (Employer Identification Number) is 92-6155360. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in University Impact Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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