Clark and Christine Ivory Foundation
The Clark and Christine Ivory Foundation is a private grantmaking foundation established in 2003 and located in Salt Lake City, Utah. The foundation operates as a 501(c)(3) organization with a focus on creating opportunities for individuals to advance economically through targeted philanthropic investments.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$326.5M
-1.9% YoY
Annual Giving
$9.0M
-34.7% YoY
Grant Count
62
-7.5% YoY
Avg Grant Size
$146K
-29.4% YoY
Mission & Focus Areas
The foundation's mission centers on supporting individuals by creating opportunities to advance economically. The foundation organizes its work around four primary categories:
- Lift & Educate — Supporting education, scholarships, internships, and mentorships
- Innovate & Invest in Housing Affordability — Creating affordable housing solutions
- Build Sustainable Communities — Developing sustainable community initiatives
- Respond to Urgent Economic & Social Needs — Addressing immediate economic and social challenges
The foundation describes itself as a "catalyst for change" while emphasizing continuous assessment and evaluation of results.
Grantmaking
The foundation accepts proposals by invitation only. There is no open application process for unsolicited proposals.
Grant Range
$2,000 to $300,000+
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily focuses on Utah, with some national programs. Grant activity has been documented in Utah, California, and Oregon.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $326.5 million
- Total revenues: $21 million
- Total expenses: $24.8 million
- Annual giving: approximately $13.8 million
Historical Data (2023):
- Revenue: $24.3 million
- Expenses: $25.5 million
- Total assets: $333 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $326,524,507 | $332,763,252 | $258,215,529 |
| Revenue | $21,005,753 | $24,264,475 | $70,603,196 |
| Expenses | $24,806,465 | $25,493,327 | $11,535,523 |
| Qualifying Distributions | $9,735,916 | $16,836,419 | $7,514,489 |
| Net Investment Income | $2,282,268 | $640,630 | $27,000,628 |
| Distributable Amount | $14,271,556 | $11,969,644 | $9,024,155 |
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 2024
Grant Size Distribution
250 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
Trustees:
- Clark D. Ivory (Trustee)
- Christine C. Ivory (Trustee)
- Abby Ivory (Trustee)
- Mary Kathryn Bertha (Trustee)
Staff:
- Charles Porter Openshaw (Chief Financial Officer)
- Darin E. Haskell (Controller)
- Manny Gunter (Assistant Controller)
Clark Ivory is the CEO of Ivory Homes, Utah's leading homebuilder for 30 consecutive years.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLARK D IVORY | TRUSTEE | 1 | — |
| CHRISTINE C IVORY | TRUSTEE | 3 | — |
| ABBY IVORY | TRUSTEE | 1 | — |
| MARY KATHRYN BERTHA | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2024, Clark Ivory received the 45th annual Giant in our City Award from the Salt Lake City Chamber, recognizing his commitment to excellence, leadership, and philanthropy.
Clark and Christine Ivory Foundation Donates $75,000 to Women in BusinessThe foundation has provided more than 7,000 scholarships, internships, and mentorships at universities, colleges, and high schools across Utah.
Contact Information
Address: 978 E. Woodoak Lane, Salt Lake City, UT 84117
Phone: (801) 747-7000
Email: info@ivoryfoundation.org
Website: www.ivoryfoundation.org
Hours: Monday-Friday, 9am - 5pm
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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