Jerry and Kathleen Grundhofer Foundation
Preselected recipients only
Jerry and Kathleen Grundhofer Foundation is a private foundation in Park City, Utah. In tax year 2024 it gave $1.6 million in 11 grants; the typical grant was $100,000 and the largest $529,710. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.6 million
- Number of grants11
- Typical grant$100,000
- Largest grant$529,710
- Assets$31.4 million
- New grantees20%
Giving in 2024 was down from $1.7 million the year before.
20% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.7 million | 8 | $25.2 million |
| 2024 | $1.6 million | 11 | $31.4 million |
How to apply
Jerry and Kathleen Grundhofer Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Jerry and Kathleen Grundhofer Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Utah.
| State | Grants | Amount |
|---|---|---|
| Utah | 8 | $1.5 million |
| California | 1 | $100,000 |
| Illinois | 2 | $20,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Intermountain Healthcare Foundation Inc | (1) description: 3,000 shares of alphabet inc. Securities (2) book value: $ 98,403 (3) method used to determine book value: average price per share. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 11/14/2024 (6) purpose: physician recruitment and charity care | $529,710 |
| Intermountain Healthcare Foundation Inc | (1) description: 700 shares of microsoft corp securities (2) book value: $41,833 (3) method used to determine book value: average price per share. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 11/14/2024 (6) purpose: physician recruitment and charity care | $296,860 |
| Intermountain Healthcare Foundation Inc | (1) description: 500 shares of meta platforms, inc. Securtiies (2) book value: $ 47,935 (3) method used to determine book value: average price per share. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 11/14/2024 (6) purpose: physician recruitment and charity care | $288,443 |
| Intermountain Healthcare Foundation Inc | (1) description: 1,114 shares of advanced micro devices, inc. Securities (2) book value: $ 91,525 (3) method used to determine book value: purchased price (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 11/14/2024 (6) purpose: physician recruitment and charity care | $155,937 |
| Intermountain Healthcare Foundation Inc | (1) description: 100 shares of service now, inc. Securities (2) book value: $23,105 (3) method used to determine book value: average price per share. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 11/14/2024 (6) purpose: physician recruitment and charity care | $104,300 |
| Board of Trustess - Leland Stanford Jr Unniversity | General opperating support | $100,000 |
| Intermountain Healthcare Foundation Inc | (1) description: 249 shares of palo alto networks, inc. Securities (2) book value: $ 42,639 (3) method used to determine book value: purchased price (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 11/14/2024 (6) purpose: physician recruitment and charity care | $99,249 |
| St Mary's Catholic Church Park City | General opperating support | $30,000 |
| Intermountain Healthcare Foundation Inc | Physician recruitment and charity care | $21,641 |
| Boys & Girls Clubs of Chicago | General opperating support | $10,000 |
| 626 Landmark Foundation | General opperating support | $10,000 |
Officers and trustees
- Jerry A Grundhofer
- Kathleen A Grundhofer
- Lauren Grundhofer Peterson
Questions people ask
Does Jerry and Kathleen Grundhofer Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Jerry and Kathleen Grundhofer Foundation give?
$1.6 million in tax year 2024, across 11 grants, with a typical grant of $100,000.
Who runs Jerry and Kathleen Grundhofer Foundation?
Its 2024 filing lists Jerry A Grundhofer (Trustee), Kathleen A Grundhofer (Trustee) and Lauren Grundhofer Peterson (Trustee).
What does Jerry and Kathleen Grundhofer Foundation fund?
Based on its grants, mainly health.