Form 990 for tax year 2023

Totals

Total revenue

$255,208

Total expenses

$505,243

Contributions and grants received

$452,115

Grants paid

$348,509

Program service revenue

$0

Investment income

$18,207

Other revenue

-$215,114

Total assets, end of year

$1,346,266

Total liabilities, end of year

$2,814

Net assets or fund balances, end of year

$1,343,452

Program services expenses (Part IX)

$374,649

Management and general expenses

$118,406

Fundraising expenses

$12,188

Program service expenses (Part III)

$374,649

Program services were 74.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• THE TONY FINAU FOUNDATION MENTORING PROGRAM OFFERS SUPPORT TO A MINIMUM OF ONE PROFESSIONAL GOLFER ANNUALLY, WHO HAS A CONNECTION TO UTAH, ASSISTING THEM IN THEIR EFFORTS TO PURSUE THE PGA OR LPGA TOUR. THIS SUPPORT INCLUDES FINANCIAL ASSISTANCE FOR EXPENSES RELATED TO GOLF PRACTICE AND COMPETITION, INCLUDING ENTRY FEES, TRAVEL COSTS, EQUIPMENT PROCUREMENT, AND OTHER REQUISITE MATERIALS. ADDITIONALLY, THE PROGRAM PROVIDES INVALUABLE, NON-MATERIAL SUPPORT THROUGH ACCESS TO TONY FINAU AND HIS NETWORK OF PROFESSIONAL GOLFERS AND COACHES FOR ONGOING MENTORSHIP AND ADVICE.RECIPIENTS OF THE TONY FINAU FOUNDATION MENTORING PROGRAM WILL BE EXPECTED TO ATTEND TONY FINAU FOUNDATION FUNDRAISING EVENTS AND SUPPORT COMMUNITY OUTREACH PROGRAMMING (SCHEDULE PERMITTING) IN HOPES OF HELPING THE NEXT GENERATION OF YOUTH DISCOVER, DEVELOP, AND ACHIEVE THEIR GOALS.THE 2023 RECIPIENTS OF THE PROGRAM WERE PETER KUEST, PATRICK FISHBURN, AND BLAKE TOMLINSON.

  Expenses $99,500 · Grants $99,500

• BIRDIES FOR BOOKS PROVIDES BOOKS AND READING RESOURCES IN THE HANDS OF CHILDREN THAT NEED EXTRA ASSISTANCE. OVER 40,000 BOOKS HAVE BEEN DONATED TO DATE, THIS YEAR'S AMOUNT WAS IN THE 8,000-9,000 BOOK RANGE.

  Expenses $22,252 · Grants $22,252

• TONY'S TURKEYS - EVERY HOLIDAY SEASON WE FEED 2000-2500 FAMILIES IN THE SALT LAKE CITY/WEST VALLEY AREA FOR THANKSGIVING. WE PROVIDE ALL OF THE FIXINGS FOR A TRADITIONAL THANKSGIVING MEAL.

  Expenses $26,411 · Grants $26,411

• FAMILY ENGAGEMENT CENTERS - THIS PARTNERSHIP WITH GRANITE EDUCATION FOUNDATION IS PRIMARILY FOCUSED ON LITERACY AND ENGLISH LANGUAGE SUPPORT FOR FAMILIES IN THE SCHOOL DISTRICT. WE PARTNERED WITH 33 LOCATIONS ON THE CAMPUSES OF ELEMENTARY SCHOOLS TO MAKE THE PROGRAMMING AS ACCESSIBLE AS POSSIBLE. THIS ALSO INCLUDES SUPPORTING COMMUNITY OUTREACH EVENTS AND INCLUDING THEM IN OUR OWN EVENTS AS WELL.

  Expenses $100,000 · Grants $100,000

• THE FOUNDATION ALSO SUPPORTS OTHER ORGANIZATIONS AND FOUNDATIONS THAT ARE WORKING TOWARD SIMILAR GOALS AND TAKING CARE OF THE CHILDREN WE AIM TO SUPPORT AND HELP. THIS IS WHERE THE REMAINING CHARITABLE CONTRIBUTIONS AND PROGRAMMING GO.

  Expenses $119,170 · Grants $93,030

• MAUI FIRE RELIEF - THIS EFFORT WAS IMPLEMENTED AT THE END OF 2023 TO HOST AN EVENT IN EARLY 2024 TO RAISE AWARENESS AND FUNDS FOR THE FAMILIES IN MAUI THAT WERE DISPLACED BY THE WILDFIRES. THE FUNDS FOR THIS PROGRAM WENT TO THREE MAUI BASED ORGANIZATIONS WORKING IN THE BASIC NEEDS, MENTAL HEALTH, AND YOUTH EDUCATION SPACE.

  Expenses $7,316 · Grants $7,316

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• GRANITE EDUCATION FOUNDATION

  $115,000

  SUPPORT FAMILY ENGAGEMENT CENTERS AND LITERACY PROGRAMMING

• FOR THE KIDS

  $25,000

  FEED 2000 FAMILIES FOR THANKSGIVING

• BEST SEAT IN THE HOUSE

  $25,000

  SUPPORT READING/LITERACY INITIATIVES

• WALKING FOR KIDS

  $10,000

  SUPPORT SICK CHILDREN

• AJGA

  $10,000

  SUPPORT JUNIOR GOLF

Provenance

Return type

form_990

Tax year

2023

Filed

12 November 2024

IRS schema version

2023v5.1

Source object

202413179349308421

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