Form 990 for tax year 2024
Filed by PARK CITY COMMUNITY FOUNDATION.
Totals
- Total revenue
- $11,692,949
- Total expenses
- $9,473,705
- Contributions and grants received
- $10,669,235
- Grants paid
- $6,009,037
- Program service revenue
- $0
- Investment income
- $1,529,479
- Other revenue
- -$505,765
- Total assets, end of year
- $31,481,031
- Total liabilities, end of year
- $554,879
- Net assets or fund balances, end of year
- $30,926,152
- Program services expenses (Part IX)
- $8,230,738
- Management and general expenses
- $475,359
- Fundraising expenses
- $767,608
- Program service expenses (Part III)
- $8,230,738
Program services were 86.9% 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.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$59,053
-
1f · All other contributions, gifts and grants
$10,610,182
-
1g · Noncash contributions included above
$4,211,341
-
3 · Investment income
total $769,976 · excluded $769,976
-
7a · Gross sales of assets other than inventory
securities $2,049,175
-
7b · Less cost or other basis and sales expenses
securities $1,289,672
-
7c · Gain or loss
securities $759,503
-
7d · Net gain or loss
total $759,503 · excluded $759,503
-
11a · Other revenue: OTHER INCOME
total -$505,765 · related or exempt -$505,765
-
11e · Other revenue, total
-$505,765
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,009,037 · program services $6,009,037
-
5 · Compensation of officers, directors and key employees
total $220,935 · program services $132,561 · management and general $35,350 · fundraising $53,024
-
7 · Other salaries and wages
total $1,446,813 · program services $949,731 · management and general $143,541 · fundraising $353,541
-
9 · Other employee benefits
total $269,232 · program services $174,719 · management and general $28,879 · fundraising $65,634
-
10 · Payroll taxes
total $119,658 · program services $77,653 · management and general $12,835 · fundraising $29,170
-
11c · Fees: accounting
total $54,099 · program services $2,705 · management and general $45,984 · fundraising $5,410
-
11f · Fees: investment management
total $57,046 · program services $52,482 · management and general $4,564
-
11g · Fees: other
total $479,273 · program services $214,573 · management and general $168,016 · fundraising $96,684
-
12 · Advertising and promotion
total $142,254 · program services $71,127 · fundraising $71,127
-
13 · Office expenses
total $53,140 · program services $37,198 · management and general $7,971 · fundraising $7,971
-
14 · Information technology
total $37,271 · program services $18,635 · management and general $9,318 · fundraising $9,318
-
16 · Occupancy
total $78,288 · program services $52,727 · management and general $7,007 · fundraising $18,554
-
17 · Travel
total $15,682 · program services $10,977 · fundraising $4,705
-
22 · Depreciation, depletion and amortization
total $32,187 · program services $29,692 · management and general $684 · fundraising $1,811
-
23 · Insurance
total $11,172 · program services $5,586 · management and general $3,352 · fundraising $2,234
-
24a · Other expenses: OTHER EXPENSE
total $240,575 · program services $184,325 · management and general $7,858 · fundraising $48,392
-
24b · Other expenses: FUND EXPENSES
total $207,010 · program services $207,010
-
24c · Other expenses: COMMUNITY PASS
total $33 · fundraising $33
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $306,303 · end of year $402,660
-
2 · Savings and temporary cash investments
beginning of year $1,857,003 · end of year $1,855,962
-
3 · Pledges and grants receivable
beginning of year $319,769 · end of year $127,526
-
4 · Accounts receivable
beginning of year $67,566 · end of year $37,543
-
9 · Prepaid expenses and deferred charges
beginning of year $9,999 · end of year $9,999
-
10a · Land, buildings and equipment: cost or other basis
$782,283
-
10b · Land, buildings and equipment: accumulated depreciation
$195,855
-
10c · Land, buildings and equipment, net
beginning of year $610,339 · end of year $586,428
-
11 · Investments: publicly traded securities
beginning of year $24,200,039 · end of year $25,687,279
-
15 · Other assets
beginning of year $938,841 · end of year $2,773,634
-
17 · Accounts payable and accrued expenses
beginning of year $11,307 · end of year $30,145
-
18 · Grants payable
beginning of year $95,277 · end of year $170,150
-
21 · Escrow or custodial account liability
beginning of year $220,730 · end of year $240,156
-
25 · Other liabilities
beginning of year $169,344 · end of year $114,428
-
27 · Net assets without donor restrictions
beginning of year $12,257,240 · end of year $14,835,919
-
28 · Net assets with donor restrictions
beginning of year $15,555,961 · end of year $16,090,233
Mission and programs · 2024
Mission
WE BRING TOGETHER CARING DONORS, EXPERT NONPROFITS, AND COMMUNITY LEADERS TO CONTRIBUTE FINANCIAL RESOURCES AND INNOVATIVE IDEAS TO BENEFIT ALL THE PEOPLE OF PARK CITY - NOW AND INTO THE FUTURE. WE CARE FOR AND INVEST IN THE PEOPLE, PLACE, AND CULTURE OF GREATER PARK CITY.
Activities or mission (Part I)
THE COMMUNITY FOUNDATION PLAYS A VITAL ROLE IN SOLVING GREATER PARK CITY'S MOST CHALLENGING PROBLEMS.
-
LIVE PC GIVE PC, WOMEN'S GIVING FUND, COMMUNITY FUND, CLIMATE FUND, AFFORDABLE HOUSING FUND, NONPROFIT EDUCATION AND OTHER PROGRAMMING: THE COMMUNITY FOUNDATION'S PRIMARY GOAL IS TO SUPPORT GREATER PARK CITY NONPROFITS WITH THE FOLLOWING: GRANT MAKING, EDUCATION AND SEMINARS, AND COMMUNITY GIVING VEHICLES SUCH AS LIVE PC GIVE PC. IN 2024, LIVE PC GIVE PC, THE ANNUAL GIVING DAY HOSTED BY THE COMMUNITY FOUNDATION, RAISED OVER $5.1 MILLION FROM OVER 7,000 UNIQUE DONORS AND 135 NONPROFITS PARTICIPATED. THE WOMEN'S GIVING FUND HAD PARTICIPATION FROM OVER 2,000 UNIQUE DONORS WHOSE CONTRIBUTIONS WERE USED TO SUPPORT FAMILY AND YOUTH SERVICES. THE COMMUNITY FUND GRANTED OVER $450,000 TO 55 LOCAL NONPROFITS. THE CLIMATE FUND THAT FOCUSES ON LOCAL, HIGH-IMPACT CLIMATE SOLUTIONS LAUNCHED A ZERO FOOD WASTE INITIATIVE, SIGNING UP OVER 1,300 HOUSEHOLDS FOR FOOD WASTE COLLECTION, WITH THE GOAL OF DIVERTING ALL FOOD WASTE FROM SUMMIT COUNTY'S LANDFILL BY 2030. ADDITIONALLY, THE COMMUNITY FOUNDATION PROVIDED MONTHLY OPPORTUNITIES FOR NONPROFIT STAFF AND VOLUNTEERS TO IMPROVE THEIR EFFECTIVENESS; 153 NONPROFIT PROFESSIONALS JOINED OUR NONPROFIT ROUNDTABLES AND YEAR-LONG EXECUTIVE DIRECTOR PEER FORUM IN 2024.
Expenses $4,040,693 · Grants $921,647
-
MENTAL WELLNESS FUNDS: LAUNCHED IN JANUARY 2017, THE MENTAL WELLNESS ALLIANCE SUPPORTS A RANGE OF PROGRAMS AND INITIATIVES, AS PRIORITIZED IN THE COMMUNITY'S COUNTY-WIDE STRATEGIC PLAN. THE GOAL IS TO INCREASE AWARENESS, PREVENTION, TREATMENT AND OTHER SERVICES AIMED AT MENTAL HEALTH AND SUBSTANCE ABUSE. SINCE INCEPTION, OVER $6M HAS BEEN DEPLOYED FOR GRANTS AND PROGRAMS IN THE COMMUNITY. THE ALLIANCE PARTNERS WITH LOCAL NONPROFITS, COMMUNITY MEMBERS, GOVERNMENTS, SCHOOL DISTRICTS, BUSINESSES, AND CARE PROVIDERS, ALL AIMING TO ADDRESS THIS CRITICAL COMMUNITY NEED.
Expenses $598,851 · Grants $559,153
-
EARLY CHILDHOOD ALLIANCE: THE EARLY CHILDHOOD ALLIANCE WAS FORMED WITH THE VISION THAT ALL WASATCH BACK CHILDREN AGED ZERO TO THREE SHOULD HAVE EQUITABLE AND ABUNDANT OPPORTUNITIES TO THRIVE, LEARN, AND GROW INTO PARTICIPATING MEMBERS OF THE COMMUNITY. THE EARLY CHILDHOOD ALLIANCE ENGAGES, EDUCATES, AND SUPPORTS COMMUNITY PARTNERS AND FAMILIES SO THAT YOUNG CHILDREN CAN REACH THEIR FULL POTENTIAL DURING THIS CRITICAL STAGE OF DEVELOPMENT. THE ALLIANCE WORKS TO ADDRESS THE EVER-GROWING NEED FOR MORE LOCAL CHILDCARE CAPACITY AND INCREASE ACCESS TO QUALITY EARLY CHILDCARE. IN 2024, THE EARLY CHILDHOOD FUND GRANTED OVER $350,000 TO LOCAL NONPROFITS, AND LED COMMUNITY ADVOCACY EFFORTS TO SUPPORT CHILDCARE PROVIDERS AND FAMILIES, SECURING A $1M INVESTMENT FROM PARK CITY MUNICIPAL TO PROVIDE SCHOLARSHIPS TO QUALIFIED FAMILIES THAT LIVE OR WORK IN PARK CITY. THE SCHOLARSHIP PROGRAM LAUNCHED IN JANUARY 2024 AND LATER EXPANDED IN JUNE 2024 WHEN SUMMIT COUNTY INVESTED AN ADDITIONAL $485,000 TOWARDS CHILDCARE. IN THE FIRST YEAR, THIS NEEDS-BASED PROGRAM SUPPORTED 125 FAMILIES, 150 CHILDREN, AND 28 CHILDCARE PROVIDERS AND RECEIVED NATIONAL RECOGNITION.
Expenses $548,466 · Grants $350,578
-
YOUTH UNITED: FORMERLY KNOWN AS SOLOMON FUND AND RISE FUND, YOUTH UNITED IS A UNIFIED PROGRAM THAT PROVIDES SCHOOL-AGE CHILDREN AND TEENS IN PARK CITY AND SUMMIT COUNTY NO AND LOW-COST ACCESS TO SPORTS, RECREATION, CLUBS, CAMPS, AND EXTRACURRICULAR ACTIVITIES. THE TWO PROGRAMS COMBINED HAVE GRANTED OVER $1.6M COMBINED SINCE INCEPTION. THIS INITIATIVE CONTINUES TO ADDRESS SEVERAL BARRIERS THAT CURRENTLY HINDER PARTICIPATION FOR THESE FAMILIES, PROVIDING SCHOLARSHIPS FOR FINANCIAL BURDENS AND ACCESS TO EQUIPMENT AND GEAR. THE COMMUNITY FOUNDATION HAS DEDICATED STAFF WHO OPERATE YOUTH UNITED - CONVENING PARTNERS, PROMOTING PROGRAMS, AND HOSTING COMMUNITY OUTREACH EVENTS. IN ADDITION, PARTICIPANTS' FAMILIES ARE ALSO CONNECTED TO IMPORTANT COMMUNITY RESOURCES, LIKE HEALTHCARE, HOUSING RESOURCES, FOOD ACCESS AND MORE. IN 2024, YOUTH UNITED PROVIDED $319,000 IN SCHOLARSHIPS FOR SPORTS AND EXTRACURRICULARS, PARTNERING WITH OVER 30 LOCAL ORGANIZATIONS AND BUSINESSESS. ADDITIONALLY, THE COMMJNITY FOUNDATION HOST REGISTRATION EVENTS TO ASSIST FAMILIES IN ACCESSING THESE PROGRAMS, RESULTING IN A RECORD-BREAKING 2,300 YOUTH UNITED REGISTRATIONS IN 2024.
Expenses $3,042,728 · Grants $4,177,660
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John CummingJOHN CUMMING
EMERITUS
- Total calculated
- $0
- Hours/week
- 0.1
-
Eyee HsuEYEE HSU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Karen ConwayKAREN CONWAY
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Anna FrachouANNA FRACHOU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rebeca GonzalezREBECA GONZALEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mindy HalseyMINDY HALSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Beth PlavanBETH PLAVAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Brandi ConnollyBRANDI CONNOLLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Courtney RaeCOURTNEY RAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Paige PenzePAIGE PENZE
VICE CHAIR, TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Deirdra WalshDEIRDRA WALSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Heather KoopmanHEATHER KOOPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Millicent TraceyMILLICENT TRACEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Virginia SolomonVIRGINIA SOLOMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Susan RothmanSUSAN ROTHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Enrique SanchezENRIQUE SANCHEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Katherine AguileraKATHERINE AGUILERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Andy BeermanANDY BEERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Allison BoxerALLISON BOXER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Curtis FeeneyCURTIS FEENEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy MaentzAMY MAENTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tony TylerTONY TYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Joel ZarrowJOEL ZARROW
CEO
- Total calculated
- $256,617
- From this org
- $220,935
- From related orgs
- $0
- Other
- $35,682
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $198,575
- Bonus
- $22,360
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $35,682
- Filer's total
- $256,617
-
Kathleen HobertKATHLEEN HOBERT
VP OF FINANCE
- Total calculated
- $136,764
- From this org
- $118,380
- From related orgs
- $0
- Other
- $18,384
- Hours/week
- 45
-
Diego ZegarraDIEGO ZEGARRA
VP OF EQUITY AND IMPACT
- Total calculated
- $137,389
- From this org
- $125,066
- From related orgs
- $0
- Other
- $12,323
- Hours/week
- 45
-
Christine ColemanCHRISTINE COLEMAN
VP OF COMMUNICATIONS
- Total calculated
- $131,472
- From this org
- $115,900
- From related orgs
- $0
- Other
- $15,572
- Hours/week
- 45
-
Alexis BrownALEXIS BROWN
VP OF DEVELOPMENT
- Total calculated
- $125,572
- From this org
- $110,139
- From related orgs
- $0
- Other
- $15,433
- Hours/week
- 45
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$306,310
EARLY CHILDHOOD
-
GREEN MOUNTAIN VALLEY SCHOOL INC
$300,000
EDUCATION
-
$300,000
HEALTH, GENERAL
-
$274,533
HOUSING, SHELTER
-
$250,000
HUMAN SERVICE
-
$250,000
EDUCATION
-
$206,080
EARLY CHILDHOOD
-
$203,190
HEALTH, GENERAL
-
$200,040
EDUCATION
-
$150,000
HUMAN SERVICE
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
HELP TO TRANSITION MOUNTAIN TOWNS TO NET ZERO BY 2030 · UT · income $550,017 · assets $122,825
Directly controlled by PARK CITY COMMUNITY FOUNDATION
-
COMMUNITIES THAT CARE SUMMIT COUNTY LLC
PROVIDE ACCESS TO EFFECTIVE YOUTH SUBSTANCE-PREVENTION PROGRAMS · UT · income $0 · assets $14,856
Directly controlled by PARK CITY COMMUNITY FOUNDATION
-
SUMMIT COUNTY CLUBHOUSE HOME LLC
SUPPORTIVE, RECOVERY-BASED COMMUNITY FOR ADULTS LIVING WITH MENTAL ILLNESS · UT · income $1,595 · assets $583,034
Directly controlled by PARK CITY COMMUNITY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543179349310819
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