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Utah · Nonprofit

FULLMER LEGACY FOUNDATION

FULLMER LEGACY FOUNDATION (Utah) receives grants from 9 organizations whose IRS filings report $3,161,500 to it, the largest being THE KAHLERT FOUNDATION INC ($1,500,000). 2 of them have funded it in more than one year.

Revenue FY2024
$2.1M
Funders on record
9
Grants received
$3.2M
Net assets
$7.2M
2/9 repeat funderspeak grant-dependency 90%
01What it does

What Fullmer Legacy Foundation does

Mission

Help underprivileged and at-risk youth learn the skills of discipline, sportsmanship, and resilience through boxing.

As stated on its FY2024 Form 990.

Program

  1. The utah legislature budgeted $2,000,000 to be used to build an operating facility that will have a boxing gym. The building will be built on government land which is being leased to the foundation for 50 years below fmv. Actual paid lease expense each year is $1. The remaining fmv of the lease for 50 years is recognized as in-kind rent donated for use of the property. During the last quarter of 2022 the foundation entered an agreement with an engineering firm to get the building process moving forward. In 2023 there was more focus on applying for grants and find other funding. The foundation received in cash $1,000,000 of the budgeted funds from the state of utah.

    $71,468 spentof which $1,950,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $71,468.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($30k) Expenses 100 ($24k) Net assets 100 ($21k)2021 Revenue 1099 ($330k) Expenses 429 ($103k) Net assets 12899 ($2.7M)2022 Revenue 1108 ($333k) Expenses 376 ($90k) Net assets 14078 ($2.9M)2023 Revenue 8654 ($2.6M) Expenses 1237 ($297k) Net assets 26455 ($5.4M)2024 Revenue 6925 ($2.1M) Expenses 674 ($162k) Net assets 35087 ($7.2M)
20202021202220232024
Revenue (6925)Expenses (674)Net assets (35087)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.9M to $5.6M (+92%).

$21k
$2.7M
$2.9M
$5.6M
$7.2M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 38% · 2024 48%. Grants only. Government contracts and fees sit inside program revenue.

95% of FULLMER LEGACY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 2,035 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

’20
$227k
’21
$243k
’22
$2.3M
’23
$1.9M
’24
47
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

David Butterfield

President chair

As listed on its FY2024 Form 990.

20202021202220232024
Listed89101010
Joined·+1+1+0+1
No longer listed·0001
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $301k → $1.2M.

1 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FULLMER LEGACY FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FULLMER LEGACY FOUNDATION leans on a few funders — its largest provides 47% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

47%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2022 100% · 2023 42% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FULLMER LEGACY FOUNDATION draws 79% of its grant income from funders outside Utah, across 3 states in all.

UT
CO
MD

In-state vs out-of-state, by year

’22
’23
Utah out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FULLMER LEGACY FOUNDATION holds deeper cash reserves than three-quarters of the 1,928 youth development nonprofits its size.

Operating margin92% · outside the comparable range
Months of reserve47.2mo · top quartile
Revenue growth (annualized)188% · top quartile

this organization peer median middle 50% of peers· 1,928 youth development nonprofits $1M–$10M, FY2024

Organizations like FULLMER LEGACY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Utah

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

44% of spending goes to programs.

Program 44%Management 53%Fundraising 2%

Governance

10
board members
90%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FULLMER LEGACY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FULLMER LEGACY FOUNDATION?
FULLMER LEGACY FOUNDATION (Utah) receives grants from 9 organizations whose IRS filings report $3,161,500 to it, the largest being THE KAHLERT FOUNDATION INC ($1,500,000). 2 of them have funded it in more than one year.
How many funders does FULLMER LEGACY FOUNDATION have?
IRS filings report 9 organizations giving $3,161,500 in grants to FULLMER LEGACY FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of FULLMER LEGACY FOUNDATION?
THE KAHLERT FOUNDATION INC is the largest funder on record, with $1,500,000 in grants. The full list of funders is on this page.
How can an organization like FULLMER LEGACY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Fullmer Legacy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing