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Utah · Nonprofit

Meaning Foundation

Meaning Foundation (Utah) receives grants from 19 organizations whose IRS filings report $2,678,651 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,076,400). 5 of them have funded it in more than one year, and 61% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.6M
Funders on record
19
Grants received
$2.7M
Net assets
$1.2M
5/19 repeat funderspeak grant-dependency 98%
01What it does

What Meaning Foundation does

Mission

The Meaning Foundation the Organization or TMF is a non-profit organization committed to eliminating barriers to meaningful employment for the formerly incarcerated. We believe that adaptive combination of foundation healing workforce development and meaningful employment is the most powerful mechanism for enabling long-term human transformation and multi-generational socioeconomic impact.

As stated on its FY2024 Form 990.

Programs

  1. The Meaning Foundations program model establishes scalable employment pipelines between human services organizations and enterprise employers.

    $1,345,389 spentof which $135,000 as grants
    100% of program spending
  2. Not described on the e-filed return.

    $0 spent
    0% of program spending
  3. Not described on the e-filed return.

    $0 spent
    0% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,345,389.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 0 ($0) Expenses 0 ($0) Net assets 0 ($0)2019 Revenue 100 ($757k) Expenses 100 ($800k) Net assets 100 ($15k)2020 Revenue 2 ($18k) Expenses 3 ($20k) Net assets 84 ($13k)2021 Revenue 0 ($0) Expenses 0 ($3k) Net assets 65 ($10k)2022 Revenue 13 ($102k) Expenses 0 ($4k) Net assets 704 ($108k)2023 Revenue 218 ($1.7M) Expenses 84 ($672k) Net assets 7076 ($1.1M)2024 Revenue 211 ($1.6M) Expenses 186 ($1.5M) Net assets 7808 ($1.2M)
2018201920202021202220232024
Revenue (211)Expenses (186)Net assets (7808)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 $108k to $1.1M (+905%).

$0
$15k
$13k
$10k
$108k
$1.1M
$1.2M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of Meaning Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

$0
’18
−$43k
’19
−$2k
’20
−$3k
’21
$98k
’22
$981k
’23
$113k
’24
9.8
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.

Chief executive

Taylor Adams

Chief Executive Officer

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed11111111
Joined·······
No longer listed·······
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $97k → $990k.

10 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 61% 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 Meaning 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

Meaning Foundation leans on a few funders — its largest provides 40% of grant income and the top three 65%; half comes from just 2 funders.

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

69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Meaning Foundation.

40%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2019 52% · 2020 100% · 2022 100% · 2023 66% — growing more concentrated.

“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

61% of Meaning Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.0M that is directly attributable, 100% of it comes from funders outside Utah, across 8 states.

WA
MA
CA
DE
AZ
DC
OK
TX

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

’19
’23
Utah out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 6 states 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

Meaning Foundation holds deeper cash reserves than three-quarters of the 11,263 human services nonprofits its size.

Operating margin7% · above the median
Months of reserve9.8mo · top quartile
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like Meaning 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

90% of spending goes to programs.

Program 90%Management 7%Fundraising 3%

Governance

1
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

96%

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

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Belief Institute LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Meaning 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Meaning Foundation?
Meaning Foundation (Utah) receives grants from 19 organizations whose IRS filings report $2,678,651 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,076,400). 5 of them have funded it in more than one year, and 61% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Meaning Foundation have?
IRS filings report 19 organizations giving $2,678,651 in grants to Meaning Foundation, 5 of which have funded it in more than one year.
Who is the largest funder of Meaning Foundation?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $1,076,400 in grants. The full list of funders is on this page.
How can an organization like Meaning 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 19 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