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Utah · Nonprofit

Salt Lake Chamber Foundation

Salt Lake Chamber Foundation (Utah) receives grants from 14 organizations whose IRS filings report $1,022,860 to it, the largest being WCF FOUNDATION ($550,000). 5 of them have funded it in more than one year.

Revenue FY2025
$1.8M
Funders on record
14
Grants received
$1.0M
Net assets
$2.4M
5/14 repeat funderspeak grant-dependency 71%
01What it does

What Salt Lake Chamber Foundation does

Mission

We stand as the voice of business, support our member's success and champion community prosperity.

As stated on its FY2025 Form 990.

Programs

  1. General programming: provide education and educational material to business leaders and employees ranging from educating small and start-up business entrepreneurs in all aspects of starting up and running a business to providing education programs for business leaders on community and public issues. Provide funding to 501 (c) (3) organizations who's programs support the mission of the foundation.

    $534,617 spentof which $54,250 as grants$169,519 earned by the program
    46% of program spending
  2. Utah Rising: A free enterprise vision for Utah's economy. Driven by proven principles, while outlining opportunities for ongoing success and sustainable growth, the vision will address critical issues with innovative, long term economic solutions for all who call Utah home. The mission of Utah Rising is to "lead private sector efforts and collaborate with public sector partners to secure statewide prosperity." Utah Rising will concentrate on six strategic focus areas: Utah's work force, transportation, business environment, housing, livability, and natural resources.

    $416,985 spent
    36% of program spending
  3. Utah Community Builders: Provide a forum to target and tackle community challenges, to provide a conduit for our business community to impact social good, and convene problem solvers, identify challenges, evaluate solutions, inform policy and facilitate changes for good in Utah.

    $203,363 spent
    18% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,154,965.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($292k) Expenses 100 ($168k) Net assets 100 ($308k)2018 Revenue 65 ($189k) Expenses 74 ($124k) Net assets 121 ($373k)2019 Revenue 48 ($140k) Expenses 119 ($199k) Net assets 102 ($314k)2020 Revenue 264 ($773k) Expenses 399 ($671k) Net assets 135 ($415k)2021 Revenue 140 ($409k) Expenses 130 ($218k) Net assets 197 ($606k)2022 Revenue 40 ($118k) Expenses 108 ($182k) Net assets 176 ($541k)2023 Revenue 65 ($191k) Expenses 36 ($61k) Net assets 218 ($671k)2024 Revenue 466 ($1.4M) Expenses 197 ($331k) Net assets 602 ($1.9M)2025 Revenue 621 ($1.8M) Expenses 726 ($1.2M) Net assets 795 ($2.4M)
'17'18'19'20'21'22'23'24'25
Revenue (621)Expenses (726)Net assets (795)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 2023 to 2024, from $671k to $1.9M (+189%).

$309k
$414k
$344k
$490k
$651k
$543k
$671k
$1.9M
$2.6M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 26% · 2018 40% · 2019 54% · 2020 7% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

89% of Salt Lake Chamber Foundation’s revenue is contributions — more donation-reliant than the typical peer (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$124k
’17
$65k
’18
−$59k
’19
$101k
’20
$191k
’21
−$64k
’22
$130k
’23
$1.0M
’24
$594k
’25
23
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

Jeremy Hafen

Board Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24'25
Listed313227282426262428
Joined·+4+7+6+3+10+9+4+9
No longer listed·312578965
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $25k → $43k.

2 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $40k from one payer (the payer shares this organization's board, largest Utah Community Builders). These are real filings, and they are not money Salt Lake Chamber Foundation raised.

From the IRS filings of Salt Lake Chamber 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

Salt Lake Chamber Foundation leans on a few funders — its largest provides 54% of grant income and the top three 78%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

54%
largest funder
78%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 91% · 2021 62% · 2022 91% · 2023 46% — 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.

How long its funders stay

33% of Salt Lake Chamber Foundation's funders are still giving 2 years after their first grant; 36% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

96% of Salt Lake Chamber Foundation's grant income comes from Utah funders.

NY
UT
VA

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

’19
’20
’21
’22
’23
Utah out of state home

Funder states come from each funder’s own filing. $42k arriving through sponsors registered in 2 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

Salt Lake Chamber Foundation runs a healthier operating margin than three-quarters of the 1,012 employment nonprofits its size.

Operating margin33% · top quartile
Months of reserve22.6mo · top quartile
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025

Organizations like Salt Lake Chamber 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

95% of spending goes to programs.

Program 95%Management 4%Fundraising 2%

Governance

26
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

69%

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

Footprint & structure

Files a return copy in 1 state

UT

Part of a family of 6 related entities

  • Utah Chamber · exempt
  • Downtown Alliance Inc · exempt
  • Downtown Slc Presents · exempt
  • Salt Lake Chamber Women's Business Center · exempt
  • Urban Food Connections of Utah · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Salt Lake Chamber 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 Salt Lake Chamber Foundation?
Salt Lake Chamber Foundation (Utah) receives grants from 14 organizations whose IRS filings report $1,022,860 to it, the largest being WCF FOUNDATION ($550,000). 5 of them have funded it in more than one year.
How many funders does Salt Lake Chamber Foundation have?
IRS filings report 14 organizations giving $1,022,860 in grants to Salt Lake Chamber Foundation, 5 of which have funded it in more than one year.
Who is the largest funder of Salt Lake Chamber Foundation?
WCF FOUNDATION is the largest funder on record, with $550,000 in grants. The full list of funders is on this page.
How can an organization like Salt Lake Chamber 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 FY2025 (financials across 2017–2025), and the filings of 14 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