Orrin G Hatch Foundation FY2022 filing

Tax-deductible

Salt Lake Cty, UT501(c)(3)Arts & CultureEIN 47-4823732Revenue $943K in FY2022

On file with the IRS411 E South Temple, 84111-1302 · Salt Lake Cty, UTTax-exempt since Dec 2015Publicly supported charity — 170(b)(1)(A)(vi)

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The Orrin G. Hatch Foundation is an incubator for policy scholarship, a forum for political discourse, a springboard for civic engagement, and a world-class repository of modern american legislative history know as the Orrin G. Hatch collection.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
$310K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $371K a year · 12% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$310K
to officers and key staff · 31% of spending
Concern: pay to officers and key staff is 31% of spending; over 30%.
Pt VII · Sec A
Cash reserves
40 mo
of spending, in cash
Looks good: 39.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $175K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.0M
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$943K
-68% vs prior year
Spent
$1.0M
To programs
62%
Net assets
$10.7M
By yearFY2019–FY2024
Revenue
$943K
FY2022▼ -68%
Tap a bar for its year
Revenue by fiscal year
FY2019$8.9M
FY2020$3.8M
FY2021$3.0M
FY2022$943K
FY2023$1.1M
FY2024$1.1M
Expenses
$1.0M
FY2022▼ -90%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.9M
FY2020$2.0M
FY2021$9.8M
FY2022$1.0M
FY2023$930K
FY2024$918K
Net assets
$10.7M
FY2022▼ -19%
Tap a bar for its year
Net assets by fiscal year
FY2019$18.3M
FY2020$20.1M
FY2021$13.3M
FY2022$10.7M
FY2023$12.0M
FY2024$13.7M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $625K Management & general 31% · $309K Fundraising 8% · $76K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $310K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$230,315Pt VII · Sec A
Director
$80,079Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Matthew Sandgren’s $230K as Executive Di is at the 90th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Matthew Sandgren$230,000$232,500$230,315$275,015$242,911$304,516
Sam Lyman———$110,385——
Melanie Bowen———$108,888——
Sara Ebert——$80,079$91,264$83,553$76,091

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Incubates policy scholarship, hosts political discourse, and promotes civic engagement.

Questions for Orrin G Hatch Foundation

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Provided by the organization

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1 program · $625K · in their own filed words · FY2022
01

The organization continues to host numerous senators, foreign policy experts, industry leaders, and leading scholars to discuss the challenges facing our country. In-person and virtual events are periodically held, addressing legislative issues of the day and bringing stakeholders together for civil, bipartisan SOLUTIONS..2022 saw the…

$625Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 1 grant · $8.0M · 2021–2021
University of UtahUT · FY2021$8,000,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$943K
Ln 12
Gifts and grantsLn 1h$668K
Investment incomeLn 3$314K
Money outPt IX
$1.0M
Ln 25
Programscol B$625K
Managementcol C$309K
Fundraisingcol D$76K
Owns and owesPt X
$10.7M
net assets · Ln 32
Cash and savingsLn 1–2$3.3M
Total assetsLn 16$16.8M
LiabilitiesLn 26$6.0M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$668K
Noncash giftsLn 1g$29K
Fundraising eventsLn 1c$29K
Investment incomeLn 3$314K
Gains on assetsLn 7−$150K
Total revenueLn 12$943K
Assets in detailPt X, end of year
CashLn 1$3.3M
Cash and savings togetherLn 1–2$3.3M
InvestmentsLn 11–13$12.8M
Total assetsLn 16$16.8M
LiabilitiesLn 26$6.0M
Net assetsLn 32$10.7M
OperationsPt I, VI
EmployeesI 55
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$3.4M$3.3M
InvestmentsLn 11–13$15.1M$12.8M
Total assetsLn 16$20.0M$16.8M
LiabilitiesLn 26$6.8M$6.0M
Net assetsLn 32$13.3M$10.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$430$430
Pay of current officers, directors and key staffLn 5$325K$228K$65K$33K
Other salaries and wagesLn 7$221K$159K$43K$20K
Pension plan contributionsLn 8$9K$6K$2K$883
Other employee benefitsLn 9$21K$14K$4K$2K
Payroll taxesLn 10$37K$26K$7K$4K
Accounting feesLn 11c$21K$21K
Investment management feesLn 11f$96K$96K
Other fees for servicesLn 11g$140K$117K$18K$5K
Advertising and promotionLn 12$3K$3K$19
Office expensesLn 13$14K$6K$8K$299
OccupancyLn 16$53K$37K$11K$5K
TravelLn 17$15K$11K$1K$3K
Conferences, conventions and meetingsLn 19$119$119
InsuranceLn 23$7K$522$7K
Other expenses (24a–d)Ln 24$46K$17K$25K$4K
Total functional expensesLn 25$1.0M$625K$309K$76K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.1M$918K$180K$13.7M 990 PDF
FY2023 $1.1M$930K$154K$12.0M 990 PDF
FY2022 Viewing $943K$1.0M−$66K$10.7M 990 PDF
FY2021 $3.0M$9.8M−$6.9M$13.3M 990 PDF
FY2020 $3.8M$2.0M$1.8M$20.1M 990 PDF
FY2019 $8.9M$1.9M$7.0M$18.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $943,226 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,592,355$668,066
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $377,696$313,746
I-11 Other revenuePrior year −$3,131−$38,586
I-12 Total revenuePrior year $2,966,920$943,226
I-13 Grants and similar amounts paidPrior year $8,740,000$430
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $669,794$612,668
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $428,428$395,979
I-18 Total expensesPrior year $9,838,222$1,009,077
I-19 Revenue less expensesPrior year −$6,871,302−$65,851
Part VI · Governance 7 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $943,226 across 8 lines filed
Lines not itemized here account for $1,300 of total revenue; see the IRS return.
VIII-1c Fundraising events$28,946
VIII-1f All other contributions, gifts and grants$639,120
VIII-1g Noncash contributions (included above)$28,946
VIII-1h Total contributions, gifts and grants$668,066
VIII-3 Investment incomeExcluded from tax $463,513$463,513
VIII-7 Net gain or loss on sales of assetsRelated to mission −$149,767−$149,767
VIII-8 Net income from fundraising eventsExcluded from tax −$39,886−$39,886
VIII-12 Total revenueRelated to mission −$148,467 · Unrelated business $0 · Excluded from tax $423,627$943,226
Part IX · Statement of functional expenses $1,009,077 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $430$430
IX-5 Pay of current officers, directors and key staffPrograms $227,776 · Management $65,079 · Fundraising $32,539$325,394
IX-7 Other salaries and wagesPrograms $158,601 · Management $43,003 · Fundraising $19,619$221,223
IX-8 Pension plan contributionsPrograms $6,179 · Management $1,765 · Fundraising $883$8,827
IX-9 Other employee benefitsPrograms $14,369 · Management $4,105 · Fundraising $2,053$20,527
IX-10 Payroll taxesPrograms $25,688 · Management $7,339 · Fundraising $3,670$36,697
IX-11c Accounting feesManagement $20,642$20,642
IX-11f Investment management feesManagement $96,406$96,406
IX-11g Other fees for servicesPrograms $117,075 · Management $18,446 · Fundraising $4,864$140,385
IX-12 Advertising and promotionPrograms $3,204 · Management $19$3,223
IX-13 Office expensesPrograms $5,627 · Management $8,023 · Fundraising $299$13,949
IX-16 OccupancyPrograms $37,493 · Management $10,642 · Fundraising $4,869$53,004
IX-17 TravelPrograms $10,546 · Management $1,219 · Fundraising $3,379$15,144
IX-19 Conferences, conventions and meetingsManagement $119$119
IX-23 InsurancePrograms $522 · Management $6,508$7,030
IX-24 Other expenses (24a–d)Programs $17,137 · Management $25,428 · Fundraising $3,512$46,077
IX-25 Total functional expensesPrograms $624,647 · Management $308,743 · Fundraising $75,687$1,009,077
Part X · Balance sheet $16,756,277 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $3,389,496$3,317,359
X-3 Pledges and grants receivableStart of year $801,000$600,000
X-11 Publicly traded securitiesStart of year $15,095,879$12,838,918
X-16 Total assetsStart of year $20,026,805$16,756,277
X-17 Accounts payable and accrued expensesStart of year $13,463$13,095
X-18 Grants payableStart of year $6,740,000$6,000,000
X-26 Total liabilitiesStart of year $6,753,463$6,013,095
X-27 Net assets without donor restrictionsStart of year $12,217,480$9,782,513
X-28 Net assets with donor restrictionsStart of year $1,055,862$960,669
X-32 Total net assets or fund balancesStart of year $13,273,342$10,743,182
X-33 Total liabilities and net assetsStart of year $20,026,805$16,756,277
Part XI · Reconciliation of net assets $10,743,182 net assets at year end
XI-1 Total revenue$943,226
XI-2 Total expenses$1,009,077
XI-3 Revenue less expenses−$65,851
XI-4 Net assets at start of year$13,273,342
XI-5 Net unrealized gains (losses) on investments−$2,464,309
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,743,182

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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