Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 45-3240491

SORENSON LEGACY FOUNDATION

Tax-exempt · MIDVALE, UT 84047

Financials

$12.2M$32.1M2023$23.5M$36M2024
Revenue Expenses · by fiscal year end
Financials of SORENSON LEGACY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$23,522,958$36,014,125-$12,491,167$465,505,478$263,490$465,241,988
December 31, 2023990-PF$12,184,915$32,138,762-$19,953,847$457,366,003$312,132$457,053,871
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$9,921,271
Net gain from sales of assets
$11,939,625
Other income
$1,662,062

Expenses

Grants and similar amounts paid
$33,186,333
Compensation of officers, directors and key employees
$631,500
Disbursements for charitable purposes
$29,044,191
Excise tax on investment income
$407,129

Balance sheet and other

Total assets, start of year
$457,366,003
Total assets, end of year
$465,505,478
Total liabilities, end of year
$263,490
Net assets, end of year
$465,241,988
Fair market value of assets
$465,505,478
Qualifying distributions
$29,044,191
Net investment income
$31,413,852

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RALPH JOHNSON
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR6$92,000
DALE HARRIS
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR5$84,500
ANN CROCKER
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR4$81,500
GARY CROCKER
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR4$78,500
SHAUNA JOHNSON
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR5$77,500
THOM WILLIAMSEN
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR3$76,000
CHRISTINE HARRIS
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR3$74,500
GAIL WILLIAMSEN
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR3$67,000
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
DALE HARRIS
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR5$92,500
RALPH JOHNSON
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR6$89,500
SHAUNA JOHNSON
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR5$82,000
GARY CROCKER
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR4$72,500
THOM WILLIAMSEN
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR3$70,000
ANN CROCKER
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR4$68,500
CHRISTINE HARRIS
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR3$68,500
GAIL WILLIAMSEN
6900 S 900 E 230, MIDVALE, UT 84047
DIRECTOR3$65,500

Address and contacts

Address (IRS master file)
6900 S 900 E STE 230, MIDVALE, UT 84047-5820
In care of
% TERRY HODDER
Signed the 990-PF
CHARLES ANDERSON, TREASURER
Phone
(801) 461-9700
Return prepared by
EIDE BAILLY LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-3240491
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$465,505,478
Income (IRS master file)
$34,792,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$23,522,958$36,014,125$465,505,478IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$12,184,915$32,138,762$457,366,003XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3240491).

Questions about SORENSON LEGACY FOUNDATION

What is the EIN of SORENSON LEGACY FOUNDATION?
The employer identification number (EIN) of SORENSON LEGACY FOUNDATION is 45-3240491.
Is SORENSON LEGACY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to SORENSON LEGACY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SORENSON LEGACY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SORENSON LEGACY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SORENSON LEGACY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SORENSON LEGACY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 8 received compensation from the organization, the highest $92,000 (RALPH JOHNSON, DIRECTOR).
How much revenue does SORENSON LEGACY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $23,522,958, expenses of $36,014,125 and total assets of $465,505,478 at year end.

Other nonprofits in MIDVALE

All nonprofits in MIDVALE · Utah · Philanthropy, voluntarism and grantmaking foundations