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Nonprofit · EIN 88-1454262

AMP FOUNDATION

Tax-exempt · SALT LAKE CTY, UT 84121

Financials

−$1.2M$02023$47K$68K2024
Revenue Expenses · by fiscal year end
Financials of AMP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$47,414$68,000-$20,586$1,524,728$0$1,524,728
December 31, 2023990-PF-$1,151,962$0-$1,151,962$1,545,314$0$1,545,314
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$33,777
Dividends
$11,926
Net gain from sales of assets
$1,711

Expenses

Grants and similar amounts paid
$68,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$68,000
Excise tax on investment income
$190

Balance sheet and other

Total assets, start of year
$1,545,314
Total assets, end of year
$1,524,728
Total liabilities, end of year
$0
Net assets, end of year
$1,524,728
Fair market value of assets
$2,624,000
Qualifying distributions
$68,000
Net investment income
$13,637

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
Amy Marie Driggs
2361 E Wrenhaven Lane, Holladay, UT 84117
Board Member1$0
Steven W Driggs
2361 E Wrenhaven Lane, Holladay, UT 84117
Board Member1$0
Carol Beckstrand
5156 Cottonwood Lane, Salt Lake City, UT 84117
Board Member1$0
Richard Beckstrand
5156 Cottonwood Lane, Salt Lake City, UT 84117
Board Member1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Amy Marie Driggs
2361 E Wrenhaven Lane, Holladay, UT 84117
Board Member1$0
Steven W Driggs
2361 E Wrenhaven Lane, Holladay, UT 84117
Board Member1$0
Carol Beckstrand
5156 Cottonwood Lane, Salt Lake City, UT 84117
Board Member1$0
Richard Beckstrand
5156 Cottonwood Lane, Salt Lake City, UT 84117
Board Member1$0

Address and contacts

Address (IRS master file)
6322 S 3000 E STE 160, SALT LAKE CTY, UT 84121-7290
In care of
% AMY MARIE DRIGGS
Signed the 990-PF
Richard Beckstrand, Board Member
Phone
(801) 944-7722
Return prepared by
Joseph B Glass & Associates

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
88-1454262
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
2024
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,524,728
Income (IRS master file)
$60,395

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$47,414$68,000$1,524,728XML
990-PFDecember 2023-$1,151,962$0$1,545,314XML
990-PFMarch 2023–––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 88-1454262).

Questions about AMP FOUNDATION

What is the EIN of AMP FOUNDATION?
The employer identification number (EIN) of AMP FOUNDATION is 88-1454262.
Is AMP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to AMP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does AMP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of AMP 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 AMP 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 AMP FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does AMP FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $47,414, expenses of $68,000 and total assets of $1,524,728 at year end.

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