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Nonprofit · EIN 92-6155360

UNIVERSITY IMPACT CHARITABLE TR

Also known as DANIEL BLAKE TTEE

Tax-exempt · PROVO, UT 84604

Financials

$8.2M$3.5M2023$26.2M$9.5M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY IMPACT CHARITABLE TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$26,227,876$9,529,496$16,698,380$8,459,935$0$8,459,935
December 31, 2023990$8,159,985$3,482,902$4,677,083$128,254$0$128,254
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,726,238
Program service revenue
$0
Investment income
$8,501,638
Net gain from sales of assets
$3,017,675
Other revenue
$0

Expenses

Grants and similar amounts paid
$8,203,676
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$8,203,676
Management and general (functional)
$1,325,820

Balance sheet and other

Total assets, start of year
$128,254
Total assets, end of year
$8,459,935
Total liabilities, end of year
$0
Net assets, end of year
$8,459,935
Net assets without donor restrictions
$8,459,935
Gross unrelated business income
$8,501,638
Gross receipts
$31,773,146
Employees
0
Volunteers
3
Year formed
2022
State of legal domicile
UT

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DANIEL BLAKETRUSTEE
Trustee or director, Officer
1$0
HYRUM GRENNYTRUSTEE
Trustee or director
1$0
JACOB LUNDSKOGTRUSTEE (PART YEAR)
Trustee or director
1$0
JOELLEN NICHOLSONTRUSTEE (THROUGH JANUARY 2024)
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgs
DANIEL BLAKETRUSTEE
Trustee or director
1$0$147,692
JOELLEN NICHOLSONTRUSTEE
Trustee or director
1$0$144,258
HYRUM GRENNYTRUSTEE
Trustee or director
1$0$86,154
DANIEL BLAKETRUSTEE
Trustee or director, Officer
1$0$6,000

Address and contacts

Address (IRS master file)
3507 N UNIVERSITY AVE STE 125, PROVO, UT 84604-6682
In care of
% DANIEL BLAKE
Principal officer (990 for 2024)
DANIEL BLAKE, 3507 N UNIVERSITY AVE SUITE 125, PROVO, UT 84604
Signed the 990
DANIEL BLAKE, TRUSTEE
Phone
(317) 236-2167
Return prepared by
Forvis Mazars LLP

Mission

The Charitable Trust's charitable purposes include accepting donations of business interests, liquidating those interests, and granting those funds to its supported organization, University Impact.

990 for the year ended December 31, 2024

Program accomplishments

  • Accepting donations of business interests
    Expenses $8,203,676 · grants $8,203,676

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-6155360
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,459,935
Income (IRS master file)
$31,773,146

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$26,227,876$9,529,496$8,459,935XML
990-TDecember 2024–––IRS
990December 2023$8,159,985$3,482,902$128,254XML
990-EZDecember 2022–––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 92-6155360).

Questions about UNIVERSITY IMPACT CHARITABLE TR

What is the EIN of UNIVERSITY IMPACT CHARITABLE TR?
The employer identification number (EIN) of UNIVERSITY IMPACT CHARITABLE TR is 92-6155360.
Is UNIVERSITY IMPACT CHARITABLE TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to UNIVERSITY IMPACT CHARITABLE TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does UNIVERSITY IMPACT CHARITABLE TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY IMPACT CHARITABLE TR 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 UNIVERSITY IMPACT CHARITABLE TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of UNIVERSITY IMPACT CHARITABLE TR?
The 990 for the year ended December 31, 2024 names DANIEL BLAKE.
Who are the officers and directors of UNIVERSITY IMPACT CHARITABLE TR?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY IMPACT CHARITABLE TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $26,227,876, expenses of $9,529,496 and total assets of $8,459,935 at year end.

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