Civic Intelligence

Benning Endowment Fund Wfs102560

EIN 87-6214072 • 501(c)3 • Salt Lake City, UT

Profile

This organization provides fellowship grants to the university of utah school of medicine

PO Box 30880Salt Lake City, UT 84130-9604

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

20th percentile

-6.8%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

36th percentile

$210,322

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

30th percentile

0.0%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

42%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Up

$28,094,450

Up $9,143 (+0.0%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$28,094,450

Up $9,143 (+0.0%) from 2024

Revenue

Up

$1,704,631

Up $506,669 (+42%) from 2024

Expenses

Up

$1,821,300

Up $19,626 (+1.1%) from 2024

Net Income

Up

-$116,669

Up $487,043 (+81%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $20,697,103Liabilities 2011: $0Net Assets 2011: $20,697,1032011Assets 2012: $20,243,104Liabilities 2012: $0Net Assets 2012: $20,243,1042012Assets 2013: $19,966,508Liabilities 2013: $0Net Assets 2013: $19,966,5082013Assets 2014: $20,102,732Liabilities 2014: $0Net Assets 2014: $20,102,7322014Assets 2015: $19,917,833Liabilities 2015: $0Net Assets 2015: $19,917,8332015Assets 2016: $19,448,441Liabilities 2016: $0Net Assets 2016: $19,448,4412016Assets 2017: $19,450,570Liabilities 2017: $0Net Assets 2017: $19,450,5702017Assets 2018: $19,735,937Liabilities 2018: $0Net Assets 2018: $19,735,9372018Assets 2019: $19,860,635Liabilities 2019: $0Net Assets 2019: $19,860,6352019Assets 2020: $20,287,852Liabilities 2020: $0Net Assets 2020: $20,287,8522020Assets 2021: $22,369,635Liabilities 2021: $0Net Assets 2021: $22,369,6352021Assets 2022: $28,983,091Liabilities 2022: $0Net Assets 2022: $28,983,0912022Assets 2023: $28,651,355Liabilities 2023: $0Net Assets 2023: $28,651,3552023Assets 2024: $28,085,307Liabilities 2024: $0Net Assets 2024: $28,085,3072024Assets 2025: $28,094,450Liabilities 2025: $0Net Assets 2025: $28,094,4502025

Highlighted filing

2025

Assets$28,094,450
Liabilities$0
Net Assets$28,094,450

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $637,670Expenses 2011: $1,068,652Net Income 2011: -$430,9822011Revenue 2012: $699,558Expenses 2012: $1,147,736Net Income 2012: -$448,1782012Revenue 2013: $873,220Expenses 2013: $1,150,965Net Income 2013: -$277,7452013Revenue 2014: $1,392,420Expenses 2014: $1,234,298Net Income 2014: $158,1222014Revenue 2015: $1,173,684Expenses 2015: $1,373,530Net Income 2015: -$199,8462015Revenue 2016: $943,875Expenses 2016: $1,428,501Net Income 2016: -$484,6262016Revenue 2017: $1,380,430Expenses 2017: $1,375,379Net Income 2017: $5,0512017Revenue 2018: $1,722,324Expenses 2018: $1,431,203Net Income 2018: $291,1212018Revenue 2019: $1,642,641Expenses 2019: $1,519,061Net Income 2019: $123,5802019Revenue 2020: $1,988,488Expenses 2020: $1,519,466Net Income 2020: $469,0222020Revenue 2021: $3,675,214Expenses 2021: $1,580,178Net Income 2021: $2,095,0362021Revenue 2022: $6,742,373Expenses 2022: $1,794,480Net Income 2022: $4,947,8932022Revenue 2023: -$259,918Expenses 2023: $1,834,013Net Income 2023: -$2,093,9312023Revenue 2024: $1,197,962Expenses 2024: $1,801,674Net Income 2024: -$603,7122024Revenue 2025: $1,704,631Expenses 2025: $1,821,300Net Income 2025: -$116,6692025

Highlighted filing

2025

Revenue$1,704,631
Expenses$1,821,300
Net Income-$116,669

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.1$0.00$28.1$1.70$1.82$0.12
2024Detailed filing. Detailed filing data is available for this year.$28.1$0.00$28.1$1.20$1.80$0.60
2023Detailed filing. Detailed filing data is available for this year.$28.7$0.00$28.7$0.26$1.83$2.09
2022Detailed filing. Detailed filing data is available for this year.$29.0$0.00$29.0$6.74$1.79$4.95
2021Detailed filing. Detailed filing data is available for this year.$22.4$0.00$22.4$3.68$1.58$2.10
2020Detailed filing. Detailed filing data is available for this year.$20.3$0.00$20.3$1.99$1.52$0.47
2019Summary only. Only limited summary data is available for this year.$19.9$0.00$19.9$1.64$1.52$0.12
2018Summary only. Only limited summary data is available for this year.$19.7$0.00$19.7$1.72$1.43$0.29
2017Summary only. Only limited summary data is available for this year.$19.5$0.00$19.5$1.38$1.38$0.01
2016Summary only. Only limited summary data is available for this year.$19.4$0.00$19.4$0.94$1.43$0.48
2015Summary only. Only limited summary data is available for this year.$19.9$0.00$19.9$1.17$1.37$0.20
2014Summary only. Only limited summary data is available for this year.$20.1$0.00$20.1$1.39$1.23$0.16
2013Summary only. Only limited summary data is available for this year.$20.0$0.00$20.0$0.87$1.15$0.28
2012Summary only. Only limited summary data is available for this year.$20.2$0.00$20.2$0.70$1.15$0.45
2011Summary only. Only limited summary data is available for this year.$20.7$0.00$20.7$0.64$1.07$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$17,727,771
Mission and Program Overview

Mission

This organization provides fellowship grants to the university of utah school of medicine.

This organization provides fellowship grants to the university of utah school of medicine

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$28,085,307$28,094,450▲ $9,143
Investments in Publicly Traded Securities$27,676,047$27,719,970▲ $43,923
Savings and Temporary Cash Investments$409,260$374,480▼ $34,780
Total Assets$28,085,307$28,094,450▲ $9,143
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,085,307$28,094,450▲ $9,143
Total Liabilities and Net Assets / Fund Balance$28,085,307$28,094,450▲ $9,143
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$210,322$210,322
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,693,762
Other Revenue
$10,869
Change in Net Assets
$-116,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,492,821
Salaries, Compensation, and Employee Benefits$210,322
Other Expenses$118,157
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,492,821--$1,492,821
Current Officers, Directors, Trustees, and Key Employees-$210,322-$210,322
Fees for Service Investment Mgmnt Fees-$83,353-$83,353
All Other Expenses-$18,235-$18,235
Royalties-$16,232-$16,232
Fees for Services Other-$337-$337
Total Functional Expenses$1,492,821$328,479$0$1,821,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11-description of Process for Review

Trustee receives and reviews the form 990

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

The organization complies with the same policy and enforcement ast its trustees

Form 990, Page 6, Part VI, Line 19

No documents are made available to the public

Filing and Contact Details

Filer

Filer Name
Benning Endowment Fund Wfs102560
EIN
87-6214072
Phone
8009748800
Address
PO BOX 30880, SALT LAKE CITY, UT 84130-9604

Signing Officer

Name
Zions Bancorporation N a
Title
Trustee
Phone
8009748800
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christian Heinrich
Formed
1990
Legal Domicile
Ut
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
800 YARD STREET SUITE 200, Grandview Heights, OH 43212
Preparer
Joseph B Hull
Phone
6142327290
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Cost basis adjustment $125,812.

Raw XML Appendix391 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt016023140
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SENIOR VP OF THE UNIVERSITY OF UTAH HEALTH SCIENCES MEETS TWICE A YEAR WITH THE TRUSTEE TO DISCUSS INVESTMENT STRATEGIES. THE SENIOR VP REPORTS TO THE TRUSTEE WITH A PLAN FOR THE USE OF THE FUNDS ANNUALLY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE TRUST IS ULTIMATELY CONTROLLED BY THE SENIOR VP FOR HEALTH SCIENCES AT THE UNIVERSITY OF UTAH. THE TRUSTEE MEETS WITH HER TWICE A YEAR TO DISCUSS AND APPROVE INVESTMENTS AND USE OF FUNDS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE BENNING ENDOWMENT FUND PROVIDES THE LARGEST ENDOWMENT FUNDING FOR THE UNIVERSITY OF UTAH, THE DISTRIBUTIONS SOLEY SUPPORTS BENNING FELLOWSHIPS AND THE BENNING SOCIETY. THESE ARE THE LARGEST AND MOST PRESTIGIOUS FELLOWSHIPS AND THE RESEARCH ACTIVITIES OF THE 12 BENNING FOLLOWERS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECION D LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV SECTION D LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV SECTION E LINE 2a
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IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt032514753
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt030148470
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IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt01138016
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF UTAH SCHOOL OF MEDICINE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRUSTEE RECEIVES AND REVIEWS THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION COMPLIES WITH THE SAME POLICY AND ENFORCEMENT AST ITS TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COST BASIS ADJUSTMENT $125,812.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ZIONS BANCORPORATION N A
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum08009748800
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BENNING ENDOWMENT FUND WFS102560
ReturnHeader/Filer/BusinessNameControlTxt0BENN
ReturnHeader/Filer/EIN0876214072
ReturnHeader/Filer/PhoneNum08009748800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 30880
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 YARD STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Grandview Heights
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043212
ReturnHeader/PreparerPersonGrp/PhoneNum06142327290
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B HULL
ReturnHeader/ReturnTs02025-11-14T11:01:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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