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    3. Jeito Foundation

    Jeito Foundation

    ActiveReligion-Related
    MESA, AZ4805059500EIN: 41-21528243 filings on record
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    About Jeito Foundation

    The Jeito Foundation concentrates almost all of its giving on The Church of Jesus Christ of Latter-day Saints and church-related activities, with a secondary emphasis on Mormon-affiliated higher education. Nearly the entire portfolio supports religious activities and institutions, typically through a small number of very large gifts. The foundation appears to prioritize institutional support for the LDS Church’s needs and for BYU educational programs rather than a broad array of nonprofits or geographic diversification.

    Focus Areas

    General operating and program support for The Church of Jesus Christ of Latter-day SaintsFunding for Mormon-affiliated higher education (Brigham Young University)Church-run humanitarian and programmatic initiatives (LDS philanthropic programs)

    Who They Fund

    members of The Church of Jesus Christ of Latter-day SaintsBrigham Young University students and facultyfaith-based organizations/institutions

    Giving Approach

    Highly concentrated: very few grants (4 total), dominated by one recipient (three grants to the LDS Church totaling $1.4M). Large single gifts rather than many small donations; repeat funding to the same institutional grantees.

    Financial Snapshot

    Annual Giving

    $500K

    Total Assets

    $24.2M

    Total Revenue

    $2M

    Total Expenses

    $882K

    Typical Grant Size

    Most grants fall between $250K and $450K, with a median of $400K.

    25th Percentile

    $250K

    Median

    $400K

    75th Percentile

    $450K

    Geographic Reach

    Regional1 state funded

    About 0% of grants go to recipients in UT.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    WILFORD A CARDON

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    Funding Style

    responsive/unrestricted institutional supportoperational support for faith-based organizationsprogram-specific educational supportinstitutional capacity building

    Notable grantees: The Church of Jesus Christ of Latter-day Saints, Brigham Young University, Church-affiliated humanitarian and programmatic arms (inferred as a funding target)

    Topics

    religious institution supportfaith-based higher educationuniversity educational program fundingchurch-run community services
    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTSSALT LAKE CITY, UT$500,0002025SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN RESPONSE TO ITS NEEDS.
    THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTSSALT LAKE CITY, UT$400,0002024SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN RESPONSE TO ITS NEEDS.
    BRIGHAM YOUNG UNIVERSITYPROVO, UT$100,0002024SUPPORTED EDUCATIONAL PROGRAMS OF BYU
    THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTSSALT LAKE CITY, UT$500,0002023SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN RESPONSE TO ITS NEEDS.

    THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS

    $500,000
    SALT LAKE CITY, UT2025

    SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN RESPONSE TO ITS NEEDS.

    THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS

    $400,000
    SALT LAKE CITY, UT2024

    SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN RESPONSE TO ITS NEEDS.

    BRIGHAM YOUNG UNIVERSITY

    $100,000
    PROVO, UT2024

    SUPPORTED EDUCATIONAL PROGRAMS OF BYU

    THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS

    $500,000
    SALT LAKE CITY, UT2023

    SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN RESPONSE TO ITS NEEDS.