Organizations Filed Purposes:
TO PROVIDE ECONOMIC STIMULUS FOR UTAH BUSINESSES BY ORGANIZING AND ACTING AS THE MANAGING MEMBER OF THE UTAH FUND OF FUNDS, LLC (EIN: 11-3775457). THE FUND IS A STATE OF UTAH ECONOMIC DEVELOPMENT PROGRAM AIMED AT PROVIDING ACCESS TO ALTERNATIVE OR NON-TRADITIONAL CAPITAL TO UTAH ENTERPRENEURS.
UTAH CAPITAL INVESTMENT CORP WAS ESTABLISHED FOR THE MANAGEMENT OF THE UTAH FUND OF FUNDS, LLC (EIN: 11-3775457).UFOF IS A LIMITED LIABILITY COMPANY ORGANIZED UNDER THE LAWS OF THE STATE OF UTAH. UFOF COMMENCED OPERATIONS ON MARCH 16, 2006. UFOF IS A STATE OF UTAH ECONOMIC DEVELOPMENT PROGRAM AIMED AT PROVIDING ACCESS TO ALTERNATIVE OR NON-TRADITIONAL CAPITAL BY UTAH ENTREPRENEURS. IT DOES NOT INVEST MONEY INTO ANY COMPANY OR INDIVIDUAL BUT RATHER INVESTS IN VENTURE CAPITAL AND PRIVATE EQUITY FUNDS THAT COMMIT TO ESTABLISHING A WORKING RELATIONSHIP WITH THE FUND AND WITH UTAH'S START-UP AND BUSINESS COMMUNITY, AND MAKING INVESTMENTS IN QUALIFIED COMPANIES. UFOF INVESTS IN VENTURE CAPITAL AND PRIVATE EQUITY FUNDS LOCATED BOTH IN UTAH AND OUTSIDE OF UTAH. AS OF DECEMBER 31, 2018 UFOF'S PORTFOLIO OF FUNDS HAD 46 INVESTMENTS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Bret Jepsen | MANAGING DIRECTOR | 50 | $305,000 |
| Emma Peterson | OFFICE MANAGER | 40 | $54,500 |
| Robert Majika | BOARD MEMBER | 1 | $0 |
| Bob Majka | BOARD MEMBER | 1 | $0 |
| Pam Mccomas | BOARD MEMBER | 1 | $0 |
| Scott Peterson | CHAIRMAN | 1 | $0 |
| Ed Esber | BOARD MEMBER | 1 | $0 |
| Mel Lavitt | BOARD MEMBER | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202023189349306772_public.xml