Nonprofit · EIN 74-2521914
JON AND KAREN HUNTSMAN FOUNDATION
Tax-exempt · SALT LAKE CTY, UT 84108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $21,275,892 | $19,928,395 | $1,347,497 | $556,501,298 | $115,989,048 | $440,512,250 |
| December 31, 2023 | 990-PF | $10,456,591 | $27,957,529 | -$17,500,938 | $504,185,798 | $78,646,728 | $425,539,070 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $5,127,593
- Net gain from sales of assets
- $14,778,739
- Other income
- $1,369,560
Expenses
- Grants and similar amounts paid
- $8,713,157
- Compensation of officers, directors and key employees
- $960,207
- Salaries, compensation and benefits (total)
- $412,286
- Disbursements for charitable purposes
- $9,881,772
- Excise tax on investment income
- $151,207
Balance sheet and other
- Total assets, start of year
- $504,185,798
- Total assets, end of year
- $556,501,298
- Total liabilities, end of year
- $115,989,048
- Net assets, end of year
- $440,512,250
- Fair market value of assets
- $556,501,298
- Qualifying distributions
- $28,511,380
- Net investment income
- $17,226,026
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | PRESIDENT/COO/DIR | 30 | $670,438 |
| THOMAS E MUIR 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | VP/CFO/TREASURER | 5 | $289,769 |
| CELESTE MERILL 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | ASSISTANT Highest-paid employee | 40 | $107,900 |
| LINDA PATINO 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | ASSISTANT Highest-paid employee | 40 | $69,772 |
| PETER R HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | CEO/DIRECTOR | 1 | $0 |
| KAREN H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | CHAIR/DIRECTOR | 1 | $0 |
| JAMES H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR | 1 | $0 |
| CHRISTOPHER H HUFFMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR | 1 | $0 |
| CHRISTENA DURHAM 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | EVP/VICE CHAIR/DIRECTOR | 20 | $0 |
| PAUL C HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | EVP/DIRECTOR | 1 | $0 |
| JENNIFER H PARKIN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | EVP/VICE CHAIR/DIRECTOR | 1 | $0 |
| MARK H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | HONORARY DIRECTOR | 1 | $0 |
| RONALD G MOFFITT 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | SECRETARY | 1 | $0 |
| JON M HUNTSMAN JR 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR (END 05/28/24) | 1 | $0 |
| ELIZABETH K HUNTSMAN 501 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR (START 05/29/24) | 1 | $0 |
990-PF for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | PRESIDENT/COO/DIR | 30 | $640,085 |
| THOMAS E MUIR 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | VP/CFO/TREASURER | 5 | $398,370 |
| DAVID BURDETT 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | ASSISTANT Highest-paid employee | 40 | $79,864 |
| LINDA PATINO 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | ASSISTANT Highest-paid employee | 40 | $57,447 |
| PETER R HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | CEO/DIRECTOR | 1 | $0 |
| KAREN H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | CHAIR/DIRECTOR | 1 | $0 |
| JAMES H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR | 1 | $0 |
| CHRISTOPHER H HUFFMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR | 1 | $0 |
| CHRISTENA DURHAM 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | EVP/VICE CHAIR/DIRECTOR | 20 | $0 |
| PAUL C HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | EVP/DIRECTOR | 1 | $0 |
| JENNIFER H PARKIN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | EVP/VICE CHAIR/DIRECTOR | 1 | $0 |
| MARK H HUNTSMAN 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | HONORARY DIRECTOR | 1 | $0 |
| RONALD G MOFFITT 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | SECRETARY | 1 | $0 |
| JON M HUNTSMAN JR 500 HUNTSMAN WAY, SALT LAKE CITY, UT 84108 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 500 S HUNTSMAN WAY, SALT LAKE CTY, UT 84108-1235
- Signed the 990-PF
- TOM MUIR, TREASURER
- Phone
- (801) 584-5700
- Return prepared by
- DELOITTE TAX LLP
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 74-2521914
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $556,501,298
- Income (IRS master file)
- $6,497,153
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $21,275,892 | $19,928,395 | $556,501,298 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $10,456,591 | $27,957,529 | $504,185,798 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 74-2521914).
Questions about JON AND KAREN HUNTSMAN FOUNDATION
- What is the EIN of JON AND KAREN HUNTSMAN FOUNDATION?
- The employer identification number (EIN) of JON AND KAREN HUNTSMAN FOUNDATION is 74-2521914.
- Is JON AND KAREN HUNTSMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to JON AND KAREN HUNTSMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JON AND KAREN HUNTSMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JON AND KAREN HUNTSMAN 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 JON AND KAREN HUNTSMAN 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 JON AND KAREN HUNTSMAN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 4 received compensation from the organization, the highest $670,438 (DAVID H HUNTSMAN, PRESIDENT/COO/DIR).
- How much revenue does JON AND KAREN HUNTSMAN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,275,892, expenses of $19,928,395 and total assets of $556,501,298 at year end.
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