Utah Stem Foundation Inc

The Utah Stem Foundation Inc is a nonprofit organization incorporated in Utah, USA, with the mission of promoting economic prosperity through the enhancement of Science, Technology, Engineering, and Mathematics (STEM) education in the state.

Background

Established in April 2016, the foundation was created under the direction of the Utah State Legislature. It is tax-exempt and operates within the framework of educational services, supporting the broader objectives of the Utah STEM Action Center.

Mission

The primary mission of the Utah Stem Foundation is to bolster Utah's economic growth by fostering connections within the industry and providing STEM resources across the state. This is achieved by collaborating with community partners and strategically allocating funds to support initiatives such as the Utah STEM Bus Program, which delivers hands-on STEM instruction to schools throughout Utah. The program has been particularly successful, with over 100 schools on a waiting list to receive this educational service.

Programs and Achievements

The foundation's flagship program, the Utah STEM Bus, has received consistent support, ensuring its continued operation and expansion. This program focuses on offering interactive STEM experiences, fostering interest and engagement among students. Additionally, the foundation has been instrumental in supporting other STEM-related events and initiatives, such as STEM Fest and engaging school assemblies, which are made possible through foundation donations and collaborations.

Financial Overview

As a nonprofit, the Utah Stem Foundation relies on contributions for its revenue, with no income from program services, investments, or other sources. In recent years, the foundation has reported significant expenses related to salaries and wages, reflecting its investment in human resources to drive its mission forward.

Impact

Through its collaborative efforts and strategic resource allocation, the Utah Stem Foundation plays a crucial role in preparing a STEM-competitive workforce in Utah. This aligns with the broader mission of the STEM Action Center, ensuring the state's continued economic success in the global marketplace. The foundation's commitment to equity and inclusion in STEM education further enhances its impact, contributing to a more equitable distribution of STEM opportunities across Utah communities.