Funder DirectorySALEM FIVE CHARITABLE FOUNDATION INC
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Private foundation (trust)EIN 043342405Est. 1997-06

SALEM FIVE CHARITABLE FOUNDATION INC

SALEM, MA 01970

Accepts unsolicited proposals

Total Assets

$19.1M

FY 2023

Annual Giving

$580K

FY 2023

Grants Made

287

FY 2023

Avg Grant

$2K

FY 2023

Grant Range

Typical

Deadlines

See applications for various deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$3.9M

Total Expenses

$654K

Qualifying Distributions

$582K

Distributable Amount

$757K

Min. Investment Return

$783K

Payout rate 77%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.77%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $580K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

STEPHEN PHILLIPS MEMORIAL SCHOLARSHIP FUNDS INC
$66K
5 grants
STONEHAM THEATRE CORP
$50K
2 grants
SALEM PANTRY
$28K
2 grants
DANA FARBER CANCER INSTITUTE
$21K
8 grants
ALL CARE HOSPICE
$20K
2 grants
PEABODY ESSEX MUSEUM
$15K
1 grant
AUSTIN PREPARATORY SCHOOL
$14K
4 grants
YMCA OF THE NORTH SHORE
$13K
3 grants

Grant Size Distribution

494 grants

<$10K
489
grants
$10–50K
5
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

10 states

Massachusetts
$1.1M
97% of total
District of Columbia
$10K
1% of total
Vermont
$7K
1% of total
New York
$4K
0% of total
Illinois
$3K
0% of total
Ohio
$2K
0% of total
Mississippi
$2K
0% of total
Florida
$500
0% of total
California
$500
0% of total
Pennsylvania
$450
0% of total

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SALEM FIVE CHARITABLE FOUNDATION INC — Grants, Financials & Contact | Grantivo