Funder DirectorySALEM FOUNDATION INC
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Private foundation (trust)EIN 416058845Est. 1967-12

SALEM FOUNDATION INC

WAYZATA, MN 55391

Accepts unsolicited proposals

Total Assets

$904K

FY 2023

Annual Giving

$321K

FY 2023

Grants Made

37

FY 2023

Avg Grant

$9K

FY 2023

Grant Range

$250–$283K

Typical

Deadlines

Open / rolling

Applications

Financial Snapshot

2023 filing

Total Revenue

$17K

Total Expenses

$327K

Qualifying Distributions

$324K

Distributable Amount

$43K

Min. Investment Return

$43K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

37 grants

Grant sizes from minimum $250 through median $1K to maximum $283K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $321K in 2023. Hover bars for details.

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

Top Recipients

199 grants

MAINE COMMUNITY FOUNDATION
$283K
1 grant
WAYZATA COMMUNITY CHURCH FOUNDATION
$16K
5 grants
WAYZATA SYMPHONY ORCHESTRA
$15K
4 grants
THE BAY SCHOOL
$12K
4 grants
TRINITY EPISCOPAL CHURCH
$10K
3 grants
SHRINERS HOSPITAL FOR CHILDREN
$9K
4 grants
ST ANDREW'S EPISCOPAL CHURCH
$8K
2 grants
WOUNDED WARRIOR PROJECT INC
$8K
4 grants

Grant Size Distribution

199 grants

<$10K
198
grants
$10–50K
$50–250K
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

9 states

Maine
$310K
60% of total
Minnesota
$98K
19% of total
Florida
$73K
14% of total
New York
$15K
3% of total
Tennessee
$8K
1% of total
Montana
$7K
1% of total
Virginia
$4K
1% of total
Connecticut
$3K
1% of total
Maryland
$500
0% of total

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