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EIN 04-3342405

Salem Five Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Salem
State
Massachusetts
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Salem Five Charitable Foundation is a corporate foundation that primarily funds exempt purposes. The foundation's purpose is to provide a federal tax refund. Grantees include Stoneham Theatre CORP and others. The foundation made 256 grants last year.
Total revenues
$3,917,754
2023
Total expenses
$653,700
2023
Total assets
$14,984,579
2023
Num. employees
0
2023

Program areas at Salem Five Charitable Foundation

Federal tax refund

Grants made by Salem Five Charitable Foundation

GranteeGrant descriptionAmount
Greater Boston Stage CompanyExempt Purposes$25,000
Salem PantryExempt Purposes$25,000
All Care HospiceExempt Purposes$10,000
...and 228 more grants made totalling $505,413

Personnel at Salem Five Charitable Foundation

NameTitleCompensation
Brian W ShaughnessyTreasurer$0

Financials for Salem Five Charitable Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,701,256
Investment income and dividends$289,570
Net rental income$0
Net gain from sale of non-inventory assets$926,928
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,917,754

Form 990s for Salem Five Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-20990PFView PDF
2022-122023-05-16990PFView PDF
2021-122022-07-27990PFView PDF
2020-122021-04-28990PFView PDF
2019-122020-09-14990PRView PDF
...and 8 more Form 990s

Organizations like Salem Five Charitable Foundation

OrganizationLocationRevenue
Sierra Pacific FoundationRedding, CA$1,603,055
Bonnie and John Jackson FoundationMeridian, ID$1,058,470
PulteGroup Charitable FoundationAtlanta, GA$3,401,038
The Will Ascend FoundationAlpine, UT$1,858,398
The Laura FoundationSpringfield, NJ$2,628,550
Tiger HL FoundationBrooklyn, NY$1,200,308
Star FoundationHouston, TX$15,290,230
The Baltimore Orioles FoundationBaltimore, MD$1,292,239
The NewMarket FoundationRichmond, VA$3,451,034
PaccarBellevue, WA$10,453,615
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
August 19, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from Commodore Builders Charitable Foundation
August 1, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 22, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 3, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
210 Essex St
Salem, MA 01970
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Phone
(978) 745-5555
IRS details
EIN
04-3342405
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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