EIN 93-6018523

The Salem Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1930
Most recent tax filings
2023-04-01
NTEE code, primary
Description
The Salem Foundation exists for The purpose of receiving, safeguarding, and disbursing funds for charitable purposes in The vicinity of Salem, Oregon.
Total revenues
$3,345,668
2023
Total expenses
$4,118,990
2023
Total assets
$34,545,619
2023
Num. employees
0
2023

Program areas at The Salem Foundation

Charitable distributions were made to 92 tax-exempt organizations. The majority of contributions are made to organizations in The vicinity of Salem, Oregon.
Make music day event
College scholarships were awarded to 32 students in The Salem area.

Grants made by The Salem Foundation

GranteeGrant descriptionAmount
Salem Health FoundationGeneral$437,201
Catholic Community Services of the Willamette Valley and Central Coast (CCS)General$436,157
St Francis ShelterGeneral$348,819
...and 43 more grants made totalling $3,412,959

Who funds The Salem Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pioneer Trust BankGeneral Support and Capital Improvements$2,501,472
Hitchman FoundationDonor-Advised Fund - Serving Numerous Charities in the Salem, Oregon Area$1,000,000
The Willamette Heritage CenterRequired Distribution of Property Sale Proceeds$251,620
...and 3 more grants received

Personnel at The Salem Foundation

NameTitle
Bill DavisVice President and Senior Manager
Carol E HermanAssistant Vice President and Trust Officer

Financials for The Salem Foundation

RevenuesFYE 04/2023
Total grants, contributions, etc.$1,928,933
Program services$0
Investment income and dividends$628,356
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$453,609
Net gain from sale of non-inventory assets$316,894
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$17,876
Total revenues$3,345,668

Form 990s for The Salem Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-042024-03-12990View PDF
2022-042023-03-06990View PDF
2021-042022-03-11990View PDF
2020-042021-04-14990View PDF
2019-042020-08-19990View PDF
...and 9 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $2,501,472 from Pioneer Trust Bank
October 25, 2023
Received grants
Identified 2 new grant, including a grant for $3,000 from The Emmett R Quady Foundation
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Pious Propagating Islam Over Us
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
C/O Pioneer Trust Bank PO Box 2305
Salem, OR 97308
Metro area
Salem, OR
County
Marion County, OR
Website URL
salemfoundation.org/ 
Phone
(503) 363-3136
IRS details
EIN
93-6018523
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1930
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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