Reported officers (all unpaid)
No paid executives reported in 2024. SALT WATER FUND reported 2 unpaid officers and board members on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$2.3M
Itemized grants
8
Median grant
$57k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| BOYS AND GIRLS CLUBS OF SOUTHEASTERN NORTH CAROLINA | WILMINGTON, NC | GENERAL CONTRIBUTION | $1.1M |
| CAPE FEAR COLLECTIVE | WILMINGTON, NC | GENERAL CONTRIBUTION | $1M |
| CAPE FEAR COLLECTIVE | WILMINGTON, NC | GENERAL CONTRIBUTION | $125k |
| WILLIAMS YMCA OF AVERY COUNTY | LINVILLE, NC | GENERAL CONTRIBUTION | $60k |
| BEACON EDUCATION | WILMINGTON, NC | GENERAL CONTRIBUTION | $54k |
| KENTUCKY CHRISTIAN FOUNDATION | ALPHARETTA, GA | GENERAL CONTRIBUTION | $25k |
| GRANDFATHER MOUNTAIN | LINVILLE, NC | GENERAL CONTRIBUTION | $15k |
| CROSSNORE COMMUNITIES FOR CHILDREN | NEWLAND, NC | GENERAL CONTRIBUTION | $10k |
Revenue and expenses over time
SALT WATER FUND reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Kentucky
SALT WATER FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Kentucky earns a median of $16,300.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 260 organizations across 260 filings (2021 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Kentucky →Common questions about SALT WATER FUND
What are SALT WATER FUND's revenue and expenses?
In 2024, SALT WATER FUND reported $1.1M in total revenue and $2.6M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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