Skip to main content
Filing year 2024

THE SALEM FOUNDATION

Boston, Massachusetts·EIN 13-7196668·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$26M
Total assets
$72.2M
Total expenses
$1.1M
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. THE SALEM FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$492k

Itemized grants

14

Median grant

$38k

RecipientLocationPurposeAmount
HARVARD BUSINESS SCHOOLBOSTON, MAEDUCATIONAL TO SUPPORT STUDENT NEEDS.$100k
SQUASHBUSTERS INCROXBURY CROSSING, MATO CHALLENGE AND NURTURE URBAN YOUTH AS STUDENTS, ATHLETES AND CITIZENS SO THAT THEY RECOGNIZE AND FULFILL THEIR FULLEST POTENTIAL IN LIFE$60k
HARLEM LACROSSENEW YORK CITY, NYEMPOWER THE CHILDREN WHO ARE MOST AT RISK FOR ACADEMIC DECLINE AND DROPOUT TO RISE ABOVE THEIR CHALLENGES AND REACH THEIR FULL POTENTIAL.$50k
FOUNDATION FOR THE CAROLINASCHARLOTTE, NCTO SERVE AS A CATALYST FOR PHILANTHROPIC ACTIVITY IN OUR 13-COUNTY REGION AND IS A DRIVER FOR MAJOR CIVIC EFFORTS. TO OFFER INNOVATIVE SOLUTIONS THAT HELP INDIVIDUALS, NONPROFITS AND COMPANIES BRING THEIR CHARITABLE VISIONS TO LIFE.$50k
MGM RESORTS FOUNDATIONLAS VEGAS, NVBRINGS THE BEST OF OUR EMPLOYEE VOLUNTEER AND CHARITABLE EFFORTS TOGETHER WITH GREATER IMPACT AND GREATER CHOICE. THE MGM RESORTS FOUNDATION FOCUSES EMPLOYEE CHARITABLE CONTRIBUTIONS TO NONPROFIT AGENCIES AND COMMUNITY ORGANIZATIONS.$50k
SAVE THE BAY INCPROVIDENCE, RISAVE THE BAY PROTECTS, RESTORES, AND IMPROVES THE ECOLOGICAL HEALTH OF THE NARRANGANSETT BAY REGION, INCLUDING ITS WATERSHED AND ADJACENT COASTAL WATERS, THROUGH AN ECOSYSTEMBASED APPROACH TO ENVIORNMENTAL ACTION$50k
ST JOHN'S HIGH SCHOOLSHREWSBURY, MAEDUCATIONAL TO SUPPORT STUDENTS NEEDS THROUGH THE "VISION FOR TOMORROW CAMPAIGN".$50k
MASSACHUSETTS PROJECT 351 INCBOSTON, MALEADERSHIP PATHWAYS THAT PREPARE YOUTH FOR SUCCESS IN COLLEGE, CAREER, AND AS CATALYST FOR A MORE JUST, INCLUSIVE, AND EQUITABLE WORLD.$25k
HARLEM CHILDREN'S ZONENEW YORK, NYBREAKS THE CYCLE OF INTERGENERATIONAL POVERTY WITH ON-THE GROUND, ALL-AROUND PROGRAMMING THAT BUILDS UP OPPORTUNITIES FOR CHILDREN AND FAMILIES TO THRIVE IN SCHOOL, WORK AND LIFE.$25k
ANSWER THE CALLNEW YORK, NYTHE MISSION OF THE NEW YORK POLICE AND FIRE WIDOWS AND CHILDREN'S BENEFIT FUND IS TO SUPPORT THE FAMILIES OF NEW YORK CITY POLICE OFFICERS, FIREFIGHTERS, PORT AUTHORITY POLICE, AND EMS PERSONNEL WHO HAVE BEEN KILLED IN THE LINE OF DUTY. WHEN THESE BRAVE MEN AND WOMEN MAKE THE ULTIMATE SACRIFICE TO PROTECT OUR CITY, WE BELIEVE IT IS OUR CIVIC DUTY TO SUPPORT THE FAMILIES THESE HEROES HAVE LEFT BEHIND. OUR MISSION IS TO REASSURE THESE FAMILIES THAT WE WILL NEVER FORGET THEM OR THE SACRIFICE MADE BY THEIR LOVED ONES. WE PROVIDE FINANCIAL ASSISTANCE, HOST SPECIAL GATHERINGS, AND OFFER A NETWORK OF SUPPORT TO OVER 600 FAMILIES. OUR GOAL IS TO RAISE ENOUGH FUNDS TO ASSIST THESE FAMILIES FOR THE REST OF THEIR LIVES.$10k
THE ISLAND SCHOOL-CAPE ELEUTHERA FOUNDATIONPRINCETON, NJPROVIDE CHARITABLE FUNDING SUPPORT FOR PLACE-BASED EDUCATION, SCIENTIFIC RESEARCH, AND THE DEVELOPMENT OF SUSTAINABLE TECHNOLOGIES THAT PROMOTE A MORE LIVEABLE FUTURE ON THE ISLAND OF ELEUTHERA, THE BAHAMAS AND THE COASTAL COMMUNITIES THROUGHOUT THE WORLD.$10k
ST BALDRICK'S FOUNDATIONMONROVIA, CAA VOLUNTEER AND DONOR POWERED CHARITY COMMITTED TO FUNDING THE MOST PROMISING RESEARCH TO FIND CURES FOR CHILDHOOD CANCERS AND GIVE SURVIVORS LONG AND HEALTHLY LIVES$10k
SWIM ACROSS AMERICA INCCHARLOTTE, NCAWARD GRANTS TO INNOVATIVE CANCER RESEARCH, CLINICAL TRIALS, DETECTION, AND PATIENT PROGRAMS THROUGH CHARITY SWIMS THAT UNITE COMMUNITIES IN THE FIGHT AGAINST CANCER.$1k
BARRINGTON HIGH SCHOOL AFTER PROMBARRINGTON, RIEDUCATIONAL TO SUPPORT STUDENT NEEDS.$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE SALEM FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.5M
$2.3M
2023
$26M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

THE SALEM FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about THE SALEM FOUNDATION

What are THE SALEM FOUNDATION's revenue and expenses?

In 2024, THE SALEM FOUNDATION reported $26M in total revenue and $1.1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.