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Alex Saltsman Family Foundation is a private corporation based in SOUTHFIELD, MI. The foundation received its IRS ruling in 1997. The principal officer is Alex Saltsman. It holds total assets of $509K. Annual income is reported at $48K. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2022. Grantmaking is concentrated in Michigan. According to available records, Alex Saltsman Family Foundation has made 60 grants totaling $235K, with a median grant of $1K. Annual giving has grown from $46K in 2020 to $92K in 2022. Grantmaking activity was highest in 2021 with $98K distributed across 24 grants. Individual grants have ranged from $200 to $28K, with an average award of $4K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$1K
Average Grant
$4K
Largest Grant
$25K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alex Saltsman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 60 grants. Its grantmaking reaches organizations primarily in MI.
Alex Saltsman Family Foundation has distributed a total of $235K across 60 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $200 to $28K.
Alex Saltsman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Alex Saltsman Family Foundation is headquartered in SOUTHFIELD, MI.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$50K
Total Assets
$509K
Fair Market Value
$869K
Net Worth
$509K
Grants Paid
$46K
Contributions
N/A
Net Investment Income
$48K
Distribution Amount
$45K
Total: $450K
Total Grants
60
Total Giving
$235K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
21
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yeshiva Beth YehudaGeneral Fund | Southfield, MI | $28K | 2022 |
| Young Israel Of Oak ParkGeneral Fund | Oak Park, MI | $9K | 2022 |
| Protect Evov Of Oak ParkGeneral Fund | Southfield, MI | $2K | 2022 |
| Yeshiva GedolaGeneral Fund | Southfield, MI | $1K | 2022 |
| Akiva Farber Hebrew Day SchoolGeneral Fund | Southfield, MI | $1K | 2022 |
| Jewish Hospital ChaplainGeneral Fund | West Bloomfield, MI | $1K | 2022 |
| Kids Kicking CancerGeneral Fund | Southfield, MI | $1K | 2022 |
| Yad EzraGeneral Fund | Berkley, MI | $1K | 2022 |
| Yeshiva Dachei TorahGeneral Fund | Southfield, MI | $500 | 2022 |
| YigdalGeneral Fund | Oak Park, MI | $500 | 2022 |
| Women'S Orthodox LeagueGeneral Fund | Southfield, MI | $200 | 2022 |
| Hebrew Benevolent SocietyGeneral Fund | Oak Park, MI | $200 | 2022 |
| Project Erov Of Oak ParkGeneral Fund | Southfield, MI | $4K | 2021 |
| Yeshiva GedolanGeneral Fund | Southfield, MI | $1K | 2021 |
| Detroit Chesed ProjectGeneral Fund | Southfield, MI | $1K | 2021 |
| Yad EzrGeneral Fund | Berkley, MI | $1K | 2021 |
| Jewish Hospice And ChaplaincyGeneral Fund | West Bloomfield, MI | $1K | 2021 |