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Also known as: MEMORIAL FOUNDATION INC
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Diane M Salmanson Memorial Foundation Inc. is a private corporation based in MIAMI BEACH, FL. The foundation received its IRS ruling in 2011. The principal officer is David Salmanson. It holds total assets of $568K. Annual income is reported at $685K. Total assets have grown from $67K in 2011 to $568K in 2023. The foundation is governed by 4 officers and trustees. 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 2016 to 2024. The foundation primarily funds organizations in Florida and New York. According to available records, Diane M Salmanson Memorial Foundation Inc. has made 18 grants totaling $357K, with a median grant of $13K. Annual giving has grown from $80K in 2020 to $208K in 2023. Individual grants have ranged from $3K to $50K, with an average award of $20K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in New York, Florida, Rhode Island, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$13K
Average Grant
$18K
Largest Grant
$50K
Based on 5 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.
Diane M Salmanson Memorial Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NY, FL, RI.
Diane M Salmanson Memorial Foundation Inc. has distributed a total of $357K across 18 grants. The median grant size is $13K, with an average of $20K. Individual grants have ranged from $3K to $50K.
Diane M Salmanson Memorial Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Diane M Salmanson Memorial Foundation Inc. is headquartered in MIAMI BEACH, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David E Salmanson | DIRECTOR | $0 | $0 | N/A |
| Jay Rosenstein | TREASURER | $0 | $0 | N/A |
| Robert Schloss | SECRETARY | $0 | $0 | N/A |
| Lauren Salmanson Levin | DIRECTOR | $0 | $0 | N/A |
Total Giving
$136K
Total Assets
$568K
Fair Market Value
$577K
Net Worth
$568K
Grants Paid
$133K
Contributions
$55K
Net Investment Income
$189K
Distribution Amount
$26K
Total: $558K
Total Grants
18
Total Giving
$357K
Average Grant
$20K
Median Grant
$13K
Unique Recipients
9
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lustgarten FoundationGENERAL | Bethpage, NY | $50K | 2023 |
| LcdsGENERAL | Miami Beach, FL | $30K | 2023 |
| Mount Sinai Medical CenterGENERAL | Miami Beach, FL | $15K | 2023 |
| Greater Miami Jewish FederationGENERAL | Miami, FL | $5K | 2023 |
| Temple Beth ShalomGENERAL | Miami Beach, FL | $4K | 2023 |
| Dana FaberGENERAL | Boston, MA | $5K | 2021 |
| Miami Beach JccGENERAL | Miami Beach, FL | $15K | 2020 |
| East Hampton Jewish CenterGENERAL | East Hampton, NY | $10K | 2020 |
| Ri Food BankGENERAL | Providence, RI | $5K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL