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Lydia E Pinkham Memorial Inc. is a private corporation based in SALEM, MA. The foundation received its IRS ruling in 1939. The principal officer is Jeff Corbett. It holds total assets of $3.7M. Annual income is reported at $1.4M. The foundation is governed by 3 officers and trustees. Until we restaff our clinic, our temporary charitable activity has been donating to the best local charities we could find: shriners hospitals for children & the salem pantry. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Lydia E Pinkham Memorial Inc. has made 8 grants totaling $117K, with a median grant of $10K. Annual giving has grown from $37K in 2021 to $80K in 2022. Individual grants have ranged from $5K to $30K, with an average award of $15K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and District of Columbia and Virginia. Contributions to this foundation are tax-deductible.
The only direct charitable activity is that of a well baby clinic providing medical services to children at no charge.
Expenses: $126K
Until we restaff our clinic, our temporary charitable activity has been donating to the best local charities we could find: shriners hospitals for children & the salem pantry. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, DC, VA.
Lydia E Pinkham Memorial Inc. has distributed a total of $117K across 8 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $5K to $30K.
Lydia E Pinkham Memorial Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lydia E Pinkham Memorial Inc. is headquartered in SALEM, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen N Doty | PRESIDENT | $30K | $0 | $30K |
| Nancy Mackenney | CLERK | $6K | $0 | $6K |
| Brian Burns | DIRECTOR/CLERK | $2K | $0 | $2K |
Total Giving
$106K
Total Assets
$3.1M
Fair Market Value
$4.9M
Net Worth
$3.1M
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
N/A
Total: $506K
Total Grants
8
Total Giving
$117K
Average Grant
$15K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salem PantryTO HELP FUND FOOD PURCHASE AND DISTRIBUTION TO POOR FAMILIES IN SALEM MA. | Salem, MA | $30K | 2022 |
| Shriners Hospitals For ChildrenTO FUND MEDICAL CARE TO POOR CHILDREN WITH SEVERE BURNS. | Boston, MA | $10K | 2022 |
| American Red CrossTO HELP PREVENT HUMAN SUFFERING IN THE FACE OF EMERGENCIES. | Washington, DC | $5K | 2021 |
| The Salvation ArmyTO HELP MEET THE NEEDS OF ALL HUMAN BEINGS. | Alexandria, VA | $5K | 2021 |