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Also known as: FOUNDATION INC
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Peter & Nancy Salter Family Foundation Inc. is a private corporation based in PHOENIX, AZ. The foundation received its IRS ruling in 2004. The principal officer is Peter W Salter. It holds total assets of $9M. Annual income is reported at $1.1M. Total assets have decreased from $17.4M in 2011 to $8.4M in 2023. The foundation is governed by 1 officer or trustee. 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 2023. According to available records, Peter & Nancy Salter Family Foundation Inc. has made 7 grants totaling $11.4M, with a median grant of $400K. Annual giving has decreased from $10.8M in 2022 to $600K in 2023. Individual grants have ranged from $100K to $5M, with an average award of $1.6M. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Arizona. Contributions to this foundation are tax-deductible.
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.
Peter & Nancy Salter Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in AZ.
Peter & Nancy Salter Family Foundation Inc. has distributed a total of $11.4M across 7 grants. The median grant size is $400K, with an average of $1.6M. Individual grants have ranged from $100K to $5M.
Peter & Nancy Salter Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Peter & Nancy Salter Family Foundation Inc. is headquartered in PHOENIX, AZ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter W Salter | DIRECTOR | $0 | $0 | N/A |
Total Giving
$609K
Total Assets
$8.4M
Fair Market Value
$10.7M
Net Worth
$8.4M
Grants Paid
$600K
Contributions
$800K
Net Investment Income
$344K
Distribution Amount
$488K
Total: $7.4M
Total Grants
7
Total Giving
$11.4M
Average Grant
$1.6M
Median Grant
$400K
Unique Recipients
3
Most Common Grant
$400K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Arizona-Sonoran Desert MuseumRIPARIAN ADVENTURE | Tucson, AZ | $400K | 2023 |
| University Of Arizona FoundationMEDICAL DEVICE DESIGN | Tucson, AZ | $100K | 2023 |
| Phoenix Country Day SchoolPERFORMING ARTS CENTER | Paradise Valley, AZ | $5M | 2022 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ