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R J Salerno Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $3.6M. Annual income is reported at $871K. Total assets have grown from $2M in 2013 to $3.4M in 2023. The foundation is governed by 2 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 2023. Funding is distributed across 6 states, including Massachusetts, California, New York. According to available records, R J Salerno Foundation has made 31 grants totaling $490K, with a median grant of $15K. Annual giving has grown from $130K in 2020 to $360K in 2022. Individual grants have ranged from $5K to $30K, with an average award of $16K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, California, Massachusetts, which account for 65% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$14K
Largest Grant
$20K
Based on 9 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.
R J Salerno Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in NY, CA, MA.
R J Salerno Foundation has distributed a total of $490K across 31 grants. The median grant size is $15K, with an average of $16K. Individual grants have ranged from $5K to $30K.
R J Salerno Foundation typically selects its grantees rather than accepting unsolicited proposals.
R J Salerno Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert J Salerno | Dir, Pres, Sec | $0 | $0 | N/A |
| Robyn Anne Salerno | Dir, Treas, VP | $0 | $0 | N/A |
Total Giving
$207K
Total Assets
$3.4M
Fair Market Value
$4.1M
Net Worth
$3.4M
Grants Paid
$165K
Contributions
$161K
Net Investment Income
$365K
Distribution Amount
$183K
Total Grants
31
Total Giving
$490K
Average Grant
$16K
Median Grant
$15K
Unique Recipients
13
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Heal Raising Our World Foundation IncGeneral & Unrestricted | Saratoga Springs, NY | $30K | 2022 |
| Sierra Club FoundationGeneral & Unrestricted | Oakland, CA | $25K | 2022 |
| Appalachian Trail ConservancyGeneral & Unrestricted | Harpers Ferry, WV | $20K | 2022 |
| Appalachian Mountain ClubGeneral & Unrestricted | Boston, MA | $20K | 2022 |
| Oxfam-America IncGeneral & Unrestricted | Washington, DC | $20K | 2022 |
| Natural Resources Defense Council IncGeneral & Unrestricted | New York, NY | $20K | 2022 |
| Boys & Girls Club Of Newburgh IncGeneral & Unrestricted | Newburgh, NY | $10K | 2022 |
| Medecins Sans Frontieres Usa Inc - Doctors WithoutGeneral & Unrestricted | Hagerstown, MD | $10K | 2022 |
| Operation 300 IncGeneral & Unrestricted | Port Salerno, FL | $10K | 2022 |
| Direct ReliefGeneral & Unrestricted | Santa Barbara, CA | $10K | 2022 |
| The Nature ConservancyGeneral & Unrestricted | Cold Spring Harbor, NY | $5K | 2022 |
| P WhelanHardship Assistance Grant | Monroe, NY | $5K | 2020 |
| American National Red CrossGeneral & Unrestricted | Boone, IA | $5K | 2020 |