//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Russell J Salvatore Foundation is a private trust based in WILLIAMSVILLE, NY. The foundation received its IRS ruling in 2012. It holds total assets of $3.3M. Annual income is reported at $872K. Total assets have grown from $1.2M in 2012 to $2.9M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of community development. Tax records are available from 2017 to 2024. Grantmaking is concentrated in New York. According to available records, Russell J Salvatore Foundation has made 70 grants totaling $4.9M, with a median grant of $50K. The foundation has distributed between $1.2M and $1.3M annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $1.3M distributed across 16 grants. Individual grants have ranged from $200 to $204K, with an average award of $70K. The foundation has supported 40 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$55K
Average Grant
$73K
Largest Grant
$200K
Based on 16 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.
Russell J Salvatore Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in NY.
Russell J Salvatore Foundation has distributed a total of $4.9M across 70 grants. The median grant size is $50K, with an average of $70K. Individual grants have ranged from $200 to $204K.
Russell J Salvatore Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (367595997) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Russell J Salvatore Foundation is headquartered in WILLIAMSVILLE, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Russell J Salvatore | PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Neil Weinberg | TRUSTEE | $0 | $0 | N/A |
| James Gallo | TRUSTEE | $0 | $0 | N/A |
| Mark Jerge | TRUSTEE/TREASURER | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$2.9M
Fair Market Value
$2.9M
Net Worth
$2.9M
Grants Paid
$1.2M
Contributions
$549K
Net Investment Income
$124K
Distribution Amount
$26K
Total: N/A
Total Grants
70
Total Giving
$4.9M
Average Grant
$70K
Median Grant
$50K
Unique Recipients
40
Most Common Grant
$50K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Mary'S High SchoolEDUCATION | Lancaster, NY | $200K | 2023 |
| Miracle LeagueSPONSOR NEW FIELD AND PAVILION FOR SPECIAL NEEDS KIDS | Grand Island, NY | $5K | 2022 |
| Big Brothers Big SistersCOMMUNITY SUPPORT | Buffalo, NY | $5K | 2022 |
| Kaleida Health FoundationMEDICAL SUPPORT | Buffalo, NY | $200K | 2024 |
| St Jude High SchoolEDUCATIONAL | Buffalo, NY | $150K | 2024 |
| Build Promise IncGENERAL | Buffalo, NY | $100K | 2024 |
| Brothers Of MercyMEDICAL SUPPORT | Clarence, NY | $100K | 2024 |
| Child Advocacy CenterGENERAL | Buffalo, NY | $100K | 2024 |
| Villa Maria CollegeEDUCATION | Buffalo, NY | $100K | 2024 |
| Buffalo Niagara Convention CenterGENERAL | Buffalo, NY | $89K | 2024 |
| Niagara Falls Memorial Medical CenterMEDICAL | Niagara Falls, NY | $64K | 2024 |
| Depew-Lancaster Boys & Girls ClubYOUTH PROGRAM CONSTRUCTION PROJECT | Depew, NY | $60K | 2024 |
| Village Of DepewGENERAL | Depew, NY | $55K | 2024 |
| Town Of AmherstGENERAL | Williamsville, NY | $50K | 2024 |
| Roman Catholic DioceseRELIGIOUS | Buffalo, NY | $47K | 2024 |
| Lancaster Depew BaseballYOUTH BASEBALL | Lancaster, NY | $30K | 2024 |
| Vastech Vein CenterMEDICAL | Manhasset, NY | $20K | 2024 |
| Roswell Park Alliance FoundationCANCER RESEARCH | Buffalo, NY | $10K | 2024 |
| Heart Love & SoulGENERAL | Niagara Falls, NY | $10K | 2024 |
| Variety Club Of BuffaloMEDICAL | Buffalo, NY | $10K | 2024 |
| 11 Day Power PlayMEDICAL | Buffalo, NY | $3K | 2024 |
| Mercy Hospital FoundationMEDICAL SUPPORT | Buffalo, NY | $100K | 2023 |
| Centro Culturale Italiano Di BuffaloCULTURAL | Buffalo, NY | $100K | 2023 |
| Medaille CollegeEDUCATION | Buffalo, NY | $78K | 2023 |
| Kevin Guest HouseHEALTHCARE HOSPITALITY HOUSE | Buffalo, NY | $50K | 2023 |
| Community Health Center Of NiagaraMEDICAL SUPPORT | Niagara Falls, NY | $50K | 2023 |
| Buffalo City MissionHOMELESS CAPITAL PROJECT | Buffalo, NY | $50K | 2023 |
| Catholic CharitiesGENERAL | Buffalo, NY | $48K | 2023 |
| Make A Wish FoundationSCHOLARSHIP | Buffalo, NY | $8K | 2023 |
| Ecmc FoundationHOSPITAL CONSTRUCTION PROJECT | Buffalo, NY | $200K | 2022 |
| Kenmore Mercy FoundationMEDICAL SUPPORT | Buffalo, NY | $63K | 2022 |
| Lancaster Educational Alumni FoundationEDUCATIONAL | Depew, NY | $50K | 2022 |
| Niagara UniversityEDUCATION CAPITAL PROJECT | Niagara, NY | $50K | 2022 |
| Buffalo Heritage CarouselSOLAR POWERED CAROUSEL | Buffalo, NY | $21K | 2022 |