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Salamone Family Foundation Inc. is a private corporation based in ESTERO, FL. The foundation received its IRS ruling in 2017. It holds total assets of $3.1M. Annual income is reported at $2.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Salamone Family Foundation Inc. has made 17 grants totaling $1.1M, with a median grant of $25K. Annual giving has decreased from $292K in 2021 to $218K in 2023. Grantmaking activity was highest in 2022 with $580K distributed across 8 grants. Individual grants have ranged from $2K to $215K, with an average award of $64K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Virginia, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Salamone Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NY, NJ, VA.
Salamone Family Foundation Inc. has distributed a total of $1.1M across 17 grants. The median grant size is $25K, with an average of $64K. Individual grants have ranged from $2K to $215K.
Salamone Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Salamone Family Foundation Inc. is headquartered in ESTERO, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joanne M Salamone | VICE PRESIDENT/SECRETARY | $0 | $0 | $0 |
| Denis J Salamone | PRESIDENT/TREASURER | $0 | $0 | $0 |
Total Giving
$240K
Total Assets
$2.5M
Fair Market Value
$3M
Net Worth
$2.5M
Grants Paid
$218K
Contributions
$0
Net Investment Income
$89K
Distribution Amount
$155K
Total: $1.7M
Total Grants
17
Total Giving
$1.1M
Average Grant
$64K
Median Grant
$25K
Unique Recipients
8
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Francis CollegeTHE ORGANIZATION PROVIDES AN AFFORDABLE, QUALITY EDUCATION TO STUDENTS OF ALL RACIAL, ETHNIC, AND RELIGIOUS BACKGROUNDS | Brooklyn Heights, NY | $200K | 2023 |
| Ridgewood YmcaTHE ORGANIZATION OFFERS PROGRAMS AND COMMUNITY CONNECTIONS THAT POSITIVELY IMPACT LIVES THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY, BUILDING SPIRIT, MIND AND BODY FOR ALL. | Ridgewood, NJ | $15K | 2023 |
| Tunnel To Towers FoundationTHE MISSION OF THE STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION IS TO HONOR THE SACRIFICE OF FDNY FIREFIGHTER STEPHEN SILLER, AND ALL THOSE WHO LAID DOWN THEIR LIVES TO SAVE OTHERS ON SEPTEMBER 11, 2001. ALSO HONOR OUR MILITARY AND FIRST RESPONDERS WHO CONTINUE TO MAKE THE SUPREME SACRIFICE OF LIFE AND LIMB FOR OUR COUNTRY. | Staten Island, NY | $3K | 2023 |
| The Salvation Army UsaTHE ORGANIZATION IS AN EVANGELICAL PART OF THE UNIVERSAL CHRISTIAN CHURCH. ITS MESSAGE IS BASED ON THE BIBLE. ITS MINISTRY IS MOTIVATED BY THE LOVE OF GOD. ITS MISSION IS TO PREACH THE GOSPEL OF JESUS CHRIST AND TO MEET HUMAN NEEDS IN HIS NAME WITHOUT DISCRIMINATION. |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Alexandria, VA |
| $25K |
| 2022 |
| Table To TableTHE ORGANIZATION IS A COMMUNITY-BASED FOOD RESCUE PROGRAM THAT COLLECTS PREPARED AND PERISHABLE FOOD THAT WOULD OTHERWISE BE WASTED AND DELIVERS IT TO ORGANIZATIONS SERVING THE HUNGRY IN THE BERGEN, ESSEX, HUDSON, AND PASSAIC COUNTIES OF NEW JERSEY. | Englewood Cliffs, NJ | $5K | 2022 |
| Building Homes For HeroesTHE ORGANIZATION BUILDS OR MODIFIES HOMES, AND GIFTS THEM, MORTGAGE-FREE, TO VETERANS AND THEIR FAMILIES. | Valley Stream, NY | $10K | 2021 |
| Wells Mountain InitiativeTHE ORGANIZATION WORKS TO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS, SKILLS TRAINING, AND START-UP FUNDING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION. | Bristol, VT | $10K | 2021 |
| New Jersey SeedsTHE ORGANIZATION CHANGES THE LIVES OF MOTIVATED, HIGH-ACHIEVING STUDENTS FROM LOW-INCOME FAMILIES BY TRANSFORMING THEIR EDUCATIONAL OPPORTUNITIES. | Newark, NJ | $5K | 2021 |
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