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Salem Community Benefits Inc. is a private corporation based in SALEM, NH. The foundation received its IRS ruling in 1999. The principal officer is % Salem Co-Operative Bank. It holds total assets of $97K. Annual income is reported at $12K. The foundation operates in the area of community development. According to available records, Salem Community Benefits Inc. has made 31 grants totaling $377K, with a median grant of $10K. Annual giving has grown from $58K in 2021 to $210K in 2023. Individual grants have ranged from $3K to $25K, with an average award of $12K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in New Hampshire and Massachusetts. Contributions to this foundation are tax-deductible.
Salem Community Benefits Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in NH, MA.
Salem Community Benefits Inc. has distributed a total of $377K across 31 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $3K to $25K.
Salem Community Benefits Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (020499456) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Salem Community Benefits Inc. is headquartered in SALEM, NH. While based in NH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Beshara | Director | $0 | $0 | $0 |
| Christian Breen | Director | $0 | $0 | $0 |
| James Rausch | Director | $0 | $0 | $0 |
| Nadema Gemmell | Chairman | $0 | $0 | $0 |
| Ann R Lally | Treasurer & Secretary | $0 | $0 | $0 |
Total Giving
$111K
Total Assets
$144K
Fair Market Value
$144K
Net Worth
$144K
Grants Paid
$110K
Contributions
$12K
Net Investment Income
$0
Distribution Amount
$9K
Total Grants
31
Total Giving
$377K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salem Historical SocietyGeneral Operating Support | Salem, NH | $5K | 2023 |
| Catholic Charities New Hampshire Dba Nh Food BankGeneral Operating Support | Manchester, NH | $25K | 2023 |
| Derry Friendship CenterGeneral Operating Support | Derry, NH | $25K | 2023 |
| Merrimac Heights AcademyGeneral Operating Support | Merrimac, MA | $15K | 2023 |
| Brigid'S House Of HopeGeneral Operating Support | Concord, NH |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| $10K |
| 2023 |
| Harbor Homes Inc Dba Harbor CareGeneral Operating Support | Nashua, NH | $10K | 2023 |
| Family Promise Of Southern New HampshireGeneral Operating Support | Nashua, NH | $10K | 2023 |
| Lawrence Boys & Girls Clubf/b/o Off Season Hoops, Inc. partnership and summer basketball program | Lawrence, MA | $5K | 2023 |
| Lazarus House IncGeneral Operating Support | Lawrence, MA | $20K | 2022 |
| Bread And RosesGeneral Operating Support | Lawrence, MA | $15K | 2022 |
| Basilian Salvation OrderGeneral Operating Support | Methuen, MA | $15K | 2022 |
| The Upper RoomTo purchase new computers for staff | Derry, NH | $10K | 2022 |
| Merrimack Valley Immigrant & Education CenterGeneral Operating Support | Lawrence, MA | $5K | 2022 |
| Unitarian Universalist Church Of HaverhillTo help purchase food and supplies for those in need in the community | Haverhill, MA | $3K | 2022 |
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