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Salem Female Charitable Society is a private corporation based in MARBLEHEAD, MA. The foundation received its IRS ruling in 1942. The principal officer is % Fiduciary Trust Co. It holds total assets of $887K. Annual income is reported at $426K. FUNDS ARE USED FOR AIDING AND MAKING GRANTS TO AGED AND INDIGENT WOMEN IN SALEM, MA AND VICINITY. According to available records, Salem Female Charitable Society has made 2 grants totaling $95K, with a median grant of $48K. Annual giving has grown from $43K in 2021 to $52K in 2023. Individual grants have ranged from $43K to $52K, with an average award of $48K. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
FUNDS ARE USED FOR AIDING AND MAKING GRANTS TO AGED AND INDIGENT WOMEN IN SALEM, MA AND VICINITY.
Expenses: $43K
FUNDS ARE USED FOR AIDING AND MAKING GRANTS TO AGED AND INDIGENT WOMEN IN SALEM, MA AND VICINITY. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MA.
Salem Female Charitable Society has distributed a total of $95K across 2 grants. The median grant size is $48K, with an average of $48K. Individual grants have ranged from $43K to $52K.
RESTRICTED TO RESIDENTS OF SALEM, MA AND VICINITY.
Salem Female Charitable Society is headquartered in MARBLEHEAD, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Shaughnessy | TREASURER | $0 | $0 | $0 |
| Adeline Lutts | DIRECTOR | $0 | $0 | $0 |
| Elizabeth Taft | DIRECTOR | $0 | $0 | $0 |
| Susan Poor | RECORDING SECRETARY | $0 | $0 | $0 |
| Jane Phillips | DIRECTOR | $0 | $0 | $0 |
Total Giving
$69K
Total Assets
$891K
Fair Market Value
$1M
Net Worth
$891K
Grants Paid
$56K
Contributions
$3K
Net Investment Income
$40K
Distribution Amount
$47K
Total: $789K
Total Grants
2
Total Giving
$95K
Average Grant
$48K
Median Grant
$48K
Unique Recipients
1
Most Common Grant
$43K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedGENERAL PURPOSES | Salem, MA | $52K | 2023 |
SALEM, MA
PENNSVILLE, NJ
SALEM, NJ
JAMAICA PLAIN, MA
| Rebecca Putnam |
| CORRESPONDING SECRETARY |
| $0 |
| $0 |
| $0 |
| Martha Sanders | DIRECTOR | $0 | $0 | $0 |
| Julia Lippman | DIRECTOR | $0 | $0 | $0 |
| Liz Naylor | DIRECTOR | $0 | $0 | $0 |
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