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Satrum Foundation Inc. is a private corporation based in BEND, OR. The foundation received its IRS ruling in 1997. The principal officer is Gerald R Satrum Pres. It holds total assets of $2.5M. Annual income is reported at $1.6M. Total assets have grown from $1.5M in 2011 to $2.2M in 2023. The foundation is governed by 3 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. According to available records, Satrum Foundation Inc. has made 16 grants totaling $310K, with a median grant of $23K. Annual giving has grown from $20K in 2021 to $110K in 2023. Grantmaking activity was highest in 2022 with $180K distributed across 10 grants. Individual grants have ranged from $5K to $50K, with an average award of $19K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Oregon and Georgia and Virginia. Contributions to this foundation are tax-deductible.
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.
Satrum Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in OR, GA, VA.
Satrum Foundation Inc. has distributed a total of $310K across 16 grants. The median grant size is $23K, with an average of $19K. Individual grants have ranged from $5K to $50K.
Satrum Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Satrum Foundation Inc. is headquartered in BEND, OR. While based in OR, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisja N Harper | TREAS/DIRECTOR | $0 | $0 | N/A |
| Dawn W Satrum | V. PRES/DIRECTOR | $0 | $0 | N/A |
| Gerald R Satrum | PRES/DIRECTOR | $0 | $0 | N/A |
Total Giving
$122K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$110K
Contributions
$160K
Net Investment Income
$130K
Distribution Amount
$94K
Total: $558K
Total Grants
16
Total Giving
$310K
Average Grant
$19K
Median Grant
$23K
Unique Recipients
5
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Osu FoundationMEN'S INTERCOLLEGIATE ATHLETICS - GOLF SUPPORT PROGRAM FUND | Corvallis, OR | $50K | 2023 |
| Eastmont ChurchBUILDING FUND | Bend, OR | $25K | 2023 |
| Kingswood United Methodist ChurchOPERATING FUND | Dunwoody, GA | $20K | 2023 |
| Virginia Tech FoundationMEN'S GOLF | Blacksburg, VA | $10K | 2023 |
| Westside ChurchOPERATING FUND | Bend, OR | $5K | 2023 |