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Seamens Widow And Orphan Association Of Salem is a private corporation based in SALEM, MA. The foundation received its IRS ruling in 1942. The principal officer is Elle Marshall. It holds total assets of $2.3M. Annual income is reported at $1.2M. Total assets have grown from $1.6M in 2011 to $2.1M in 2023. The foundation is governed by 11 officers and trustees. Assist families in need. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Seamens Widow And Orphan Association Of Salem has made 2 grants totaling $20K, with a median grant of $10K. Annual giving has grown from $7K in 2020 to $14K in 2022. Individual grants have ranged from $7K to $14K, with an average award of $10K. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Assist families in need
Expenses: $56K
Assist families in need. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MA.
Seamens Widow And Orphan Association Of Salem has distributed a total of $20K across 2 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $7K to $14K.
Seamens Widow And Orphan Association Of Salem typically selects its grantees rather than accepting unsolicited proposals.
Seamens Widow And Orphan Association Of Salem is headquartered in SALEM, MA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Hedstrom | TREASURER | $4K | $0 | $4K |
| Mimi Ballou | BOARD OF MANAGERS | $0 | $0 | N/A |
| Penny Bigmore | BOARD OF MANAGERS | $0 | $0 | N/A |
| Denise M Regan | BOARD OF MANAGERS | $0 | $0 | N/A |
| Karen Cady | BOARD OF MANAGERS | $0 | $0 | N/A |
| Ann Laaff | BOARD OF MANAGERS | $0 | $0 | N/A |
| Donna Fritz | BOARD OF MANAGERS | $0 | $0 | N/A |
| Jody Smith | BOARD OF MANAGERS | $0 | $0 | N/A |
| Pauline Morency | VICE PRESIDENT | $0 | $0 | N/A |
| Hannah Diozzi | SECRETARY | $0 | $0 | N/A |
| Deborah Jackson | PRESIDENT | $0 | $0 | N/A |
Total Giving
$117K
Total Assets
$2.1M
Fair Market Value
$2.5M
Net Worth
$2.1M
Grants Paid
$10K
Contributions
$3K
Net Investment Income
$143K
Distribution Amount
N/A
Total: $2M
Total Grants
2
Total Giving
$20K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
1
Most Common Grant
$14K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts Maritime AcademySUPPORTS COLLEGE | Buzzards Bay, MA | $14K | 2022 |