John P Salamone Memorial Foundation

Organization Overview

John P Salamone Memorial Foundation is located in Basking Ridge, NJ. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John P Salamone Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, John P Salamone Memorial Foundation generated $87.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $517.0 during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

THREE$3,000SCHOLARSHIPFORATHLETESATWESTESSEXHIGHSCHOOLINNORTHCALDWELL,NJ


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$15,492
Total Program Service Revenue$0
Membership dues$0
Investment income $72,293
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$87,785

Grants Recieved

Over the last fiscal year, we have identified 1 grants that John P Salamone Memorial Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Richmond County Savings Foundation

Staten Island, NY

PURPOSE: JOHN P. SALAMONE SCHOLARSHIPS

$5,000
View Grant Recipient Profile

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