Salmon Foundation Inc
- Assets
- $21.3m
- Revenue
- $1.2m
- Investments
- $20.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1992
- Data as of
- 12/2023
- EIN
- 13-3637630
Organization Overview
Salmon Foundation Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salmon Foundation Inc 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 12/2023, Salmon Foundation Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Salmon Foundation Inc has awarded 164 individual grants totaling $4,141,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Macglashan President | 1 | $0 | |
Diana Duffey Vice President | 1 | $0 | |
Charlotte Rutledge Treasurer | 1 | $0 | |
Sarah Rutledge Secretary | 1 | $0 | |
Harry J Duffey III Director | 1 | $0 | |
Patricia Parkhurst Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,557 |
| Dividends & Interest | $473,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $294,690 |
| Capital Gain Net Income | $294,690 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $461,265 |
| Total Revenue | $1,236,213 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,677 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $58,429 |
| Printing and publications | $0 |
| Other expenses | $1,212 |
| Total operating and administrative expenses | $285,590 |
| Contributions, gifts, grants paid | $1,000,000 |
| Total expenses and disbursements | $1,285,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,414 |
| Savings and temporary cash investments | $346,050 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $175,535 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,274,583 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Salmon Foundation Inc has awarded $1,000,000 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN YOUTH CENTER PURPOSE: FOR GENERAL OPERATING SUPPORT | $30,000 |
ASPEN EDUCATION FOUNDATION PURPOSE: FOR A MIDDLE SCHOOL COUNSELOR TO ADDRESS MENTAL HEALTH NEEDS OF STUDENTS | $30,000 |
B THE DIFFERENCE PURPOSE: FOR THE B KIND PROGRAM | $10,000 |
BALTIMORE SYMPHONY ORCHESTRA PURPOSE: FOR THE ORCHKIDS PROGRAM | $30,000 |
BRENT ELEY FOUNDATION PURPOSE: TO PROVIDE SAFE, CLEAN HOUSING FOR CHILDREN BEING TREATED FOR CANCER AND THEIR FAMILIES | $30,000 |
CHANGING PERSPECTIVES PURPOSE: FOR ENSURING CURRICULUM ACCESSIBILITY FOR ALL | $40,000 |