Salgo-Noren Foundation Inc

Organization Overview

Salgo-Noren Foundation Inc is located in Wichita, KS. The organization was established in 1958. 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. Salgo-Noren 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 12/2021, Salgo-Noren Foundation Inc generated $264.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $293.4k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Salgo-Noren Foundation Inc has awarded 34 individual grants totaling $1,666,320. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $48,417
Net Rental Income$0
Net Gain on Sale of Assets $215,737
Capital Gain Net Income $215,737
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $264,154

Grants Awarded

Over the last fiscal year, Salgo-Noren Foundation Inc has awarded $275,000 in support to 4 organizations.

Grant RecipientAmount

CORNELL UNIVERSITY

Org PageRecipient Profile

Ithaca, NY

PURPOSE: SCHOLARSHIP FUND FOR EDUCATIONAL ORGANIZATION

$100,000

CORNELL UNIVERSITY

Org PageRecipient Profile

Ithaca, NY

PURPOSE: OPERATING FUND FOR EDUCATIONAL ORGANIZATION

$75,000

MATHEMATICAL SCIENCES RESEARCH INSTITUTE

PURPOSE: SCHOLARSHIP FUND FOR EDUCATIONAL ORGANIZATION

$68,000

GOLDEN GATE UNIVERSITY

Org PageRecipient Profile

San Francisco, CA

PURPOSE: SCHOLARSHIP FUND FOR EDUCATIONAL ORGANIZATION

$32,000
View Grant Profile

Peer Organizations

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