Overview

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Est.

1977

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SALEM STATE UNIVERSITY FOUNDATION INC is a higher education nonprofit focused on helping Salem State University meet its needs and goals by raising and managing contributions. For filing year 2025, it reported an operating budget of $1.1M and total revenue of $11.8M, with major support from OneWorld Boston Inc at $10.7M (2024), indicating substantial revenue from a single funder but not enough information here to conclude that it exceeds 50% of total revenue.

Mission Statement

TO HELP SALEM STATE UNIVERSITY MEET ITS NEEDS AND GOALS BY RAISING AND MANAGING CONTRIBUTIONS.
Revenues
$11.8M
Expenses
$5.8M
Net Income:
+$6M
Assets
$87M
Liabilities
$864.5K
Net Assets:
+$86.2M
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
16
Median grant size
$18.4K
Largest grant received
$4.1M
J
Jeffrey Cicolini
Board Member
N
Nancy a Dias
Board Member
R
Richard J Gilmartin
Board Member
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  • 61 funders
  • 76 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is SALEM STATE UNIVERSITY FOUNDATION INC’s budget?
In 2025, SALEM STATE UNIVERSITY FOUNDATION INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does SALEM STATE UNIVERSITY FOUNDATION INC support?
SALEM STATE UNIVERSITY FOUNDATION INC supports work in Higher education.
Where does SALEM STATE UNIVERSITY FOUNDATION INC operate?
SALEM STATE UNIVERSITY FOUNDATION INC is headquartered in SALEM, MA.
Who funded SALEM STATE UNIVERSITY FOUNDATION INC recently?
In 2025, SALEM STATE UNIVERSITY FOUNDATION INC received grants from Boston Foundation, Inc, AMERICAN ONLINE GIVING FOUNDATION INC, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant SALEM STATE UNIVERSITY FOUNDATION INC received in 2024?
The largest grant to SALEM STATE UNIVERSITY FOUNDATION INC in 2024 exceeds $4.1 million.