funder logo

SALEM FOUNDATION INC

SALEM FOUNDATION INC

Wayzata, MN, US
501(c)3
EIN
41-6058845
Open for Solicitation
Private Foundation
Regional Funder
funder logo

SALEM FOUNDATION INC

Wayzata, MN, US
501(c)3
EIN
41-6058845
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$22,525

Investments
90%
Other
10%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$23,938

Grants
76%
Fees to Service Providers
23%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$18,876
$20,312
+8%
Other
-$1,849
$2,213
-220%
Total Revenues
$17,027
$22,525
+32%
Expenses
2023
2024
Change
Grants
$321,432
$18,250
-94%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$5,250
$5,513
+5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$86
$175
+103%
Total Expenses
$326,768
$23,938
-93%
Net income
2023
2024
Change
Net income
-$309,741
-$1,413
+100%
Income Statement
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