Cambridge-Salem 481 Charities Inc

Private foundation · Grantmaker Cambridge, NY EIN: 14-1826944

Cambridge-Salem 481 Charities Inc is a private foundation, based in Cambridge, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4K in total assets.

Key facts about Cambridge-Salem 481 Charities Inc

EIN
14-1826944
Latest 990 filing
Form 990-PF, 2024
Total assets
$3,614

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4K

-16.1% YoY

Revenue

$14K

+4.7% YoY

Expenses

$15K

+3.1% YoY

Under IRS private-foundation payout rules, Cambridge-Salem 481 Charities Inc reported a distributable amount of $195 for 2024 — the minimum it must pay out in qualifying distributions.

How Cambridge-Salem 481 Charities Inc gives

  • In 2021 it paid out 316% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

CambridgeEagle BridgeUtica

Giving Over Time

Total grant dollars and number of grants per year

$0$200$400$600$8003 grants2019 1 grant2020 2 grants2021 0 grants2022 0 grants2023 0 grants2024

From 2019 to 2021, annual grant giving ranged from $300 (2021) to $676 (2019). In 2021 it made 2 grants totaling $300.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$5K$10K$15K$20K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,614$4,308—
Revenue$13,889$13,270$7,676
Expenses$14,583$14,144$7,212
Distributable Amount$195$176$220

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Cambridge-Salem 481 Charities Inc is led by Albert Nolette, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Albert Nolette

    President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Lester Losaw

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lance A. Weng

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Malcolm Ogden Jr. (2019–2022) — President
  • Former: John Patterson (2021–2022) — Secretary
  • Former: John Pattersonjr (2019–2020) — Secretary

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Cambridge-Salem 481 Charities Inc

How large is Cambridge-Salem 481 Charities Inc?

Cambridge-Salem 481 Charities Inc reported $4K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $14K.

Where does Cambridge-Salem 481 Charities Inc operate?

Cambridge-Salem 481 Charities Inc has awarded grants in New York.

How much is Cambridge-Salem 481 Charities Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cambridge-Salem 481 Charities Inc reported a distributable amount of $195 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cambridge-Salem 481 Charities Inc's EIN?

Cambridge-Salem 481 Charities Inc's EIN (Employer Identification Number) is 14-1826944. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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