Foundation Properties Inc

SALEM, OR EIN: 20-8689013

Foundation Properties Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALEM, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7K

-0.4% YoY

Revenue

$3

+50.0% YoY

Net Investment Income

Expenses

$34

-63.0% YoY

Under IRS private-foundation payout rules, Foundation Properties Inc reported a distributable amount of $358 for 2024 — the minimum it must pay out in qualifying distributions.

About Foundation Properties Inc

Based on IRS filings

Foundation Properties Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALEM, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$470.25000000000006$940.5000000000001$1K$2K20202021202220232024
Metric202420232022
Total Assets$7,253$7,284$7,374
Revenue$3$2$2
Expenses$34$92$1,710
Qualifying Distributions$1,710
Net Investment Income$2
Distributable Amount$358$359$374

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$11 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Richard FaithPresident1
Daniel KerrSec / Treas1
Jodie RossDirector
Jennifer RowlandDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Foundation Properties Inc?

Foundation Properties Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SALEM, OR. It holds $7K in total assets as of 2024.

How large is Foundation Properties Inc?

As of 2024, Foundation Properties Inc holds $7K in total assets with $3 in annual revenue.

Where does Foundation Properties Inc operate?

Foundation Properties Inc has awarded grants in Oregon.

How much is Foundation Properties Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation Properties Inc reported a distributable amount of $358 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Foundation Properties Inc's EIN?

Foundation Properties Inc's EIN (Employer Identification Number) is 20-8689013. IRS Form 990 filing data is available on this page for 2020–2024.

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

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