Salamone Family Foundation Inc
Salamone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 3 grants totaling $211K. Net investment income was $606K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+23.4% YoY
Annual Giving
$211K
-3.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$70K
-3.0% YoY
Under IRS private-foundation payout rules, Salamone Family Foundation Inc reported a distributable amount of $148K for 2024 — the minimum it must pay out in qualifying distributions.
About Salamone Family Foundation Inc
Based on IRS filings
Salamone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 3 grants totaling $211K. Net investment income was $606K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,122,260 | $2,529,827 | $2,670,590 |
| Revenue | $816,546 | $99,030 | $419,632 |
| Expenses | $224,113 | $239,793 | $300,981 |
| Qualifying Distributions | $213,449 | $217,650 | $291,200 |
| Net Investment Income | $605,882 | $89,453 | $804,150 |
| Distributable Amount | $147,727 | $154,982 | $140,569 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Francis College ($160,000), Tunnel to Towers Foundation ($50,000), The Salvation Army Usa ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST FRANCIS COLLEGE BROOKLYN HEIGHTS, NY | THE ORGANIZATION PROVIDES AN AFFORDABLE, QUALITY EDUCATION TO STUDENTS OF ALL RACIAL, ETHNIC, AND RELIGIOUS BACKGROUNDS | $160,000 |
| THE SALVATION ARMY USA ALEXANDRIA, VA | THE ORGANIZATION IS AN EVANGELICAL PART OF THE UNIVERSAL CHRISTIAN CHURCH. ITS MESSAGE IS BASED ON THE BIBLE. ITS MINISTRY IS MOTIVATED BY THE LOVE OF GOD. ITS MISSION IS TO PREACH THE GOSPEL OF JESUS CHRIST AND TO MEET HUMAN NEEDS IN HIS NAME WITHOUT DISCRIMINATION. | $1,000 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | THE MISSION OF THE STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION IS TO HONOR THE SACRIFICE OF FDNY FIREFIGHTER STEPHEN SILLER, AND ALL THOSE WHO LAID DOWN THEIR LIVES TO SAVE OTHERS ON SEPTEMBER 11, 2001. ALSO HONOR OUR MILITARY AND FIRST RESPONDERS WHO CONTINUE TO MAKE THE SUPREME SACRIFICE OF LIFE AND LIMB FOR OUR COUNTRY. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENIS J SALAMONE | PRESIDENT/TREASURER | 1 | — |
| JOANNE M SALAMONE | VICE PRESIDENT/SECRETARY | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Salamone Family Foundation Inc?
Salamone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. It holds $3.1M in total assets as of 2024.
How large is Salamone Family Foundation Inc?
As of 2024, Salamone Family Foundation Inc holds $3.1M in total assets with $817K in annual revenue. It awarded 3 grants totaling $211K in 2024.
Where does Salamone Family Foundation Inc operate?
Salamone Family Foundation Inc has awarded grants in Florida, New Jersey, New York, Virginia, Vermont.
What size grants does Salamone Family Foundation Inc award?
In 2024, Salamone Family Foundation Inc awarded 3 grants totaling $211K — an average of about $70K per grant, based on its IRS Form 990 filings.
How much is Salamone Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Salamone Family Foundation Inc reported a distributable amount of $148K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Salamone Family Foundation Inc's EIN?
Salamone Family Foundation Inc's EIN (Employer Identification Number) is 81-4199187. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Salamone Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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