Salem Academy Charter School Foundation

SALEM, MA EIN: 83-0368169

TO SUPPORT THE ACTIVITIES OF SALEM ACADEMY CHARTER SCHOOL

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.6M

+26.1% YoY

Annual Giving

$767K

+4.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$767K

+4.4% YoY

About Salem Academy Charter School Foundation

Based on IRS filings

Salem Academy Charter School Foundation is a nonprofit organization focused on Education, based in SALEM, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 1 grants totaling $767K. Net investment income was $54K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$404K$808K$1M$2M202020212022202320242025
Metric202520242023
Total Assets$1,644,600$1,303,843$948,260
Revenue$1,117,215$1,100,120$866,381
Expenses$775,032$742,167$725,446
Qualifying Distributions
Net Investment Income$53,586$30,090$8,210
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$192K$384K$576K$767K1 grants20200 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

SALEM ACADEMY CHARTER SC…$767K

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
W STEVENSON PALMERVICE PRESIDENT1
JENNIFER LUSSIERBOARD MEMBER1
CONNIE BURKETREASURER1
EMILY O'BRIENCLERK1
RACHEL HUNTBOARD MEMBER1
NINA V COHENPRESIDENT1
STEPHANIE CALLAHANBOARD MEMBER1
CHRISTINE WYNNEBOARD MEMBER1
WILLIAM HENNINGBOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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