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

Among its reported 2025 grants, the largest include Salem Academy Charter School ($767,386).

RecipientPurposeAmount
SALEM ACADEMY CHARTER SCHOOL SALEM, MASUPPORT SALEM ACADEMY CHARTER SCHOOL$767,386

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

Frequently Asked Questions

What is Salem Academy Charter School Foundation?

Salem Academy Charter School Foundation is a nonprofit organization focused on Education, based in SALEM, MA. It holds $1.6M in total assets as of 2025.

How large is Salem Academy Charter School Foundation?

As of 2025, Salem Academy Charter School Foundation holds $1.6M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $767K in 2025.

Where does Salem Academy Charter School Foundation operate?

Salem Academy Charter School Foundation has awarded grants in Massachusetts.

What size grants does Salem Academy Charter School Foundation award?

In 2025, Salem Academy Charter School Foundation awarded 1 grants totaling $767K — an average of about $767K per grant, based on its IRS Form 990 filings.

What is Salem Academy Charter School Foundation's EIN?

Salem Academy Charter School Foundation's EIN (Employer Identification Number) is 83-0368169. IRS Form 990 filing data is available on this page for 2020–2025.

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

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