Salem Art Association Endowment Foundation
The mission of the Salem Art Association Endowment Foundation (SAAEF) is to preserve, protect and enhance the foundation's assets in order to promote and further the arts in our community, through the support of the salem art association (SAA).
Key facts about Salem Art Association Endowment Foundation
In short: Salem Art Association Endowment Foundation gave $45K across 1 grant in 2024 (avg $45K), mostly in Oregon. Source: 2024 IRS Form 990.
- EIN
- 93-0718331
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $45,000
- Grants made (2024)
- 1
- Average grant
- $45,000
- Median grant
- $45,000
- Total assets
- $872,037
- Primary geography
- Oregon (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$872K
+4.6% YoY
Annual Giving
$45K
-18.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$45K
-18.2% YoY
How Salem Art Association Endowment Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Salem Art Association Endowment Foundation
Based on IRS filings
Salem Art Association Endowment Foundation is a public charity focused on Arts, Culture & Humanities, based in Salem, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $872K in total assets. In 2024, it awarded 1 grant totaling $45K. Net investment income was $43K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2022) to $55K (2023). In 2024 it made 1 grant totaling $45K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Salem Art Association ($45K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salem Art Association Salem, OR | To Support the Arts | $45,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $872,037 | $833,642 | $842,356 |
| Revenue | $46,179 | $49,289 | $40,728 |
| Expenses | $65,211 | $75,235 | $46,155 |
| Net Investment Income | $43,379 | $36,589 | $31,028 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Salem Art Association Endowment Foundation is led by Gary Hardey, President & Board Chair since 2024 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gary Hardey
President & Board Chair
Treasurer → President & Board Chair, 2024
On filings since 2020
0.3 hrs/week
No compensation reported
Matthew Boulay
Executive Director
On filings since 2021
2.5 hrs/week
No compensation reported
Janet Neuburg
Director
Director → Secretary, 2023
Secretary → Director, 2024
On filings since 2020
0.3 hrs/week
No compensation reported
Ron Rubel
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Erica Puopolo
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Emily Alimonos
Director Jan-July & Treasurer Aug-Dec
Director → Director Jan-July & Treasurer Aug-Dec, 2024
On filings since 2023
0.3 hrs/week
No compensation reported
Ernesto Toskvic
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Kathryn Pawlick
Secretary
Director → Secretary, 2024
On filings since 2023
0.3 hrs/week
No compensation reported
Danae Johnson
Treasurer
New on the 2024 filing
0.3 hrs/week
No compensation reported
Former officers (4)
- Former: Jon Lauer (2020–2023) — President
- Former: Bob Speckman (2020–2022) — Director
- Former: Sandra Burnett (2020–2021) — Executive Director
- Former: Laura Zenthoefer (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Salem Art Association Endowment Foundation
How much does Salem Art Association Endowment Foundation give each year?
Salem Art Association Endowment Foundation gave $45K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $55K across 1 grant.
How large is Salem Art Association Endowment Foundation?
Salem Art Association Endowment Foundation reported $872K in total assets on its 2024 IRS Form 990. Its revenue that year was $46K.
What is Salem Art Association Endowment Foundation?
Salem Art Association Endowment Foundation is a public charity focused on Arts, Culture & Humanities, based in Salem, OR. It holds $872K in total assets as of 2024.
Where does Salem Art Association Endowment Foundation operate?
Salem Art Association Endowment Foundation has awarded grants in Oregon.
What is Salem Art Association Endowment Foundation's EIN?
Salem Art Association Endowment Foundation's EIN (Employer Identification Number) is 93-0718331. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Salem Art Association Endowment Foundation by hand.
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