Salem Art Association Endowment Foundation logo

Salem Art Association Endowment Foundation

Public charity · Grantmaker Salem, OR EIN: 93-0718331 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Salem

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

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

Salem Art Association: $45KSalem Art Association$45K

The largest 2024 recipient was Salem Art Association ($45K).

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Salem Art Association Salem, ORTo Support the Arts$45,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. 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.

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