Salem Art Association Endowment
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).
Financial Overview
From 2024 IRS Form 990-PF
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
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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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $43,379 | $36,589 | $31,028 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Salem Art Association Endowment fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY HARDEY | PRESIDENT & BOARD CHAIR | 0.25 | — |
| JANET NEUBURG | DIRECTOR | 0.25 | — |
| RON RUBEL | DIRECTOR | 0.25 | — |
| ERICA PUOPOLO | DIRECTOR | 0.25 | — |
| ERNESTO TOSKVIC | DIRECTOR | 0.25 | — |
| KATHRYN PAWLICK | SECRETARY | 0.25 | — |
| EMILY ALIMONOS | DIRECTOR JAN-JULY/TREASURER AUG-DEC | 0.25 | — |
| DANAE JOHNSON FROM 1224 | TREASURER | 0.25 | — |
| MATTHEW BOULAY | EXECUTIVE DIRECTOR | 2.5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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