Salem College Starbuck Chair

SAINT LOUIS, MO EIN: 56-6200048

Education Higher education Undergraduate education

Salem College Starbuck Chair is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $260K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$260K

-1.9% YoY

Annual Giving

$12K

-1.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

-1.0% YoY

Under IRS private-foundation payout rules, Salem College Starbuck Chair reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Salem College Starbuck Chair

Based on IRS filings

Focus Areas

Education Higher education Undergraduate education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $63K (100%)

States

North Carolina

Cities

Winston Salem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$260,111	$265,283	$275,169
Revenue	$10,276	$5,694	$6,120
Expenses	$15,548	$15,528	$17,688
Qualifying Distributions	$13,332	$13,528	$14,878
Net Investment Income	$8,134	$5,806	$6,583
Distributable Amount	$14,448	$13,303	$14,073

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

Among its reported 2024 grants, the largest include Salem Academy and College ($12,000).

Recipient	Purpose	Amount
SALEM ACADEMY AND COLLEGE WINSTON SALEM, NC	GENERAL OPERATING	$12,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$2,301

Subject Areas

Focus areas based on grantmaking activity

Education Higher education Undergraduate education

Frequently Asked Questions

What is Salem College Starbuck Chair?

Salem College Starbuck Chair is a private foundation focused on Education, based in SAINT LOUIS, MO. It holds $260K in total assets as of 2024.

How large is Salem College Starbuck Chair?

As of 2024, Salem College Starbuck Chair holds $260K in total assets with $10K in annual revenue. It awarded 1 grants totaling $12K in 2024.

Where does Salem College Starbuck Chair operate?

Salem College Starbuck Chair has awarded grants in North Carolina.

What size grants does Salem College Starbuck Chair award?

In 2024, Salem College Starbuck Chair awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Salem College Starbuck Chair required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Salem College Starbuck Chair reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.