Salem Elementary Academic Foundation Inc
Salem Elementary Academic Foundation Inc is a private foundation, based in SALEM, IL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $5K in total assets. Net investment income was $10.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5K
+0.2% YoY
Revenue
$10
+11.1% YoY
Net Investment Income
$10
+11.1% YoY
Expenses
—
Under IRS private-foundation payout rules, Salem Elementary Academic Foundation Inc reported a distributable amount of $235 for 2025 — the minimum it must pay out in qualifying distributions.
About Salem Elementary Academic Foundation Inc
Based on IRS filings
Salem Elementary Academic Foundation Inc is a private foundation, based in SALEM, IL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $5K in total assets. Net investment income was $10.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,783 | $4,773 | $4,764 |
| Revenue | $10 | $9 | $8 |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10 | $9 | $8 |
| Distributable Amount | $235 | $235 | $234 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN GASTON | President | — | — |
| MYRON S LLOYD | TREASURER | — | — |
| LESLIE FOPPE | DIRECTOR | — | — |
| MARTY ADAMS | DIRECTOR | — | — |
| PATTY SQUIBB | DIRECTOR | — | — |
| ALISHA AMBUEHL | SECRETARY | — | — |
Frequently Asked Questions
How large is Salem Elementary Academic Foundation Inc?
As of 2025, Salem Elementary Academic Foundation Inc holds $5K in total assets with $10 in annual revenue.
How much is Salem Elementary Academic Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Salem Elementary Academic Foundation Inc reported a distributable amount of $235 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Salem Elementary Academic Foundation Inc's EIN?
Salem Elementary Academic Foundation Inc's EIN (Employer Identification Number) is 37-1316956. IRS Form 990 filing data is available on this page for 2023–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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