Salin Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 4 grants totaling $74K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$866K
+1.6% YoY
Annual Giving
$74K
+617.1% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$18K
+617.1% YoY
Under IRS private-foundation payout rules, Salin Foundation Inc reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
About Salin Foundation Inc
Based on IRS filings
Salin Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 4 grants totaling $74K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $865,554 | $851,553 | $740,288 |
| Revenue | $96,858 | $139,785 | $221,808 |
| Expenses | $83,643 | $19,868 | $1,759,682 |
| Qualifying Distributions | $73,500 | $10,250 | $1,731,949 |
| Net Investment Income | $35,236 | $28,597 | $364,626 |
| Distributable Amount | $63,299 | $57,126 | $61,095 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wawasee Area Conservatory ($45,000), Ymca of Greater Ft Wayne ($25,000), Matthew Zonghetti Scholarship Fund ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MATTHEW ZONGHETTI SCHOLARSHIP FUND MANSFIELD, MA | EDUCATIONAL | $2,500 |
| WABASH RIVER ENHANCEMENT CORPORATION LAFAYETTE, IN | ENVIRONMENTAL | $1,000 |
| YMCA OF GREATER FT WAYNE FORT WAYNE, IN | SOCIAL SERVICES | $25,000 |
| WAWASEE AREA CONSERVATORY SYRACUSE, IN | ENVIRONMENTAL | $45,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM N SALIN II | CHAIRMAN | 2 | — |
| WILLIAM N SALIN III | DIRECTOR | 2 | — |
| SAMUEL J SALIN | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Salin Foundation Inc?
Salin Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $866K in total assets as of 2024.
How large is Salin Foundation Inc?
As of 2024, Salin Foundation Inc holds $866K in total assets with $97K in annual revenue. It awarded 4 grants totaling $74K in 2024.
Where does Salin Foundation Inc operate?
Salin Foundation Inc has awarded grants in Colorado, Florida, Georgia, Illinois, Indiana, Massachusetts, Maryland, Minnesota, Missouri, Ohio.
What size grants does Salin Foundation Inc award?
In 2024, Salin Foundation Inc awarded 4 grants totaling $74K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Salin Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Salin Foundation Inc reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Salin Foundation Inc's EIN?
Salin Foundation Inc's EIN (Employer Identification Number) is 35-2047694. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Salin Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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