Salisbury Area Chamber of Commerce Foundation Inc
Function to further promotion of civic development/growth around the greater salisbury area.
Salisbury Area Chamber of Commerce Foundation Inc at a glance
In short: Salisbury Area Chamber of Commerce Foundation Inc gave $976K across 2 grants in 2026 (avg $488K), mostly in Maryland. Source: 2026 IRS Form 990.
- Annual giving (2026)
- $975,663
- Grants made (2026)
- 2
- Average grant
- $487,832
- Median grant
- $487,832
- Total assets
- $170,762
- Primary geography
- Maryland (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated September 2026.
Who Salisbury Area Chamber of Commerce Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Salisbury Town Center Apartments LLC ($500K). Together the top 2 received $976K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2026 it made 2 grants totaling $976K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salisbury Town Center Apartments LLC Salisbury, MD | Maryland dhcd passthrough grant. Predevelopment and design work for the salisbury town center apartments. | $500,000 |
| SBY Market Center LLC Salisbury, MD | Passthrough grant through Maryland dhcd. Construction and development work for the site of the sby market center site located at 110 small street, salisbury, md, 111 lake street, salisbury, md, 201 lake street, salisbury, md, 205 lake street, salisbury, md, 401 w. Main street, salisbury, md | $475,663 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | $170,762 | $1,008,754 | $980,300 | $975,663 | 2 | $27,209 |
About Salisbury Area Chamber of Commerce Foundation Inc
Based on IRS filings
Salisbury Area Chamber of Commerce Foundation Inc is a public charity, based in Salisbury, MD. IRS filing data is available for 2026. As of 2026, the organization holds $171K in total assets. In 2026, it awarded 2 grants totaling $976K. Net investment income was $27K.
Leadership & Key People
Officers and directors from IRS filings
Salisbury Area Chamber of Commerce Foundation Inc is led by Karri B. Todd, Co-President on the 2026 filing; none of the 5 officers listed in 2026 report compensation.
Officers on the 2026 filing
Karri B. Todd
Co-President
New on the 2026 filing
4 hrs/week
No compensation reported
Stephanie T. Willey
Co-President
New on the 2026 filing
4 hrs/week
No compensation reported
Alec B. Foote
Treasurer
New on the 2026 filing
2 hrs/week
No compensation reported
Debbie Bounds
Secretary
New on the 2026 filing
1 hr/week
No compensation reported
William Chambers
Board Member
New on the 2026 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2026. "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 Salisbury Area Chamber of Commerce Foundation Inc
How much does Salisbury Area Chamber of Commerce Foundation Inc give each year?
Salisbury Area Chamber of Commerce Foundation Inc gave $976K across 2 grants in 2026, according to its 2026 IRS Form 990.
How large is Salisbury Area Chamber of Commerce Foundation Inc?
Salisbury Area Chamber of Commerce Foundation Inc reported $171K in total assets on its 2026 IRS Form 990. Its revenue that year was $1.0M.
Where does Salisbury Area Chamber of Commerce Foundation Inc operate?
Salisbury Area Chamber of Commerce Foundation Inc has awarded grants in Maryland.
What is Salisbury Area Chamber of Commerce Foundation Inc's EIN?
Salisbury Area Chamber of Commerce Foundation Inc's EIN (Employer Identification Number) is 13-4226978. IRS Form 990 filing data is available on this page for 2026.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2026 (received by the IRS August 13, 2026)
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