Salt Foundation

LOS ANGELES, CA EIN: 84-1865418

Salt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 5 grants totaling $79K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$79K

-8.8% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$16K

-45.3% YoY

Under IRS private-foundation payout rules, Salt Foundation reported a distributable amount of $3K for 2023 — the minimum it must pay out in qualifying distributions.

About Salt Foundation

Based on IRS filings

Salt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 5 grants totaling $79K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AlhambraAzusaLos AngelesMonterey ParkPittsburgSan Gabriel

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$83K$111K2020202120222023
Metric202320222021
Total Assets$80,114$67,994
Revenue$273$100,120$101,004
Expenses$80,387$88,000$34,000
Qualifying Distributions$80,087$87,900$34,000
Net Investment Income$20$4
Distributable Amount$2,868$3,375$1,972

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$65K$87K0 grants20203 grants20213 grants20225 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2023

CATALYST SAN GABRIEL VAL…$56KFOOTHILL COMMUNITY CHURCH$11KVENICE FREE METHODIST CH…$6KRIVER OF LIFE MONTEREY P…$4KMONTEREY PARK CHRISTIAN …$2K

Grant Size Distribution

11 grants across all recorded years

9<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Catalyst San Gabriel Valley Inc ($56,000), Foothill Community Church ($11,000), Venice Free Methodist Church ($6,000).

RecipientPurposeAmount
CATALYST SAN GABRIEL VALLEY INC ALHAMBRA, CAGENERAL PURPOSE SERVING HOMELESS FAMILIES$56,000
VENICE FREE METHODIST CHURCH LOS ANGELES, CAPROVIDE VARIETY OF ACTIVE MINISTRIES SERVING GOD$6,000
MONTEREY PARK CHRISTIAN SCHOOL MONTEREY PARK, CAPURCHASE BOOKS FOR LITERACY PROGRAM$2,000
FOOTHILL COMMUNITY CHURCH AZUSA, CASERVING THOSE EXPERIENCING HOMELESSNESS$11,000
RIVER OF LIFE MONTEREY PARK CHURCH MONTEREY PARK, CAPROCLAIM GOSPEL AND DEVELOP DISCIPLES IN COMMUNITY$4,387

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
BONNIE LEECFOSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Salt Foundation?

Salt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds — in total assets as of 2023.

Where does Salt Foundation operate?

Salt Foundation has awarded grants in California.

What size grants does Salt Foundation award?

In 2023, Salt Foundation awarded 5 grants totaling $79K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Salt Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Salt Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Salt Foundation's EIN?

Salt Foundation's EIN (Employer Identification Number) is 84-1865418. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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