The Richard Salomon Family Foundation
The Richard Salomon Family Foundation is a private foundation based in New York City, located at 610 5th Avenue, Room 506. Established in 1964, it operates as a 501(c)(3) tax-exempt organization dedicated to lessening human suffering through healing and learning.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.2M
-5.0% YoY
Annual Giving
$1.8M
+51.1% YoY
Grant Count
34
+6.3% YoY
Avg Grant Size
$52K
+42.2% YoY
Mission & Focus Areas
The foundation's mission centers on reducing human suffering through healing and learning. Primary funding areas include:
- Education
- Cancer research
- Human services
- Child abuse treatment (with special emphasis on sexual abuse)
- Environmental protection
- Climate change
- Food security
The foundation also supports local charities and organizations that are particularly meaningful to family members.
Grantmaking
The foundation makes grants to a range of organizations across multiple sectors. Recent grant recipients have included:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, California, and Massachusetts. Notable grantees include organizations in Philadelphia, Little Rock, Boston, North Kingstown, The Bronx, Barnstable, and Hartford.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $13.2 million
- Total Revenue: $1.24 million
- Total Expenses: $1.94 million
- Total Liabilities: $229,000
As of December 2023:
- Total Assets: $13.9 million
- Total Revenue: $461,197
- Total Expenses: $1.3 million
- Investment Income and Dividends: $280,023
The foundation's revenue is primarily derived from investment income and dividends, with net gains from the sale of non-inventory assets also contributing to funding capacity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,214,334 | $13,909,792 | $14,783,366 |
| Revenue | $1,238,025 | $461,197 | $91,924 |
| Expenses | $1,936,800 | $1,325,364 | $1,109,385 |
| Qualifying Distributions | $1,775,134 | $1,175,055 | $943,018 |
| Net Investment Income | $1,076,428 | $338,752 | $145,057 |
| Distributable Amount | $958,060 | $874,547 | $896,454 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD E SALOMON | CHAIRMAN | — | — |
| EVANNE S GARGIULO | TREASURER | — | — |
| LAURA A LANDRO | DIRECTOR | — | — |
| CHRISTINA SALOMON | DIRECTOR | — | — |
| DAVID SALOMON | PRESIDENT | — | — |
| JENNIFER SALOMON | SECRETARY | 35 | — |
| MARLENE HESS | DIRECTOR | — | — |
Contact Information
- Phone: 212-275-1500
- Address: 610 5th Avenue, Room 506, New York City, NY 10020-2403
- EIN: 13-6163521
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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