The Salon Family Foundation Inc is a private foundation focused on Science & Technology, based in ARMONK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 79 grants totaling $90K. Net investment income was $100K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+0.8% YoY
Annual Giving
$90K
+5.9% YoY
Grant Count
79
+29.5% YoY
Avg Grant Size
$1K
-18.2% YoY
Under IRS private-foundation payout rules, The Salon Family Foundation Inc reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
About The Salon Family Foundation Inc
Based on IRS filings
The Salon Family Foundation Inc is a private foundation focused on Science & Technology, based in ARMONK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 79 grants totaling $90K. Net investment income was $100K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,286,060 | $1,275,692 | $1,215,646 |
| Revenue | $116,625 | $159,889 | $75,151 |
| Expenses | $106,860 | $99,843 | $101,459 |
| Qualifying Distributions | $90,000 | $85,000 | $85,000 |
| Net Investment Income | $99,765 | $145,046 | $58,692 |
| Distributable Amount | $90,614 | $80,000 | $83,981 |
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
241 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Bridge Fund of New York Inc ($8,000), The Family Place ($5,000), Upper Valley Haven ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW YORK MEDICAL COLLEGE VALHALLA, NY | EDUCATION | $1,550 |
| WOMEN FOR WOMEN INTERNATIONAL CENTRAL ISLIP, NY | CHARITABLE | $800 |
| UNITED WAY OF WESTCHESTER AND PUTNAM INC BUFFALO, NY | CHARITABLE | $3,000 |
| UNION OF CONCERNED SCIENTISTS WOBURN, MA | CHARITABLE | $1,000 |
| SOLAR COOKERS INTERNATIONAL SACRAMENTO, CA | CHARITABLE | $1,500 |
| REED COLLEGE PORTLAND, OR | CHARITABLE | $3,500 |
| NATIONAL KIDNEY FOUNDATION NEW YORK, NY | CHARITABLE | $1,500 |
| FINCA WASHINGTON, DC | CHARITABLE | $1,500 |
| ACCION ALLENWOOD, NJ | CHARITABLE | $2,000 |
| THE FAMILY PLACE NORWICH, VT | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL SALON | President | 0.25 | — |
| CAROLYN SALON | Vice President | 0.25 | — |
| HEATHER SALON | Vice President | 0.25 | — |
| DEBORAH SALON | Vice President | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Salon Family Foundation Inc?
The Salon Family Foundation Inc is a private foundation focused on Science & Technology, based in ARMONK, NY. It holds $1.3M in total assets as of 2024.
How large is The Salon Family Foundation Inc?
As of 2024, The Salon Family Foundation Inc holds $1.3M in total assets with $117K in annual revenue. It awarded 79 grants totaling $90K in 2024.
Where does The Salon Family Foundation Inc operate?
The Salon Family Foundation Inc has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Iowa, Illinois, Kansas, Massachusetts, Maryland, Minnesota, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, Vermont, Wisconsin.
What size grants does The Salon Family Foundation Inc award?
In 2024, The Salon Family Foundation Inc awarded 79 grants totaling $90K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Salon Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Salon Family Foundation Inc reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Salon Family Foundation Inc's EIN?
The Salon Family Foundation Inc's EIN (Employer Identification Number) is 84-1721846. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Salon Family 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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