The Salvatore Family Foundation
The Salvatore Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $242K in total assets. In 2024, it awarded 8 grants totaling $188K. Net investment income was $97K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$242K
-28.1% YoY
Annual Giving
$188K
+141.4% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$24K
-9.5% YoY
Under IRS private-foundation payout rules, The Salvatore Family Foundation reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
About The Salvatore Family Foundation
Based on IRS filings
The Salvatore Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $242K in total assets. In 2024, it awarded 8 grants totaling $188K. Net investment income was $97K.
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 | $242,338 | $336,892 | $404,514 |
| Revenue | $97,195 | $13,016 | $10,533 |
| Expenses | $191,749 | $80,638 | $111,881 |
| Qualifying Distributions | $188,300 | $78,000 | $111,500 |
| Net Investment Income | $97,195 | $12,882 | $10,115 |
| Distributable Amount | $50,069 | $45,020 | $48,612 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Garden of Dreams Foundation ($60,000), Medical University of South Carolina ($50,000), College of Charleston Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST JEAN BAPITISTE CHURCH NEW YORK, NY | GENERAL PURPOSE | $5,200 |
| COLLEGE OF CHARLESTON FOUNDATION CHARLESTON, SC | GENERAL PURPOSE | $25,000 |
| SOCIETY OF THE LITTLE FLOWER DARIEN, IL | GENERAL PURPOSE | $5,600 |
| ADVANTAGE MOZAMBIQUE GREENWOOD VILLAGE, CO | GENERAL PURPOSE | $5,000 |
| THE GREEN HEART PROJECT CHARLESTON, SC | GENERAL PURPOSE | $22,500 |
| MEDICAL UNIVERSITY OF SOUTH CAROLINA CHARLESTON, SC | GENERAL PURPOSE | $50,000 |
| GARDEN OF DREAMS FOUNDATION NEW YORK, NY | GENERAL PURPOSE | $60,000 |
| COLLEGE OF CHARLESTON ATHLETICS CHARLESTON, SC | GENERAL PURPOSE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS SALVATORE | DIRECTOR/V.P. | — | — |
| ROBERT SALVATORE | DIRECTOR/V.P. | — | — |
| DAWN FAY | DIRECTOR/V.P. | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Salvatore Family Foundation?
The Salvatore Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $242K in total assets as of 2024.
How large is The Salvatore Family Foundation?
As of 2024, The Salvatore Family Foundation holds $242K in total assets with $97K in annual revenue. It awarded 8 grants totaling $188K in 2024.
Where does The Salvatore Family Foundation operate?
The Salvatore Family Foundation has awarded grants in Colorado, Illinois, North Carolina, New York, Pennsylvania, South Carolina.
What size grants does The Salvatore Family Foundation award?
In 2024, The Salvatore Family Foundation awarded 8 grants totaling $188K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is The Salvatore Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Salvatore Family Foundation reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Salvatore Family Foundation's EIN?
The Salvatore Family Foundation's EIN (Employer Identification Number) is 13-4200627. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Salvatore Family Foundation'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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