William & Mae Salcone Trust Uw

DALLAS, TX EIN: 52-6959596

William & Mae Salcone Trust Uw is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $413K in total assets. In 2024, it awarded 1 grants totaling $20K. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$413K

+4.3% YoY

Annual Giving

$20K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+0.0% YoY

Under IRS private-foundation payout rules, William & Mae Salcone Trust Uw reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About William & Mae Salcone Trust Uw

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with William & Mae Salcone Trust Uw?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $101K (100%)

States

New Jersey

Cities

Sayreville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$412,712	$395,853	$407,144
Revenue	$43,977	$14,696	$-11,899
Expenses	$26,716	$25,848	$30,156
Qualifying Distributions	$22,343	$22,118	$24,152
Net Investment Income	$39,382	$9,638	$4,829
Distributable Amount	$23,857	$21,937	$22,549

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include March of Dimes ($20,000).

Recipient	Purpose	Amount
MARCH OF DIMES SAYREVILLE, NJ	UNRESTRICTED GENERAL	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$5,857

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William & Mae Salcone Trust Uw?

William & Mae Salcone Trust Uw is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $413K in total assets as of 2024.

How large is William & Mae Salcone Trust Uw?

As of 2024, William & Mae Salcone Trust Uw holds $413K in total assets with $44K in annual revenue. It awarded 1 grants totaling $20K in 2024.

Where does William & Mae Salcone Trust Uw operate?

William & Mae Salcone Trust Uw has awarded grants in New Jersey.

What size grants does William & Mae Salcone Trust Uw award?

In 2024, William & Mae Salcone Trust Uw awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is William & Mae Salcone Trust Uw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Mae Salcone Trust Uw reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William & Mae Salcone Trust Uw's EIN?

William & Mae Salcone Trust Uw's EIN (Employer Identification Number) is 52-6959596. IRS Form 990 filing data is available on this page for 2020–2024.