Salser Family Foundation 122394
- Assets
- $3.0m
- Revenue
- $53.6k
- Investments
- $2.9m
- Employees
- 0
- Location
- Pacific Palisades, CA
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 33-0643309
Organization Overview
Salser Family Foundation 122394 is located in Pacific Palisades, CA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salser Family Foundation 122394 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Salser Family Foundation 122394 generated $53.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.1%) each year. All expenses for the organization totaled $157.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Salser Family Foundation 122394 has awarded 26 individual grants totaling $1,011,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Salser President & Director | 0 | $0 | |
Catherine Salser Secretary & Director | 0 | $0 | |
Winston Salser C F O & Director | 0 | $0 | |
Stephen Salser Director | 0 | $0 | |
Mark Salser Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $8,481 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,075 |
| Capital Gain Net Income | $45,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,583 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,249 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,749 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $157,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,678 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,947,836 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,964,514 |
| Accounts payable and accrued expenses | $49 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49 |
Grants Awarded
Over the last fiscal year, Salser Family Foundation 122394 has awarded $145,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
A WINDOW BETWEEN WORLDS PURPOSE: USING ART TO HELP END DOMESTIC VIOLENCE | $95,000 |
EVERGREEN MOUNTAIN BIKE ALLIANCE PURPOSE: RESOURCE PROTECTION AND RECREATIONAL ACCESS | $20,000 |
MICHIGAN STATE UNIVERSITY PURPOSE: THE QUILT INDEX PROJECT DATABASE. | $20,000 |
FRIENDS OF THE BRENTWOOD ART CENTER PURPOSE: CAPITAL CAMPAIGN IN SUPPORT OF THE NEW CAMPUS. | $10,000 |