Doug & Carla Salmon Foundation Inc
- Assets
- $798.8k
- Revenue
- $326.6k
- Investments
- $284.9k
- Employees
- 0
- Location
- Appleton, WI
- Founding
- 12/2002
- Data as of
- 12/2023
- EIN
- 82-0566250
Organization Overview
Doug & Carla Salmon Foundation Inc is located in Appleton, WI. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Doug & Carla Salmon Foundation Inc 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 12/2023, Doug & Carla Salmon Foundation Inc generated $326.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $350.8k during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Doug & Carla Salmon Foundation Inc has awarded 107 individual grants totaling $2,336,272. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS AS DETERMINED BY THE BOARD OF DIRECTORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS TO VARIOUS NONPROFIT ORGANIZATIONS FOR CHARITABLE PURPOSES AND FOR SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Salmon President & Director | OfficerTrustee | 1 | $0 |
Becky Gilbert Vice President & Director | OfficerTrustee | 1 | $0 |
Sue Detienne Secretary/treasurer & Director | OfficerTrustee | 1 | $0 |
Kara Nowak Director | Trustee | 0.5 | $0 |
Bob Ellis Director | Trustee | 0.5 | $0 |
Dan Salmon Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,250 |
| Total Program Service Revenue | $0 |
| Investment income | $4,940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,416 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $326,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $267,654 |
| Grants and other assistance to domestic individuals. | $63,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,745 |
| Compensation of current officers, directors, key employees. | $2,359 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,854 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,840 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56 |
| Office expenses | $1,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $145 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $318 |
| Total functional expenses | $350,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $512,901 |
| Investments—other securities | $284,926 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $798,827 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $226,095 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $226,095 |
| Net assets without donor restrictions | $572,732 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $798,827 |
Grants Awarded
Over the last fiscal year, Doug & Carla Salmon Foundation Inc has awarded $246,830 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CAP SERVICES PURPOSE: HOUSING & SHELTER | $10,000 |
FEEDING AMERICA EASTERN WISCONSIN - FOX VALLEY PURPOSE: FOOD, AGRICULTURE & NUTRITION | $7,500 |
COMMUNITY FOUNDATION FOR THE FOX VALLEY REGION PURPOSE: PHILANTHROPY, VOLUNTARISM | $5,700 |
FIRST CONGREGATIONAL UCC PURPOSE: RELIGION-RELATED | $12,700 |
FOX VALLEY TECHNICAL COLLEGE - APPLETON PURPOSE: EDUCATION | $5,500 |
FRIENDS OF APPLETON LIBRARY INCORPORATED PURPOSE: EDUCATION | $48,957 |