Carol & Velma Saling Foundation
- Assets
- $11.2m
- Revenue
- $175.4k
- Investments
- $11.2m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 93-1260713
Organization Overview
Carol & Velma Saling Foundation is located in Portland, OR. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Carol & Velma Saling Foundation 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, Carol & Velma Saling Foundation generated $175.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $584.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Carol & Velma Saling Foundation has awarded 125 individual grants totaling $2,794,637. 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 |
|---|---|---|---|
Tim Nay Chairman | 1 | $0 | |
Adaire R Miller Secretary | 0.5 | $0 | |
Richard Baroway Treasurer | 1 | $0 | |
Jacquelyn Appleton Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,383 |
| Dividends & Interest | $208,540 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$34,549 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $175,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,610 |
| Total operating and administrative expenses | $5,699 |
| Contributions, gifts, grants paid | $579,102 |
| Total expenses and disbursements | $584,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,158 |
| Savings and temporary cash investments | $29,181 |
| 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 | $11,194,997 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,231,336 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Carol & Velma Saling Foundation has awarded $579,102 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMBUCS PURPOSE: GENERAL OPERATION | $3,000 |
ASSOCIATION OF NORTHWEST STEELHEADERS PURPOSE: CONSERVATION AND PRESERVATION OF STEELHEAD AND TROUT AS A GAME FISH. | $21,400 |
CAMP ANGELOS PURPOSE: CAMP ANGELOS' MISSION HAS BEEN TO PROVIDE A QUALITY FACILITY FOR ALL GROUPS TO ORGANIZE, CONDUCT AND MAINTAIN A CAMP, RETREAT AND CENTER FOR EDUCATIONAL, DEVELOPMENTAL AND RECREATIONAL PURPOSES REGARDLESS OF RACE, CREED, OR CULTURE. | $24,500 |
COMMUNITY WAREHOUSE PURPOSE: THE MISSION OF THE OREGON COMMUNITY WAREHOUSE IS TO HELP LOW INCOME PEOPLE IMPROVE THE QUALTIY OF THEIR LIVES AND BECOME SELF SUFFICIENT BY PROVIDING THEM WITH DONATED BASIC HOUSEHOLD FURNISHINGS | $15,000 |
COMMUNITY VISION PURPOSE: OUR WORK IS GUIDED BY THE BELIEF THAT ALL PEOPLE, REGARDLESS OF PERCEIVED ABILITY, DESERVE THE FREEDOM TO MAKE THE BASIC CHOICES THAT DEFINE THEIR LIVES. INDIVIDUALS LIVE IN THEIR OWN HOMES AND WE TAILOR OUR DIRECT SUPPORT AROUND THEIR UNIQUE NEEDS, ASSISTING EACH PERSON TO LIVE IN THE COMMUNITY OF THEIR CHOICE. | $25,000 |
ECOTRUST PURPOSE: TO BUILD NEW WAYS OF LIVING AND DOING BUSINESS | $15,740 |