Civic Intelligence

Salem Foundation Pioneer Trust Company Trustee

990 • Fiscal year 2015 • EIN 93-6018523

May 01, 2014 to Apr 30, 2015 • Filed on Sep 11, 2015

Organization Profilewww.salemfoundation.org
C/O Pioneer Trust Bank PO Box 2305Salem, OR 97308

(503) 363-3136

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

0.13x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$293,726

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

66th percentile

5.5%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

99%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$22,556,699

Up $1,177,323 (+5.5%) from 2014

Net Assets

Up

$22,136,883

Up $1,426,116 (+6.9%) from 2014

Liabilities

Down

$419,816

Down $248,793 (-37%) from 2014

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin78th percentile

Revenue

Up

$3,318,238

Up $1,650,876 (+99%) from 2014

Expenses

Up

$2,684,916

Up $514,011 (+24%) from 2014

Net Income

Up

$633,322

Up $1,136,865 (+226%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $18,582,265Liabilities 2011: $1,146,686Net Assets 2011: $17,435,5792011Assets 2012: $18,308,307Liabilities 2012: $1,037,967Net Assets 2012: $17,270,3402012Assets 2013: $20,827,737Liabilities 2013: $863,477Net Assets 2013: $19,964,2602013Assets 2014: $21,379,376Liabilities 2014: $668,609Net Assets 2014: $20,710,7672014Assets 2015: $22,556,699Liabilities 2015: $419,816Net Assets 2015: $22,136,8832015Assets 2016: $22,629,493Liabilities 2016: $812,206Net Assets 2016: $21,817,2872016Assets 2017: $24,272,136Liabilities 2017: $871,233Net Assets 2017: $23,400,9032017Assets 2018: $26,278,570Liabilities 2018: $518,567Net Assets 2018: $25,760,0032018Assets 2019: $29,898,606Liabilities 2019: $535,382Net Assets 2019: $29,363,2242019Assets 2020: $29,556,546Liabilities 2020: $291,614Net Assets 2020: $29,264,9322020Assets 2021: $35,726,700Liabilities 2021: $384,070Net Assets 2021: $35,342,6302021Assets 2022: $34,628,460Liabilities 2022: $304,118Net Assets 2022: $34,324,3422022Assets 2023: $34,545,619Liabilities 2023: $227,710Net Assets 2023: $34,317,9092023Assets 2024: $39,558,682Liabilities 2024: $786,275Net Assets 2024: $38,772,4072024Assets 2025: $37,574,532Liabilities 2025: $279,472Net Assets 2025: $37,295,0602025

Highlighted filing

2015

Assets$22,556,699
Liabilities$419,816
Net Assets$22,136,883
Open 2015 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,485,8602011Expenses 2012: $1,244,7622012Expenses 2013: $1,290,4182013Revenue 2014: $1,667,362Expenses 2014: $2,170,905Net Income 2014: -$503,5432014Revenue 2015: $3,318,238Expenses 2015: $2,684,916Net Income 2015: $633,3222015Revenue 2016: $3,188,252Expenses 2016: $3,599,686Net Income 2016: -$411,4342016Revenue 2017: $2,614,919Expenses 2017: $1,818,561Net Income 2017: $796,3582017Revenue 2018: $3,200,819Expenses 2018: $1,860,786Net Income 2018: $1,340,0332018Revenue 2019: $4,649,677Expenses 2019: $2,631,102Net Income 2019: $2,018,5752019Revenue 2020: $2,231,073Expenses 2020: $2,819,958Net Income 2020: -$588,8852020Revenue 2021: $4,306,114Expenses 2021: $3,557,683Net Income 2021: $748,4312021Revenue 2022: $4,735,987Expenses 2022: $4,442,641Net Income 2022: $293,3462022Revenue 2023: $3,345,668Expenses 2023: $4,118,990Net Income 2023: -$773,3222023Revenue 2024: $10,372,711Expenses 2024: $6,613,071Net Income 2024: $3,759,6402024Revenue 2025: $9,539,251Expenses 2025: $11,381,995Net Income 2025: -$1,842,7442025

Highlighted filing

2015

Revenue$3,318,238
Expenses$2,684,916
Net Income$633,322
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Sep 11, 2015
Return Version
2014v5.0
Gross Receipts
$5,076,991
Mission and Program Overview

Mission

The salem foundation exists for the purpose of receiving, safeguarding, and disbursing funds for charitable purposes in the vicinity of salem, oregon. More than 70 charitable organizations and 18 college students benefited during the current fiscal year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$15,633,401$16,605,614▲ $972,213
Land, Buildings, and Equipment, Net$3,838,840$3,947,556▲ $108,716
Savings and Temporary Cash Investments$1,545,733$1,833,770▲ $288,037
Pledges and Grants Receivable$220,000$0▼ $220,000
Other Notes and Loans Receivable, Net$96,068$120,921▲ $24,853
Investments in Publicly Traded Securities$24,608$24,459▼ $149
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$21,379,376$22,556,699▲ $1,177,323
Other Assets Total$20,726$24,379▲ $3,653
Liabilities
Grants Payable$640,377$393,733▼ $246,644
Other Liabilities$28,232$26,083▼ $2,149
Total Liabilities$668,609$419,816▼ $248,793
Net Assets / Fund Balance
Unrestricted Net Assets$13,383,959$14,449,286▲ $1,065,327
Temporarily Rstr Net Assets$5,245,487$5,862,383▲ $616,896
Permanently Rstr Net Assets$2,081,321$1,825,214▼ $256,107
Total Net Assets Fund Balance$20,710,767$22,136,883▲ $1,426,116
Total Liabilities and Net Assets / Fund Balance$21,379,376$22,556,699▲ $1,177,323

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,310,070$1,567,572-
Land$1,237,200--
Leasehold Improvements$400,286$363,395-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,081,321$19,500▲ $162,382$27,554$2,177,175
2013$1,473,155$502,742▲ $152,937-$2,081,321
2012$1,390,905$100▲ $129,602-$1,473,155
2011$1,377,949$500▲ $61,916-$1,390,905
2010$1,371,178$1,200▲ $98,219-$1,377,949
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Pioneer Trust Bank NaTrusteeFT$293,726$293,726

Board Members and Trustees

NameTitle
Ryan CollierCmtee Chair
Jill MungerCmtee Member
Kathleen EvansCmtee Member
Martin MorrisCmtee Member
Willie RichardsonCmtee Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,485,130
Program Service Revenue
$0
Investment Income
$531,619
Other Revenue
$301,489
All Other Contributions
$2,485,130
Change in Net Assets
$633,322

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$513,992Nyse
Total Noncash Contributions2$513,992-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,098,238
Revenue Not Reported on Financial Statements
$220,000
Revenue Not Reported on Form 990
$1,395,743
Other Revenue Adjustments
$220,000
Total Revenue per Audited Statements
$4,493,981
Total Revenue per Form 990
$3,318,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,380,089
Salaries, Compensation, and Employee Benefits$293,726
Other Expenses$11,101
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,366,943--$2,366,943
Current Officers, Directors, Trustees, and Key Employees-$293,726-$293,726
Grants to Domestic Individuals$13,146--$13,146
Fees for Services Accounting-$8,750-$8,750
Other Expenses-$1,200-$1,200
Fees for Services Legal-$847-$847
Office Expenses-$304-$304
Total Functional Expenses$2,380,089$304,827$0$2,684,916

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,067,865
Expenses per Audited Statements$2,684,916
Total Expenses per Form 990$2,684,916
Expenses Not Reported on Form 990$382,949
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Catholic Community ServicesSalem, OR-General$608,049
Archbishop Francis Blanchet SchoolSalem, OR-General$300,000
Salem-keizer Education FdnSalem, OR-General$254,500
Abbey Foundation of OregonSt Benedict, OR-General$218,151
Salem Art AssociationSalem, OR-General$167,500
Liberty HouseSalem, OR-General$156,000
Salem Catholic Schools FdnSalem, OR-General$100,000
Benedictine Foundation of OregonMt Angel, OR-General$75,000
Mt Angel AbbeySt Benedict, OR-General$50,000
Union Gospel MissionSalem, OR-General$42,968
Willamette UniversitySalem, OR-General$40,000
Family Building Blocks IncSalem, OR-General$37,181
Gonzaga UniversitySpokane, WA-General$18,000
Jesuit School of TheologyBerkeley, CA-General$18,000
St Joseph Catholic ChurchSalem, OR-General$18,000
Adaptive Riding Institute IncScotts Mills, OR-General$14,200
City of SalemSalem, OR-Government Organization$12,911
Marion-polk Food ShareSalem, OR-General$12,772
Chemeketa Community College FoundationSalem, OR-General$11,576
Salem-keizer Public SchoolsSalem, OR-Government Organization$11,232
Or Student Assist CommEugene, OR-Government Organization$10,841
The Boys & Girls Club of SalemSalem, OR-General$10,181
Salem Free Medical ClinicSalem, OR-General$10,000
St Vincent De Paul SocietySalem, OR-General$10,000
Assistance League of SalemSalem, OR-General$9,600
Salem Leadership FoundSalem, OR-General$9,600
St Edward Catholic ChurchKeizer, OR-General$9,239
Saint Francis ShelterSalem, OR-General$9,000
Salem Public Library FdnSalem, OR-General$6,200
Center for Hope & SafetySalem, OR-General$5,671
Salem Hospital FoundationSalem, OR-General$5,187
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Rent and Deposits$26,083
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Distribution committee member jill munger is a minority shareholder in pioneer trust bank, n.a, which serves as trustee of the salem foundation. Jill's father, william meier, is also a minority shareholder and formerly was an executive officer and board member of pioneer trust bank, n.a. Jill's brother, kent meier, is also a minority shareholder and currently is on the board of directors of pioneer trust bank, n.a. Jill was appointed to the committee after due legal and board consideration of family and ownership relations with pioneer trust bank, n.a.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Designated officers of trustee review form 990 before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Members of the distribution committee are required to disclose any conflicts of interest and refrain from voting on grants requested by other charitable entities with which they are affiliated.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The Salem Foundation
EIN
93-6018523
Phone
5033633136
Address
C/O PIONEER TRUST BANK PO BOX 2305, SALEM, OR 97308

Signing Officer

Name
Carol E Herman
Title
Officer
Signed
2015-09-11
Discuss with paid preparer
Yes

Organization Details

Formed
1930
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Hoots Baker & Wiley Pc
Address
888 MADISON ST NE, SALEM, OR 97301
Preparer
Betty H Wiley
Phone
5035851782
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Accrued grants payable = $246644”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Promises receivable = -$220000”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The trustee invests, manages, and distributes endowment funds subject to the foundation's governing documents and the oregon uniform prudent management of institutional funds act (upmifa). The governing documents provide that up to 4% of the corpus of any one or more of the endowment funds in any one calendar year may be appropriated for distribution. The investment policy considers the needs and objectives of each fund and attempts to maximize total return consistent with an acceptable level of risk. Endowment assets are invested in a well-diversified asset mix that is intended to result in an inflation-protected rate of return that has sufficient liquidity to make an annual distribution of 4% while growing the fund if possible.”

Part X : FIN48 Footnote

“The salem foundation is a non-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Management has analyzed tax positions taken on its 2011, 2012, and 2013 tax returns, and those expected to be taken on its 2014 tax return, and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions. Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Rental expenses netted on form 990 $629593”

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Promises receivable prior year $220000”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Rental expenses netted on form 990 $629593 change in grants payable $-246644”

Raw XML AppendixShowing 400 of 795 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE SALEM FOUNDATION EXISTS FOR THE PURPOSE OF RECEIVING, SAFEGUARDING, AND DISBURSING FUNDS FOR CHARITABLE PURPOSES IN THE VICINITY OF SALEM, OREGON. MORE THAN 70 CHARITABLE ORGANIZATIONS AND 18 COLLEGE STUDENTS BENEFITED DURING THE CURRENT FISCAL YEAR.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt02485130
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PIONEER TRUST BANK NA
IRS990/BooksInCareOfDetail/PhoneNum05033633136
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0109 COMMERCIAL ST NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097301
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0293726
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0293726
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02485130
IRS990/CYGrantsAndSimilarPaidAmt02380089
IRS990/CYInvestmentIncomeAmt0531619
IRS990/CYOtherExpensesAmt011101
IRS990/CYOtherRevenueAmt0301489
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0633322
IRS990/CYSalariesCompEmpBnftPaidAmt0293726
IRS990/CYTotalExpensesAmt02684916
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03318238
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0CHARITABLE DISTRIBUTIONS WERE MADE TO 71 TAX-EXEMPT ORGANIZATIONS IN THE VICINITY OF SALEM, OREGON.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02366943
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08750
IRS990/FeesForServicesAccountingGrp/TotalAmt08750
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0847
IRS990/FeesForServicesLegalGrp/TotalAmt0847
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0RYAN COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHLEEN EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIE RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTIN MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm4JILL MUNGER
IRS990/Form990PartVIISectionAGrp/PersonNm5PIONEER TRUST BANK NA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5293726
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Cmtee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Cmtee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2CMTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CMTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CMTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01930
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0164736
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt02366943
IRS990/GrantsPayableGrp/BOYAmt0640377
IRS990/GrantsPayableGrp/EOYAmt0393733
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt013146
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt013146
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02366943
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02366943
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01293896
IRS990/GrossReceiptsAmt05076991
IRS990/GrossRentsGrp/RealAmt0928214
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0366883
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0366883
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015633401
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt016605614
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt024608
IRS990/InvestmentsPubTradedSecGrp/EOYAmt024459
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01930967
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03838840
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03947556
IRS990/LandBldgEquipCostOrOtherBssAmt05878523
IRS990/LegalDomicileStateCd0OR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01129160
IRS990/LessRentalExpensesGrp/RealAmt0629593
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE SALEM FOUNDATION EXISTS FOR THE PURPOSE OF RECEIVING, SAFEGUARDING, AND DISBURSING FUNDS FOR CHARITABLE PURPOSES IN THE VICINITY OF SALEM, OREGON. MORE THAN 70 CHARITABLE ORGANIZATIONS AND 18 COLLEGE STUDENTS BENEFITED DURING THE CURRENT FISCAL YEAR.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt020710767
IRS990/NetAssetsOrFundBalancesEOYAmt022136883
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0164736
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0164736
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0298621
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0298621
IRS990/NetUnrlzdGainsLossesInvstAmt0766150
IRS990/NoncashContributionsAmt0513992
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0304
IRS990/OfficeExpensesGrp/TotalAmt0304
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt020726
IRS990/OtherAssetsTotalGrp/EOYAmt024379
IRS990/OtherChangesInNetAssetsAmt026644
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DEPT OF JUSTICE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01200
IRS990/OtherExpensesGrp/TotalAmt01200
IRS990/OtherLiabilitiesGrp/BOYAmt028232
IRS990/OtherLiabilitiesGrp/EOYAmt026083
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02868
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02868
IRS990/OtherRevenueTotalAmt02868
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt096068
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0120921
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02081321
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01825214
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0220000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0COLLEGE SCHOLARSHIPS WERE AWARDED TO 18 STUDENTS IN THE SALEM AREA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt013146
IRS990/ProgSrvcAccomActy2Grp/GrantAmt013146
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0732083
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01843114
IRS990/PYInvestmentIncomeAmt0588195
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt010946
IRS990/PYOtherRevenueAmt0347084
IRS990/PYRevenuesLessExpensesAmt0-503543
IRS990/PYSalariesCompEmpBnftPaidAmt0316845
IRS990/PYTotalExpensesAmt02170905
IRS990/PYTotalRevenueAmt01667362
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0633322
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0298621
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02485130
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01545733
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01833770
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Prior Year Facts and Circumstances: THE SALEM FOUNDATION IS A COMMUNITY TRUST WHICH TYPICALLY ATTRACTS LARGE CONTRIBUTIONS FROM FEWER DONORS FOR THE BENEFIT OF THE SALEM, OREGON COMMUNITY. ITS GOVERNING BODY IS REPRESENTATIVE OF THE COMMUNITY; IT MAKES GRANTS AMONG OTHER SECTION 501 (C) (3) ORGANIZATIONS IN THE AREA, AND IT SOLICITS CONTRIBUTIONS AS IS APPROPRIATE TO ITS STANDING IN THE COMMUNITY BY WORD OF MOUTH, PAMPHLETS, AND OCCASIONAL PUBLICITY. THE SALEM FOUNDATION ENGAGES IN FUND RAISING BY MAKING LOCAL BANKS, LAWYERS, AND OTHER PROFESSIONALS IN THE COMMUNITY AWARE OF ITS CHARITABLE PURPOSES IN AND AROUND SALEM. AS IS TYPICAL OF A COMMUNITY TRUST, THE SALEM FOUNDATION MEETS THE 10% FACTS AND CIRCUMSTANCES PUBLIC SUPPORT TEST.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02032092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0732083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02272523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0218973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01239624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06495295
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01300607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01326080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01330839
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01306229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01252587
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06516342
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.16510
IRS990ScheduleA/PublicSupportPY170Pct00.12320
IRS990ScheduleA/PublicSupportTotal170Amt02148601
IRS990ScheduleA/SubstantialContributorsTotAmt04346694
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02032092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0732083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02272523
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0218973
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01239624
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06495295
IRS990ScheduleA/TotalSupportAmt013011637
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02310070
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01567572
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03877642
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt028965
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02081321
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt019500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02177175
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt029509
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0162382
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt027554
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt023151
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01473155
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0502742
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02081321
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt024362
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0152937
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt020217
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01390905
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01473155
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt027235
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0129602
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt019388
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01377949
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01390905
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt030072
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt061916
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt062879
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01371178
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01377949
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt029769
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt098219
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt01181030
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0877259
IRS990ScheduleD/DonorAdvisedFundsHeldCnt08
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt010314049
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0382949
IRS990ScheduleD/ExpensesSubtotalAmt02684916
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01237200
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01237200
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0400286
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0363395
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0763681
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0766150
IRS990ScheduleD/OtherExpensesIncludedAmt0382949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT AND DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0629593
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0220000
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt01395743
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0220000
IRS990ScheduleD/RevenueSubtotalAmt03098238
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE INVESTS, MANAGES, AND DISTRIBUTES ENDOWMENT FUNDS SUBJECT TO THE FOUNDATION'S GOVERNING DOCUMENTS AND THE OREGON UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA). THE GOVERNING DOCUMENTS PROVIDE THAT UP TO 4% OF THE CORPUS OF ANY ONE OR MORE OF THE ENDOWMENT FUNDS IN ANY ONE CALENDAR YEAR MAY BE APPROPRIATED FOR DISTRIBUTION. THE INVESTMENT POLICY CONSIDERS THE NEEDS AND OBJECTIVES OF EACH FUND AND ATTEMPTS TO MAXIMIZE TOTAL RETURN CONSISTENT WITH AN ACCEPTABLE LEVEL OF RISK. ENDOWMENT ASSETS ARE INVESTED IN A WELL-DIVERSIFIED ASSET MIX THAT IS INTENDED TO RESULT IN AN INFLATION-PROTECTED RATE OF RETURN THAT HAS SUFFICIENT LIQUIDITY TO MAKE AN ANNUAL DISTRIBUTION OF 4% WHILE GROWING THE FUND IF POSSIBLE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SALEM FOUNDATION IS A NON-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN ON ITS 2011, 2012, AND 2013 TAX RETURNS, AND THOSE EXPECTED TO BE TAKEN ON ITS 2014 TAX RETURN, AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES NETTED ON FORM 990 $629593
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3PROMISES RECEIVABLE PRIOR YEAR $220000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RENTAL EXPENSES NETTED ON FORM 990 $629593 CHANGE IN GRANTS PAYABLE $-246644
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03947556
IRS990ScheduleD/TotalBookValueSecuritiesAmt016605614
IRS990ScheduleD/TotalExpensesPerForm990Amt02684916
IRS990ScheduleD/TotalLiabilityAmt026083
IRS990ScheduleD/TotalRevenuePerForm990Amt03318238
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04493981

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,556,699
Liabilities
$419,816
Net assets
$22,136,883
Revenue
$3,318,238
Expenses
$2,684,916
Net income
$633,322
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$0.28$37.3$9.54$11.4$1.84
2024Detailed filing. Detailed filing data is available for this year.$39.6$0.79$38.8$10.4$6.61$3.76
2023Detailed filing. Detailed filing data is available for this year.$34.5$0.23$34.3$3.35$4.12$0.77
2022Detailed filing. Detailed filing data is available for this year.$34.6$0.30$34.3$4.74$4.44$0.29
2021Detailed filing. Detailed filing data is available for this year.$35.7$0.38$35.3$4.31$3.56$0.75
2020Detailed filing. Detailed filing data is available for this year.$29.6$0.29$29.3$2.23$2.82$0.59
2019Detailed filing. Detailed filing data is available for this year.$29.9$0.54$29.4$4.65$2.63$2.02
2018Detailed filing. Detailed filing data is available for this year.$26.3$0.52$25.8$3.20$1.86$1.34
2017Detailed filing. Detailed filing data is available for this year.$24.3$0.87$23.4$2.61$1.82$0.80
2016Detailed filing. Detailed filing data is available for this year.$22.6$0.81$21.8$3.19$3.60$0.41
2015Detailed filing. Detailed filing data is available for this year.$22.6$0.42$22.1$3.32$2.68$0.63
2014Detailed filing. Detailed filing data is available for this year.$21.4$0.67$20.7$1.67$2.17$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$0.86$20.0$1.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$1.04$17.3$1.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$1.15$17.4$2.49