2024-03-12T09:27:32-07:00 2023-04-30 832607220 Shari Kay Scoles CPA PC 350 Mission St SE Ste 201 SALEM OR 97302 990 2022-05-01 936018523 THE SALEM FOUNDATION SALE 5033633136 C/O PIONEER TRUST BANK PO BOX 2305 SALEM OR 97308 BILL DAVIS VP & SENIOR MANAGER 5034801873 2024-03-12 true WILLIAM C DAVIS XXX-XX-XXXX true Shari Kay Scoles P00230993 5033613031 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z C/O PIONEER TRUST BANK PO BOX 2305 SALEM OR 97308 6202067 false X www.salemfoundation.org X 1930 OR THE SALEM FOUNDATION EXISTS FOR THE PURPOSE OF RECEIVING, SAFEGUARDING, AND DISBURSING FUNDS FOR CHARITABLE PURPOSES IN THE VICINITY OF SALEM, OREGON. 5 5 0 5 0 2988425 1928933 0 1295645 945250 451917 471485 4735987 3345668 3929276 3625222 0 485875 460436 0 0 27490 33332 4442641 4118990 293346 -773322 34628460 34545619 304118 227710 34324342 34317909 THE SALEM FOUNDATION EXISTS FOR THE PURPOSE OF RECEIVING, SAFEGUARDING, AND DISBURSING FUNDS FOR CHARITABLE PURPOSES IN THE VICINITY OF SALEM, OREGON. false false 3551964 3551964 CHARITABLE DISTRIBUTIONS WERE MADE TO 92 TAX-EXEMPT ORGANIZATIONS. THE MAJORITY OF CONTRIBUTIONS ARE MADE TO ORGANIZATIONS IN THE VICINITY OF SALEM, OREGON. 73258 73258 COLLEGE SCHOLARSHIPS WERE AWARDED TO 32 STUDENTS IN THE SALEM AREA. 14046 MAKE MUSIC DAY EVENT 3639268 true true false false false true false false false true true true false false true false true false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false true 14 0 true 0 false false false false false false false 0 false false false false false false false X 5 5 false false false false false false false true true false false false true true true true true false false false OR X PIONEER TRUST BANK NA 5033633136 109 COMMERCIAL ST NE SALEM OR 97301 PIONEER TRUST BANK NA TRUSTEE 40.00 0.00 X 460436 0 0 BRIAN CONDELLO CMTEE MEMBER 0.25 0.00 X 0 0 0 LAURA TESLER CMTEE MEMBER 0.25 0.00 X 0 0 0 DEBRA LUSH Chairman 0.25 0.00 X 0 0 0 LOUIS-CLAUDE NGUEA-NJOH CMTEE MEMBER 0.25 0.00 X 0 0 0 TERRY HANCOCK CMTEE MEMBER 0.25 0.00 X 0 0 0 460436 1 false true false 0 1928933 4198 1928933 0 628356 628356 0 0 1093261 639652 453609 453609 453609 2533641 2216747 316894 316894 316894 0 0 0 CHANGE IN TRUST 17326 17326 MISCELLANEOUS INCOME 550 550 17876 3345668 17876 1398859 3551964 3551964 73258 73258 0 0 460436 460436 0 0 0 0 0 0 1203 1203 15550 15550 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MAKE MUSIC DAY 14046 14046 DEPT OF JUSTICE FEES 2400 2400 ADMINISTRATIVE 133 133 0 4118990 3639268 479722 0 1371028 1444693 0 463500 0 0 0 58770 22164 0 0 6226229 3261691 3091708 2964538 14222 9520 29085806 28602311 0 6000 6000 1000926 1032893 34628460 34545619 271763 192000 32355 35710 304118 227710 X 33361928 32874669 962414 1443240 34324342 34317909 34628460 34545619 -773322 206546 560343 X false true X true false X 3343460 1143836 2649823 2988425 1928933 12054477 0 0 3343460 1143836 2649823 2988425 1928933 12054477 8202131 3852346 1543773 1611900 1643487 1529736 1682097 8010993 0 0 20065470 0.19200 0.19570 X Current 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, WEBSITE AND OCCASIONAL PUBLICITY. THE SALEM FOUNDATION ENGAGES IN FUND RAISING BY MAKING RESIDENTS, 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18 46201 1562489 21425721 true true 4623935 11047 179223 45894 61560 4706751 4720428 14340 -1451 43663 65719 4623935 3428296 409985 983970 44918 56905 4720428 3339572 12730 176750 50864 49892 3428296 2622151 6000 284838 33928 240183 35965 2602913 1.00000 false false false 1237200 1237200 3264300 1962529 1301771 1724729 1299162 425567 2964538 28602311 REFUNDABLE DEPOSITS 35710 35710 4191866 206546 639652 846198 3345668 3345668 4758642 639652 639652 4118990 4118990 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 XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 RENTAL EXPENSES NETTED ON 990 $639652 Part XII, Line 2d: Other expenses and losses per audited F/S RENTAL EXPENSES NETTED ON 990 $639652 true Acres of Hope Youth Ranch 6665 Rickreall Rd Rickreall OR 97351 825147202 501 (C) (3) 152750 0 GENERAL ALS ASSOC OR AND SW WA 700 NE MULNOMAH ST STE 210 PORTLAND OR 97232 680516066 501 (C) (3) 11445 0 GENERAL ASSISTANCE LEAGUE OF SALEM 1148 COMMERCIAL ST SE SALEM OR 97302 936030372 501 (C) (3) 60000 0 GENERAL BENEDICTINE SISTERS OF MT ANG 840 SOUTH MAIN STREET MT ANGEL OR 97362 930387331 501 (C) (3) 79800 0 GENERAL CAPITAL FUTBOL CLUB 1678 LIBERTY ST SE SALEM OR 97302 931069211 501 (C) (3) 103000 0 GENERAL CASA OF MARION COUNTY PO BOX 20298 KEIZER OR 97303 810583065 501 (C) (3) 50000 0 GENERAL CATHOLIC COMMUNITY SERV FND P O BOX 20400 SALEM OR 97307 930903773 501 (C) (3) 436157 0 GENERAL CENTER FOR HOPE & SAFETY 605 CENTER STREET NE SALEM OR 97301 510141214 501 (C) (3) 202250 0 GENERAL CHEMEKETA COMMUNITY COLL FND PO BOX 14007 SALEM OR 97309 936097106 501 (C) (3) 15998 0 GENERAL CHURCH AT THE PARK 2111 Front St Ste 1-103 SALEM OR 97301 853235718 501 (C) (3) 15000 0 GENERAL CITY OF SALEM 555 LIBERTY ST SE SALEM OR 97301 936002249 501 (C) (3) 14739 0 GENERAL DAYSPRING FELLOWSHIP 1755 LOCKHAVEN DR NE KEIZER OR 97303 931076612 501 (C) (3) 6203 0 GENERAL DOERNBECHER CHILDRENS HOSP 1121 SW SALMON ST 100 PORTLAND OR 97205 930579589 501 (C) (3) 16726 0 GENERAL ENLIGHTENED THEATRICS 187 HIGH ST NE STE 209 SALEM OR 97301 462041048 501 (C) (3) 41000 0 GENERAL EQUITY SPLASH 1168 39TH AVE NE SALEM OR 97301 853720182 501 (C ) (3) 53112 0 GENERAL FAMILY BUILDING BLOCKS INC 2425 LANCASTER DR NE SALEM OR 97305 931233373 501 (C) (3) 158600 0 GENERAL FAMILY PROMISE OF MID-WILLAME 1055 EDGEWATER ST NW SALEM OR 97304 931234367 501 (C) (3) 8500 0 GENERAL FAMILY YMCA OF MARION & POLK PO BOX 110 SALEM OR 97301 930386982 501 (C) (3) 53212 0 GENERAL FLY SALEM FOUNDATION PO BOX 13885 SALEM OR 97309 814066808 501 (C) (3) 50000 0 GENERAL FOCUS ON THE FAMILY 8605 EXPLORER DR COLORADO SPRING CO 80920 953188150 501 (C) (3) 6203 0 GENERAL GILBERT HOUSE MUSEUM 116 MARION ST NE SALEM OR 97301 930948548 501 (C) (3) 75000 0 GENERAL GONZAGA UNIVERSITY 502 E BOONE SPOKANE WA 99258 910236600 501 (C) (3) 19297 0 GENERAL HIGHER ED COORDINATING COMM 3225 25TH ST SE SALEM OR 97302 371737848 501 (C) (3) 9879 0 GENERAL HOME SHARE OREGON 333 SE 2ND AVE PORTLAND OR 97214 863754694 501 (C) (3) 50000 0 GENERAL HORSES OF HOPE OREGON 2895 CLOVERDALE DR SE TURNER OR 97392 943090354 501 (C) (3) 77760 0 GENERAL INSIGHT FOR LIVING 5330 PARKWOOD BLVD FRISCO TX 75034 953392299 501 (C) (3) 6203 0 GENERAL ISAACS ROOM PO BOX 2639 SALEM OR 97308 931267455 501 (C) (3) 56000 0 GENERAL JESUIT HIGH SCHOOL 9000 SW BEAVERTON HILLSDALE H PORTLAND OR 97225 930448866 501 (C) (3) 10000 0 GENERAL MARION-POLK FOOD SHARE 1660 SALEM INDUSTRIAL DR NE SALEM OR 97301 943034161 501 (C) (3) 32000 0 GENERAL MOUNT ANGEL COMMUNITY FOUNDATION P O BOX 881 MOUNT ANGEL OR OR 97362 931205915 501 (C) (3) 40000 0 GENERAL MT ANGEL ABBEY ONE ABBEY DRIVE ST BENEDICT OR 97373 930386869 501 (C) (3) 19297 0 GENERAL OREGON GARDEN FOUNDATION PO BOX 155 SILVERTON OR 97381 931127001 501 (C) (3) 25000 0 GENERAL OREGON SPINAL CORD INJURY CON PO BOX 17516 PORTLAND OR 97217 811037564 501 (C) (3) 20000 0 GENERAL REID SAUNDERS EVANGELISTIC PO BOX 4275 SALEM OR 97302 431964291 501 (C) (3) 150000 0 GENERAL SALEM ALLIANCE CHURCH 555 GAINES ST NE SALEM OR 97301 930568432 501 (C) (3) 8860 0 GENERAL SALEM FOR REFUGEES 1400 BROADWAY ST NE SALEM OR 97301 863735350 501 (C) (3) 6500 0 GENERAL SALEM FREE CLINICS 1300 BROADWAY NE STE 104 SALEM OR 97301 203549992 501 (C) (3) 10000 0 GENERAL Salem Health Foundation PO Box 14001 SALEM OR 97309 237002687 501 (C) (3) 437201 0 GENERAL SALEM LEADERSHIP FOUND PO BOX 7384 SALEM OR 97303 931215089 501 (C) (3) 10500 0 GENERAL SALEM-KEIZER PUBLIC SCHOOLS P O BOX 12024 SALEM OR 97309 936000763 501 (C) (3) 11888 0 GENERAL SANTA CLARA UNIVERSITY 500 EL CAMINO REAL SANTA CLARA CA 95053 941156617 501 (C) (3) 19297 0 GENERAL SILVERTON HEALTH FDN PO BOX 4500 UNIT 96 SILVERTON OR 97209 930913392 501 (C) (3) 50000 0 GENERAL St Francis Shelter 1820 Berry St SE SALEM OR 97302 930943539 501 (C) (3) 348819 0 GENERAL ST VINCENT DE PAUL SOCIETY P O BOX 7864 SALEM OR 97303 930464194 501 (C) (3) 10200 0 GENERAL THE ABBEY FOUNDATION OF OR PO BOX 497 ST BENEDICT OR 97373 043703021 501 (C) (3) 240000 0 GENERAL THE BOYS & GIRLS CLUB 1395 SUMMER ST NE SALEM OR 97301 930581470 501 (C) (3) 160943 0 GENERAL THE SALVATION ARMY P O BOX 7047 SALEM OR 97303 941156347 501 (C) (3) 11212 0 GENERAL TRANSFORMATIONS BY SALEM ANGE 4742 LIBERTY RD S 555 SALEM OR 97302 853868206 501 (C) (3) 14000 0 GENERAL UNION GOSPEL MISSION P O BOX 431 SALEM OR 97308 930457267 501 (C) (3) 24914 0 GENERAL UNITED WAY OF THE MID-WILLAME 455 BLILER AVE NE SALEM OR 97301 930395586 501 (C) (3) 10000 0 GENERAL 49 1 COLLEGE SCHOLARSHIPS TO INSTITUTIONS F/B/O STUDENTS 32 73258 Grantmaker's Description of How Grants are Used THE SALEM FOUNDATION VERIFIES THAT THE RECIPIENTS OF GRANTS ARE QUALIFIED 501(C)(3) ORGANIZATIONS AND PROVIDES A LETTER OF INSTRUCTION REGARDING THE USE OF THE GRANTS. UNLESS SPECIFIED BY THE ADVISOR OF A DONOR-ADVISED FUND, NO FORMAL REPORTS ON THE USE OF GRANTS ARE REQUIRED FROM THE RECIPIENTS. false false false false false false false false false Form 990, Part VI, Section B, Line 11b DESIGNATED OFFICERS OF TRUSTEE REVIEW FORM 990 BEFORE FILING. Form 990, Part VI, Section B, Line 12c 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, Section C, Line 19 UPON REQUEST.