SALEM FIVE CHARITABLE FOUNDATION INC

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Cite this

Plain text SALEM FIVE CHARITABLE FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2020–2025. https://furp.org/org/salem-five-charitable-foundation-inc-043342405. Retrieved 2026-11-07.

APA furp.org. (n.d.). SALEM FIVE CHARITABLE FOUNDATION INC [Nonprofit organization profile; tax years 2020–2025]. Retrieved November 7, 2026, from https://furp.org/org/salem-five-charitable-foundation-inc-043342405

MLA “SALEM FIVE CHARITABLE FOUNDATION INC.” furp.org, tax years 2020–2025, https://furp.org/org/salem-five-charitable-foundation-inc-043342405. Accessed 7 Nov. 2026.

Retrieved 2026-11-07; covers tax years 2020–2025. Data: furp.org (index © the FURP Alliance; the records are public domain).

2025 · Form 990PF · revenue $2.4M · expenses $1.2M · assets $16.5M

EIN
04-3342405
Address
210 ESSEX ST, SALEM, MA 01970-3705
NTEE code
T22 Private Independent Foundations (Philanthropy, Voluntarism and Grantmaking Foundations) published (IRS Business Master File, as T22Z)
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
June 1997 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 9 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

9 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Ping Yin Chai PRESIDENT2020-2025 1 $0 reported 2
Brian W Shaughnessy CLERK/TREASURER2020-2025 1 $0 reported 1
Daniel E Clasby DIRECTOR2022-2025 1 $0 reported 2
Catherine L Oatway DIRECTOR2022-2025 1 $0 reported 1
Joseph M Gibbons DIRECTOR2022-2025 1 $0 reported 2
Peter C Gourdeau DIRECTOR2023-2025 1 $0 reported 1
Donald A Sadoski Dmd DIRECTOR2020-2025 1 $0 reported 1
Donald A Sadoski D M D (former) DIRECTOR2024 1 $0 reported 1
William H Mitchelson (former) DIRECTOR/CHAIRMAN OF BOARD2020-2021 1 $0 reported 2

People by year

2025 · 7 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PING YIN CHAI PRESIDENT1 $0-$0 $02
DONALD A SADOSKI DMD DIRECTOR1 $0-$0 $01
BRIAN W SHAUGHNESSY CLERK/TREASURER1 $0-$0 $01
DANIEL E CLASBY DIRECTOR1 $0-$0 $02
CATHERINE L OATWAY DIRECTOR1 $0-$0 $01
JOSEPH M GIBBONS DIRECTOR1 $0-$0 $02
PETER C GOURDEAU DIRECTOR1 $0-$0 $01
2024 · 7 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PING YIN CHAI PRESIDENT1 $0-$0 $02
DONALD A SADOSKI D M D DIRECTOR1 $0-$0 $01
Brian W Shaughnessy CLERK/TREASURER1 $0-$0 $01
daniel e clasby DIRECTOR1 $0-$0 $02
catherine l oatway DIRECTOR1 $0-$0 $01
joseph m gibbons DIRECTOR1 $0-$0 $02
Peter C Gourdeau Director1 $0-$0 $01
2023 · 7 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PING YIN CHAI PRESIDENT1 $0-$0 $02
DONALD A SADOSKI DMD DIRECTOR1 $0-$0 $01
BRIAN W SHAUGHNESSY CLERK/TREASURER1 $0-$0 $01
DANIEL E CLASBY DIRECTOR1 $0-$0 $02
CATHERINE L OATWAY DIRECTOR1 $0-$0 $01
JOSEPH M GIBBONS DIRECTOR1 $0-$0 $02
PETER C GOURDEAU DIRECTOR1 $0-$0 $01
2022 · 6 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PING YIN CHAI PRESIDENT1 $0-$0 $02
DONALD A SADOSKI DMD DIRECTOR1 $0-$0 $01
BRIAN W SHAUGHNESSY CLERK/TREASURER1 $0-$0 $01
DANIEL E CLASBY DIRECTOR1 $0-$0 $02
CATHERINE L OATWAY DIRECTOR1 $0-$0 $01
JOSEPH M GIBBONS DIRECTOR1 $0-$0 $02
2021 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H MITCHELSON DIRECTOR/CHAIRMAN OF BOARD1 $0-$0 $02
PING YIN CHAI PRESIDENT1 $0-$0 $02
DONALD A SADOSKI DMD DIRECTOR1 $0-$0 $01
BRIAN W SHAUGHNESSY CLERK/TREASURER1 $0-$0 $01
2020 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H MITCHELSON DIRECTOR/CHAIRMAN OF BOARD1 $0-$0 $02
PING YIN CHAI PRESIDENT1 $0-$0 $02
DONALD A SADOSKI DMD DIRECTOR1 $0-$0 $01
BRIAN W SHAUGHNESSY CLERK/TREASURER1 $0-$0 $01

Highest-paid independent contractors

2025 · 1 contractor · $85K
NameLocationServicePaid
CERITY PARTNERS LLCBOSTON, MAINVESTMENT FEE$85,153
2024 · 1 contractor · $96K
NameLocationServicePaid
Prio Wealth Limited PartnershipBOSTON, MAINVESTMENT FEE$96,343
2023 · 1 contractor · $69K
NameLocationServicePaid
PRIO WEALTH LIMITED PARTNERSHIPBOSTON, MAINVESTMENT FEE$68,623
2022 · 1 contractor · $57K
NameLocationServicePaid
PRIO WEALTH LIMITED PARTNERSHIPBOSTON, MAINVESTMENT FEE$56,712
2021 · 1 contractor · $61K
NameLocationServicePaid
PRIO WEALTH LIMITED PARTNERSHIPBOSTON, MAINVESTMENT FEE$61,164

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2025 · 337 grants to organizations · $1.1M
2024 · 1 grant to organizations · $974K
2023 · 281 grants to organizations · $584K · 6 returned · -$4K
2022 · 269 grants to organizations · $534K
2021 · 260 grants to organizations · $475K · 1 returned · -$250
2020 · 249 grants to organizations · $373K · 7 returned · -$2K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2025 · 1 contributor · $63K
#ContributorTypeCity, stateTotalNoncashSource
1 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $62,950- Form 990PF Sch. B, 2025 · filing
2024 · 1 contributor · $72K
#ContributorTypeCity, stateTotalNoncashSource
1 Salem Five Cents Savings Bank Person Salem, MA $72,100- Form 990PF Sch. B, 2024 · filing
2023 · 1 contributor · $2.7M
#ContributorTypeCity, stateTotalNoncashSource
1 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $2,701,256$2,591,256 Form 990PF Sch. B, 2023 · filing
2020 · 15 contributors · $2.0M
#ContributorTypeCity, stateTotalNoncashSource
3 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $633,475$633,475 Form 990PF Sch. B, 2020 · filing
2 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $214,621$214,621 Form 990PF Sch. B, 2020 · filing
1 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $154,568$154,568 Form 990PF Sch. B, 2020 · filing
14 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $144,636$144,636 Form 990PF Sch. B, 2020 · filing
13 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $140,491$140,491 Form 990PF Sch. B, 2020 · filing
10 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $119,404$119,404 Form 990PF Sch. B, 2020 · filing
11 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $95,717$95,717 Form 990PF Sch. B, 2020 · filing
12 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $94,863$94,863 Form 990PF Sch. B, 2020 · filing
4 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $91,083$91,083 Form 990PF Sch. B, 2020 · filing
8 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $86,960$86,960 Form 990PF Sch. B, 2020 · filing
5 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $67,459$67,459 Form 990PF Sch. B, 2020 · filing
7 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $57,353$57,353 Form 990PF Sch. B, 2020 · filing
6 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $53,251$53,251 Form 990PF Sch. B, 2020 · filing
9 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $30,391$30,391 Form 990PF Sch. B, 2020 · filing
15 SALEM FIVE CENTS SAVINGS BANK Fuzzy 0.69 Organization or other SALEM, MA $28,810$28,810 Form 990PF Sch. B, 2020 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990PF period ending 2025-12-31 · view filing · original 990 ↗
$2,364,651$1,178,762 $16,450,912$16,450,912 $65,450- $0--
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$1,401,252$1,120,808 $15,265,023$15,265,023 $72,100- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$3,917,754$653,700 $14,984,579$14,984,579 $2,701,256- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$534,111$607,943 $11,720,525$11,720,525 $2,450- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$1,186,248$557,127 $11,794,357$11,794,357 $1,900- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$2,259,141$438,522 $11,165,236$11,165,236 $2,013,082- $0--

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

1 grantor reported grants to this organization, $5,000 in all, tax years 2022 to 2022. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTotal givenGrantsLatest year's amountLatest yearYears givenTypeMatchGrants
COMMODORE BUILDERS CHARITABLE FOUNDATION INC $5,0001 $5,0002022 2022 Private foundation Fuzzy filed as “SALEM FIVE CHARITABLE FOUNDATION INC”
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Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
MAZAR CHARITABLE FOUNDATION FUNDMAT22 $2,528,171$652,128 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state, similar name
VBS FOUNDATION INCMAT22 $2,739,744$704,801 DIRECTOR$0 Same NTEE code T22, revenue within 2x, same state
PAUL AND JOANNE EGERMAN FAMILY CHARITABLE FOUNDATIONMAT22 $2,660,874$1,201,789 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
RABE FAMILY FOUNDATION INCMAT22 $3,052,398$284,509 PRESIDENT & SECRETARY$0 Same NTEE code T22, revenue within 2x, same state
BONNEY FAMILY FOUNDATION INCMAT22 $2,094,570$4,637,869 PRESIDENT$0 Same NTEE code T22, revenue within 2x, same state
LEERINK FAMILY FOUNDATION INCMAT22 $2,022,614$255,627 VICE PRESIDENT$30,647 Same NTEE code T22, revenue within 2x, same state
THE CHIRAG FOUNDATIONMAT22 $2,058,558$650,149 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
SIBBRI FOUNDATIONMAT22 $2,335,163$1,766,664 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
ALVARIUM FOUNDATIONMAT22 $2,250,976$1,444,712 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
ANNIKA FOUNDATIONMAT22 $2,615,745$2,006,478 PRESIDENT & CEO$377,509 Same NTEE code T22, revenue within 2x, same state
COGAN FAMILY FOUNDATION TRMAT22 $2,553,232$1,771,556 Trustee$0 Same NTEE code T22, revenue within 2x, same state
TEAL POND FOUNDATIONMAT22 $2,448,922$336,281 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
LURIE FAMILY FOUNDATIONMAT22 $2,660,063$1,817,531 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
H ERIC CUSHING FOUNDATION TRMAT22 $1,986,567$342,110 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
ALPERIN FAMILY FOUNDATIONMAT22 $2,551,395$12,754 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
THE OWENS FAMILY FOUNDATIONMAT22 $2,564,124$2,218,924 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
R3 NAVANI FAMILY FOUNDATIONMAT22 $1,985,153$0 Trustee$0 Same NTEE code T22, revenue within 2x, same state
JOSHUA ROSENTHAL CHARITABLE TRUSTMAT22 $2,500,098$1,105,147 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
MELAMPY-LAWRENCE CHARITABLE TRUSTMAT22 $2,149,155$1,491,508 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
STEPHANIE H AND DAVID A SPINA FAMILY FOUNDATIONMAT22 $3,000,417$2,036,453 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
VANDY CHARITABLE FOUNDATION INCSCT22 $1,968,584$731,089 DIRECTOR$150,000 Same NTEE code T22, revenue within 2x, similar name
K2 CHARITABLE FOUNDATIONIAT22 $2,800,497$2,228,958 PRESIDENT$0 Same NTEE code T22, revenue within 2x, similar name
HARTE CHARITABLE FOUNDATIONTXT22 $2,840,577$4,423,800 TRS,SEC,DIR$0 Same NTEE code T22, revenue within 2x, similar name
SPARROW CHARITABLE FOUNDATIONTXT22 $2,852,161$2,930,420 DIRECTOR$0 Same NTEE code T22, revenue within 2x, similar name
MAHER CHARITABLE FOUNDATIONNJT22 $2,629,745$2,922,755 Executive Director$350,647 Same NTEE code T22, revenue within 2x, similar name

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTotal givenGrantsOrganizations fundedTypeYearsWhich ones
DONOR ADVISED CHARITABLE GIVING $2,220,5004 2DAF sponsor2016–2024 ROGER FEDERER CHARITABLE FUND INC; ANNIKA FOUNDATION
MCKINNON FAMILY FOUNDATION $796,5007 1Private foundation2019–2025 ROGER FEDERER CHARITABLE FUND INC
FRED B LUDDY FAMILY FOUNDATION INC $370,0003 1Private foundation2019–2024 ROGER FEDERER CHARITABLE FUND INC
GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION $245,0302 1Private foundation2018–2020 ROGER FEDERER CHARITABLE FUND INC
NATIONAL PHILANTHROPIC TR $195,0004 2DAF sponsor2018–2022 ROGER FEDERER CHARITABLE FUND INC; ANNIKA FOUNDATION
THE BLACKBAUD GIVING FUND $151,1223 1DAF sponsor2022–2025 ANNIKA FOUNDATION
DENNIS R WASHINGTON FOUNDATION INC $100,0001 1Private foundation2017–2017 ROGER FEDERER CHARITABLE FUND INC
JOHN & AMY GRIFFIN FOUNDATION INC $75,0002 1Private foundation2017–2021 ROGER FEDERER CHARITABLE FUND INC
GOLDMAN SACHS CHARITABLE GIFT FUND $75,0001 1DAF sponsor2024–2024 ROGER FEDERER CHARITABLE FUND INC
SUB-ZERO WOLF FOUNDATION INC $50,0001 1Private foundation2022–2022 ANNIKA FOUNDATION
TROTT FAMILY PHILANTHROPIES INC $50,0001 1Private foundation2023–2023 ROGER FEDERER CHARITABLE FUND INC
THOMAS E RILEY CHARITABLE TR $40,0253 1Private foundation2025–2025 ANNIKA FOUNDATION
VANGUARD CHARITABLE ENDOWMENT PROGRAM $34,5003 1DAF sponsor2022–2024 ANNIKA FOUNDATION
THE BESSEMER GIVING FUND $25,0001 1DAF sponsor2023–2023 ROGER FEDERER CHARITABLE FUND INC
RENKER FAMILY FOUNDATION $25,0001 1Private foundation2019–2019 ROGER FEDERER CHARITABLE FUND INC

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990PF · $1,178,762 spent · pay $0 · grants $1,077,366 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $1,077,366 91.4%
Fees: other professional $85,153 7.2%
Taxes $13,200 1.1%
Fees: accounting $2,950 0.3%
Other expenses $93 0.0%
Total$1,178,762100%

View the filing

2024 · Form 990PF · $1,120,808 spent · pay $0 · grants $974,342 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $974,342 86.9%
Fees: other professional $100,239 8.9%
Taxes $43,223 3.9%
Fees: accounting $2,100 0.2%
Other expenses $904 0.1%
Total$1,120,808100%

View the filing

2023 · Form 990PF · $653,700 spent · pay $0 · grants $580,223 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $580,223 88.8%
Fees: other professional $71,407 10.9%
Fees: accounting $2,000 0.3%
Other expenses $70 0.0%
Total$653,700100%

View the filing

2022 · Form 990PF · $607,943 spent · pay $0 · grants $534,276 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $534,276 87.9%
Fees: other professional $59,447 9.8%
Taxes $12,200 2.0%
Fees: accounting $1,950 0.3%
Other expenses $70 0.0%
Total$607,943100%

View the filing

2021 · Form 990PF · $557,127 spent · pay $0 · grants $475,045 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $475,045 85.3%
Fees: other professional $61,164 11.0%
Taxes $18,500 3.3%
Fees: accounting $1,900 0.3%
Other expenses $518 0.1%
Total$557,127100%

View the filing

2020 · Form 990PF · $438,522 spent · pay $0 · grants $371,495 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $371,495 84.7%
Fees: other professional $45,727 10.4%
Taxes $17,000 3.9%
Fees: accounting $3,800 0.9%
Other expenses $500 0.1%
Total$438,522100%

View the filing

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