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West Virginia · Nonprofit

Salem University Foundation Inc

Salem University Foundation Inc (West Virginia) receives grants from 3 organizations whose IRS filings report $38,596 to it, the largest being MUTSCHELKNAUS FAMILY FOUNDATION INC ($31,400). 1 of them have funded it in more than one year.

Revenue FY2025
$58k
Funders on record
3
Grants received
$39k
Net assets
$61k
1/3 repeat funderspeak grant-dependency 83%
01What it does

What Salem University Foundation Inc does

Mission

The Mission of the Salem University Foundation is to provide educational programs for the benefit of students; provide scholarships to needy students; foster education throughout the country; and engage in activities as may be necessary and proper to accomplish the forgoing objects and purpose.

As stated on its FY2025 Form 990-EZ.

Program

  1. The foundation provided $13,862 in financial aid to needy students and $5,500 in Academic and Athletic scholarships. It also provided $8,000 for classroom support.

    $317 spentof which $27,362 as grants
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $317.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($29k) Expenses 100 ($21k) Net assets 100 ($122k)2018 Revenue 937 ($276k) Expenses 243 ($50k) Net assets 284 ($348k)2019 Revenue 177 ($52k) Expenses 827 ($170k) Net assets 188 ($229k)2020 Revenue 17 ($5k) Expenses 251 ($52k) Net assets 149 ($182k)2021 Revenue 85 ($25k) Expenses 326 ($67k) Net assets 115 ($140k)2022 Revenue 51 ($15k) Expenses 221 ($46k) Net assets 90 ($110k)2023 Revenue 132 ($39k) Expenses 215 ($44k) Net assets 31 ($38k)2024 Revenue 64 ($19k) Expenses 127 ($26k) Net assets 25 ($31k)2025 Revenue 198 ($58k) Expenses 134 ($28k) Net assets 50 ($61k)
'17'18'19'20'21'22'23'24'25
Revenue (198)Expenses (134)Net assets (50)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $122k to $348k (+184%).

$122k
$348k
$229k
$182k
$140k
$110k
$38k
$31k
$61k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of Salem University Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$9k
’17
$225k
’18
−$118k
’19
−$47k
’20
−$42k
’21
−$31k
’22
−$6k
’23
−$7k
’24
$31k
’25
10
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jeffrey Stanley

Chairman of the Board

As listed on its FY2025 Form 990-EZ.

201820192020202120222023
Listed677776
Joined·+3+0+2+0+2
No longer listed·20203
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $32k.

From the IRS filings of Salem University Foundation Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Salem University Foundation Inc leans on a few funders — its largest provides 81% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

81%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2023 94% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

81% of Salem University Foundation Inc's grant income comes from West Virginia funders.

IN
PA
WV

In-state vs out-of-state, by year

’17
’23
West Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Salem University Foundation Inc runs a healthier operating margin than three-quarters of the 17,277 education nonprofits its size.

Operating margin53% · top quartile
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 17,277 education nonprofits under $100k, FY2025

Organizations like Salem University Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In West Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WV

Screen this organization

A dated, signed PDF of the compliance screen for Salem University Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Salem University Foundation Inc?
Salem University Foundation Inc (West Virginia) receives grants from 3 organizations whose IRS filings report $38,596 to it, the largest being MUTSCHELKNAUS FAMILY FOUNDATION INC ($31,400). 1 of them have funded it in more than one year.
How many funders does Salem University Foundation Inc have?
IRS filings report 3 organizations giving $38,596 in grants to Salem University Foundation Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Salem University Foundation Inc?
MUTSCHELKNAUS FAMILY FOUNDATION INC is the largest funder on record, with $31,400 in grants. The full list of funders is on this page.
How can an organization like Salem University Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Salem University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing