Before you apply to Salt Water Fund
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Private Foundation
SALT WATER FUND
Based in LOUISVILLE, KY, SALT WATER FUND operates as a Private Foundation. The organization reported $1.1M in revenue, $2.6M in expenses, $8.7M in total assets for fiscal year 2024. Imperigo tracks 67 reported grants from this foundation totaling approximately $20.0M.
EIN: 810698838
LOUISVILLE, KY
Private Independent Foundations
NTEE: T22
Latest filing: 2024
Total Revenue$1.1M
Total Expenses$2.6M
Total Assets$8.7M
Grants Given67
Grant Total$20.0M
Filing Years2020–2024
Sample Grants Given
BOYS AND GIRLS CLUBS OF SOUTHEASTERN NORTH CAROLINA
GENERAL CONTRIBUTION
$1,050,000
CAPE FEAR COLLECTIVE
GENERAL CONTRIBUTION
$1,000,000
CAPE FEAR COLLECTIVE
GENERAL CONTRIBUTION
$125,000
WILLIAMS YMCA OF AVERY COUNTY
GENERAL CONTRIBUTION
$60,000
BEACON EDUCATION
GENERAL CONTRIBUTION
$53,645
Showing up to 5 of 67 total records — full history available with membership.
Officers & Directors
CHAIRMAN
James S Mahan Iii
SECRETARY
Marguerite D Mahan
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.1M | $2.6M | $8.7M |
| 2023 | $257K | $1.1M | $10.5M |
| 2022 | $-449K | $4.6M | $16.4M |
| 2021 | $21.7M | $2.7M | $21.5M |
| 2020 | $-652K | $1.0M | $2.5M |
Between 2020 and 2024, reported annual revenue moved from $-652K to $1.1M, with total assets most recently reported at $8.7M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AZ, CT, GA, IL, KY, NC, and 2 other states.
AZCTGAILKYNCNYVA
Full geographic grant map with state-by-state breakdown available with membership.