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 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

WILMINGTON, NC · 2024

GENERAL CONTRIBUTION

$1,050,000

CAPE FEAR COLLECTIVE

WILMINGTON, NC · 2024

GENERAL CONTRIBUTION

$1,000,000

CAPE FEAR COLLECTIVE

WILMINGTON, NC · 2024

GENERAL CONTRIBUTION

$125,000

WILLIAMS YMCA OF AVERY COUNTY

LINVILLE, NC · 2024

GENERAL CONTRIBUTION

$60,000

BEACON EDUCATION

WILMINGTON, NC · 2024

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

GENERAL CONTRIBUTION

$20,034,466 67 grants

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.

See the full picture for SALT WATER FUND

Complete financials, all 67 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports