Mission
Grants and Scholarships
Small Public Charity
JOHN P SALAMONE MEMORIAL FOUNDATION
Based in BASKING RIDGE, NJ, JOHN P SALAMONE MEMORIAL FOUNDATION operates as a Small Public Charity. The organization reported $25K in revenue, $79K in expenses, $267K in total assets for fiscal year 2025.
EIN: 020577343
BASKING RIDGE, NJ
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$25K
Total Expenses$79K
Total Assets$267K
Grant Records0
Filing Years2021–2025
Where $100 goes at John P Salamone Memorial Foundation
How John P Salamone Memorial Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.
$100
Programs
the work itself
<$1
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $100 for programs
$68
Scholarships for further education
$32
Annual Memorial Soccer Tournament
Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
President
Catherine Sauer President
Treasurer
Gregory Vassallo
Secretary
Kenneth Turnbull
Trustee
Michael Salamone
Trustee
Michelle Cataline
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $25K | $79K | $267K |
| 2024 | $15K | $88K | $321K |
| 2023 | $29K | $12K | $393K |
| 2022 | $88K | $517 | $376K |
| 2021 | $24K | $19K | $288K |
Between 2021 and 2025, reported annual revenue grew from $24K to $25K (+6%), with total assets most recently reported at $267K.
Interactive year-over-year charts and full filing details available with membership.