Justine O & Clarence C Saelhof Foundation

The Justine O & Clarence C Saelhof Foundation is a charitable organization based in the United States. Despite initial information suggesting a connection to Providence, Rhode Island, the foundation is actually headquartered in Dallas, Texas[2][5].

History and Profile

The foundation was established in 1986 and operates under the auspices of its principal officer, Bank of America[4]. Unfortunately, the mission statement of the Justine O & Clarence C Saelhof Foundation has not been publicly disclosed on platforms like GuideStar[4].

Financial Overview

As of the recent financial year (2024), the foundation reported revenue of approximately $147,000 and expenses totaling $238,000[3]. Its total assets were valued at $4.26 million with no liabilities reported during the same period[3]. These figures indicate a significant asset base, suggesting the foundation's financial stability and capacity for charitable activities.

Activities and Grantees

While specific details about the foundation's mission or activities are not publicly available, its financial profile and structure imply involvement in granting funds to support various charitable causes. The foundation's board members and grantees are documented as of the 2023 tax year[5], although specific details about these grantees and their projects are not readily accessible.

Given the lack of publicly available information on the foundation's specific mission or projects, it is challenging to provide a comprehensive overview of its activities. However, its operational status as a nonprofit organization underscores its role in supporting charitable initiatives within the United States.