Salem Five Charitable Foundation aims to build stronger, more vibrant, and prosperous communities through supporting important causes. The Foundation emphasizes the improvement of lives within these communities, focusing specifically on economic self-sufficiency, workforce development, and financial literacy to contribute positively to society's well-being.
The Salem Five Charitable Foundation's grant program operates through a Community Donations Program, which considers requests on an ongoing basis and supports approximately 500 charitable requests annually. Grants range from $50 to $10,000, usually not exceeding $1,000. The program prioritizes projects in economic self-sufficiency, workforce development, and financial literacy. It focuses on assisting low- and moderate-income individuals and families to achieve stability, secure meaningful employment, and manage financial resources effectively. The foundation works with a broad spectrum of non-profit organizations to ensure that individuals can become productive and contributing members of society, stressing the importance of job training, skill acquisition, and financial management education.