Sams Foundation
- Assets
- $40.2m
- Revenue
- $99.9m
- Investments
- $0.0
- Employees
- 31
- Location
- Washington, DC
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 16-1717058
Organization Overview
Sams Foundation is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2023, Sams Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sams Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sams Foundation generated $99.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $85.3m during the year ending 12/2023. While expenses have increased by 17.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL RELIEF ORGANIZATION WORKING ON THE FRONT LINES OF CRISIS IN SYRIA & BEYOND. THE SYRIAN AMERICAN MEDICAL SOCIETY (SAMS) FOUNDATION IS A GLOBAL MEDICAL RELIEF ORGANIZATION THAT IS WORKING ON THE FRONT LINES OF CRISIS RELIEF IN SYRIA, IN NEIGHBORING COUNTRIES, AND BEYOND TO SAVE LIVES AND ALLEVIATE SUFFERING. SAMS PROUDLY PROVIDES MEDICAL CARE AND TREATMENT TO EVERY PATIENT IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL RELIEF PROGRAMS: THE FOUNDATION ORGANIZES AND FACILITATES MEDICAL MISSIONS TO ALLOW PHYSICIANS, SAMS MEMBERS, MEDICAL STUDENTS, AND VOLUNTEERS TO PARTICIPATE IN MEDICAL AND SURGICAL MISSIONS THROUGHOUT THE YEAR. MEDICAL PROFESSIONALS TRAVEL TO THE REGION TO SUPPORT ONGOING MEDICAL RELIEF PROGRAMS AND PROVIDE HEALTHCARE TO SYRIANS LIVING IN REFUGEE CAMPS AND IN URBAN AREAS ACROSS JORDAN, LEBANON, IRAQ, TURKEY, AND GREECE.THE FOUNDATION CONTINUED TO PROVIDE PRIMARY AND SPECIALIZED CARE IN SEVEN COUNTRIES, WITH MAJOR OPERATIONS IN SYRIA, TURKEY, LEBANON, AND JORDAN. IN 2023, SAMS PROVIDED OVER 3.4 MILLION MEDICAL SERVICES TO THOSE IN ACUTE NEED, WITH AN AVERAGE COST OF $12 PER SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Basel Termanini Chair | OfficerTrustee | 5 | $0 |
Dr Ammar Ghanem Vice Chair | OfficerTrustee | 5 | $0 |
Dr Samir Alkhudairy Treasurer | OfficerTrustee | 5 | $0 |
Dr Abdulfattah Elshaar Secretary | OfficerTrustee | 5 | $0 |
Dr Amjad Rass Past Chair | Trustee | 5 | $0 |
Dr Mufaddal Hamadeh Society President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,952,403 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,414,797 |
| Noncash contributions included in lines 1a–1f | $37,897,669 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,367,200 |
| Total Program Service Revenue | $0 |
| Investment income | $30,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,934 |
| Net Income from Fundraising Events | $524,828 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $99,929,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,045,541 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $489,475 |
| Compensation of current officers, directors, key employees. | $159,253 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,725,237 |
| Pension plan accruals and contributions | $19,754 |
| Other employee benefits | $1,282,716 |
| Payroll taxes | $150,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,607 |
| Fees for services: Accounting | $61,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,621 |
| Fees for services: Other | $834,347 |
| Advertising and promotion | $103,984 |
| Office expenses | $2,452,697 |
| Information technology | $238,543 |
| Royalties | $0 |
| Occupancy | $2,490,980 |
| Travel | $1,018,986 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $239,050 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,744 |
| Insurance | $40,038 |
| All other expenses | $0 |
| Total functional expenses | $85,287,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,789,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,910,672 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $143,203 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $375,469 |
| Net Land, buildings, and equipment | $2,018,058 |
| Investments—publicly traded securities | $6,879,443 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,522 |
| Total assets | $40,204,668 |
| Accounts payable and accrued expenses | $4,069,618 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,560,005 |
| Total liabilities | $7,629,623 |
| Net assets without donor restrictions | $24,144,463 |
| Net assets with donor restrictions | $8,430,582 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,204,668 |
Grants Awarded
Over the last fiscal year, Sams Foundation has awarded $140,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SYRIAN AMERICAN MEDICAL SOCIETY PURPOSE: CONFERENCE SPONSORSHIP | $100,000 |
WOMEN FOR HUMANITY IN MICHIGAN PURPOSE: EDUCATIONAL | $40,500 |