Marvin Samson Foundation
- Assets
- $2.5m
- Revenue
- $790.8k
- Investments
- $2.5m
- Employees
- 0
- Location
- Cherry Hill, NJ
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 22-6943216
Organization Overview
Marvin Samson Foundation is located in Cherry Hill, NJ. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marvin Samson 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 12/2022, Marvin Samson Foundation generated $790.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $684.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Marvin Samson Foundation has awarded 126 individual grants totaling $3,917,225. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Samson Foundation Manager | 1 | $0 | |
Joanna Greenfield Foundation Manager | 10 | $45,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $686,690 |
| Interest on Savings | $5,652 |
| Dividends & Interest | $31,872 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,677 |
| Capital Gain Net Income | $61,390 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,908 |
| Total Revenue | $790,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,841 |
| Total operating and administrative expenses | $82,136 |
| Contributions, gifts, grants paid | $602,550 |
| Total expenses and disbursements | $684,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,386 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,546,602 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $182,621 |
| Total liabilities | $182,621 |
Grants Awarded
Over the last fiscal year, Marvin Samson Foundation has awarded $602,550 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: CHARITABLE | $25,000 |
AMERICAN RED CROSS NEW JERSEY PURPOSE: CHARITABLE | $250 |
AMERICAN CANCER SOCIETY BIKE-A-THON PURPOSE: CHARITABLE | $1,000 |
BOYS AND GIRLS CLUB OF CAMDEN COUNTY PURPOSE: CHARITABLE | $1,000 |
CHESAPEAKE BAY FOUNDATION PURPOSE: CHARITABLE | $100 |
COAST GUARD FOUNDATION PURPOSE: CHARITABLE | $50 |