Samuel S Fels Fund
- Assets
- $53.2m
- Revenue
- $3.7m
- Investments
- $52.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/1937
- Data as of
- 12/2021
- EIN
- 23-1365325
Organization Overview
Samuel S Fels Fund is located in Philadelphia, PA. The organization was established in 1937. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Samuel S Fels Fund 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 12/2021, Samuel S Fels Fund generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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.
Since 2014, Samuel S Fels Fund has awarded 265 individual grants totaling $23,315,375. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
SEE FEDERAL FOOTNOTE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Martinez-Helfman Foundation President | 40 | $189,795 | |
Shanell Ransom Program Officer | 40 | $86,924 | |
Michelle Currica Hernandez Grants & Ops Manager | 40 | $70,453 | |
Tamer Makary Treasurer & Secretary | 1 | $6,000 | |
Pari Hashemi Magura Board Member | 2 | $5,000 | |
Dannyelle Austin Board Member | 1 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,255 |
| Dividends & Interest | $1,030,022 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,557,261 |
| Capital Gain Net Income | $3,138,343 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $79,456 |
| Total Revenue | $3,679,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $216,795 |
| Other employee salaries and wages | $187,378 |
| Pension plans, employee benefits | $69,885 |
| Interest | $0 |
| Taxes | $55,255 |
| Depreciation | $2,941 |
| Occupancy | $60,950 |
| Travel, conferences, and meetings | $20,767 |
| Printing and publications | $0 |
| Other expenses | $41,112 |
| Total operating and administrative expenses | $919,089 |
| Contributions, gifts, grants paid | $2,222,000 |
| Total expenses and disbursements | $3,141,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,380 |
| 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 | $10,538 |
| Investments—mortgage loans | $0 |
| Investments—other | $52,887,444 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $13,717 |
| Total assets | $53,175,079 |
| Accounts payable and accrued expenses | $9,692 |
| Grants payable | $1,455,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $154,651 |
| Total liabilities | $1,619,343 |
Grants Awarded
Over the last fiscal year, Samuel S Fels Fund has awarded $4,841,500 in support to 224 organizations.
| Grant Recipient | Amount |
|---|---|
MOVEMENT ALLIANCE PROJECT PURPOSE: CAPACITY BUILDING | $175,000 |
MOVEMENT ALLIANCE PROJECT PURPOSE: CAPACITY BUILDING | $150,000 |
PENNSYLVANIA VOICE PURPOSE: GENERAL SUPPORT | $100,000 |
NATIONALITIES SERVICE CENTER OF PHILADELPHIA PURPOSE: GENERAL SUPPORT | $75,000 |
HIAS PENNSYLVANIA PURPOSE: GENERAL SUPPORT | $75,000 |
HIAS PENNSYLVANIA PURPOSE: GENERAL SUPPORT | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Samuel S Fels Fund has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Jill And Mark Fishman Foundation Manalapan, FL PURPOSE: GENERAL OPERATING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |