Samuels Family Foundation Inc
- Assets
- $8.6m
- Revenue
- $748.3k
- Investments
- $7.4m
- Employees
- 0
- Location
- Highland Beach, FL
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 27-1602205
Organization Overview
Samuels Family Foundation Inc is located in Highland Beach, FL. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuels Family Foundation Inc 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, Samuels Family Foundation Inc generated $748.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $490.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Samuels Family Foundation Inc has awarded 173 individual grants totaling $2,379,216. 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 |
|---|---|---|---|
Sherri L Samuels Director/secy-Treasurer | 0.3 | $0 | |
Jeffrey K Samuels Director/vice-President | 0.3 | $0 | |
Velia Samuels-Sweet Director/president | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $783,550 |
| Interest on Savings | $16,586 |
| Dividends & Interest | $61,763 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$113,622 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $748,277 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,500 |
| Contributions, gifts, grants paid | $479,675 |
| Total expenses and disbursements | $490,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500,740 |
| Savings and temporary cash investments | $671,541 |
| 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 | $4,087,547 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,604,744 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Samuels Family Foundation Inc has awarded $479,675 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
RUTH RALES JEWISH FAMILY SERVICES PURPOSE: TO SUPPORT EXEMPT ACTIVITIES | $55,000 |
AMERICAN FIRST LEGAL PURPOSE: TO SUPPORT EXEMPT ACTIVITIES | $10,000 |
TEMPLE BETH EL OF BOCA RATON PURPOSE: TO SUPPORT EXEMPT ACTIVITIES | $59,875 |
AMERICA FIRST POLICY INSTITUTE PURPOSE: TO SUPPORT EXEMPT ACTIVITIES | $10,000 |
VESTED INTEREST IN K-9S PURPOSE: TO SUPPORT EXEMPT ACTIVITIES | $20,000 |
BOCA HELPING HANDS PURPOSE: TO SUPPORT EXEMPT ACTIVITIES | $5,000 |