Samueli Foundation
- Assets
- $29.7m
- Revenue
- $53.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Corona Del Mar, CA
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 33-0758237
Organization Overview
Samueli Foundation is located in Corona Del Mar, CA. The organization was established in 1997. 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. Samueli 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, Samueli Foundation generated $53.1m in total revenue. All expenses for the organization totaled $25.7m during the year ending 12/2022. While expenses have increased by 103.9% per year over the past 4 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 2019, Samueli Foundation has awarded 469 individual grants totaling $33,933,238. 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 |
|---|---|---|---|
Susan Samueli President | 10 | $0 | |
Henry Samueli Vice President | 10 | $0 | |
Michael Schulman CFO | 10 | $0 | |
Lindsey Spindle Director | 40 | $493,750 | |
Wayne Jonas Executive Director | 40 | $752,425 | |
Michelle Freeman Chief Of Staff | 40 | $277,002 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Target Marketing Digital | 12/30/22 | $608,200 |
Lhko Associates Llc | 12/30/22 | $263,683 |
Reis Group | 12/30/22 | $237,751 |
Bryant Adibe | 12/30/22 | $227,500 |
Moses Miracles Ltd | 12/30/22 | $211,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,993,980 |
| Interest on Savings | $127,038 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,874 |
| Capital Gain Net Income | $52,773,225 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,122,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $493,750 |
| Other employee salaries and wages | $2,018,984 |
| Pension plans, employee benefits | $182,652 |
| Interest | $0 |
| Taxes | $701,517 |
| Depreciation | $8,615 |
| Occupancy | $73,213 |
| Travel, conferences, and meetings | $190,985 |
| Printing and publications | $0 |
| Other expenses | $544,774 |
| Total operating and administrative expenses | $6,790,102 |
| Contributions, gifts, grants paid | $18,888,994 |
| Total expenses and disbursements | $25,679,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,654,114 |
| 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 | $7,533 |
| Other assets | $13,493 |
| Total assets | $29,675,140 |
| 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 | $2,055 |
| Total liabilities | $2,055 |
Grants Awarded
Over the last fiscal year, Samueli Foundation has awarded $18,888,994 in support to 205 organizations.
| Grant Recipient | Amount |
|---|---|
ACCREDITATION COUNCIL FOR GRADUATE MEDICAL PURPOSE: HEALTH | $25,000 |
ACTION IN COMMUNITY THROUGH SERVICE OF PRINCE WILLIAM INC PURPOSE: SOCIAL SERVICES | $5,000 |
AIEF (AMER ISRAEL EDU FOUNDATION) PURPOSE: RELIGIOUS | $25,000 |
AIRBNBORG PURPOSE: SOCIAL SERVICES | $25,000 |
ALL WITHIN MY HANDS FOUNDATION PURPOSE: SOCIAL SERVICES | $50,000 |
ALLIANCE FOR A JUST SOCIETY PURPOSE: SOCIAL SERVICES | $100,000 |