Sam Shine Foundation Inc
- Assets
- $121.7m
- Revenue
- -$2.4m
- Investments
- $112.1m
- Employees
- 0
- Location
- New Albany, IN
- Founding
- 11/1995
- Data as of
- 12/2022
- EIN
- 35-1961730
Organization Overview
Sam Shine Foundation Inc is located in New Albany, IN. The organization was established in 1995. 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. Sam Shine 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.
Since 2016, Sam Shine Foundation Inc has awarded 154 individual grants totaling $24,131,901. 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 |
|---|---|---|---|
Betty S Shine Director | 1 | $0 | |
John B Shine Director | 1 | $0 | |
Phillip D Beaman Director | 1 | $0 | |
Cj Jackson Executive Director | 40 | $125,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,654,262 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,014,753 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$2,360,491 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,750 |
| Other employee salaries and wages | $66,508 |
| Pension plans, employee benefits | $2,121 |
| Interest | $0 |
| Taxes | $50,000 |
| Depreciation | $9,966 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,138 |
| Printing and publications | $0 |
| Other expenses | $853,868 |
| Total operating and administrative expenses | $1,157,706 |
| Contributions, gifts, grants paid | $2,841,710 |
| Total expenses and disbursements | $3,999,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,168,027 |
| 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 | $112,095,573 |
| Net Land, buildings, and equipment | $7,420,768 |
| Other assets | $0 |
| Total assets | $121,684,368 |
| 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, Sam Shine Foundation Inc has awarded $2,841,710 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CONSERVATION LAW CENTER PURPOSE: GENERAL | $140,000 |
CENTRAL INDIANA LAND TRUST PURPOSE: GENERAL | $200,000 |
NOKUSE EDUCATION INC PURPOSE: GENERAL | $906,733 |
RIVER HERITAGE CONSERVANCY PURPOSE: GENERAL | $568,000 |
STATE OF INDIANA COOPERATIVE INVASIVES MANAGEMENT PURPOSE: GENERAL | $1,000 |
THE NATURE CONSERVANCY PURPOSE: GENERAL | $5 |