Samerian Foundation Inc
- Assets
- $0.0
- Revenue
- $8.7m
- Investments
- $60.0m
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 37-1439047
Organization Overview
Samerian Foundation Inc is located in Carmel, IN. The organization was established in 2004. 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. Samerian 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 12/2021, Samerian Foundation Inc generated $8.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Samerian Foundation Inc has awarded 113 individual grants totaling $14,428,375. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Simon Skjodt Chairman | 4 | $0 | |
Paul Skjodt President | 2 | $0 | |
Fonda Crandall Director | 4 | $0 | |
Betsy Niedermeyer Chief Operating Officer | 20 | $46,763 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stifel Nicolaus & Company Inc | 12/30/22 | $152,156 |
Hawthorn - Pnc Bank | 12/30/22 | $128,836 |
Jpmorgan Chase Bank Na | 12/30/22 | $78,485 |
Marcum Family Office Services Llc | 12/30/22 | $63,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,970,506 |
| Interest on Savings | $624 |
| Dividends & Interest | $1,176,083 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,778 |
| Total Revenue | $8,669,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,285 |
| Pension plans, employee benefits | $10,238 |
| Depreciation | $5,028 |
| Occupancy | $10,175 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $617,509 |
| Contributions, gifts, grants paid | $4,694,278 |
| Total expenses and disbursements | $5,311,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,567,719 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Samerian Foundation Inc has awarded $4,938,097 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
500 FESTIVAL FOUNDATION PURPOSE: GENERAL FUND | $100,000 |
AMERICAN CANCER SOCIETY PURPOSE: 2021 GRANT RESENT - NOT RECEIVED IN 2021 | $15,000 |
AMERICAN RED CROSS PURPOSE: GENERAL FUND | $10,000 |
ASCENT 121 PURPOSE: GRANT PAYMENT | $5,000 |
CANCER SUPPORT COMMUNITY PURPOSE: 2022 LAUGHING MATTERS | $25,000 |
CANCER SUPPORT COMMUNITY PURPOSE: 2021 LAUGHING MATTERS | $5,000 |