Samir And Grace Tuma Foundation
- Assets
- $487.6k
- Revenue
- $137.9k
- Investments
- $373.4k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 47-2654347
Organization Overview
Samir And Grace Tuma Foundation is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (H44) the organization is classified as: Kidney Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samir And Grace Tuma 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 12/2023, Samir And Grace Tuma Foundation generated $137.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $52.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Samir And Grace Tuma Foundation has awarded 91 individual grants totaling $136,805. 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 |
|---|---|---|---|
Samir Tuma Director | 1 | $0 | |
Grace Tuma Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,656 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $8,470 |
| Contributions, gifts, grants paid | $44,250 |
| Total expenses and disbursements | $52,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,236 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $373,370 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $487,606 |
| 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, Samir And Grace Tuma Foundation has awarded $44,250 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ANEICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: FOR OPERATIONS SUPPORT | $200 |
ARAB AMERICAN CULTURAL AND COMMUNITY CENTER PURPOSE: FOR OPERATIONS SUPPORT | $12,750 |
ARAB AMERICAN FOUNDATION PURPOSE: FOR OPERATIONS SUPPORT | $2,000 |
ARAB AMERICAN NATIONAL MUSEUM PURPOSE: FOR OPERATIONS SUPPORT | $250 |
ASSOCIATION FOR IMPROVING ART IN THE ARAB SOCIETY PURPOSE: FOR OPERATIONS SUPPORT | $2,000 |
CRUSADER FUND PURPOSE: FOR OPERATIONS SUPPORT | $1,000 |