Good Samaritan Foundation Of Texas Inc
- Assets
- $971.9k
- Revenue
- $647.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Houston, TX
- Founding
- 06/1952
- Data as of
- 12/2021
- EIN
- 74-1235398
Organization Overview
Good Samaritan Foundation Of Texas Inc is located in Houston, TX. The organization was established in 1952. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Good Samaritan Foundation Of Texas Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Samaritan Foundation Of Texas 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, Good Samaritan Foundation Of Texas Inc generated $647.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $534.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Good Samaritan Foundation Of Texas Inc has awarded 14 individual grants totaling $573,500. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE NURSES DEDICATED TO CLINICAL CARE AND IMPROVE QUALITY OF NURSE EDUCATION AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING SCHOLARSHIPS: GOOD SAMARITAN FOUNDATION (GSF) PROVIDES SCHOLARSHIPS DIRECTLY TO NURSING STUDENTS THAT ATTEND DIFFERENT SCHOOLS AROUND THE STATE OF TEXAS.
GRANTS TO COLLEGES OF NURSING AND OTHER ORGANIZATIONS: GSF GRANTED $25,000 TO UT HEALTH CIZIK SCHOOL OF NURSING FOR THE ACADEMIC SUCCESS CENTER. GSF ALSO GRANTED HARRIS HEALTH SYSTEM $25,000 FOR THE NURSING EXCELLENCE PROGRAM.
GOOD SAMARITAN ENDOWMENT, INC. (THE ENDOWMENT) WAS FORMED IN 2004 AND OPERATES PRIMARILY FOR THE BENEFIT OF THE FOUNDATION. THE ENDOWMENT HAS A BOARD OF DIRECTORS SEPARATE FROM AND NOT CONTROLLED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa King Executive Director | Officer | 40 | $87,871 |
Jason L Fertitta Chairman | OfficerTrustee | 2 | $0 |
Donna Henderson Vice Chair, Treasurer | OfficerTrustee | 2 | $0 |
Michelle Barnett Trustee | Trustee | 1 | $0 |
Warren W Harris Trustee | Trustee | 1 | $0 |
Steven P Mach Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $192,351 |
| Related organizations | $72,000 |
| Government grants | $19,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $625,682 |
| Total Program Service Revenue | $0 |
| Investment income | $18,782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $72,941 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$70,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $647,346 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,828 |
| Grants and other assistance to domestic individuals. | $168,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,672 |
| Compensation of current officers, directors, key employees. | $13,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,787 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,004 |
| Payroll taxes | $7,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,170 |
| Advertising and promotion | $0 |
| Office expenses | $38,454 |
| Information technology | $3,828 |
| Royalties | $0 |
| Occupancy | $5,856 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,923 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,683 |
| All other expenses | $0 |
| Total functional expenses | $534,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $101,354 |
| Pledges and grants receivable | $22,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,528 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $819,547 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $971,929 |
| Accounts payable and accrued expenses | $16,526 |
| Grants payable | $75,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $91,526 |
| Net assets without donor restrictions | $804,031 |
| Net assets with donor restrictions | $76,372 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $971,929 |
Grants Awarded
Over the last fiscal year, Good Samaritan Foundation Of Texas Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UT HEALTH CIZIK SCHOOL OF NURSING PURPOSE: Academic Success Center | $25,000 |
Bellaire, TX PURPOSE: Nursing Excellence Program | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Good Samaritan Foundation Of Texas Inc has recieved totaling $146,466.
| Awarding Organization | Amount |
|---|---|
Vivian L Smith Foundation Houston, TX PURPOSE: NURSING SCHOLARSHIP PROGRAMS | $50,000 |
M D Anderson Foundation Houston, TX PURPOSE: NURSING SCHOLARSHIP PROGRAMS | $30,000 |
Foundation For Southeast Texas Inc Beaumont, TX PURPOSE: GENERAL SUPPORT | $13,966 |
Greater Houston Community Foundation Houston, TX PURPOSE: EDUCATIONAL | $10,500 |
John P Mcgovern Foundation Houston, TX PURPOSE: PROGRAM SUPPORT | $10,000 |
Willard & Ruth Johnson Charitable Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $1,943,510 |
| Earnings | $405,291 |
| Grants | $72,000 |
| Ending Balance | $2,276,801 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |