Dr Samuel Shaheen Family Foundation
- Assets
- $533.8k
- Revenue
- $146.6k
- Investments
- $259.5k
- Employees
- 0
- Location
- Saginaw, MI
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 81-0772773
Organization Overview
Dr Samuel Shaheen Family Foundation is located in Saginaw, MI. The organization was established in 2016. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Samuel Shaheen Family 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 12/2021, Dr Samuel Shaheen Family Foundation generated $146.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $27.2k during the year ending 12/2021. While expenses have increased by 19.4% per year over the past 7 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 2016, Dr Samuel Shaheen Family Foundation has awarded 89 individual grants totaling $349,032. 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 |
|---|---|---|---|
Samuel Shaheen President | 0 | $0 | |
Gary Glaza Vice Preside | 0 | $0 | |
Liz Schipper Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,707 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,863 |
| Capital Gain Net Income | $5,442 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,264 |
| Taxes | $295 |
| Depreciation | $3,329 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,326 |
| Total operating and administrative expenses | $10,706 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $27,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,298 |
| 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 | $150,000 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $533,756 |
| 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, Dr Samuel Shaheen Family Foundation has awarded $16,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Mount Pleasant, MI PURPOSE: LAPHAM MEMORIAL FUND | $10,000 |
NW UNIVERSITY FEINBERG SCHOOL OF ME PURPOSE: CONTRIBUTION | $2,500 |
MID MICHIGAN CHILDREN'S MUSUEM PURPOSE: CONTRIBUTION | $1,000 |
U OF M MEDICAL SCHOOL PURPOSE: CONTRIBUTION | $1,000 |
Detroit, MI PURPOSE: CONTRIBUTION | $1,000 |
Albion, MI PURPOSE: CONTRIBUTION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gps Education Partners Inc Waukesha, WI | $3,399,978 | $6,380,793 |
Ashley For The Arts Ltd Arcadia, WI | $72,807 | $2,501,773 |
National Interscholastic Athletic Administrators Association Indianapolis, IN | $6,389,694 | $2,742,036 |
Lunda Community Center Inc Black River Falls, WI | $21,403,243 | $624,709 |
Culturesource Detroit, MI | $3,009,357 | $2,825,503 |
Walters Family Foundation Milford, MI | $17,995,622 | $1,842,537 |
The Christine Center Willard, WI | $3,088,185 | $1,329,458 |
Peninsula School Of Art Inc Fish Creek, WI | $7,076,513 | $1,332,274 |
North Lakeland Discovery Center Inc Manitowish, WI | $4,813,502 | $2,765,130 |
Eaa Warbirds Of America Inc Oshkosh, WI | $1,697,464 | $879,039 |
Institutes For Journalism & Natural Resources Madison, WI | $919,874 | $965,038 |
Dayton Public Access Television Inc Dayton, OH | $3,334,474 | $517,341 |