Samuels Family Foundation
- Assets
- $30.1m
- Revenue
- $1.7m
- Investments
- $28.1m
- Employees
- 0
- Location
- Bellaire, TX
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-0823589
Organization Overview
Samuels Family Foundation is located in Bellaire, TX. The organization was established in 2016. 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. Samuels 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.
Since 2020, Samuels Family Foundation has awarded 96 individual grants totaling $24,917,628. 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 |
|---|---|---|---|
Barbara Samuels Director | 1 | $0 | |
Harris Benjamin Samuels Director | 2 | $0 | |
Joshua Alex Samuels Director | 1 | $0 | |
Jeremy Greenfield Samuels Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $730,000 |
| Interest on Savings | $4,087 |
| Dividends & Interest | $687,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $299,407 |
| Capital Gain Net Income | $299,407 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,720,721 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,150 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $291,811 |
| Contributions, gifts, grants paid | $6,040,915 |
| Total expenses and disbursements | $6,332,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,028,491 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,083,687 |
| 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, Samuels Family Foundation has awarded $6,040,915 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ENDOWMENT FOUNDATION PURPOSE: FOR CHARITABLE PURPOSE STOCKS WERE CONTRIBUTED ON DECEMBER 21, 2022. THE BOOK VALUE WAS RECORDED AS $5,117,507 PER THE BROKERAGE STATEMENTS AND THE FAIR MARKET VALUE AT THE TIME OF GIFTING WAS $5,999,314 AS CALCULATED BY MARKET RATES. | $5,999,314 |
AMERICAN ENDOWMENT FOUNDATION PURPOSE: FOR CHARITABLE PURPOSES | $41,601 |