Samir M Shafie Charitable Foundation C-U Dec Of Trust
- Assets
- $1.8m
- Revenue
- $155.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-3423453
Organization Overview
Samir M Shafie Charitable Foundation C-U Dec Of Trust is located in Cincinnati, OH. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samir M Shafie Charitable Foundation C-U Dec Of Trust 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, Samir M Shafie Charitable Foundation C-U Dec Of Trust generated $155.1k 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 (57.7%) each year. All expenses for the organization totaled $150.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Samir M Shafie Charitable Foundation C-U Dec Of Trust has awarded 11 individual grants totaling $305,000. 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 |
|---|---|---|---|
Fifth Third Bank N A Trustee | 1 | $21,250 | |
Dr Samir Shafie Trustee | 1 | $0 | |
Marina Sergeyevna Onesti Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,329 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,579 |
| Capital Gain Net Income | $114,579 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $239 |
| Total Revenue | $155,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $871 |
| Total operating and administrative expenses | $25,573 |
| Contributions, gifts, grants paid | $125,000 |
| Total expenses and disbursements | $150,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $130,016 |
| 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 | $879,467 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,753,309 |
| 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 M Shafie Charitable Foundation C-U Dec Of Trust has awarded $125,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Sarasota, FL PURPOSE: PROGRAM SUPPORT | $30,000 |
JEWISH FAMILY & CHILDREN SERVICE PURPOSE: PROGRAM SUPPORT | $30,000 |
Sarasota, FL PURPOSE: PROGRAM SUPPORT | $30,000 |
Palmetto, FL PURPOSE: PROGRAM SUPPORT | $25,000 |
Sarasota, FL PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |