Samaritan Foundation Inc
- Assets
- $922.5k
- Revenue
- $237.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hamptonville, NC
- Founding
- Data as of
- 12/2023
- EIN
- 85-1824691
Organization Overview
Samaritan Foundation Inc is located in Hamptonville, NC. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Samaritan Foundation 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 12/2023, Samaritan Foundation Inc generated $237.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $84.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Samaritan Foundation Inc has awarded 14 individual grants totaling $284,088. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES CHARITABLE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS AND BENEVOLENT ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriel M Schlabach President | 1 | $0 | |
Michael Schlabach Secretary | 1 | $0 | |
Shannon Schlabach Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $237,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $237,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,488 |
| Total operating and administrative expenses | $3,988 |
| Contributions, gifts, grants paid | $80,588 |
| Total expenses and disbursements | $84,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $896,492 |
| 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 | $26,000 |
| Total assets | $922,492 |
| Accounts payable and accrued expenses | $20 |
| 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 | $20 |
Grants Awarded
Over the last fiscal year, Samaritan Foundation Inc has awarded $80,588 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
UNION GROVE AMISH CHURCH PURPOSE: GENERAL FUND AND SCHOOL OPERATIONS | $24,000 |
ASHLAND MUNICIPALITY PURPOSE: BUGGY LIGHT FINES. | $3,947 |
AW MACHINERY PURPOSE: BENEVOLENT ASSISTANCE FOR LEVI HOCHSTETLER. | $10,000 |
INTERNATIONAL HEALTH PURPOSE: HOSPITAL BILLS FOR ISAAC LOEWEN | $18,000 |
CHILI VALLEY SOUTH PURPOSE: BENEVOLENT ASSISTANCE. | $7,500 |
MARK ANNA MILLER PURPOSE: TAXI COSTS | $5,000 |