Mervyn And Mallikha Samuel Foundation Inc is located in New Albany, OH. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. Mervyn And Mallikha Samuel 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mervyn J Samuel President | 0.5 | $0 | |
Mallikha Samuel Treasurer | 1 | $0 | |
Jasmine Sornabala Secretary | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $5 |
| Dividends & Interest | $3,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$12,771 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,649 |
| 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 | $406 |
| Total operating and administrative expenses | $4,076 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,468 |
| 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 | $273,041 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $278,509 |
| Accounts payable and accrued expenses | $1,556 |
| 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 | $1,556 |
Over the last fiscal year, Mervyn And Mallikha Samuel Foundation Inc has awarded $13,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MEHARRY MEDICAL COLLEGE PURPOSE: TO IMPROVE THE HEALTH AND HEALTHCARE OF MINORITY AND UNDER SERVED COMMUNITIES BY OFFERING EXCELLENT EDUCATION AND TRAINING PROGRAMS IN THE HEALTH SCIENCES; DELIVERING HIGH QUALITY HEALTH SERVICES; AND CONDUCTING RESEARCH THAT FOSTERS THE ELIMINATION OF HEALTH DISPARITIES.SCHOLARSHIP SUPPORTING A DESERVING, TALENTED STUDENT OR FUNDS THAT ADVANCE CUTTING EDGE RESEARCH | $10,000 |
JAFFNA COLLEGE ALUMNI ASSOCIATION PURPOSE: TO IMPROVE THE EDUCATION OF MINORITY AND UNDER SERVED COMMUNITIES BY OFFERING EDUCATION AND TRAINING PROGRAMS IN EDUCATIONAND SCHOLARSHIP SUPPORTING A DESERVING, TALENTED STUDENT OR FUNDS THAT ADVANCE CUTTING EDGE RESEARCH | $3,000 |