Sam Spiegel Foundation Inc
- Assets
- $13.6m
- Revenue
- $4.1m
- Investments
- $8.4m
- Employees
- 0
- Location
- Auburn, AL
- Founding
- 01/1960
- Data as of
- 12/2022
- EIN
- 13-6163123
Organization Overview
Sam Spiegel Foundation Inc is located in Auburn, AL. The organization was established in 1960. 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. Sam Spiegel 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 12/2022, Sam Spiegel Foundation Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $948.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sam Spiegel Foundation Inc has awarded 191 individual grants totaling $7,130,930. 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 |
|---|---|---|---|
David N Bottoms Jr Director | 5 | $0 | |
Raya Dreben Director | 5 | $0 | |
Michael Freedman Director | 5 | $0 | |
Adam Spiegel Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $179,987 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,942,455 |
| Capital Gain Net Income | $3,942,455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,122,442 |
| 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 | $56,201 |
| Total operating and administrative expenses | $103,225 |
| Contributions, gifts, grants paid | $845,000 |
| Total expenses and disbursements | $948,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,245,626 |
| 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 | $13,598,967 |
| 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, Sam Spiegel Foundation Inc has awarded $845,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
GIVAT HAVIVA EDUCATIONAL FOUNDATION PURPOSE: EDUCATION | $80,000 |
AMERICAN ISRAEL CULTURAL PURPOSE: EDUCATION | $300,000 |
JOINT DISTRIBUTION COMMITTEE PURPOSE: CHARITABLE | $100,000 |
MATI - USA PURPOSE: RELIGIOUS | $75,000 |
ABRAHAM INITIATIVES PURPOSE: RELIGIOUS | $100,000 |
RENA'S PROMISE FOUNDATION PURPOSE: EDUCATION | $50,000 |