Samuel M And Alma Catsman Foundation is located in Stuart, FL. The organization was established in 2017. 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. Samuel M And Alma Catsman Foundation 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 03/2024, Samuel M And Alma Catsman Foundation generated $213.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $535.2k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Samuel M And Alma Catsman Foundation has awarded 81 individual grants totaling $2,579,050. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MADE $522,500 IN CASH GIFTS TO 16 PUBLICLY OPERATED CHARITABLE ORGANIZATIONS DURING THE FISCAL YEAR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William G Dempsey President | 3 | $0 | |
Eilleen Z Dempsey Vice President | 1 | $0 | |
William G Dempsey Treasurer | 1 | $0 | |
Eilleen Z Dempsey Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $376 |
| Dividends & Interest | $237,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,470 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $213,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,603 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $315 |
| Total operating and administrative expenses | $12,668 |
| Contributions, gifts, grants paid | $522,500 |
| Total expenses and disbursements | $535,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,218 |
| 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 | $5,719,315 |
| 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 |
Over the last fiscal year, Samuel M And Alma Catsman Foundation has awarded $522,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
WELLINGTON HIGH SCHOOL PURPOSE: GENERAL OPERATING PURPOSES | $10,000 |
NO PAW LEFT BEHIND PURPOSE: GENERAL OPERATING PURPOSES | $5,000 |
YMCA OF THE TREASURE COAST PURPOSE: TO PAY FOR RENOVATIONS TO INDIANTOWN SWIMMING POOL AND NEW LED SIGN FOR THE YMCA | $75,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL OPERATING PURPOSES | $5,000 |
ST JUDE CHILDRENS RESEARCH HOSPITAL PURPOSE: GENERAL OPERATING PURPOSES | $25,000 |
GUIDING EYES FOR THE BLIND PURPOSE: GENERAL OPERATING PURPOSES | $25,000 |