Samelson-Lowitt Foundation Inc
- Assets
- $11.9k
- Revenue
- $308.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Needham, MA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1945789
Organization Overview
Samelson-Lowitt Foundation Inc is located in Needham, MA. 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. Samelson-Lowitt 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, Samelson-Lowitt Foundation Inc generated $308.9k in total revenue. All expenses for the organization totaled $275.9k during the year ending 12/2022.
Since 2021, Samelson-Lowitt Foundation Inc has awarded 20 individual grants totaling $561,350. 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 |
|---|---|---|---|
Judy A Samelson President, Treasurer, Director | 1 | $0 | |
Allegra Wechsler Lowitt Clerk, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $239,140 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,049 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $68,681 |
| Capital Gain Net Income | $68,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $308,870 |
| 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 | $0 |
| Total operating and administrative expenses | $2,550 |
| Contributions, gifts, grants paid | $273,350 |
| Total expenses and disbursements | $275,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,854 |
| 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 | $0 |
| Total assets | $11,854 |
| 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, Samelson-Lowitt Foundation Inc has awarded $273,350 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES RIVER SCHOOL PURPOSE: DONATION | $130,000 |
MASS AUDUBON SOCIETY PURPOSE: DONATION | $14,000 |
MASS AUDUBON SOCIETY PURPOSE: DONATION | $100,000 |
ROSIE'S PLACE PURPOSE: DONATION | $1,000 |
ACLU FOUNDATION OF MASSACHUSETTS PURPOSE: DONATION | $25,000 |
SANIBEL-CAPTIVA CONSERVATION FOUNDATION PURPOSE: DONATION | $1,000 |