Samis Foundation
- Assets
- $93.9m
- Revenue
- $13.8m
- Investments
- $34.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/1995
- Data as of
- 12/2021
- EIN
- 91-1641746
Organization Overview
Samis Foundation is located in Seattle, WA. The organization was established in 1995. 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. Samis 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 12/2021, Samis Foundation generated $13.8m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $11.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Samis Foundation has awarded 300 individual grants totaling $31,569,441. 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 |
|---|---|---|---|
Constance Kanter Chief Executive Officer | 20 | $187,077 | |
Eli Genauer Chair | 1 | $0 | |
David Ellenhorn Vice Chair | 1 | $0 | |
Judy Neuman Secretary | 1 | $0 | |
Greg Roer Treasurer | 1 | $0 | |
Dana Behar Member At Large | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Puget Sound Properties Commercial Real Estate | 12/30/22 | $505,335 |
Rumble Marketing | 12/30/22 | $139,005 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,780 |
| Dividends & Interest | $239,321 |
| Net Rental Income | $8,896,767 |
| Net Gain on Sale of Assets | $1,280,501 |
| Capital Gain Net Income | $1,280,501 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,751,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $206,949 |
| Other employee salaries and wages | $382,566 |
| Pension plans, employee benefits | $58,275 |
| Interest | $39,839 |
| Taxes | $1,679,662 |
| Depreciation | $525,946 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,140 |
| Printing and publications | $0 |
| Other expenses | $1,999,532 |
| Total operating and administrative expenses | $5,232,896 |
| Contributions, gifts, grants paid | $6,134,912 |
| Total expenses and disbursements | $11,367,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,797,663 |
| Savings and temporary cash investments | $1,112,077 |
| Net Accounts receivable | $107,103 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2,306,554 |
| Net other notes and loans receivable | $210,426 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $738,160 |
| Net Investments - land, buildings, equipment | $51,350,225 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,420,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $176,830 |
| Total assets | $93,922,239 |
| Accounts payable and accrued expenses | $241,743 |
| Grants payable | $2,974,439 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,249,509 |
| Total liabilities | $4,465,691 |
Grants Awarded
Over the last fiscal year, Samis Foundation has awarded $8,082,948 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR PIONEER SQUARE PURPOSE: EDUCATIONAL & HUMANITARIAN | $12,500 |
AMERICAN FRIENDS OF BIMAD ALON MOREH PURPOSE: EDUCATIONAL & HUMANITARIAN | $3,000 |
AMERICA GIVES PURPOSE: EDUCATIONAL & HUMANITARIAN | $12,500 |
AMERICAN FRIENDS OF LEKET ISRAEL TOTAL PURPOSE: EDUCATIONAL & HUMANITARIAN | $5,000 |
AMERICAN FRIENDS OF NATAL PURPOSE: EDUCATIONAL & HUMANITARIAN | $25,000 |
AMERICAN FRIENDS OF OGEN PURPOSE: EDUCATIONAL & HUMANITARIAN | $65,000 |