Civic Intelligence

Samuelson Foundation

990 • Fiscal year 2023 • EIN 91-6468179

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 08, 2024

5000 Edenhurst AvenueLos Angeles, CA 90039

(818) 500-0155

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.37x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

26.59x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

2nd percentile

-182%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

24th percentile

-2.5%

Faster asset growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

168%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,237,927

Down $108,097 (-2.5%) from 2022

Net Assets

Down

$2,662,238

Down $108,097 (-3.9%) from 2022

Liabilities

Flat

$1,575,689

Flat from 2022

Revenue

Up

$59,269

Up $37,183 (+168%) from 2022

Expenses

Up

$167,366

Up $3,172 (+1.9%) from 2022

Net Income

Up

-$108,097

Up $34,011 (+24%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,430,187Liabilities 2011: $1,575,688Net Assets 2011: $4,854,4992011Assets 2012: $5,973,905Liabilities 2012: $1,575,688Net Assets 2012: $4,398,2172012Assets 2013: $6,028,383Liabilities 2013: $1,575,689Net Assets 2013: $4,452,6942013Assets 2014: $6,005,605Liabilities 2014: $1,575,689Net Assets 2014: $4,429,9162014Assets 2015: $5,472,136Liabilities 2015: $1,575,689Net Assets 2015: $3,896,4472015Assets 2016: $5,376,319Liabilities 2016: $1,575,689Net Assets 2016: $3,800,6302016Assets 2017: $5,262,753Liabilities 2017: $1,575,689Net Assets 2017: $3,687,0642017Assets 2018: $5,082,445Liabilities 2018: $1,575,689Net Assets 2018: $3,506,7562018Assets 2019: $4,813,761Liabilities 2019: $1,575,689Net Assets 2019: $3,238,0722019Assets 2020: $4,637,492Liabilities 2020: $1,575,689Net Assets 2020: $3,061,8032020Assets 2021: $4,488,132Liabilities 2021: $1,575,689Net Assets 2021: $2,912,4432021Assets 2022: $4,346,024Liabilities 2022: $1,575,689Net Assets 2022: $2,770,3352022Assets 2023: $4,237,927Liabilities 2023: $1,575,689Net Assets 2023: $2,662,2382023Assets 2024: $6,929,834Liabilities 2024: $1,575,689Net Assets 2024: $5,354,1452024

Highlighted filing

2023

Assets$4,237,927
Liabilities$1,575,689
Net Assets$2,662,238

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $382,601Expenses 2011: $1,576,515Net Income 2011: -$1,193,9142011Revenue 2012: $137,466Expenses 2012: $593,748Net Income 2012: -$456,2822012Revenue 2013: $175,875Expenses 2013: $121,397Net Income 2013: $54,4782013Revenue 2014: $103,409Expenses 2014: $126,187Net Income 2014: -$22,7782014Revenue 2015: $92,683Expenses 2015: $626,152Net Income 2015: -$533,4692015Revenue 2016: $190,274Expenses 2016: $286,091Net Income 2016: -$95,8172016Revenue 2017: $23,265Expenses 2017: $136,831Net Income 2017: -$113,5662017Revenue 2018: $271,416Expenses 2018: $451,724Net Income 2018: -$180,3082018Revenue 2019: $69,898Expenses 2019: $338,582Net Income 2019: -$268,6842019Revenue 2020: -$3,976Expenses 2020: $172,293Net Income 2020: -$176,2692020Revenue 2021: $6,910Expenses 2021: $156,270Net Income 2021: -$149,3602021Revenue 2022: $22,086Expenses 2022: $164,194Net Income 2022: -$142,1082022Revenue 2023: $59,269Expenses 2023: $167,366Net Income 2023: -$108,0972023Revenue 2024: $2,880,113Expenses 2024: $188,206Net Income 2024: $2,691,9072024

Highlighted filing

2023

Revenue$59,269
Expenses$167,366
Net Income-$108,097
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 8, 2024
Return Version
2023v5.1
Gross Receipts
$5,259,269
Mission and Program Overview

Mission

To perform acts of kindness and love to those in need by providing food, habitat, health and education in an environment of social & economic freedom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,770,335$2,662,238▼ $108,097
Savings and Temporary Cash Investments$2,355,662$2,219,929▼ $135,733
Investments Other Securities$1,987,362$1,987,362→ $0
Cash and Non-Interest-Bearing Accounts-$30,636-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,346,024$4,237,927▼ $108,097
Other Assets Total$3,000$0▼ $3,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,575,689$1,575,689→ $0
Total Liabilities$1,575,689$1,575,689→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,770,335$2,662,238▼ $108,097
Total Liabilities and Net Assets / Fund Balance$4,346,024$4,237,927▼ $108,097

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,987,362--
Compensation and Service Providers

Board Members and Trustees

NameTitle
H James SchaferTrustee
Reid G SamuelsonTrustee
Gary AwadTrustee Start 08/2023
Fred SchneiderTrustee Until 08/2023
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$59,269
Other Revenue
$0
Change in Net Assets
$-108,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,366
Grants and Similar Amounts Paid$44,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$85,321$21,330-$106,651
Grants to Domestic Orgs$44,000--$44,000
Fees for Services Accounting$5,099$7,649-$12,748
Fees for Services Legal$1,577$2,365-$3,942
Other Expenses-$25-$25
Total Functional Expenses$135,997$31,369$0$167,366
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Beacon Housing IncLos Angeles, CA501(c)(3)The Organization Provides Encouragement and Assistance to Low Income and Umemployed Individuals and Families, and Aids Them in Returning to Economic and Emotional Balance and Productivity. Cash Was Donated to Assist With Their Mission.$44,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

One of the samuelson foundation's trustees who is most intimately involved with the finances and activities of the foundation reviewed the form 990 and compared it to the foundation's financial statements. The return is provided to and reviewed with the entire governing body prior to e-filing with the irs.

Form 990, Part VI, Section C, Line 19

Governing documents, the conflict of interest policy, and financial statements are available to the public upon request. However, current tax law does not require governing documents, the conflict of interest policy, and financial statements be provided to the public.

Filing and Contact Details

Filer

Filer Name
Samuelson Foundation
EIN
91-6468179
Phone
8185000155
Address
5000 EDENHURST AVENUE, LOS ANGELES, CA 90039

Signing Officer

Name
Warren Lukesh
Title
CFO
Phone
8185000155
Signed
2024-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warren Lukesh
Formed
2000
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Vasquez Company Llp
Address
655 N CENTRAL AVE STE 1550, GLENDALE, CA 91203
Preparer
Regina Prince CPA
Phone
2138731700
Supplemental Narrative

Additional Explanations

Form 990 Part III Line 1

The specific goals and objectives of the foundation include the following: furthering the kingdom of god, by which is meant the proclamation of and witness to god's love as demonstrated in the parable of the good samaritan, with a focus of food, habitat, health, and education, in an environment of social and economic freedom, with an emphasis on christian witness, sharing of the good news, through the power of the holy spirit; supporting by word and deed an inclusive approach to all people that has been so clearly shown in the teachings of jesus christ and salutary examples by him and his apostles as recorded in the holy bible. In pursuit of this mission, the foundation supports the activities and purposes of the following organizations: 1- beacon housing inc. A section 501(c)(3) public charity described in section 509(a)(1). 2- la canada presbyterian church a section 501(c)(3) organization recognized by the irs as a church. 3- ymca of the foothills a section 501(c)(3) puclic charity described in section 509(a)(2). 4- california lutheran university a section 501(c)(3) organization described as a school in section 170(b)(1)(a)(ii). 5- fuller theological seminary a section 501(c)(3) organization described as a school in section 170(b)(1)(a)(ii). 6- lutheran church of the foothills a section 501(c)(3) organization recognized by the irs as a church. 7- occidental college a section 501(c)(3) organization described as a school in section 170(b)(1)(a)(ii). 8- mount hermon association inc. A section 501(c)(3) organization recognized by the irs as a church.

Raw XML AppendixShowing 400 of 566 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt049912
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt065643
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt0223371
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt0347000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt060690
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt057810
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt049912
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt065643
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt0112945
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt0396736
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt016690
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt044000
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0110426
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt039.850000000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt044000
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt060690
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AS AN EXAMPLE OF HOW THE FOUNDATION MAINTAINED A CLOSE AND CONTINOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION: TRUSTEE REID SAMUELSON IS AN ELDER OF LA CANADA PRESBYTERIAN CHURCH AND A TRUSTEE OF OCCIDENTAL COLLEGE WHICH ARE SUPPORTED ORGANIZATIONS. IN ADDITION, REID SAMUELSON MAINTAIN A CLOSE AND CONTINOUS WORKING RELATIONSHIP WITH AMOS HIMMELSTEIN, THE CFO OF OCCIDENTAL COLLEGE, GARETH ICENOGLE, THE PASTOR OF LA CANADA PRESBYTERIAN CHURCH AND BOB HILLER, THE CHAIRMAN OF THE BUILDING AND GROUND COMMITTEE OF LA CANADA PRESBYTERIAN CHURCH, AND WITH TODD DERRICK, INVESTMENT MANAGER AT THE FULLER SEMINARY FOUNDATION. FOR EACH OF ITS SUPPORTED ORGANIZATIONS THE FOUNDATION'S TRUSTEE MAINTAIN CLOSE WORKING RELATIONSHIPS WITH THE BOARD AND/OR OFFICERS TO ENSURE RESPONSIVE TO THEIR NEEDS WITH RESPECT TO THE FOUNDATION'S SUPPORT OF THEIR MISSION BY EITHER BEING A BOARD MEMBER, AN ELDER OF THE CHURCH, OR BY PERFORMING AN IMPORTANT ROLE OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE POLICIES OF THE INVESTMENT COMMITTEES AT THE SUPPORTED ORGANIZATIONS HAD SIGNIFICANT INFLUENCE ON THE SAMUELSON FOUNDATION'S INVESTMENT POLICIES. IN PARTICULAR, FOR OCCIDENTAL COLLEGE THIS WAS ACCOMPLISHED THROUGH QUARTERLY MEETINGS AT THE INSTITUTION'S BUDGET AND FINANCE COMMITTEE. REID SAMUELSON ALSO CONDUCTED FACE-TO-FACE OR TELEPHONIC MEETINGS BETWEEN FOUNDATION TRUSTEE AND TODD DERRICK, INVESTMENT MANAGER AT THE FULLER THEOLOGICAL SEMINARY, AND WITH AMOS HIMMELSTEIN THE COO/TREASURER/VP OF FINANCE OF OCCIDENTAL COLLEGE. REID SAMUELSON DISCUSSED WITH THE SUPPORTING ORGANIZATION'S OFFICERS, TRUSTEES OR DIRECTORS THEIR PROJECTS AND CAPITAL BUDGETS AND WAYS IN WHICH THE SAMUELSON FOUNDATION WILL USE AND INVEST ITS ASSETS TO SUPPORT THEIR ORGANIZATION'S MISSION. ADDITIONALLY, FOUNDATION TRUSTEE REID SAMUELSON IS ON THE BOARD OF OCCIDENTAL COLLEGE, YMCA OF THE FOOTHILLS, AND BEACON HOUSING, INC. HE ALSO SERVED AN IMPORTANT ROLE AS AN ELDER AT LA CANADA PRESBYTERIAN CHURCH. THESE CLOSE AND CONTINUOUS WORKING RELATIONSHIPS WITH OFFICERS, DIRECTORS, OR TRUSTEES OF THE SUPPORTED ORGANIZATIONS ENSURE THAT THE TIMING OF GRANTS, THE MANNER OF MAKING GRANTS, THE SELECTION OF GRANT RECIPIENTS, AND IN OTHERWISE DIRECTING THE USE OF THE INCOME OR ASSETS OF THE FOUNDATION ARE RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2DURING THE YEAR, THE FOUNDATION PROVIDED A CASH GRANT OF $44,000 TO ONE OF ITS SUPPORTED ORGANIZATIONS, BEACON HOUSING, INC. (BEACON), TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS MISSION. BEACON HOUSING, INC. IS A 501(C)(3) ORGANIZATION FURTHER DESCRIBED IN SECTION 509(A)(1) AS A PUBLIC CHARITY WHOSE MISSION IS TO EMPOWER PARTICIPANTS WHO ARE AT-RISK OF HOMELESSNESS TO ACHIEVE HOUSING SECURITY THROUGH THE PROVISION OF SAFE AND LOW-COST LODGING OPTIONS AND SUPPORTIVE SERVICES FOR THEIR INDIVIDUAL NEEDS. REID SAMUELSON, FOUNDATION TRUSTEE, IS THE CHAIRPERSON OF BEACON. REID SAMUELSON, TRUSTEE, IS ALSO A BOARD MEMBER OF OCCIDENTAL COLLEGE AND YMCA OF THE FOOTHILLS. THE FOUNDATION'S CFO IS ALSO THE CFO OF BEACON AND IS A BOARD MEMBER OF YMCA OF THE FOOTHILLS. THE FOUNDATION'S BOARD OF TRUSTEE IS HIGHLY INVOLVED AND HOLDS IMPORTANT ROLES WITH LUTHERAN CHURCH OF THE FOOTHILLS, LA CANADA PRESBYTERIAN CHURCH, AND CALIFORNIA LUTHERAN UNIVERSITY LEADERSHIP AND MEET REGULARLY THROUGHOUT THE YEAR TO DISCUSS HOW THE FOUNDATION IS SUPPORTING THEIR MISSIONS AND BEING RESPONSIVE TO THEIR NEEDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, QUESTION 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, QUESTION 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART V, SECTION D, LINE 8
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt01575689
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt03203075
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0486393
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt01814371
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt048046
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt02478000
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt03155029
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0110426
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt04778764
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0110426
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt08
IRS990ScheduleA/SupportedOrganizationsTotalCnt08
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0954594474
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1952962604
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2951699394
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3951765156
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4900042020
IRS990ScheduleA/SupportedOrgInformationGrp/EIN5951667177
IRS990ScheduleA/SupportedOrgInformationGrp/EIN6951976183
IRS990ScheduleA/SupportedOrgInformationGrp/EIN7946000955
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd31
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd41
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd51
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd61
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd71
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd22
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd31
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd41
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd52
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd610
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd71
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt044000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt113143
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt213143
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt313143
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt413142
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt513142
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt613142
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt713142
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BEACON HOUSING INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CALIFORNIA LUTHERAN UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2FULLER THEOLOGICAL SEMINARY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3LA CANADA PRESBYTERIAN CHURCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4LUTHERAN CHURCH OF THE FOOTHILLS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5OCCIDENTAL COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6YMCA OF THE FOOTHILLS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7MOUNT HERMON ASSOCIATION INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0135997
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01987362
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SAMUELSON BROTHERS, INC.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01987362
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt044000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE ORGANIZATION PROVIDES ENCOURAGEMENT AND ASSISTANCE TO LOW INCOME AND UMEMPLOYED INDIVIDUALS AND FAMILIES, AND AIDS THEM IN RETURNING TO ECONOMIC AND EMOTIONAL BALANCE AND PRODUCTIVITY. CASH WAS DONATED TO ASSIST WITH THEIR MISSION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BEACON HOUSING INC
IRS990ScheduleI/RecipientTable/RecipientEIN0954594474
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05000 EDENHURST AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090039
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SPECIFIC GOALS AND OBJECTIVES OF THE FOUNDATION INCLUDE THE FOLLOWING: FURTHERING THE KINGDOM OF GOD, BY WHICH IS MEANT THE PROCLAMATION OF AND WITNESS TO GOD'S LOVE AS DEMONSTRATED IN THE PARABLE OF THE GOOD SAMARITAN, WITH A FOCUS OF FOOD, HABITAT, HEALTH, AND EDUCATION, IN AN ENVIRONMENT OF SOCIAL AND ECONOMIC FREEDOM, WITH AN EMPHASIS ON CHRISTIAN WITNESS, SHARING OF THE GOOD NEWS, THROUGH THE POWER OF THE HOLY SPIRIT; SUPPORTING BY WORD AND DEED AN INCLUSIVE APPROACH TO ALL PEOPLE THAT HAS BEEN SO CLEARLY SHOWN IN THE TEACHINGS OF JESUS CHRIST AND SALUTARY EXAMPLES BY HIM AND HIS APOSTLES AS RECORDED IN THE HOLY BIBLE. IN PURSUIT OF THIS MISSION, THE FOUNDATION SUPPORTS THE ACTIVITIES AND PURPOSES OF THE FOLLOWING ORGANIZATIONS: 1- BEACON HOUSING INC. A SECTION 501(C)(3) PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1). 2- LA CANADA PRESBYTERIAN CHURCH A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. 3- YMCA OF THE FOOTHILLS A SECTION 501(C)(3) PUCLIC CHARITY DESCRIBED IN SECTION 509(A)(2). 4- CALIFORNIA LUTHERAN UNIVERSITY A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 5- FULLER THEOLOGICAL SEMINARY A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 6- LUTHERAN CHURCH OF THE FOOTHILLS A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. 7- OCCIDENTAL COLLEGE A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 8- MOUNT HERMON ASSOCIATION INC. A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE OF THE SAMUELSON FOUNDATION'S TRUSTEES WHO IS MOST INTIMATELY INVOLVED WITH THE FINANCES AND ACTIVITIES OF THE FOUNDATION REVIEWED THE FORM 990 AND COMPARED IT TO THE FOUNDATION'S FINANCIAL STATEMENTS. THE RETURN IS PROVIDED TO AND REVIEWED WITH THE ENTIRE GOVERNING BODY PRIOR TO E-FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOWEVER, CURRENT TAX LAW DOES NOT REQUIRE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BE PROVIDED TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART III LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BEACON HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CALIFORNIA LUTHERAN UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2FULLER THEOLOGICAL SEMINARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3LA CANADA PRESBYTERIAN CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4LUTHERAN CHURCH OF THE FOOTHILLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5OCCIDENTAL COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6YMCA OF THE FOOTHILLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7MOUNT HERMON ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0954594474

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.93$1.58$5.35$2.88$0.19$2.69
2023Detailed filing. Detailed filing data is available for this year.$4.24$1.58$2.66$0.06$0.17$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.35$1.58$2.77$0.02$0.16$0.14
2021Detailed filing. Detailed filing data is available for this year.$4.49$1.58$2.91$0.01$0.16$0.15
2020Detailed filing. Detailed filing data is available for this year.$4.64$1.58$3.06$0.00$0.17$0.18
2019Detailed filing. Detailed filing data is available for this year.$4.81$1.58$3.24$0.07$0.34$0.27
2018Detailed filing. Detailed filing data is available for this year.$5.08$1.58$3.51$0.27$0.45$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.26$1.58$3.69$0.02$0.14$0.11
2016Detailed filing. Detailed filing data is available for this year.$5.38$1.58$3.80$0.19$0.29$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.47$1.58$3.90$0.09$0.63$0.53
2014Detailed filing. Detailed filing data is available for this year.$6.01$1.58$4.43$0.10$0.13$0.02
2013Summary only. Only limited summary data is available for this year.$6.03$1.58$4.45$0.18$0.12$0.05
2012Summary only. Only limited summary data is available for this year.$5.97$1.58$4.40$0.14$0.59$0.46
2011Summary only. Only limited summary data is available for this year.$6.43$1.58$4.85$0.38$1.58$1.19