Nonprofit · EIN 91-6468179
SAMUELSON FOUNDATION
Tax-exempt · LOS ANGELES, CA 90039
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,880,113 | $188,206 | $2,691,907 | $6,929,834 | $1,575,689 | $5,354,145 |
| December 31, 2023 | 990 | $59,269 | $167,366 | -$108,097 | $4,237,927 | $1,575,689 | $2,662,238 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,681,410
- Program service revenue
- $0
- Investment income
- $198,703
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $80,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Program services (functional)
- $165,920
- Management and general (functional)
- $22,286
Balance sheet and other
- Total assets, start of year
- $4,237,927
- Total assets, end of year
- $6,929,834
- Total liabilities, end of year
- $1,575,689
- Net assets, end of year
- $5,354,145
- Gross receipts
- $2,880,113
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2000
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REID G SAMUELSON | TRUSTEE Trustee or director | 0.5 | $0 |
| H JAMES SCHAFER | TRUSTEE Trustee or director | 0.25 | $0 |
| GARY AWAD | TRUSTEE Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REID G SAMUELSON | TRUSTEE Trustee or director | 0.5 | $0 |
| FRED SCHNEIDER | TRUSTEE UNTIL 08/2023 Trustee or director | 0.25 | $0 |
| H JAMES SCHAFER | TRUSTEE Trustee or director | 0.25 | $0 |
| GARY AWAD | TRUSTEE START 08/2023 Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 5000 EDENHURST AVE, LOS ANGELES, CA 90039-1021
- In care of
- % JACK D SAMUELSON
- Principal officer (990 for 2024)
- WARREN LUKESH, 5000 EDENHURST AVENUE, LOS ANGELES, CA 90039
- Signed the 990
- WARREN LUKESH, CFO
- Phone
- (818) 500-0155
- Return prepared by
- VASQUEZ COMPANY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 91-6468179 or by the name SAMUELSON FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O
Program accomplishments
- THE SAMUELSON FOUNDATION OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS TO ASSIST THEM IN CARRYING OUT THEIR CHARITABLE, EDUCATIONAL AND RELIGIOUS MISSIONS. DURING THE YEAR, THE FOUNDATION ALSO PROVIDED A CASH GRANT OF $80,000 TO ITS SUPPORTED ORGANIZATIONS, BEACON HOUSING, INC. (BEACON) AND LA CANADA PRESBYTERIAN CHURCH (LCPC), TO ASSIST THE ORGANIZATIONS 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. BEACON WORKS WITH GROUPS IN CALIFORNIA WHO ARE AT RISK OF HOMELESSNESS, INCLUDING SURVIVORS OF DOMESTIC VIOLENCE AND THEIR CHILDREN AS WELL AS LOW-INCOME FAMILIES, TO REBUILD LIVES FROM THE GROUND UP. BEACON PROVIDES AFFORDABLE PERMANENT HOUSING AND TRANSITIONAL HOUSING IN THE LOS ANGELES AREA AND IN NORTHERN CALIFORNIA. BEACON ALSO PROVIDES ACADEMIC ENRICHMENT PROGRAMS TO SUPPORT THE EDUCATIONAL PURSUITS OF UNDERSERVED STUDENTS FROM DISADVANTAGED BACKGROUNDS. ADDITIONALLY, LCPC'S PURPOSE IS TO INVITE PEOPLE TO FOLLOW JESUS CHRIST AS THEIR SAVIOR AND LORD, ENGAGE THEM IN CHRISTIAN COMMUNITY, AND EQUIP THEM TO WORSHIP AND SERVE GOD IN THE CHURCH AND IN THE WORLD.Expenses $165,920 · grants $80,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 91-6468179
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $6,929,834
- Income (IRS master file)
- $2,880,113
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,880,113 | $188,206 | $6,929,834 | IRS |
| 990 | December 2023 | $59,269 | $167,366 | $4,237,927 | XML |
| 990 | December 2022 | $22,086 | $164,194 | $4,346,024 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-6468179).
Questions about SAMUELSON FOUNDATION
- What is the EIN of SAMUELSON FOUNDATION?
- The employer identification number (EIN) of SAMUELSON FOUNDATION is 91-6468179.
- Is SAMUELSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SAMUELSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SAMUELSON FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SAMUELSON FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAMUELSON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAMUELSON FOUNDATION?
- The 990 for the year ended December 31, 2024 names WARREN LUKESH.
- Who are the officers and directors of SAMUELSON FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does SAMUELSON FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,880,113, expenses of $188,206 and total assets of $6,929,834 at year end.
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