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Samco Foundation is a private corporation based in OXFORD, AL. The foundation received its IRS ruling in 2023. It holds total assets of $4K. Annual income is reported at $505K. Total assets have decreased from $500K in 2022 to $4K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. According to available records, Samco Foundation has made 4 grants totaling $1M, with a median grant of $7K. Individual grants have ranged from $1K to $1M, with an average award of $254K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Samco Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in AL.
Samco Foundation has distributed a total of $1M across 4 grants. The median grant size is $7K, with an average of $254K. Individual grants have ranged from $1K to $1M.
Samco Foundation typically selects its grantees rather than accepting unsolicited proposals.
Samco Foundation is headquartered in OXFORD, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cassandra Del | SECRETARY | $0 | $0 | N/A |
| Sameer Mousa | CHAIRPERSON | $0 | $0 | N/A |
| Nabil Mousa | VICE-CHAIRPERSON | $0 | $0 | N/A |
| Deshae Sharpton | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4K
Fair Market Value
N/A
Net Worth
$4K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$1M
Average Grant
$254K
Median Grant
$7K
Unique Recipients
4
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seilat Al-Dahir MunicipalityGENERAL DONATION FOR BUILDING A SCHOOL | Selat Al Daher | $1M | 2023 |
| George Floyd Elementary SchoolGENERAL DONATION | Gadsden, AL | $10K | 2023 |
| Oxford City School Education FoundationGENERAL DONATION | Oxford, AL | $3K | 2023 |
| KnoxPUBLIC CHARITY SCHOOL SPONSOR | Anniston, AL | $1K | 2023 |