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Samtec Associates Foundation Inc. is a private corporation based in NEW ALBANY, IN. The foundation received its IRS ruling in 2016. The principal officer is % Sarah Teegarden. It holds total assets of $137K. Annual income is reported at $30K. TO PROVIDE FINANCIAL ASSISTANCE TO FELLOW ASSOCIATES AND THEIR FAMILIES OF SAMTEC INC IN TIMES OF URGENT NEED WHEN THEY EXPERIENCE SIGNIFICANT FINANCIAL OR PERSONAL DIFFICULTIES DUE TO A NATURAL DISASTER, CATASTROPHIC MEDICAL EXPENSES, DEATH OF A FAMILY MEMBER, ETC. According to available records, Samtec Associates Foundation Inc. has made 7 grants totaling $46K, with a median grant of $4K. Annual giving has grown from $14K in 2021 to $22K in 2023. Individual grants have ranged from $563 to $18K, with an average award of $7K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Indiana and Kentucky and Texas. Contributions to this foundation are tax-deductible.
TO PROVIDE FINANCIAL ASSISTANCE TO FELLOW ASSOCIATES AND THEIR FAMILIES OF SAMTEC INC WHO IN TIMES OF URGENT NEED WHEN THEY EXPERIENCE SIGNIFICANT FINANCIAL OR PERSONAL DIFFICULTIES DUE TO A NATURAL DISASTER, CATASTROPHIC MEDICAL EXPENSES, DEATH OF A FAMILY MEMBER, ETC.
TO PROVIDE FINANCIAL ASSISTANCE TO FELLOW ASSOCIATES AND THEIR FAMILIES OF SAMTEC INC IN TIMES OF URGENT NEED WHEN THEY EXPERIENCE SIGNIFICANT FINANCIAL OR PERSONAL DIFFICULTIES DUE TO A NATURAL DISASTER, CATASTROPHIC MEDICAL EXPENSES, DEATH OF A FAMILY MEMBER, ETC. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IN, KY, TX.
Samtec Associates Foundation Inc. has distributed a total of $46K across 7 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $563 to $18K.
Samtec Associates Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Samtec Associates Foundation Inc. is headquartered in NEW ALBANY, IN. While based in IN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah Teegarden | TREASURER | $0 | $0 | $0 |
| Seth Farris | DIRECTOR | $0 | $0 | $0 |
| Madison Hamman | DIRECTOR | $0 | $0 | $0 |
| Pam Grieb | DIRECTOR | $0 | $0 | $0 |
| Beth Johnson | PRESIDENT | $0 | $0 | $0 |
| Allen Platt |
Total Giving
$22K
Total Assets
$114K
Fair Market Value
$114K
Net Worth
$114K
Grants Paid
$22K
Contributions
$32K
Net Investment Income
$446
Distribution Amount
$6K
Total: $77K
Total Grants
7
Total Giving
$46K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Individual AssistanceGENERAL INFORMATION ON GRANTS AND ASSISTANCE:THE FOUNDATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF THE GRANTS OR ASSISTANCE, THE GRANTEES' ELIGIBLE FOR THE GRANTS OR ASSISTANCE, AND THE SELECTION CRITERIA USED TO AWARD GRANTS OR ASSISTANCE.TYPE OF GRANT OR ASSISTANCE:GRANTS TO INDIVIDUALS - TOTAL OF 10 IN 2023DESCRIPTION OF PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS:THE BOARD REVIEWS ALL APPLICATIONS THAT ARE SUBMITTED BY ASSOCIATES AND THE BOARD MEETS AS NEEDED TO EITHER DENY OR | New Albany, IN | $18K | 2023 |
| Aim At MelanomaGENERAL SUPPORT | Frisco, TX | $3K | 2023 |
| Louisville Metro PoliceGENERAL SUPPORT | Louisville, KY | $563 | 2023 |
| American Red CrossGENERAL SUPPORT | Jeffersonville, IN | $7K | 2022 |
POMONA, NY
HAMPTONVILLE, NC
MADISON, NJ
HAVILAND, OH
| SECRETARY |
| $0 |
| $0 |
| $0 |
| Whitney Robertson | DIRECTOR | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Western Kentucky Relief FundSUPPORT TO TORNADO VICTIMS IN WESTERN KENTUCKY |
| Frankfort, KY |
| $10K |
| 2021 |
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