Herman & Walter Samuelson

TOWSON, MD EIN: 45-2402050

The Herman & Walter Samuelson Foundation is a private grantmaking foundation based in Towson, Maryland. Established in 2011, it operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.9M

+0.1% YoY

Grant Count

40

+21.2% YoY

Avg Grant Size

$48K

-17.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Community Health
  • Health and Medical initiatives
  • Health and Wellness

Grantmaking

The foundation is an active grantmaker with significant annual giving activity. In 2024, it made 33 grants totaling $1,903,840 in charitable distributions.

Grant Range

Range:** Typical awards range from $5,000 to $400,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily directs its grantmaking toward organizations in Maryland, New York, and Iowa.

Grant Distribution by State

7states

Cities

ABERDEENBALTIMOREBALTMOREBOONECOLUMBIAEDGEWOODFAYETTEVILLEFREDERICKHUNT VALLEYJOPPAOWINGS MILLSPIKESVILLESPOTSYLVANIASTATEN ISLANDSTEVENSONTIMONIUMTOPEKATOWSONWASHINGTON

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $22,562,278
  • Total Revenue: $3,210,026
  • Total Expenses: $2,292,824
  • Total Liabilities: $0
  • Total Giving: $1,903,840

The foundation maintains a healthy financial position with no outstanding liabilities and generates revenue through investment income and dividends.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$544K$1M$2M$2M33 grants202042 grants202130 grants202233 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GREATER BALTIMORE MEDICA…$250KSINAI HOSPITAL OF BALTIM…$200KUM ST JOSEPH MEDICAL CEN…$200KSTEVENSON UNIVERSITY$200KTALMUDICAL ACADEMY OF BA…$100KNORTHWEST HOSPITAL$75KSINAI HOSPITAL OF BALTIM…$62KNORTHWEST HOSPITAL$55KGREATER BALTIMORE MEDICA…$50KBNOS YISROEL OF BALTIMORE$50K

Grant Size Distribution

178 grants across all recorded years

114<$50K33$50–100K23$100–250K8$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's trustees include:

  • Louis F Friedman
  • Robert Damie
  • Freddie J Traub

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LOUIS F FRIEDMANPRESIDENT3.5
PHYLLIS C FRIEDMANVP/SECRETARY3
FREDDIE J TRAUBTREASURER0.25

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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