R J Samulski Innovation Foundation Inc
R J Samulski Innovation Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $90.3M in total assets. In 2024, it awarded 2 grants totaling $2.6M. Net investment income was $2.1M.
Key facts about R J Samulski Innovation Foundation Inc
- EIN
- 85-4391880
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,555,333
- Grants made (2024)
- 2
- Average grant
- $1,277,667
- Median grant
- $1,277,667
- Total assets
- $90,267,959
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How R J Samulski Innovation Foundation Inc gives
- Giving grew 1866% from 2021 to 2024. Method
- In 2024 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with R J Samulski Innovation Foundation Inc
- How to evaluate R J Samulski Innovation Foundation Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$90.3M
+34.3% YoY
Annual Giving
$2.6M
+11.1% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$1.3M
-44.4% YoY
Under IRS private-foundation payout rules, R J Samulski Innovation Foundation Inc reported a distributable amount of $3.6M for 2024 — the minimum it must pay out in qualifying distributions.
About R J Samulski Innovation Foundation Inc
Based on IRS filings
R J Samulski Innovation Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $90.3M in total assets. In 2024, it awarded 2 grants totaling $2.6M. Net investment income was $2.1M.
Focus Areas
Ready to take the next step with R J Samulski Innovation Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $90,267,959 | $67,199,532 | $47,206,248 |
| Revenue | $18,090,257 | $14,120,707 | $1,557,968 |
| Expenses | $2,783,051 | $2,438,970 | $2,675,612 |
| Qualifying Distributions | $2,578,439 | $2,318,685 | $2,530,940 |
| Net Investment Income | $2,142,398 | $4,206,239 | $1,197,347 |
| Distributable Amount | $3,623,260 | $2,539,556 | $2,447,615 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include North Carolina State University ($2,555,333 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTH CAROLINA STATE UNIVERSITY Raleigh, NC | ROBERTS AND MIKHAIL DISTINGUISHED CHAIR IN PLANT GENOME EDITING FUND | $2,333,000 |
| NORTH CAROLINA STATE UNIVERSITY Raleigh, NC | ROBERTS AND MIKHAIL DISTINGUISHED CHAIR IN PLANT GENOME EDITING FUND | $222,333 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R Jude Samulski | President/Director | 1 | — |
| Joseph Samulski | Treasurer/Director | 7.5 | — |
| Danielle Samulski | Secretary/Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is R J Samulski Innovation Foundation Inc?
R J Samulski Innovation Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $90.3M in total assets as of 2024.
How large is R J Samulski Innovation Foundation Inc?
As of 2024, R J Samulski Innovation Foundation Inc holds $90.3M in total assets with $18.1M in annual revenue. It awarded 2 grants totaling $2.6M in 2024.
Where does R J Samulski Innovation Foundation Inc operate?
R J Samulski Innovation Foundation Inc has awarded grants in North Carolina, Pennsylvania, South Carolina, Tennessee.
What size grants does R J Samulski Innovation Foundation Inc award?
In 2024, R J Samulski Innovation Foundation Inc awarded 2 grants totaling $2.6M — an average of about $1.3M per grant, based on its IRS Form 990 filings.
How much is R J Samulski Innovation Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, R J Samulski Innovation Foundation Inc reported a distributable amount of $3.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is R J Samulski Innovation Foundation Inc's EIN?
R J Samulski Innovation Foundation Inc's EIN (Employer Identification Number) is 85-4391880. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.