Sam Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $224K in total assets. In 2021, it awarded 2 grants totaling $15K. Net investment income was $21K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$224K
+2.2% YoY
Annual Giving
$15K
-28.6% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$8K
+7.1% YoY
Under IRS private-foundation payout rules, Sam Foundation reported a distributable amount of $20K for 2021 — the minimum it must pay out in qualifying distributions.
About Sam Foundation
Based on IRS filings
Sam Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $224K in total assets. In 2021, it awarded 2 grants totaling $15K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $223,867 | $219,091 |
| Revenue | $21,207 | $31,440 |
| Expenses | $16,431 | $22,453 |
| Qualifying Distributions | $16,000 | — |
| Net Investment Income | $20,776 | $31,012 |
| Distributable Amount | $19,790 | $16,039 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Joshua Bookhout ($10,000), Eleazor Rott ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Joshua Bookhout Minneapolis, MN | Student Educational Scholarship for College Tuition and Related Expenses | $10,000 |
| Eleazor Rott Minneapolis, MN | Student Educational Scholarship for College Tuition and Related Expenses | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES M WEBSTER JR | President and Treasurer and Director | 1 | — |
| KARIN S WEBSTER | VP Secretary Director | 1 | — |
| ELISE S WEBSTER | DIRECTOR | 1 | — |
| JENNIFER A WEBSTER | DIRECTOR | 1 | — |
| PETER M WEBSTER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sam Foundation?
Sam Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. It holds $224K in total assets as of 2021.
How large is Sam Foundation?
As of 2021, Sam Foundation holds $224K in total assets with $21K in annual revenue. It awarded 2 grants totaling $15K in 2021.
Where does Sam Foundation operate?
Sam Foundation has awarded grants in Minnesota.
What size grants does Sam Foundation award?
In 2021, Sam Foundation awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Sam Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Sam Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sam Foundation's EIN?
Sam Foundation's EIN (Employer Identification Number) is 20-0353925. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Sam Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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