Samco Foundation is a private foundation focused on Education, based in OXFORD, AL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 2 grants totaling $502K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
+515.7% YoY
Annual Giving
$502K
-50.5% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$251K
-1.1% YoY
Under IRS private-foundation payout rules, Samco Foundation reported a distributable amount of $3 for 2024 — the minimum it must pay out in qualifying distributions.
About Samco Foundation
Based on IRS filings
Samco Foundation is a private foundation focused on Education, based in OXFORD, AL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 2 grants totaling $502K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,928 | $638 | $500,000 |
| Revenue | $505,000 | $514,638 | $500,000 |
| Expenses | $501,710 | $1,014,000 | — |
| Qualifying Distributions | $501,500 | $1,014,000 | — |
| Net Investment Income | — | $638 | — |
| Distributable Amount | $3 | — | — |
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 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Seilat Al-dahir Municipality ($500,000), Oxford City School Education Foundation ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| OXFORD CITY SCHOOL EDUCATION FOUNDATION OXFORD, AL | GENERAL DONATION | $1,500 |
| SEILAT AL-DAHIR MUNICIPALITY | GENERAL DONATION FOR BUILDING A SCHOOL | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMEER MOUSA | CHAIRPERSON | 2 | — |
| NABIL MOUSA | VICE-CHAIRPERSON | 2 | — |
| DESHAE SHARPTON | TREASURER | 1 | — |
| CASSANDRA DEL | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Samco Foundation?
Samco Foundation is a private foundation focused on Education, based in OXFORD, AL. It holds $4K in total assets as of 2024.
How large is Samco Foundation?
As of 2024, Samco Foundation holds $4K in total assets with $505K in annual revenue. It awarded 2 grants totaling $502K in 2024.
Where does Samco Foundation operate?
Samco Foundation has awarded grants in Alabama.
What size grants does Samco Foundation award?
In 2024, Samco Foundation awarded 2 grants totaling $502K — an average of about $251K per grant, based on its IRS Form 990 filings.
How much is Samco Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Samco Foundation reported a distributable amount of $3 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Samco Foundation's EIN?
Samco Foundation's EIN (Employer Identification Number) is 87-3758962. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Samco 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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