Samtec Associates Foundation Inc
Samtec Associates Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ALBANY, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$137K
+19.5% YoY
Annual Giving
$7K
-66.7% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$7K
-0.2% YoY
Under IRS private-foundation payout rules, Samtec Associates Foundation Inc reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Samtec Associates Foundation Inc
Based on IRS filings
Samtec Associates Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ALBANY, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $136,596 | $114,346 | $101,900 |
| Revenue | $29,561 | $32,997 | $25,382 |
| Expenses | $7,311 | $21,965 | $10,761 |
| Qualifying Distributions | $7,250 | $21,802 | $10,608 |
| Net Investment Income | $3,202 | $446 | $170 |
| Distributable Amount | $6,109 | $5,512 | $4,721 |
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
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Individual Assistance ($7,250).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIVIDUAL ASSISTANCE NEW ALBANY, IN | GENERAL 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 6 IN 2024DESCRIPTION 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 APPROVE EACH INDIVIDUAL'S ASSISTANCE REQUEST BASED GUIDELINES APPROVED BY THE BOARD. | $7,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BETH JOHNSON | PRESIDENT | 1 | — |
| ALLEN PLATT | SECRETARY | 1 | — |
| SARAH TEEGARDEN | TREASURER | 1 | — |
| PAM GRIEB | DIRECTOR | 1 | — |
| WHITNEY ROBERTSON | DIRECTOR | 1 | — |
| SETH FARRIS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Samtec Associates Foundation Inc?
Samtec Associates Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ALBANY, IN. It holds $137K in total assets as of 2024.
How large is Samtec Associates Foundation Inc?
As of 2024, Samtec Associates Foundation Inc holds $137K in total assets with $30K in annual revenue. It awarded 1 grants totaling $7K in 2024.
Where does Samtec Associates Foundation Inc operate?
Samtec Associates Foundation Inc has awarded grants in Indiana, Kentucky, Texas.
What size grants does Samtec Associates Foundation Inc award?
In 2024, Samtec Associates Foundation Inc awarded 1 grants totaling $7K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Samtec Associates Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Samtec Associates Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Samtec Associates Foundation Inc's EIN?
Samtec Associates Foundation Inc's EIN (Employer Identification Number) is 47-4708350. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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