The Samaritan Foundation Inc

Q: How large is The Samaritan Foundation Inc?

The Samaritan Foundation Inc reported $800K in total assets on its 2024 IRS Form 990-PF. It paid out $160K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets).

Foundation · Grantmaker Hamptonville, NC EIN: 85-1824691

Philanthropy, Voluntarism & Grantmaking

The Samaritan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hamptonville, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $800K in total assets. In 2024, it awarded 1 grant totaling $157K.

Key facts about The Samaritan Foundation Inc

In short: The Samaritan Foundation Inc gave $157K across 1 grant in 2024 (avg $157K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.

EIN: 85-1824691
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $156,523
Grants made (2024): 1
Average grant: $156,523
Median grant: $156,523
Total assets: $799,662
Primary geography: North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Quick answers about The Samaritan Foundation Inc

How much does The Samaritan Foundation Inc give each year?

The Samaritan Foundation Inc gave $157K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $81K across 9 grants.

How large is The Samaritan Foundation Inc?

The Samaritan Foundation Inc reported $800K in total assets on its 2024 IRS Form 990-PF. It paid out $160K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets).

How The Samaritan Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (−8%). Method
In 2024 it paid out 360% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Samaritan Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$800K

-13.3% YoY

Annual Giving

$157K

+94.2% YoY

Grant Count

-88.9% YoY

Avg Grant Size

$157K

+1648.0% YoY

Under IRS private-foundation payout rules, The Samaritan Foundation Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About The Samaritan Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $157K (100%)

Share of all 1 itemized 2024 grant dollars.

States

California Illinois Michigan North Carolina Ohio

Cities

HamptonvilleApple CreekAshlandCampbell HillCarson CityCharlotteCosta MesaMillersburgRamseyUnion Grove

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$799,662	$922,492	$770,048
Revenue	$35,000	$237,000	$286,665
Expenses	$160,242	$84,576	$38,243
Qualifying Distributions	$160,242	$84,576	$38,243
Net Investment Income	—	—	—
Distributable Amount	$44,550	$34,608	$26,691

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 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

Recipient	Purpose	Amount
Charitable contirbutions under repo Hamptonville, NC	Charitable contirbutions under reporting threshold.	$156,523

Leadership & Key People

Officers and directors from IRS filings

The Samaritan Foundation Inc is led by Gabriel M Schlabach, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

Gabriel M Schlabach

President

On filings since 2020

1 hr/week

No compensation reported
Michael Schlabach

Secretary

On filings since 2020

1 hr/week

No compensation reported
Shannon Schlabach

Treasurer

On filings since 2020

1 hr/week

No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Samaritan Foundation Inc?

The Samaritan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hamptonville, NC. It holds $800K in total assets as of 2024.