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Herman & Walter Samuelson Foundation Inc

  • Towson, MD
  • Tax-exempt since Sept. 2011
  • EIN: 45-2402050

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.21M (2024)

Expenses
$2.29M (2024)

Total Assets
$22.6M (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,210,026
Expenses
$2,292,824
Net Income
$917,202
Net Assets
$22,562,278
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $37,404
1.2%
Dividends $511,709
15.9%
Sales of Assets $2,660,913
82.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,983,840
86.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $22,562,278
Total Liabilities $0
Net Assets $22,562,278
Compensation
Key Employees and Officers Compensation Other
Louis F Friedman (President) $0 $0
Phyllis C Friedman (Vp/Secretary) $0 $0
Freddie J Traub (Treasurer) $0 $0

Document Links

990-PF
Filed on Feb. 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,006,251
Expenses
$2,242,760
Net Income
$763,491
Net Assets
$21,645,076
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $31,778
1.1%
Dividends $476,777
15.9%
Sales of Assets $2,497,696
83.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,981,509
88.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $21,645,076
Total Liabilities $0
Net Assets $21,645,076
Compensation
Key Employees and Officers Compensation Other
Louis F Friedman (President) $0 $0
Phyllis C Friedman (Vp/Secretary) $0 $0
Freddie J Traub (Treasurer) $0 $0

Document Links

990-PF
Filed on Feb. 12, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,530,997
Expenses
$2,562,676
Net Income
-$31,679
Net Assets
$20,881,585
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,649
0.3%
Dividends $498,563
19.7%
Sales of Assets $2,023,785
80.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,251,567
87.9%
Compensation of Officers* $68,918
2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $20,881,585
Total Liabilities $0
Net Assets $20,881,585
Compensation
Key Employees and Officers Compensation Other
Louis F Friedman (President) $68,918 $0
Phyllis C Friedman (Vp/Secretary) $0 $0
Freddie J Traub (Treasurer) $0 $0

Document Links

990-PF
Filed on Feb. 7, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,590,622
Expenses
$1,986,404
Net Income
$604,218
Net Assets
$20,913,264
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $126
0.0%
Dividends $707,232
27.3%
Sales of Assets $1,883,264
72.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,789,301
90.1%
Compensation of Officers* $60,752
3.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $20,913,264
Total Liabilities $0
Net Assets $20,913,264
Compensation
Key Employees and Officers Compensation Other
Louis F Friedman (President) $60,752 $0
Phyllis C Friedman (Vp/Secretary) $0 $0
Freddie J Traub (Treasurer) $0 $0

Document Links

990-PF
Filed on Feb. 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,776,154
Expenses
$1,868,324
Net Income
-$92,170
Net Assets
$20,309,045
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,379
0.1%
Dividends $663,840
37.4%
Sales of Assets $1,110,935
62.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,655,894
88.6%
Compensation of Officers* $114,736
6.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $20,309,046
Total Liabilities $1
Net Assets $20,309,045
Compensation
Key Employees and Officers Compensation Other
Robert Damie (Vp/Treas.) $73,868 $0
Louis F Friedman (Pres./Secr.) $40,868 $0
Freddie J Traub (Director) $0 $0

Document Links

990-PF
Filed on May 18, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,943,169
Expenses
$1,787,363
Net Income
$155,806
Net Assets
$20,401,216
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,470
0.4%
Dividends $506,074
26.0%
Sales of Assets $1,428,625
73.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,578,861
88.3%
Compensation of Officers* $105,652
5.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $20,401,216
Total Liabilities $0
Net Assets $20,401,216

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,366,919
Expenses
$945,031
Net Income
$3,421,888
Net Assets
$12,245,966
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $86
0.0%
Dividends $237,350
5.4%
Sales of Assets $4,060,554
93.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $778,925
82.4%
Compensation of Officers* $87,416
9.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,245,966
Total Liabilities $0
Net Assets $12,245,966

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,089,435
Expenses
$730,220
Net Income
$359,215
Net Assets
$8,824,078
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $17
0.0%
Dividends $222,534
20.4%
Sales of Assets $798,173
73.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $636,685
87.2%
Compensation of Officers* $71,618
9.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,824,078
Total Liabilities $0
Net Assets $8,824,078

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$516,977
Expenses
$751,871
Net Income
-$234,894
Net Assets
$8,464,863
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10
0.0%
Dividends $215,890
41.8%
Sales of Assets $232,265
44.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $673,490
89.6%
Compensation of Officers* $59,966
8.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,464,863
Total Liabilities $0
Net Assets $8,464,863

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$398,916
Expenses
$683,025
Net Income
-$284,109
Net Assets
$8,699,757
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $28
0.0%
Dividends $210,189
52.7%
Sales of Assets $117,516
29.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $580,500
85.0%
Compensation of Officers* $59,482
8.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,699,757
Total Liabilities $0
Net Assets $8,699,757

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$210,296
Expenses
$0
Net Income
$210,296
Net Assets
$8,972,569
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $21,005
10.0%
Sales of Assets $189,290
90.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,972,569
Total Liabilities $0
Net Assets $8,972,569

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

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E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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