Samtec Associates Foundation Inc

Nonprofit profile at a glance

EIN
474708350
IRS 990-PF coverage
2015–2025
Forms available
Form 990-PF 2025
Location
New Albany, IN, USA
Phone
8129446733
Rating
94
Verdict
STRONG
Rating confidence
Standard
Sector
Corporate Foundations

Reported finances

Revenue
$45,085
Expenses
$12,914

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Corporate Foundations

What it reported funding in 2025

The foundation reported 1 grant totaling $12,704. The stated grant purpose was 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 7 in 2025description 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..

Operating model

Revenue model
Donor-supported. 89% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 98
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 39

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 71st percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 98.4%; rating input score 98; 92nd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 13.28; rating input score 39; 39th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 39th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Endowment Health: Endowment-health comparison scored 39/100.