2024-10-08T20:00:39-05:00 2023-12-31 330700332 VASQUEZ COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2023-01-01 916468179 SAMUELSON FOUNDATION SAMU 8185000155 5000 EDENHURST AVENUE LOS ANGELES CA 90039 WARREN LUKESH CFO 8185000155 2024-10-08 1 0 REGINA PRINCE CPA P00576936 2138731700 2023 2024-10-15 13:58:12Z WARREN LUKESH 5000 EDENHURST AVENUE LOS ANGELES CA 90039 5259269 0 X N/A X 2000 CA TO PERFORM ACTS OF KINDNESS AND LOVE TO THOSE IN NEED BY PROVIDING FOOD, HABITAT, HEALTH AND EDUCATION IN AN ENVIRONMENT OF SOCIAL & ECONOMIC FREEDOM. 3 3 0 3 0 0 0 0 0 0 22086 59269 0 0 22086 59269 55000 44000 0 0 0 0 0 0 0 109194 123366 164194 167366 -142108 -108097 4346024 4237927 1575689 1575689 2770335 2662238 X SEE SCHEDULE O 0 0 135997 44000 THE SAMUELSON FOUNDATION OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS TO ASSIST THEM IN CARRYING OUT THEIR CHARITABLE, EDUCATIONAL AND RELIGIOUS MISSIONS. DURING THE YEAR, THE FOUNDATION ALSO PROVIDED A CASH GRANT OF $44,000 TO ONE OF ITS SUPPORTED ORGANIZATIONS, BEACON HOUSING, INC. (BEACON), TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS MISSION. BEACON HOUSING, INC. IS A 501(C)(3) ORGANIZATION FURTHER DESCRIBED IN SECTION 509(A)(1) AS A PUBLIC CHARITY WHOSE MISSION IS TO EMPOWER PARTICIPANTS WHO ARE AT-RISK OF HOMELESSNESS TO ACHIEVE HOUSING SECURITY THROUGH THE PROVISION OF SAFE AND LOW-COST LODGING OPTIONS AND SUPPORTIVE SERVICES FOR THEIR INDIVIDUAL NEEDS. BEACON WORKS WITH GROUPS IN CALIFORNIA WHO ARE AT RISK OF HOMELESSNESS, INCLUDING SURVIVORS OF DOMESTIC VIOLENCE AND THEIR CHILDREN AS WELL AS LOW-INCOME FAMILIES, TO REBUILD LIVES FROM THE GROUND UP. BEACON PROVIDES AFFORDABLE PERMANENT HOUSING AND TRANSITIONAL HOUSING IN THE LOS ANGELES AREA AND IN NORTHERN CALIFORNIA. BEACON ALSO PROVIDES ACADEMIC ENRICHMENT PROGRAMS TO SUPPORT THE EDUCATIONAL PURSUITS OF UNDERSERVED STUDENTS FROM DISADVANTAGED BACKGROUNDS. 135997 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X REID G SAMUELSON 8185000155 5000 EDENHURST AVENUE LOS ANGELES CA 90039 X REID G SAMUELSON TRUSTEE 0.50 5.75 X 0 0 0 FRED SCHNEIDER TRUSTEE UNTIL 08/2023 0.25 X 0 0 0 H JAMES SCHAFER TRUSTEE 0.25 1.00 X 0 0 0 GARY AWAD TRUSTEE START 08/2023 0.25 1.00 X 0 0 0 0 0 0 0 0 0 0 0 59269 59269 5200000 5200000 0 59269 0 0 59269 44000 44000 3942 1577 2365 12748 5099 7649 106651 85321 21330 LICENSES & FEES 25 25 167366 135997 31369 0 30636 2355662 2219929 1987362 1987362 3000 0 4346024 4237927 1575689 1575689 1575689 1575689 X 0 0 0 0 2770335 2662238 2770335 2662238 4346024 4237927 -108097 0 X 0 0 0 X X 8 BEACON HOUSING INC 954594474 8 1 44000 0 CALIFORNIA LUTHERAN UNIVERSITY 952962604 2 1 13143 0 FULLER THEOLOGICAL SEMINARY 951699394 2 1 13143 0 LA CANADA PRESBYTERIAN CHURCH 951765156 1 1 13143 0 LUTHERAN CHURCH OF THE FOOTHILLS 900042020 1 1 13142 0 OCCIDENTAL COLLEGE 951667177 2 1 13142 0 YMCA OF THE FOOTHILLS 951976183 10 1 13142 0 MOUNT HERMON ASSOCIATION INC 946000955 1 1 13142 0 8 135997 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 22086 59269 22086 59269 0 0 106359 106651 2810 16715 -87083 -64097 1814371 0 486393 0 2478000 0 4778764 0 0 1575689 0 3203075 0 48046 0 3155029 0 110426 0 0 0 110426 0 -87083 -74021 110426 110426 0 110426 44000 0 16690 0 0 0 60690 44000 110426 39.850000000000 110426 0 0 223371 65643 49912 57810 396736 0 110426 0 286310 60690 0 60690 0 0 347000 112945 65643 49912 57810 60690 PART IV, SECTION D, QUESTION 2 AS AN EXAMPLE OF HOW THE FOUNDATION MAINTAINED A CLOSE AND CONTINOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION: TRUSTEE REID SAMUELSON IS AN ELDER OF LA CANADA PRESBYTERIAN CHURCH AND A TRUSTEE OF OCCIDENTAL COLLEGE WHICH ARE SUPPORTED ORGANIZATIONS. IN ADDITION, REID SAMUELSON MAINTAIN A CLOSE AND CONTINOUS WORKING RELATIONSHIP WITH AMOS HIMMELSTEIN, THE CFO OF OCCIDENTAL COLLEGE, GARETH ICENOGLE, THE PASTOR OF LA CANADA PRESBYTERIAN CHURCH AND BOB HILLER, THE CHAIRMAN OF THE BUILDING AND GROUND COMMITTEE OF LA CANADA PRESBYTERIAN CHURCH, AND WITH TODD DERRICK, INVESTMENT MANAGER AT THE FULLER SEMINARY FOUNDATION. FOR EACH OF ITS SUPPORTED ORGANIZATIONS THE FOUNDATION'S TRUSTEE MAINTAIN CLOSE WORKING RELATIONSHIPS WITH THE BOARD AND/OR OFFICERS TO ENSURE RESPONSIVE TO THEIR NEEDS WITH RESPECT TO THE FOUNDATION'S SUPPORT OF THEIR MISSION BY EITHER BEING A BOARD MEMBER, AN ELDER OF THE CHURCH, OR BY PERFORMING AN IMPORTANT ROLE OF THE SUPPORTED ORGANIZATION. PART IV, SECTION D, QUESTION 3 THE POLICIES OF THE INVESTMENT COMMITTEES AT THE SUPPORTED ORGANIZATIONS HAD SIGNIFICANT INFLUENCE ON THE SAMUELSON FOUNDATION'S INVESTMENT POLICIES. IN PARTICULAR, FOR OCCIDENTAL COLLEGE THIS WAS ACCOMPLISHED THROUGH QUARTERLY MEETINGS AT THE INSTITUTION'S BUDGET AND FINANCE COMMITTEE. REID SAMUELSON ALSO CONDUCTED FACE-TO-FACE OR TELEPHONIC MEETINGS BETWEEN FOUNDATION TRUSTEE AND TODD DERRICK, INVESTMENT MANAGER AT THE FULLER THEOLOGICAL SEMINARY, AND WITH AMOS HIMMELSTEIN THE COO/TREASURER/VP OF FINANCE OF OCCIDENTAL COLLEGE. REID SAMUELSON DISCUSSED WITH THE SUPPORTING ORGANIZATION'S OFFICERS, TRUSTEES OR DIRECTORS THEIR PROJECTS AND CAPITAL BUDGETS AND WAYS IN WHICH THE SAMUELSON FOUNDATION WILL USE AND INVEST ITS ASSETS TO SUPPORT THEIR ORGANIZATION'S MISSION. ADDITIONALLY, FOUNDATION TRUSTEE REID SAMUELSON IS ON THE BOARD OF OCCIDENTAL COLLEGE, YMCA OF THE FOOTHILLS, AND BEACON HOUSING, INC. HE ALSO SERVED AN IMPORTANT ROLE AS AN ELDER AT LA CANADA PRESBYTERIAN CHURCH. THESE CLOSE AND CONTINUOUS WORKING RELATIONSHIPS WITH OFFICERS, DIRECTORS, OR TRUSTEES OF THE SUPPORTED ORGANIZATIONS ENSURE THAT THE TIMING OF GRANTS, THE MANNER OF MAKING GRANTS, THE SELECTION OF GRANT RECIPIENTS, AND IN OTHERWISE DIRECTING THE USE OF THE INCOME OR ASSETS OF THE FOUNDATION ARE RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATIONS. PART V, SECTION D, LINE 8 DURING THE YEAR, THE FOUNDATION PROVIDED A CASH GRANT OF $44,000 TO ONE OF ITS SUPPORTED ORGANIZATIONS, BEACON HOUSING, INC. (BEACON), TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS MISSION. BEACON HOUSING, INC. IS A 501(C)(3) ORGANIZATION FURTHER DESCRIBED IN SECTION 509(A)(1) AS A PUBLIC CHARITY WHOSE MISSION IS TO EMPOWER PARTICIPANTS WHO ARE AT-RISK OF HOMELESSNESS TO ACHIEVE HOUSING SECURITY THROUGH THE PROVISION OF SAFE AND LOW-COST LODGING OPTIONS AND SUPPORTIVE SERVICES FOR THEIR INDIVIDUAL NEEDS. REID SAMUELSON, FOUNDATION TRUSTEE, IS THE CHAIRPERSON OF BEACON. REID SAMUELSON, TRUSTEE, IS ALSO A BOARD MEMBER OF OCCIDENTAL COLLEGE AND YMCA OF THE FOOTHILLS. THE FOUNDATION'S CFO IS ALSO THE CFO OF BEACON AND IS A BOARD MEMBER OF YMCA OF THE FOOTHILLS. THE FOUNDATION'S BOARD OF TRUSTEE IS HIGHLY INVOLVED AND HOLDS IMPORTANT ROLES WITH LUTHERAN CHURCH OF THE FOOTHILLS, LA CANADA PRESBYTERIAN CHURCH, AND CALIFORNIA LUTHERAN UNIVERSITY LEADERSHIP AND MEET REGULARLY THROUGHOUT THE YEAR TO DISCUSS HOW THE FOUNDATION IS SUPPORTING THEIR MISSIONS AND BEING RESPONSIVE TO THEIR NEEDS. 0 SAMUELSON BROTHERS, INC. 1987362 C 1987362 0 BEACON HOUSING INC 5000 EDENHURST AVENUE LOS ANGELES CA 90039 954594474 501(C)(3) 44000 0 THE ORGANIZATION PROVIDES ENCOURAGEMENT AND ASSISTANCE TO LOW INCOME AND UMEMPLOYED INDIVIDUALS AND FAMILIES, AND AIDS THEM IN RETURNING TO ECONOMIC AND EMOTIONAL BALANCE AND PRODUCTIVITY. CASH WAS DONATED TO ASSIST WITH THEIR MISSION. 1 0 FORM 990 PART III LINE 1 THE SPECIFIC GOALS AND OBJECTIVES OF THE FOUNDATION INCLUDE THE FOLLOWING: FURTHERING THE KINGDOM OF GOD, BY WHICH IS MEANT THE PROCLAMATION OF AND WITNESS TO GOD'S LOVE AS DEMONSTRATED IN THE PARABLE OF THE GOOD SAMARITAN, WITH A FOCUS OF FOOD, HABITAT, HEALTH, AND EDUCATION, IN AN ENVIRONMENT OF SOCIAL AND ECONOMIC FREEDOM, WITH AN EMPHASIS ON CHRISTIAN WITNESS, SHARING OF THE GOOD NEWS, THROUGH THE POWER OF THE HOLY SPIRIT; SUPPORTING BY WORD AND DEED AN INCLUSIVE APPROACH TO ALL PEOPLE THAT HAS BEEN SO CLEARLY SHOWN IN THE TEACHINGS OF JESUS CHRIST AND SALUTARY EXAMPLES BY HIM AND HIS APOSTLES AS RECORDED IN THE HOLY BIBLE. IN PURSUIT OF THIS MISSION, THE FOUNDATION SUPPORTS THE ACTIVITIES AND PURPOSES OF THE FOLLOWING ORGANIZATIONS: 1- BEACON HOUSING INC. A SECTION 501(C)(3) PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1). 2- LA CANADA PRESBYTERIAN CHURCH A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. 3- YMCA OF THE FOOTHILLS A SECTION 501(C)(3) PUCLIC CHARITY DESCRIBED IN SECTION 509(A)(2). 4- CALIFORNIA LUTHERAN UNIVERSITY A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 5- FULLER THEOLOGICAL SEMINARY A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 6- LUTHERAN CHURCH OF THE FOOTHILLS A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. 7- OCCIDENTAL COLLEGE A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 8- MOUNT HERMON ASSOCIATION INC. A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. FORM 990, PART VI, SECTION B, LINE 11B ONE OF THE SAMUELSON FOUNDATION'S TRUSTEES WHO IS MOST INTIMATELY INVOLVED WITH THE FINANCES AND ACTIVITIES OF THE FOUNDATION REVIEWED THE FORM 990 AND COMPARED IT TO THE FOUNDATION'S FINANCIAL STATEMENTS. THE RETURN IS PROVIDED TO AND REVIEWED WITH THE ENTIRE GOVERNING BODY PRIOR TO E-FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOWEVER, CURRENT TAX LAW DOES NOT REQUIRE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BE PROVIDED TO THE PUBLIC. BEACON HOUSING INC 5000 EDENHURST AVE LOS ANGELES CA 90039 954594474 RENTAL SUBSSISTNCE CA 501(C)(3) LINE 8 0 CALIFORNIA LUTHERAN UNIVERSITY 60 W OLSEN ROAD 1750 THOUSAND OAKS CA 91360 952962604 EDUCATIONAL CA 501(C)(3) LINE 2 0 FULLER THEOLOGICAL SEMINARY 135 N OAKLAND STREET PASADENA CA 91182 951699394 SCHOOL OF MISSION & THEOLOGY CA 501(C)(3) LINE 2 0 LA CANADA PRESBYTERIAN CHURCH 626 FOOTHILL BLVD LA CANADA CA 91011 951765156 CHURCH CA 501(C)(3) LINE 1 0 LUTHERAN CHURCH OF THE FOOTHILLS 1700 FOOTHILL BLVD LA CANADA CA 91011 900042020 CHURCH CA 501(C)(3) LINE 1 0 OCCIDENTAL COLLEGE 1600 CAMPUS ROAD LOS ANGELES CA 90041 951667177 EDUCATIONAL CA 501(C)(3) LINE 2 0 YMCA OF THE FOOTHILLS 1930 FOOTHILL BLVD LA CANADA CA 91011 951976183 COMMUNITY SERVICE CA 501(C)(3) LINE 10 0 MOUNT HERMON ASSOCIATION INC 30 CONFERENCE DRIVE FELTON CA 95018 946000955 CHURCH CA 501(C)(3) LINE 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BEACON HOUSING INC B 44000 BOOK