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Hamsa Foundation EIN 75-3091284

Hamsa Foundation

EIN  75-3091284 Private foundation / grantmaker Tulsa, OK
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Size
$100K–1M
What they do
A private foundation based in Tulsa, OK. It reported about $837K in revenue for 2024.
Leadership
Dale Schusterman · Director
Money in and out
$837K revenue, $240K expenses
Bottom line
—

A private foundation based in Tulsa, OK. It reported about $837K in revenue for 2024. For fiscal year 2024 it reported $837K in revenue, $240K in expenses, and $3.4M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$837K
Pt VIII · Ln 12
Total expenses
$240K
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $597K
Total assets
3.4M
deployed as grants and operations
Grants paid
228K
in FY2024
Grants made
20grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 20 grants · $228K · 2024–2024
American Red CrossFY2024$20,000
World Central Kitchen IncorporatedDC · FY2024$20,000
Icak-UsaKS · FY2024$20,000
Citizens Climate Education CorpCA · FY2024$15,000
Planned Parenthood Federation of America INCNY · FY2024$15,000
Global Harmony Through Personal ExcellenceDC · FY2024$15,000
Food Bank of Central & Eastern North Carolina INCNC · FY2024$15,000
OcrccFY2024$10,000
Well Done FoundationFY2024$10,000
Maame INCFY2024$10,000
Shining in Darkness Co Florida Devaul-DudleyFY2024$10,000
Musical EmpowermentFY2024$10,000
Finn2finn Alliance INC Attn WellbeingsFY2024$10,000
Hannold Foundation Co WorkhiveFY2024$10,000
Porch INCFY2024$10,000
Carolina Performing ArtsFY2024$10,000
El Sistema USANC · FY2024$5,000
The Sahara FoundationFY2024$5,000
See all 20 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV8
Average grantPart XV$11K
Median grantPart XV$10K
Largest grantPart XV$20K
Top cause focusNTEEEducation (10%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$837K
FY2024▲ +183%
Expenses
$240K
FY2024▲ +30%
Total assets
$3.4M
FY2024▲ +15%
Total liabilities
$0
FY2024
Total revenue
$837K
Pt VIII · Ln 12
Total expenses
$240K
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Total assetsPt II$3.4M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHamsa Foundation
EINHdr · item D75-3091284
Principal addressHdr · item CTulsa, OK
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFSep 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hamsa Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$735K · 88%
Contributions & grants$101K · 12%
Investment income88%$735K
Contributions & grants12%$101K
Total revenueLn 12$837K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.95 Operating & administrative $0.05
Grants & contributions paid95%$228K
Operating & administrative5%$12K
Total functional expensesLn 25$240K

Balance Sheet

Part X · end of year
CashLn 1$2.2M
Total assetsLn 16$3.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$3.4M
Months of cash on handcomputed110.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $3.4M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $837K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $837K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $837K · Prior year $296K
+183%
Revenue CAGR
FY2020 $391K · FY2024 $837K
+21%
Net-asset trend (YoY)
End of year $3.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $837K · Expenses $240K
+71%
Liabilities-to-Assets
Total liabilities — · Total assets $3.4M
—
Net-asset ratio
Net assets $3.4M · Total assets $3.4M
100%
People & payroll
Highest Reported Total Compensation
Individual Dale Schusterman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $240K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 183%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$837K revenue · viewing · ⤓ 990 PDF
FY2023$296K revenue · ⤓ 990 PDF
FY2022$386K revenue · ⤓ 990 PDF
FY2021$338K revenue · ⤓ 990 PDF
FY2020$391K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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