Samf Fund EIN 82-2798932

Samf Fund FY2023 filing

EIN  82-2798932 Supporting organization San Antonio, TX
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Samf Fund claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Manages investments and real estate to support a medical foundation.
Leadership
James R Reed · President
Money in and out
$1.1M revenue, $812K expenses
Bottom line
+27% net inflow

Manages investments and real estate to support a medical foundation. For fiscal year 2023 it reported $1.1M in revenue, $812K in expenses, and $19.4M in net assets.Pt I

Money in and out · FY2023
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$812K
Pt IX · Ln 25
Net assets
$19.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $293K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Net inflow
+27%
revenue over expenses, this year
Pass-through gifts
32%
of revenue from contributions
Program spending
91%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$1.1M
FY2023▲ +91%
Expenses
$812K
FY2023▼ -18%
Total assets
$19.4M
FY2023▲ +16%
Total liabilities
$2K
FY2023▼ -98%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$812K
Pt IX · Ln 25
Net assets
$19.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$293K
Total assetsPt X · Ln 16$19.4M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $740K of program spending, described in the organization's own filed words · FY2023.
01

San Antonio Medical Foundation, a 501(c)(3) organization, is the beneficiary related to this organization's management of investments and unrelated real estate.

$740Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSamf Fund
EINHdr · item D82-2798932
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Samf Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Investment income$414K · 37%
Contributions & grants$355K · 32%
Other revenue$336K · 30%
Investment income37%$414K
Contributions & grants32%$355K
Other revenue30%$336K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$740K
Management & general9%$71K
Total functional expensesLn 25$812K

Balance Sheet

Part X · end of year
CashLn 1$460K
Total assetsLn 16$19.4M
Total liabilitiesLn 26$2K
Total net assetsLn 32$19.4M
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $18.7M · Operating expenses/yr $812K
277.1 months
Where the money goes
Program services
Program services $740K · Total expenses $812K
91%
Management & General
Management & general $71K · Total expenses $812K
9%
Fundraising
Fundraising $0 · Total expenses $812K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $118K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $355K · Total revenue $1.1M
32%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $414K · Total revenue $1.1M
+37%
Program self-sufficiency
Program service revenue $0 · Total expenses $812K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $578K
+91%
Net-asset trend (YoY)
End of year $19.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $812K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $19.4M
Net-asset ratio
Net assets $19.4M · Total assets $19.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $18.3M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $19.4M
94%
People & payroll
Highest Reported Total Compensation
Individual James R Reed · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $812K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $21K · Total expenses $812K
3%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 91%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$163K
Grants paid · 26 grants · $6.2M · 2020–2025
City Mission of San AntonioTX · FY2025$1,000,000
Trinity UniversityTX · FY2025$200,000
Ut Health San AntonioFY2025$200,000
Ut Health San AntonioFY2025$199,960
Metis FoundationTX · FY2025$199,784
UtsaTX · FY2025$199,537
Trinity UniversityTX · FY2024$200,000
UtsaTX · FY2024$200,000
Ut Health San AntonioFY2024$199,998
Ut Health San AntonioFY2024$199,893
Southwest Research InstituteTX · FY2024$195,000
University of Texas at San AntonioFY2023$340,896
Southwest Research InstituteTX · FY2023$199,714
Ut Health Science Center San AntonioFY2023$199,640
University of Texas at San AntonioFY2022$200,000
Southwest Research InstituteTX · FY2022$172,965
See all 26 grants →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2024$888K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · viewing · ⤓ 990 PDF
FY2022$578K revenue · ⤓ 990 PDF
FY2021$621K revenue · ⤓ 990 PDF
FY2020$605K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.