Is Mr And Mrs Samuel Oschin Family Foundation Legit?

Quick charity verification for Mr And Mrs Samuel Oschin Family Foundation (EIN: 200533204)

Verdict: Mr And Mrs Samuel Oschin Family Foundation appears trustworthy

85/100Mission Score
$30.2MRevenue
$83.9MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Mr And Mrs Samuel Oschin Family Foundation demonstrates a consistent commitment to its mission, primarily through grantmaking, as evidenced by its NTEE code T22 (Private Grantmaking Foundations). The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of efficient use of funds and a focus on programmatic spending rather than administrative overhead related to executive salaries. However, the foundation has experienced significant fluctuations in revenue, with a notable drop from $11,494,850 in 2021 to $981,548 in 2023, while expenses have remained relatively stable, hovering around $6 million annually. This trend has led to a decrease in assets from a high of $93,105,078 in 2014 to $84,945,614 in 2023, suggesting that the foundation is spending down its principal or experiencing investment losses that outpace new revenue. While the lack of officer compensation is positive for transparency, the consistent spending exceeding revenue in recent years warrants closer examination to ensure long-term sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages