The trustees of Good Samaritan Foundation resolved in 2004 to create a separate nonprofit organization to build and maintain a permanent endowment for the benefit of the Foundation.  The Internal Revenue Service determined Good Samaritan Endowment, Inc. to be a tax-exempt organization according to IRS Code Section 501 (c)(3) on January 18, 2005.  Its public charity designation is as a Section 509 (a)(3) supporting organization.

 

Good Samaritan Endowment is able to accept contributions without restriction from individuals, private and public foundations, and businesses.  For the purpose of compliance with the applicable provisions of the Pension Protection Act of 2006, Good Samaritan Endowment certifies to donors and prospective donors that it is a "Functionally Integrated" Type III supporting organization as defined under Section 4943(f)(5)(B) of the Internal Revenue Code.

 

The Endowment maintains a Board of Directors separate from that of Good Samaritan Foundation, as well as separate financial and accounting records.  It files an annual Form 990 to the IRS (available for download below).  Questions regarding the endowment, including those relating to donations, may be directed to Good Samaritan Endowment.