Samuelson Foundation

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.