William E Simon Foundation Inc
- Assets
- $7.2m
- Revenue
- $1.8m
- Investments
- $2.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1967
- Data as of
- 12/2023
- EIN
- 13-6217788
Organization Overview
William E Simon Foundation Inc is located in New York, NY. The organization was established in 1967. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William E Simon Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, William E Simon Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $4.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simon Quick Advisors Llc | 12/30/23 | $198,092 |
Simon Quick Advisors Llc | 12/30/23 | $76,908 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $369,676 |
| Dividends & Interest | $105,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,251,534 |
| Capital Gain Net Income | $1,251,534 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,857 |
| Total Revenue | $1,762,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $380,061 |
| Other employee salaries and wages | $529,227 |
| Pension plans, employee benefits | $265,204 |
| Interest | $0 |
| Taxes | $145,912 |
| Depreciation | $0 |
| Occupancy | $229,402 |
| Travel, conferences, and meetings | $49,813 |
| Printing and publications | $723 |
| Other expenses | $159,003 |
| Total operating and administrative expenses | $2,167,685 |
| Contributions, gifts, grants paid | $1,909,398 |
| Total expenses and disbursements | $4,077,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,938,487 |
| Net Accounts receivable | $37,250 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,825 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,191,957 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,885 |
| Total assets | $7,179,404 |
| Accounts payable and accrued expenses | $75,750 |
| Grants payable | $2,497,249 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,825 |
| Total liabilities | $2,582,824 |