Elwood And Carol Simon Familyfoundation
- Assets
- $639.9k
- Revenue
- $86.1k
- Investments
- $467.1k
- Employees
- 0
- Location
- Bingham Farms, MI
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-3934918
Organization Overview
Elwood And Carol Simon Familyfoundation is located in Bingham Farms, MI. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Elwood And Carol Simon Familyfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Elwood And Carol Simon Familyfoundation has awarded 60 individual grants totaling $128,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elwood Simon President | 5 | $0 | |
Carol Simon Secretary | 1 | $0 | |
Meredith Simon Weil Vice President | 1 | $0 | |
Evan Simon Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $16,340 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,739 |
| Capital Gain Net Income | $69,739 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,084 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $706 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,360 |
| Total operating and administrative expenses | $2,066 |
| Contributions, gifts, grants paid | $64,000 |
| Total expenses and disbursements | $66,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $172,610 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $234 |
| Other assets | $0 |
| Total assets | $639,911 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elwood And Carol Simon Familyfoundation has awarded $64,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR TECHNION PURPOSE: TO SUPPORT EDUCATION | $15,000 |
Bloomfield Hills, MI PURPOSE: TO SUPPORT FAMILIES IN NEED OF FINANCIAL ASSISTANCE | $8,000 |
FIDF MICHIGAN CHAPTER PURPOSE: TO SUPPORT ISRAEL DEFENSE FORCES | $5,000 |
Charlotte, NC PURPOSE: TO SUPPORT VETERANS IN NEED | $5,000 |
SHRINER'S HOSPITAL FOR CHILDREN PURPOSE: TO SUPPORT CHILDREN WITH HEALTH ISSUES | $3,000 |
INJURED MARINE SEMPER FI FUND PURPOSE: TO SUPPORT VETERANS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Carls Foundation Bloomfield Hills, MI | $120,507,770 | $14,280,001 |
The David And Carol Van Andel Family Foundation Grand Rapids, MI | $107,851,670 | $8,218,571 |
Christ Cares For Kids Foundation Traverse City, MI | $46,569,965 | $9,675,626 |
James J And Joan A Gardner Family Foundation Cincinnati, OH | $68,091,187 | $14,231,664 |