Simon Bolivar Foundation Inc
- Assets
- $4.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 20-5787382
Organization Overview
Simon Bolivar Foundation Inc is located in Houston, TX. The organization was established in 2016. 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. Simon Bolivar 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 12/2021, Simon Bolivar Foundation Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Simon Bolivar Foundation Inc has awarded 164 individual grants totaling $77,893,378. 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 |
|---|---|---|---|
Oscar Montenegro Treasurer | 1 | $0 | |
Mariela Poleo President | 29.9 | $0 | |
Danny Rodriguez Assistant Treasurer | 2.5 | $0 | |
Holly Chastain Nini Secretary | 12.5 | $0 | |
Julie Okwara Assistant Secretary | 0.25 | $0 | |
Bob Shoemaker Controller & Ast. Treasurer | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weycer Kaplan Pulaski And Zuber P C | 12/30/20 | $67,480 |
Jones Day | 12/30/20 | $53,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,050,000 |
| Interest on Savings | $42 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1 |
| Total Revenue | $2,050,041 |
| 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 | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,525 |
| Total operating and administrative expenses | $205,210 |
| Contributions, gifts, grants paid | $3,196,028 |
| Total expenses and disbursements | $3,401,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,164,424 |
| Savings and temporary cash investments | $277,095 |
| Net Accounts receivable | $1,278 |
| Net Pledges Receivable | $2,550,000 |
| 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 | $3,979 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,996,776 |
| Accounts payable and accrued expenses | $13,210 |
| Grants payable | $2,496,909 |
| 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 | $2,510,119 |
Grants Awarded
Over the last fiscal year, Simon Bolivar Foundation Inc has awarded $4,646,888 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: HUMANITARIAN HEALTH PROGRAM | $718,000 |
NELSON USECHE PURPOSE: MEDICAL ASSISTANCE FOR LIVER TRANSPLANT | $341,976 |
Washington, DC PURPOSE: HUMANITARIAN HEALTH PROGRAM | $282,000 |
NELSON USECHE PURPOSE: MEDICAL ASSISTANCE FOR LIVER TRANSPLANT | $265,965 |
INTERNATIONAL FEDERATION OF RED CROSS PURPOSE: HUMANITARIAN HEALTH PROGRAM | $250,000 |
PROJECT HOPE-THE PEOPLE PURPOSE: HUMANITARIAN HEALTH PROGRAM | $199,998 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Simon Bolivar Foundation Inc has recieved totaling $261,127.
| Awarding Organization | Amount |
|---|---|
Globous Relief Fund Salt Lake City, UT PURPOSE: CHARITABLE MISSION | $261,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |