Simpson Fam Foundation is located in Pittsburgh, PA. The organization was established in 2001. 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. Simpson Fam Foundation 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 12/2022, Simpson Fam Foundation generated $106.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Simpson Fam Foundation has awarded 607 individual grants totaling $664,520. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25 |
| Dividends & Interest | $8,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,127 |
| Capital Gain Net Income | $95,127 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,286 |
| Total Revenue | $106,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,157 |
| Contributions, gifts, grants paid | $68,193 |
| Total expenses and disbursements | $73,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,743 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $37 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $462,988 |
| Accounts payable and accrued expenses | $2,453 |
| 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 | $2,453 |
Over the last fiscal year, Simpson Fam Foundation has awarded $68,193 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY COUNTY PARKS PURPOSE: GENERAL | $2,000 |
ASPINWALL RIVERFRONT PARK PURPOSE: GENERAL | $1,000 |
BROTHER'S BROTHER FOUNDATION PURPOSE: GENERAL | $6,100 |
AUTISM SOCIETY PURPOSE: GENERAL | $1,000 |
CANINE COMPANIONS PURPOSE: GENERAL | $450 |
CHILDRENS PGH GIVE PA PURPOSE: GENERAL | $263 |