The Heising-Simons Foundation
- Assets
- $592.4m
- Revenue
- $130.3m
- Investments
- $480.6m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 12/2007
- Data as of
- 12/2019
- EIN
- 26-0799587
Organization Overview
The Heising-Simons Foundation is located in Los Altos, CA. The organization was established in 2007. 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.
For the year ending 12/2019, Heising-Simons Foundation generated $130.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $128.9m during the year ending 12/2019. While expenses have increased by 22.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Heising-Simons Foundation has awarded 1,602 individual grants totaling $446,595,498. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTERING AN ORGANIZATIONAL EFFECTIVENESS RESPONSIVE FUND FOR THE FOUNDATION'S TALENT INVESTMENT AND FINANCIAL HEALTH FUNDS
ADMINISTERING A SECOND CYCLE OF THE RESPONSIVE FUND FOR GRANTEE COMMUNICATIONS FOR HEISING-SIMONS FOUNDATION GRANTEES
CONDUCTING A LANDSCAPE SCAN AND RESEARCH ON EARLY MATH INSTRUCTION IN CALIFORNIA
FOR THE NATIONAL HOME VISITING NETWORK STEERING COMMITTEE'S PLAN TO STRENGTHEN AND COORDINATE THE FIELD OF HOME VISITING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Gomby President And CEO | 37.5 | $579,918 | |
Jeffrey P Malloy COO And Treasurer | 37.5 | $418,591 | |
Cynthia Atherton Program Director | 37.5 | $386,228 | |
Barbara Chow Program Director | 37.5 | $357,391 | |
Brian Eule Director Of Communications & Secretary | 37.5 | $282,909 | |
Angie Junck Program Officer | 37.5 | $242,006 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Education First Consulting Llc | 12/30/19 | $546,010 |
Viva Strategy Communications | 12/30/19 | $272,000 |
Erikson Institute | 12/30/19 | $126,600 |
Melissa Kelley | 12/30/19 | $122,245 |
Foresight Law Policy Pllc | 12/30/19 | $116,319 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,701,722 |
| Interest on Savings | $1,681,730 |
| Dividends & Interest | $127,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,322 |
| Capital Gain Net Income | $1,763,339 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $91,761,228 |
| Total Revenue | $130,276,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,232,770 |
| Other employee salaries and wages | $5,389,071 |
| Pension plans, employee benefits | $2,497,224 |
| Interest | $0 |
| Taxes | $392,310 |
| Depreciation | $898,922 |
| Occupancy | $1,945,646 |
| Travel, conferences, and meetings | $775,184 |
| Printing and publications | $23,980 |
| Other expenses | $4,021,907 |
| Total operating and administrative expenses | $19,091,209 |
| Contributions, gifts, grants paid | $109,807,685 |
| Total expenses and disbursements | $128,898,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,185,526 |
| Savings and temporary cash investments | $54,149,639 |
| Net Accounts receivable | $274,634 |
| 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 | $1,077,646 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $441,897,196 |
| Net Land, buildings, and equipment | $6,998,605 |
| Other assets | $40,052,029 |
| Total assets | $592,364,420 |
| Accounts payable and accrued expenses | $2,263,726 |
| Grants payable | $55,610,055 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,167,067 |
| Total liabilities | $63,040,848 |
Grants Awarded
Over the last fiscal year, The Heising-Simons Foundation has awarded $146,816,729 in support to 616 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO CREATE AN INTERMEDIARY ORGANIZATION FOCUSED ON EARLY CHILDHOOD EDUCATION GOVERNANCE AND FINANCING | $4,683,061 |
NATURAL RESOURCES DEFENSE COUNCIL PURPOSE: TO ADVANCE CLIMATE AND CLEAN ENERGY POLICIES | $3,280,000 |
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: FOR THE DEVELOPMENT AND RESEARCH IN EARLY MATHEMATICS (DREME) NETWORK | $2,965,000 |
ENVIRONMENTAL DEFENSE FUND INC PURPOSE: TO ADVANCE CLIMATE AND CLEAN ENERGY POLICIES | $2,600,000 |
Washington, DC PURPOSE: FOR AN EMERGING BILINGUAL LEARNERS COLLABORATIVE | $2,100,000 |
Seattle, WA PURPOSE: TO SUPPORT THE DESIGN AND BUILD OF THE LOCAL VOLUME MAPPER INSTRUMENT FOR SDSS-V | $1,524,451 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Heising-Simons Foundation has recieved totaling $270,700.
| Awarding Organization | Amount |
|---|---|
Peoples Action Institute Chicago, IL PURPOSE: AFFILIATE STATE PROGRAMS SUPPORT | $270,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
David And Lucile Packard Foundation Los Altos, CA | $7,969,450,311 | $583,512,886 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $7,171,712,288 | $420,429,327 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $5,513,014,582 | $130,867,530 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $216,107,505 | $79,449,712 |
The Heising-Simons Foundation Los Altos, CA | $592,364,420 | $130,276,952 |
The Energy Foundation San Francisco, CA | $101,883,000 | $125,609,558 |
Gerson Bakar Foundation San Francisco, CA | $820,628,561 | $470,431,818 |
Helen And Sanford Diller Family Foundation San Mateo, CA | $0 | $103,100,333 |
Koum Family Foundation Menlo Park, CA | $1,835,620,491 | $59,731,479 |
Knight Foundation Beaverton, OR | $2,272,552,214 | $887,142,889 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $585,768,391 | $128,642,441 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,342,598,467 | $238,519,173 |