The Heising-Simons Foundation
- Assets
- $872.1m
- Revenue
- $152.1m
- Investments
- $466.1m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 12/2007
- Data as of
- 12/2023
- 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. Heising-Simons 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 12/2023, Heising-Simons Foundation generated $152.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $189.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Heising-Simons Foundation has awarded 5,028 individual grants totaling $1,175,142,805. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
FOR 51 PEGASI B SCIENCE SUMMIT EXPENSES
FOR FACILITATION OF FAMILIES LEAD CALIFORNIA COMMUNITY OF PRACTICE
FOR CALIFORNIA DEPARTMENT OF EDUCATION SENIOR POLICY ADVISOR
FOR ECIDS IMPLEMENTATION IN CALIFORNIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Gomby President And CEO (thru 1/3/23) | 0 | $133,760 | |
Jeffrey P Malloy COO & Treasurer (thru 7/13/23) | 36.76 | $349,091 | |
Brian Eule Director Of Communications & Secretary | 37.29 | $338,774 | |
Elizabeth D Simons Chair Of The Board | 20 | $0 | |
Caitlin Heising Vice Chair Of The Board | 5 | $0 | |
Mark W Heising Vice Chair Of The Board | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Headheart Advisory Llc | 12/30/23 | $329,892 |
Ross Strategic | 12/30/23 | $220,973 |
Meloy Child And Family Policy Solutions Llc | 12/30/23 | $191,682 |
Education First Consulting Llc | 12/30/23 | $154,220 |
Kelefors Consulting Llc | 12/30/23 | $131,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,000,000 |
| Interest on Savings | $10,770,193 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,309,633 |
| Capital Gain Net Income | $1,279,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $152,079,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,899,175 |
| Other employee salaries and wages | $9,036,611 |
| Pension plans, employee benefits | $3,795,595 |
| Interest | $0 |
| Taxes | $315,000 |
| Depreciation | $947,883 |
| Occupancy | $2,170,215 |
| Travel, conferences, and meetings | $1,037,799 |
| Printing and publications | $54,748 |
| Other expenses | $2,401,868 |
| Total operating and administrative expenses | $25,262,551 |
| Contributions, gifts, grants paid | $164,266,528 |
| Total expenses and disbursements | $189,529,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,704,899 |
| Savings and temporary cash investments | $382,052,020 |
| Net Accounts receivable | $41,995 |
| 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 | $1,873,060 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $463,974,639 |
| Net Land, buildings, and equipment | $2,837,110 |
| Other assets | $7,501,029 |
| Total assets | $872,096,521 |
| Accounts payable and accrued expenses | $2,797,676 |
| Grants payable | $66,320,020 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,278,148 |
| Total liabilities | $76,395,844 |
Grants Awarded
Over the last fiscal year, The Heising-Simons Foundation has awarded $206,287,587 in support to 987 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KANSAS CENTER FOR RESEARCH INC PURPOSE: TO ENGINEER AND DEPLOY A SECOND FULLY-AUTONOMOUS, GROUND-BASED GLACIER MONITORING SYSTEM (ATLAS II) ALONG THE NORTH SIDE OF THE HELHEIM GLACIER | $55,775 |
REGENTS OF THE UNIVERSITY OF CALIFORNIA AT SAN DIEGO PURPOSE: TO ESTABLISH THE FIRST GREENLAND ICE SHEET/OCEAN OBSERVING SYSTEM (GRIOOS) SITE AT THE HELHEIM/SERMILIK GLACIER-FJORD SYSTEM | $101,154 |
REGENTS OF THE UNIVERSITY OF CALIFORNIA SANTA CRUZ PURPOSE: FOR DEVELOPING AND IMPLEMENTING THE SUMMER INTENSIVE ASTROTECH PROGRAM | $328,000 |
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: FOR PROFESSIONAL LEARNING OPPORTUNITIES IN MATHEMATICS FOR COMMUNITY AND STATE COLLEGE EARLY CHILDHOOD INSTRUCTORS IN CALIFORNIA | $82,610 |
REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY PURPOSE: FOR DEVELOPING AND IMPLEMENTING THE SUMMER INTENSIVE ASTROTECH PROGRAM | $22,150 |
UNIVERSITY OF KANSAS CENTER FOR RESEARCH INC PURPOSE: TO FILL IN THE MISSING BED TOPOGRAPHY NEAR THE TERMINUS OF THE HELHEIM GLACIER | $109,726 |