Simson Foundation
- Assets
- $37.3k
- Revenue
- $754.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bexley, OH
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-3505303
Organization Overview
Simson Foundation is located in Bexley, OH. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simson 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, Simson Foundation generated $754.0 in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKING OF CONTRIBUTIONS TO PRE-SELECTED ORGANIZATIONS. SEE SCHEDULE OF CONTRIBUTIONS (ATTACHED) OF $XX,XXX TO XX CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas A Simson Director/president | 0 | $0 | |
Joyce R Simson Director, Secretary And Treasurer | 0 | $0 | |
Elizabeth Simson Weinstein Director | 0 | $0 | |
Alexander M Simson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $754 |
| 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 | $0 |
| Total Revenue | $754 |
| 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 | $100 |
| Total operating and administrative expenses | $100 |
| Contributions, gifts, grants paid | $3,015 |
| Total expenses and disbursements | $3,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,946 |
| Savings and temporary cash investments | $32,323 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $37,269 |
| 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, Simson Foundation has awarded $3,015 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
MUSEUM OF JEWISH HERITAGE - A LIVING MEMORIAL TO THE HOLOCAUST PURPOSE: GENERAL PURPOSE | $50 |
HUMAN RIGHTS CAMPAIGN INC PURPOSE: GENERAL PURPOSE | $50 |
COLUMBUS ACADEMY PURPOSE: GENERAL PURPOSE | $125 |
CATHOLIC MEDICAL MISSION BOARD INC PURPOSE: GENERAL PURPOSE | $100 |
PLANNED PARENTHOOD OF THE PACIFIC SOUTHWEST PURPOSE: GENERAL PURPOSE | $100 |
CML BUSTER FOUNDATION PURPOSE: GENERAL PURPOSE | $100 |