The Simon Charitable Foundation
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 03/2011
- Data as of
- 06/2021
- EIN
- 27-3309123
Organization Overview
The Simon Charitable Foundation is located in Santa Fe, NM. The organization was established in 2011. 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. Simon Charitable 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 06/2021, Simon Charitable Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Simon Charitable Foundation has awarded 68 individual grants totaling $1,633,048. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIMON SCHOLARS PROGRAM - AWARDS SCHOLARSHIPS AND MAINTAINS SUPPORTIVE PROGRAMS WITH DIRECT AND CONTINUING INTERACTION TO ENABLE CAPABLE AND QUALIFIED STUDENTS FROM UNDER-SERVED COMMUNITIES TO ADVANCE THEMSELVES THROUGH EDUCATION,
GRANT MAKING - CHARITABLE GRANT MAKING TO ESTABLISHED PUBLIC CHARITIES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 509(A) FOR THE SUPPORT AND/OR IMPLEMENTATION OF PROGRAMS AND ACTIVITIES DESIGNED TO FURTHER THE FOUNDATION'S BROAD PURPOSES.
SIMON SCHOLARS PROGRAM - AWARDS SCHOLARSHIPS AND MAINTAINS SUPPORTIVE PROGRAMS WITH DIRECT AND CONTINUING INTERACTION TO ENABLE CAPABLE AND QUALIFIED STUDENTS FROM UNDER-SERVED COMMUNITIES TO ADVANCE THEMSELVES THROUGH EDUCATION,
GRANT MAKING - CHARITABLE GRANT MAKING TO ESTABLISHED PUBLIC CHARITIES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 509(A) FOR THE SUPPORT AND/OR IMPLEMENTATION OF PROGRAMS AND ACTIVITIES DESIGNED TO FURTHER THE FOUNDATION'S BROAD PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Simon Executive Chairman Of The Board | 40 | $230,245 | |
Elisha Nash Executive Director | 8 | $0 | |
Susan K Talkington Chief Operating Officer | 8 | $0 | |
Anissa Evans Scholarship Program | 40 | $57,904 | |
Janeth Santos Program Coordinator | 40 | $52,343 | |
Alan Marks Secretary & Assistant Trea | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,702,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,254 |
| 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 | $1,713,354 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $255,039 |
| Other employee salaries and wages | $373,594 |
| Pension plans, employee benefits | $78,418 |
| Interest | $0 |
| Taxes | $39,465 |
| Depreciation | $2,107 |
| Occupancy | $32,910 |
| Travel, conferences, and meetings | $3,204 |
| Printing and publications | $0 |
| Other expenses | $487,413 |
| Total operating and administrative expenses | $1,364,054 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $1,424,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $876,656 |
| Savings and temporary cash investments | $496,879 |
| 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 | $4,529 |
| Other assets | $632 |
| Total assets | $1,378,696 |
| Accounts payable and accrued expenses | $83,864 |
| 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 | $75,000 |
| Total liabilities | $158,864 |
Grants Awarded
Over the last fiscal year, The Simon Charitable Foundation has awarded $120,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, MN PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $25,000 |
SANTA FE COMMUNITY FOUNDATION PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $25,000 |
Rochester, MN PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $25,000 |
SANTA FE COMMUNITY FOUNDATION PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $25,000 |
UNITED WORLD COLLEGE PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $5,000 |
UNITED WORLD COLLEGE PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Simon Charitable Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Santa Fe Preparatory School Santa Fe, NM PURPOSE: COLLEGE READINESS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |