Simms-Mann Family Foundation
- Assets
- $0.0
- Revenue
- $7.1m
- Investments
- $64.6m
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 31-1812498
Organization Overview
Simms-Mann Family Foundation is located in Beverly Hills, CA. 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. Simms-Mann Family 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 12/2021, Simms-Mann Family Foundation generated $7.1m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $10.4m during the year ending 12/2021. While expenses have increased by 9.9% per year over the past 3 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 2020, Simms-Mann Family Foundation has awarded 57 individual grants totaling $12,996,510. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Mann Simms President/director | 15 | $125,000 | |
Ronald A Simms Vice-President/treasurer | 2 | $0 | |
Josh Simms Secretary/director | 1 | $0 | |
Rachel Barchie Director | 40 | $256,000 | |
Mary Kay George Accountant | 40 | $176,759 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simms Inc | 12/30/22 | $369,906 |
Greycourt | 12/30/22 | $125,000 |
Freedom Signs | 12/30/22 | $112,129 |
Consolidated Overhead Door & Gate | 12/30/22 | $106,844 |
Halstead Innovative Builders Inc | 12/30/22 | $105,010 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,900,000 |
| Interest on Savings | $16,277 |
| Dividends & Interest | $728,988 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,771,707 |
| Total Revenue | $7,063,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,417 |
| Pension plans, employee benefits | $49,576 |
| Depreciation | $2,577,377 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $15,532 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $4,083,833 |
| Contributions, gifts, grants paid | $6,268,294 |
| Total expenses and disbursements | $10,352,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $57,705,846 |
| Other assets | $2,649,358 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $228,000 |
Grants Awarded
Over the last fiscal year, Simms-Mann Family Foundation has awarded $3,179,209 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
THE UCLA FOUNDATION PURPOSE: MEDICAL | $1,452,209 |
ACADEMY FOUNDATION PURPOSE: CIVIC | $1,000,000 |
SIMMSMANN INSTITUTE OF EDUCATION AND COMMUNITY DEVELOPMENT PURPOSE: EDUCATIONAL | $250,000 |
REICHMAN UNIVERSITY PURPOSE: EDUCATIONAL | $150,000 |
AMERICAN JEWISH JOIN DISTRIBUTION COMMITTEE INC PURPOSE: CIVIC | $100,000 |
REGENTS UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: MEDICAL | $100,000 |