William And Hope Simpson Foundation
- Assets
- $2.6m
- Revenue
- $81.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1963
- Data as of
- 12/2022
- EIN
- 36-6071622
Organization Overview
William And Hope Simpson Foundation is located in Chicago, IL. The organization was established in 1963. 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. William And Hope Simpson 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 12/2022, William And Hope Simpson Foundation generated $81.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $665.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, William And Hope Simpson Foundation has awarded 197 individual grants totaling $2,998,815. 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 |
|---|---|---|---|
Jonathan B Mellin President | 0 | $0 | |
Debra M Coy Secretary | 0 | $0 | |
Mark Liyeos Treasurer | 0 | $0 | |
Howard B Simpson Director | 0 | $0 | |
Sheila C Issenberg Director | 0 | $0 | |
James F Curtis III Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,355 |
| Capital Gain Net Income | $10,355 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,317 |
| Total Revenue | $81,517 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,587 |
| Taxes | $9,968 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,589 |
| Total operating and administrative expenses | $51,774 |
| Contributions, gifts, grants paid | $613,746 |
| Total expenses and disbursements | $665,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,193 |
| Savings and temporary cash investments | $106,149 |
| Net Accounts receivable | $1,472 |
| 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 | $1,994,228 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,596,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $420,000 |
| 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 | $420,000 |
Grants Awarded
Over the last fiscal year, William And Hope Simpson Foundation has awarded $613,746 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF NEW YORK PURPOSE: GOLF OUTING AT MEADOW BROOK | $25,200 |
FAY SCHOOL PURPOSE: UNRESTRICTED | $10,000 |
INT'L SKYDIVING MUSEUM HALL OF FAME PURPOSE: IN MEMORY OF COY MCDONALD & NATE POND | $24,500 |
CHICAGO ZOOLOGICAL SOCIETY PURPOSE: UNRESTRICTED | $2,000 |
MEMORIAL SLOAN-KETTERING CANCER CEN PURPOSE: ANNUAL APPEAL | $10,000 |
MIDDLESEX SCHOOL PURPOSE: IN HONOR OF KATHY GILES AND MX SCHOLARS PROGRAM | $10,000 |