Manoogian Simone Foundation

Organization Overview

Manoogian Simone Foundation is located in Dearborn, MI. The organization was established in 1964. 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. Manoogian Simone 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, Manoogian Simone Foundation generated $4.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $8.9m during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 4 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, Manoogian Simone Foundation has awarded 49 individual grants totaling $22,343,859. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $186
Dividends & Interest $2,602,082
Net Rental Income$0
Net Gain on Sale of Assets $2,321,606
Capital Gain Net Income $2,321,606
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,923,874

Grants Awarded

Over the last fiscal year, Manoogian Simone Foundation has awarded $8,790,551 in support to 3 organizations.

Grant RecipientAmount

SEE ATTACHED SCHEDULE

PURPOSE: CHARITABLE

$7,385,500

SEE ATTACHED SCHEDULE

PURPOSE: EDUCATIONAL

$1,063,551

SEE ATTACHED SCHEDULE

PURPOSE: RELIGIOUS/CULTURAL

$341,500
View Grant Profile

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