S R Simplot Foundation Inc
- Assets
- $19.9m
- Revenue
- $352.8k
- Investments
- $19.8m
- Employees
- 0
- Location
- Boise, ID
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-5445541
Organization Overview
S R Simplot Foundation Inc is located in Boise, ID. The organization was established in 2016. 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. S R Simplot Foundation Inc 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, S R Simplot Foundation Inc generated $352.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (52.9%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDAHO COMMUNITY FOUNDATION CONTRIBUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Holly Simplot Thomas Director | 0 | $0 | |
Jill Erin Simplot Director | 0 | $0 | |
Ronald N Graves Secretary | 0 | $0 | |
Scott R Simplot Director/president | 0 | $0 | |
Maggie Soderberg Director/vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $352,800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $352,793 |
| 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 | $0 |
| Total operating and administrative expenses | $1,530 |
| Contributions, gifts, grants paid | $1,480,000 |
| Total expenses and disbursements | $1,481,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,018 |
| Savings and temporary cash investments | $0 |
| 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 | $19,936,256 |
| 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, S R Simplot Foundation Inc has awarded $810,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Boise, ID PURPOSE: DONATION | $740,000 |
SPARKMED STANFORD UNIVERSITY PURPOSE: DONATION | $60,000 |
Sun Valley, ID PURPOSE: DONATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Dick Scheffel Family Charitable Foundation Reno, NV | $5,433,390 | $2,908,793 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
The W W Smith Charitable Trust Las Vegas, NV | $204,297,707 | $16,939,254 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Dixie And Anne Leavitt Foundation Cedar City, UT | $52,405,557 | $11,398,374 |
Scott W And Betsy D Thornton Family Foundation Park City, UT | $4,627,448 | $2,183,609 |