The Leon J Simkins Charitable Foundation
- Assets
- $11.6m
- Revenue
- -$729.3k
- Investments
- $9.0m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 02/1987
- Data as of
- 12/2022
- EIN
- 59-2757208
Organization Overview
The Leon J Simkins Charitable Foundation is located in Miami, FL. The organization was established in 1987. 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. Leon J Simkins 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.
Since 2015, Leon J Simkins Charitable Foundation has awarded 200 individual grants totaling $6,901,565. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Simkins Co-Trustee | 1 | $0 | |
Michelle Simkins Rubell Co-Trustee | 1 | $0 | |
David Simkins Co-Trustee | 1 | $0 | |
Michael Simkins Co-Trustee | 1 | $0 | |
Ronald Simkins Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,650 |
| Dividends & Interest | $138,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$899,870 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,645 |
| Total Revenue | -$729,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $330 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,659 |
| Total operating and administrative expenses | $74,989 |
| Contributions, gifts, grants paid | $1,349,493 |
| Total expenses and disbursements | $1,424,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $908,842 |
| Net Accounts receivable | $200,000 |
| 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 | $7,868,420 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,420,000 |
| Total assets | $11,552,892 |
| 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, The Leon J Simkins Charitable Foundation has awarded $1,349,493 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE BETH SHOLOM PURPOSE: CHARITABLE | $4,175 |
CHABAD HOUSE ON WHEELS PURPOSE: CHARITABLE | $7,200 |
THE MIAMI FOUNDATION PURPOSE: CHARITABLE | $1,125,147 |
MT SINAI MEDICAL CENTER FOUNDATION PURPOSE: CHARITABLE | $19,706 |
GUMMAKONDA REDDY FOUNDATION INC PURPOSE: CHARITABLE | $11,000 |
GIFT OF LIFE PURPOSE: CHARITABLE | $10,000 |