Simmons Foundation Inc
- Assets
- $771.9k
- Revenue
- $1.6m
- Investments
- $664.1k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 76-0398915
Organization Overview
Simmons Foundation Inc is located in Houston, TX. The organization was established in 1993. 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. Simmons 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, Simmons Foundation Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Simmons Foundation Inc has awarded 52 individual grants totaling $4,660,800. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda J Cloud Resigned 113021 President / CEO | 40 | $182,283 | |
Kelli King Jackson Program Officer | 40 | $116,520 | |
Tangie French Grants Coord | 40 | $70,000 | |
John P Durie Chair / Director | 2 | $0 | |
Robert F Henricksen Vice Chair / Director | 1 | $0 | |
Gay A Roane Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $788,708 |
| Interest on Savings | $24 |
| Dividends & Interest | $87,259 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $761,825 |
| Capital Gain Net Income | $761,825 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,637,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $182,283 |
| Other employee salaries and wages | $223,231 |
| Pension plans, employee benefits | $64,955 |
| Interest | $0 |
| Taxes | $14,874 |
| Depreciation | $2,907 |
| Occupancy | $65,805 |
| Travel, conferences, and meetings | $1,364 |
| Printing and publications | $0 |
| Other expenses | $45,382 |
| Total operating and administrative expenses | $669,818 |
| Contributions, gifts, grants paid | $1,564,500 |
| Total expenses and disbursements | $2,234,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $103,405 |
| 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 | $4,368 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $771,865 |
| 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, Simmons Foundation Inc has awarded $1,564,500 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TOWARD ADVANCING THE ADVOCACY CAPACITY OF THE SIMMONS FOUNDATION AND AGRANTEES AND THE EXPANSION TO A HOUSTON OFFICE | $50,000 |
FOSTER CARE ADVOCACY CENTER PURPOSE: TOWARD PROVIDING LEGAL REPRESENTATION AND CASE MANAGEMENT FOR CHILDREN AND PARENTS INVOLVED WITH THE CHILD WELFARE SYSTEM IN HARRIS COUNTY | $50,000 |
ABA FJECHILDREN'S IMMIGRATION LAW ACADEMY PURPOSE: TOWARD SUPPORTING PRO BONO VOLUNTEERS WORKING AT THE BORDER WITH DETAINED IMMIGRANT CHILDREN. | $50,000 |
Houston, TX PURPOSE: TOWARD THE SAFE AND SUPPORTATIVE SCHOOLS COLLABORATIVE EFFORTS AND COORDINATION AROUND SCHOOL DISCIPLINE | $50,000 |
Houston, TX PURPOSE: TOWARD EMPOWERING THE SOUTH ASIAN COMMUNITY TO END THE CYCLE OF DOMESTIC AND SEXUAL VIOLENCE BY PROVIDING CULTURALLY SPECIFIC, TRAUMA-INFORMED SERVICES AND BY LEADING OUTREACH, EDUCATION, AND ADVOCACY EFFORTS | $50,000 |
SANKOFA RESEARCH INSTITUTE PURPOSE: TOWARD SUPPORTING THE COMMUNITY ENGAGEMENT COORDINATOR OF THE REDEFINING YOUTH JUSTICE COALITION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |