Simon Family Charitable Foundation Inc
- Assets
- $5.2m
- Revenue
- $945.2k
- Investments
- $5.0m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 81-4606325
Organization Overview
Simon Family Charitable Foundation Inc is located in Delray Beach, FL. The organization was established in 2017. 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. Simon Family Charitable 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 12/2023, Simon Family Charitable Foundation Inc generated $945.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $256.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Simon Director | 10 | $0 | |
Denise Simon Director | 5 | $0 | |
Gavriel Simon Director | 5 | $0 | |
Ariel Simon Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $698,258 |
| Interest on Savings | $496 |
| Dividends & Interest | $246,400 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $945,154 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,101 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $168 |
| Total operating and administrative expenses | $1,269 |
| Contributions, gifts, grants paid | $254,750 |
| Total expenses and disbursements | $256,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,022 |
| 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 | $5,192,468 |
| 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, Simon Family Charitable Foundation Inc has awarded $254,750 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION OF BROWARD COUNTY PURPOSE: TO FUND CHARITABLE ORGANIZATIONS IN ISRAEL THAT SUPPORT NEEDY CHILDREN. | $215,000 |
JEWISH FEDERATION GTR PHILADELPHIA PURPOSE: UNRESTRICTED CASH DONATION | $25,000 |
JEWISH ADOPTION AND FAMILY CARE OP PURPOSE: TO SUPPORT THE CARE OF NEEDY CHILDREN. | $14,750 |