Michael Simmons Charitable Foundation Tr
- Assets
- $28.6k
- Revenue
- $92.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Brighton, MA
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-6159113
Organization Overview
Michael Simmons Charitable Foundation Tr is located in Brighton, MA. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Simmons Charitable Foundation Tr 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, Michael Simmons Charitable Foundation Tr generated $92.3k 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 (62.1%) each year. All expenses for the organization totaled $64.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Michael Simmons Charitable Foundation Tr has awarded 19 individual grants totaling $1,135,000. 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 |
|---|---|---|---|
Juliana Kopec Trustee | 1.5 | $0 | |
Carol Benintendi Trustee | 1.5 | $0 | |
James Atlas Simmons Trustee | 1.5 | $0 | |
Kathleen Jones Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,051 |
| Dividends & Interest | $75,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,020 |
| Capital Gain Net Income | $5,020 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $92,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $142 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $64,874 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $64,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,649 |
| 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 | $28,649 |
| 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, Michael Simmons Charitable Foundation Tr has awarded $600,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: GENERAL SUPPORT | $75,000 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $75,000 |
Richardson, TX PURPOSE: GENERAL SUPPORT | $75,000 |
Richardson, TX PURPOSE: GENERAL SUPPORT | $75,000 |
TENNYSON CENTER FOR CHILDREN PURPOSE: GENERAL SUPPORT | $45,000 |
TENNYSON CENTER FOR CHILDREN PURPOSE: GENERAL SUPPORT | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Vertex Foundation Inc Boston, MA | $5,076,822 | $15,007,934 |
Rogerson Communities Boston, MA | $47,463,639 | $10,337,482 |
St Boniface Haiti Foundation Inc Newton, MA | $12,232,493 | $9,069,662 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Wayne County Action Program Inc Lyons, NY | $3,537,821 | $9,071,492 |
North East Kingdom Community Action Inc Newport, VT | $4,712,717 | $8,659,895 |
Opportunities For Otsego Inc Oneonta, NY | $3,078,713 | $8,326,679 |
Lifeworks Community Action Inc Ballston Spa, NY | $2,628,001 | $8,482,858 |
River Fund New York Inc Richmond Hill, NY | $4,726,214 | $9,106,932 |