John Diane Simpson Family Foundation Inc
- Assets
- $13.8m
- Revenue
- $339.6k
- Investments
- $13.4m
- Employees
- 0
- Location
- New Providence, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 85-3202059
Organization Overview
John Diane Simpson Family Foundation Inc is located in New Providence, NJ. 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. John Diane Simpson Family 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, John Diane Simpson Family Foundation Inc generated $339.6k 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 (56.3%) each year. All expenses for the organization totaled $501.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John O Mcmanus President | 0.25 | $0 | |
Rosemary Esteves Mcmanus Director | 0.25 | $0 | |
Bernadette Carol Molnar Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $15,930 |
| Dividends & Interest | $160,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$47,270 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,494 |
| Total Revenue | $339,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,996 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $97,065 |
| Total operating and administrative expenses | $192,731 |
| Contributions, gifts, grants paid | $309,171 |
| Total expenses and disbursements | $501,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,633 |
| 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 | $4,732,922 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,818,821 |
| 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, John Diane Simpson Family Foundation Inc has awarded $309,171 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FORDHAM NEUROSCIENCE AND LAW CENTER PURPOSE: NEUROSCIENCE SYMPOSIUM | $50,000 |
UNIVERSITY OF NOTRE DAME PURPOSE: COLLEGE OF SCIENCE NEUROSCIENCE DEPT | $200,000 |
UNIVERSITY OF NOTRE DAME PURPOSE: PRESIDENTS COUNCIL | $50,000 |
FORDHAM LAW PURPOSE: SPEAKERS DINNER | $3,000 |
FORDHAM LAW PURPOSE: SPEAKERS DINNER | $6,171 |