Simons Foundation Inc
- Assets
- $4.9b
- Revenue
- $373.4m
- Investments
- $3.2b
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1995
- Data as of
- 12/2022
- EIN
- 13-3794889
Organization Overview
Simons Foundation Inc is located in New York, NY. The organization was established in 1995. 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. Simons 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 12/2022, Simons Foundation Inc generated $373.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $523.1m during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Simons Foundation Inc has awarded 6,362 individual grants totaling $1,640,498,316. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
FLATIRON INSTITUTE - THE FLATIRON INSTITUTE IS AN IN-HOUSE RESEARCH DIVISION OF THE SIMONS FOUNDATION ADVANCING SCIENTIFIC RESEARCH THROUGH COMPUTATIONAL METHODS, INCLUDING DATA ANALYSIS, THEORY, MODELING, AND SIMULATION.
SIMONS FOUNDATION AUTISM RESEARCH INITIATIVE - THE SIMONS FOUNDATION AUTISM RESEARCH INITIATIVE SEEKS TO IMPROVE UNDERSTANDING, DIAGNOSIS, AND TREATMENT OF AUTISM SPECTRUM DISORDERS BY FUNDING INNOVATIVE RESEARCH OF THE HIGHEST QUALITY AND RELEVANCE.
SCIENCE, SOCIETY, & CULTURE - TO PROVIDE OPPORTUNITIES FOR PEOPLE TO FORGE A CONNECTION TO SCIENCE WHETHER FOR THE FIRST TIME OR A LIFETIME. THROUGH THE INITIATIVES, THE FOUNDATION WORKS TO INSPIRE A FEELING OF AWE AND WONDER, FOSTER CONNECTIONS BETWEEN PEOPLE AND SCIENCE, AND SUPPORT ENVIRONMENTS THAT PROVIDE A SENSE OF BELONGING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Simons Co-Chairman Of The Board | 16 | $0 | |
James Simons Co-Chairman Of The Board | 16 | $0 | |
Mark Silber Treasurer/trustee (thru 07/2022) | 1 | $0 | |
David Eisenbud Trustee | 1 | $8,000 | |
Emery N Brown Trustee | 1 | $16,000 | |
Margaret A Hamburg Trustee (thru 07/2022) | 1 | $8,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regeneron Pharmaceuticals Inc | 12/30/22 | $7,436,800 |
Euclidean Capital Llc | 12/30/22 | $4,169,910 |
Tempus Dynamics Llc | 12/30/22 | $2,010,486 |
Dna Genotek Inc | 12/30/22 | $962,548 |
Old Bridge Media Consulting Agency | 12/30/22 | $791,599 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,278,397 |
| Dividends & Interest | $0 |
| Net Rental Income | -$4,410,473 |
| Net Gain on Sale of Assets | $346,541,700 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,905,583 |
| Total Revenue | $373,367,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,290,341 |
| Other employee salaries and wages | $66,949,997 |
| Pension plans, employee benefits | $22,347,124 |
| Interest | $0 |
| Taxes | $2,313,407 |
| Depreciation | $30,219,794 |
| Occupancy | $25,973,562 |
| Travel, conferences, and meetings | $19,415,040 |
| Printing and publications | $2,968,184 |
| Other expenses | $47,473,592 |
| Total operating and administrative expenses | $227,167,885 |
| Contributions, gifts, grants paid | $295,910,838 |
| Total expenses and disbursements | $523,078,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,692,193 |
| Savings and temporary cash investments | $968,950,518 |
| Net Accounts receivable | $25,897 |
| 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 | $4,638,673 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,237,272,144 |
| Net Land, buildings, and equipment | $507,679,982 |
| Other assets | $23,945,267 |
| Total assets | $4,912,204,674 |
| Accounts payable and accrued expenses | $32,901,306 |
| Grants payable | $497,755,315 |
| Deferred revenue | $181,260 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $188,685,447 |
| Other liabilities | $178,687,494 |
| Total liabilities | $898,210,822 |
Grants Awarded
Over the last fiscal year, Simons Foundation Inc has awarded $531,486,337 in support to 2,339 organizations.
| Grant Recipient | Amount |
|---|---|
A&M COLLEGE PURPOSE: SIMONS EARLY CAREER INVESTIGATOR IN MARINE MICROBIAL ECOLOGY AND EVOLUTION AWARD | $222,000 |
A&M COLLEGE PURPOSE: TOPICS ON FUNCTIONAL INEQUALITIES FOR MARKOV SEMIGROUPS | $8,400 |
A&M COLLEGE PURPOSE: FLAT G-BUNDLES, GEOMETRIC LANGLANDS, AND MODULAR SCHUR-WEYL DUALITY | $8,400 |
A&M COLLEGE PURPOSE: TQFT AND LOW DIMENSIONAL TOPOLOGY | $8,400 |
A&M COLLEGE PURPOSE: SYMMETRIC SPACES, QUANTUM FIELD THEORY AND REPRESENTATION THEORY | $8,400 |
AAAS PURPOSE: SCILINE RESOURCES FOR SPANISH-LANGUAGE MEDIA | $118,886 |