Simon Bolivar Foundation Inc
- Assets
- $2.8m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 20-5787382
Organization Overview
Simon Bolivar Foundation Inc is located in Houston, TX. The organization was established in 2016. 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. Simon Bolivar 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, Simon Bolivar Foundation Inc generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Simon Bolivar Foundation Inc has awarded 235 individual grants totaling $97,922,725. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mariela Poleo President | 35.5 | $0 | |
Oscar Montenegro Treasurer | 0.2 | $0 | |
Danny Rodriguez Assistant Treasurer | 0.3 | $0 | |
Holly Chastain Nini Secretary | 10.4 | $0 | |
Julie Okwara Assistant Secretary | 0 | $0 | |
Bob Shoemaker Controller & Ast. Treasurer | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weycer Kaplan Pulaski And Zuber P C | 12/30/20 | $67,480 |
Jones Day | 12/30/20 | $53,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,900,000 |
| Interest on Savings | $7,474 |
| Dividends & Interest | $0 |
| 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 | -$45 |
| Total Revenue | $3,907,429 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,076 |
| Total operating and administrative expenses | $91,704 |
| Contributions, gifts, grants paid | $3,972,231 |
| Total expenses and disbursements | $4,063,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,089,666 |
| Savings and temporary cash investments | $284,592 |
| Net Accounts receivable | $2,778 |
| Net Pledges Receivable | $1,400,000 |
| 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 | $3,986 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,781,022 |
| Accounts payable and accrued expenses | $7,791 |
| Grants payable | $1,443,080 |
| 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 | $1,450,871 |
Grants Awarded
Over the last fiscal year, Simon Bolivar Foundation Inc has awarded $6,418,557 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERTO ARTEAGA PURPOSE: MEDICAL ASSISTANCE FOR BONE MARROW TRANSPLANT | $1,930 |
ADELIANNY RODRIGUEZ PURPOSE: MEDICAL ASSISTANCE FOR LIVER TRANSPLANT | $37,488 |
ANTONIO GOMEZ PURPOSE: MEDICAL ASSISTANCE FOR BONE MARROW TRANSPLANT | $5,759 |
AMANDA MERHI PURPOSE: MEDICAL ASSISTANCE FOR BONE MARROW TRANSPLANT | $150 |
JOSE GREGORIO RANGEL PURPOSE: MEDICAL ASSISTANCE TO PATIENT RESIDING IN VENEZUELA FOR TREAMENT NOT AVAILABLE IN VENEZUELA | $1,965 |
ISABELLA GUEVARA PURPOSE: MEDICAL ASSISTANCE FOR LIVER TRANSPLANT | $56,907 |