The Simon Charitable Foundation
- Assets
- $1.5m
- Revenue
- $1.7m
- Investments
- $472.9k
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 03/2011
- Data as of
- 06/2022
- EIN
- 27-3309123
Organization Overview
The Simon Charitable Foundation is located in Santa Fe, NM. The organization was established in 2011. 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 Charitable Foundation 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 06/2022, Simon Charitable Foundation generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Simon Charitable Foundation has awarded 67 individual grants totaling $1,680,548. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIMON SCHOLARS PROGRAM - AWARDS SCHOLARSHIPS AND MAINTAINS SUPPORTIVE PROGRAMS WITH DIRECT AND CONTINUING INTERACTION TO ENABLE CAPABLE AND QUALIFIED STUDENTS FROM UNDER-SERVED COMMUNITIES TO ADVANCE THEMSELVES THROUGH EDUCATION,
GRANT MAKING - CHARITABLE GRANT MAKING TO ESTABLISHED PUBLIC CHARITIES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 509(A) FOR THE SUPPORT AND/OR IMPLEMENTATION OF PROGRAMS AND ACTIVITIES DESIGNED TO FURTHER THE FOUNDATION'S BROAD PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Simon Executive Chairman Of The Board | 40 | $265,000 | |
Melynn Schuyler Vice President & Treasurer | 2 | $0 | |
Alan Marks Secretary & Assistant Trea | 8 | $50,559 | |
Victoria Mora Assistant Secretary | 2 | $0 | |
Elisha Nash Executive Director | 40 | $130,531 | |
Susan Talkington Chief Operating Officer | 40 | $111,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,735,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,747,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $265,000 |
| Other employee salaries and wages | $379,014 |
| Pension plans, employee benefits | $137,355 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $2,416 |
| Occupancy | $33,918 |
| Travel, conferences, and meetings | $8,910 |
| Printing and publications | $0 |
| Other expenses | $469,382 |
| Total operating and administrative expenses | $1,378,752 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $1,478,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,927 |
| Savings and temporary cash investments | $877,906 |
| 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 | $216,679 |
| Net Land, buildings, and equipment | $7,408 |
| Other assets | $9,361 |
| Total assets | $1,542,464 |
| Accounts payable and accrued expenses | $34,179 |
| 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 | $55,000 |
| Total liabilities | $89,179 |
Grants Awarded
Over the last fiscal year, The Simon Charitable Foundation has awarded $100,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THINK NEW MEXICO PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $25,000 |
CENTER FOR SOUTHWEST CULTURE PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $5,000 |
YOUTH WORKS PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $55,000 |
UNITED WORLD COLLEGE PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $5,000 |
READING QUEST PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $5,000 |
COLLEGE AND CAREER PLAZA PURPOSE: SUPPORT CHARITABLE ORGANIZATION | $5,000 |