Shimon Ben Joseph Foundation
- Assets
- $1.6b
- Revenue
- $39.9m
- Investments
- $1.4b
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 33-1114104
Organization Overview
Shimon Ben Joseph Foundation is located in San Francisco, CA. The organization was established in 2005. 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. Shimon Ben Joseph 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 12/2021, Shimon Ben Joseph Foundation generated $39.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $80.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Shimon Ben Joseph Foundation has awarded 1,935 individual grants totaling $547,221,486. 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 |
|---|---|---|---|
Barry Finestone President/ceo | 40 | $725,000 | |
Mary P Seabury CFO | 40 | $367,798 | |
Yonah Schiller Chief Research & Dev | 40 | $330,400 | |
Dawne Bear Novicoff Chief Operating Offi | 40 | $318,010 | |
Joshua Miller Chief Program Office | 40 | $248,880 | |
Stacie Cherner Director Of Learning | 40 | $211,565 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rvk Inc | 12/30/21 | $342,282 |
Vulcan Value Partners Llc | 12/30/21 | $328,907 |
Acadian Asset Management Llc | 12/30/21 | $280,884 |
Heidrick & Struggles Inc | 12/30/21 | $251,799 |
Rosov Consulting Llc | 12/30/21 | $205,022 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,113 |
| Dividends & Interest | $14,038,225 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,458,537 |
| Capital Gain Net Income | $106,686,575 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,387,130 |
| Total Revenue | $39,921,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,475,193 |
| Other employee salaries and wages | $2,907,113 |
| Pension plans, employee benefits | $781,882 |
| Interest | $0 |
| Taxes | $4,376,079 |
| Depreciation | $43,724 |
| Occupancy | $412,906 |
| Travel, conferences, and meetings | $79,172 |
| Printing and publications | $2,855 |
| Other expenses | $818,668 |
| Total operating and administrative expenses | $14,249,061 |
| Contributions, gifts, grants paid | $65,888,757 |
| Total expenses and disbursements | $80,137,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,323,729 |
| Net Accounts receivable | $65,535 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $6,414,113 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,570,029 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $552,111,793 |
| Net Land, buildings, and equipment | $101,540 |
| Other assets | $169,772,033 |
| Total assets | $1,592,283,787 |
| Accounts payable and accrued expenses | $2,163,370 |
| Grants payable | $61,741,122 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $14,054,024 |
| Total liabilities | $77,958,516 |
Grants Awarded
Over the last fiscal year, Shimon Ben Joseph Foundation has awarded $95,207,545 in support to 284 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $9,000,000 |
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $7,600,000 |
MOISHE HOUSE PURPOSE: CAPACITY BUILDING SUPPORT | $5,909,000 |
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $3,800,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $3,750,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $3,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shimon Ben Joseph Foundation has recieved totaling $21,114.
| Awarding Organization | Amount |
|---|---|
Jewish Federation Of San Diego County San Diego, CA PURPOSE: GENERAL ASSISTANCE | $10,557 |
Jewish Federation Of San Diego County San Diego, CA PURPOSE: GENERAL ASSISTANCE | $10,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $7,102,375,761 | $894,057,700 |
David And Lucile Packard Foundation Los Altos, CA | $0 | $658,614,112 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $0 | $528,454,632 |
Gerson Bakar Foundation San Francisco, CA | $2,671,857,395 | $1,929,752,035 |
Carl Victor Page Memorial Foundation Palo Alto, CA | $3,530,742,616 | $1,087,074,441 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $496,549,315 | $85,713,153 |
The Heising-Simons Foundation Los Altos, CA | $866,467,309 | $244,878,185 |
Bin Lin And Daisy Liu Family Foundation Fremont, CA | $227,760,848 | $146,668,013 |
Sequoia Climate Fund Irvine, CA | $47,430,446 | $181,073,206 |
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |