Herbert Simon Family Foundation

Organization Overview

Herbert Simon Family Foundation is located in Indianapolis, IN. The organization was established in 2014. 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. Herbert Simon Family 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, Herbert Simon Family Foundation generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $11.8m during the year ending 12/2021. While expenses have increased by 19.4% per year over the past 4 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, Herbert Simon Family Foundation has awarded 36 individual grants totaling $19,847,438. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,997,086
Interest on Savings $0
Dividends & Interest $925,430
Net Rental Income$0
Net Gain on Sale of Assets $5,773,738
Capital Gain Net Income $5,773,738
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $9,696,254

Grants Awarded

Over the last fiscal year, Herbert Simon Family Foundation has awarded $10,919,603 in support to 6 organizations.

Grant RecipientAmount

CENTRAL INDIANA COMMUNITY FOUNDATION INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: MAKING GRANTS TO CHARITABLE ORGANIZATIONS

$10,163,091

CENTRAL INDIANA COMMUNITY FOUNDATION INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: ROOTS TO READ

$506,512

JAKKS CARES FOUNDATION

PURPOSE: OPERATIONS

$100,000

KIRKUS PRIZE WINNER - CHRISTINA SOO

PURPOSE: KIRKUS PRIZE WINNER

$50,000

KIRKUS PRIZE WINNER - JOY WILLIAMS

PURPOSE: KIRKUS PRIZE WINNER

$50,000

KIRKUS PRIZE WINNER - BRIAN BROOME

PURPOSE: KIRKUS PRIZE WINNER

$50,000
View Grant Profile

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