Simpson Family Foundation Inc
- Assets
- $454.7k
- Revenue
- -$28.8k
- Investments
- $449.1k
- Employees
- 0
- Location
- Windermere, FL
- Founding
- 12/2005
- Data as of
- 12/2023
- EIN
- 41-2160896
Organization Overview
Simpson Family Foundation Inc is located in Windermere, FL. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simpson Family 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.
Since 2015, Simpson Family Foundation Inc has awarded 35 individual grants totaling $297,261. 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 |
|---|---|---|---|
Cheryl Simpson Director, Pr | 1 | $0 | |
Roseann Brittain Director | 0.5 | $0 | |
Ken Sebok Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,892 |
| Dividends & Interest | $7,441 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$39,171 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$28,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,084 |
| Contributions, gifts, grants paid | $26,500 |
| Total expenses and disbursements | $35,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,561 |
| Savings and temporary cash investments | $0 |
| 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 | $449,117 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $454,678 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Simpson Family Foundation Inc has awarded $26,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
EASTERN MENNONITE UNIVERSITY PURPOSE: SCHOLARSHIP TO PROMOTE CONT ED | $10,000 |
JAMES MADISON UNIVERSITY PURPOSE: SCHOLARSHIP TO PROMOTE CONTINUING ED | $10,000 |
MOUNTAIN GATEWAY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP TO PROMOTE CONTINUING ED | $1,500 |
LAKE WHITNEY ELEMENTARY PURPOSE: CLASSROOM MATERIALS AND SUPPLIES | $5,000 |