Simpson Charitable Trust

Organization Overview

Simpson Charitable Trust is located in Abilene, TX. The organization was established in 1988. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Simpson Charitable Trust 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, Simpson Charitable Trust generated $302.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $165.2k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 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 2015, Simpson Charitable Trust has awarded 21 individual grants totaling $850,125. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT OF OTHER CHARITABLE ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO OTHER SPECIFIC TAX EXEMPT ORGANIZATIONS AS SPECIFIED BY THE LAST WILL AND TESTAMENT OF PAULINE B. SIMPSON.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $119,415
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $183,155
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $302,570

Grants Awarded

Over the last fiscal year, Simpson Charitable Trust has awarded $138,492 in support to 3 organizations.

Grant RecipientAmount

TEXAS A & M DEVELOPMENT

Org PageRecipient Profile

College Station, TX

PURPOSE: SCHOLARSHIPS

$69,246

HARMONY FAMILY SERVICES INC

Org PageRecipient Profile

Abilene, TX

PURPOSE: SCHOLARSHIPS

$34,623

CAL FARLEY'S BOYS RANCH

Org PageRecipient Profile

Amarillo, TX

PURPOSE: SCHOLARSHIPS

$34,623
View Grant Profile

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