Robert W And Geraldine Simmer Foundation
- Assets
- $1.5m
- Revenue
- $96.1k
- Investments
- $1.4m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 90-0817431
Organization Overview
Robert W And Geraldine Simmer Foundation is located in Houston, TX. The organization was established in 2012. 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. Robert W And Geraldine Simmer 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 12/2022, Robert W And Geraldine Simmer Foundation generated $96.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $146.1k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 6 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 2016, Robert W And Geraldine Simmer Foundation has awarded 39 individual grants totaling $491,273. 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 |
|---|---|---|---|
Randy M Lewis Trustee | 1 | $2,500 | |
Jennie Zoe Switzer Trustee | 1 | $2,500 | |
Cadence Trust Corp Trustee | 2 | $29,865 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,892 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,084 |
| Capital Gain Net Income | $38,084 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,102 |
| Total Revenue | $96,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,866 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $38,366 |
| Contributions, gifts, grants paid | $107,757 |
| Total expenses and disbursements | $146,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,873 |
| 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 | $430,607 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,458,235 |
| 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, Robert W And Geraldine Simmer Foundation has awarded $107,757 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON LIVESTOCK & RODEO INC PURPOSE: CHARITY AND EDUCATIONAL | $20,000 |
RICHMOND STATE SUPPORTED LIVING CENTER PURPOSE: CHARITY AND EDUCATIONAL | $20,000 |
HLSR SCHOOL ART AUCTION PURPOSE: CHARITY AND EDUCATIONAL | $30,000 |
PARKS YOUTH RANCH INC PURPOSE: CHARITY | $25,000 |
GIGIS PLAYHOUSE PURPOSE: CHARITY & EDUCATIONAL | $12,757 |