Richard L and Mary-ann B Simon

COTTONWOOD HEIGHTS, UT EIN: 27-3728375

Richard L and Mary-ann B Simon is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COTTONWOOD HEIGHTS, UT. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $163K. Net investment income was $36K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$163K

+6420.0% YoY

Grant Count

+300.0% YoY

Avg Grant Size

$41K

+1530.0% YoY

Under IRS private-foundation payout rules, Richard L and Mary-ann B Simon reported a distributable amount of $6K for 2021 — the minimum it must pay out in qualifying distributions.

About Richard L and Mary-ann B Simon

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $100K (60%)

California $57K (34%)

Utah $9K (5%)

States

California Michigan Utah

Cities

ClaremontHillsdaleSalt Lake CitySan Diego

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$139,747
Revenue	$37,630	$6,718
Expenses	$177,377	$5,988
Qualifying Distributions	$163,000	—
Net Investment Income	$35,935	$6,530
Distributable Amount	$5,958	$6,622

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2021

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Hillsdale College ($100,000), San Diego Psychoanalytic Center ($55,000), Fiction Collective Inc ($6,000).

Recipient	Purpose	Amount
FICTION COLLECTIVE INC SALT LAKE CITY, UT	INTERNSHIPS	$6,000
SAN DIEGO PSYCHOANALYTIC CENTER SAN DIEGO, CA	INTERNSHIPS	$55,000
HILLSDALE COLLEGE HILLSDALE, MI	INTERNSHIPS	$100,000
CLAREMONT INSTITUTE FOR PROCESS STUDIES CLAREMONT, CA	INTERNSHIPS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
MARY-ANN B SIMON	President	1	—
RICHARD L SIMON	Treasurer	1	—
TASHA D HATTON	Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Richard L and Mary-ann B Simon?

Richard L and Mary-ann B Simon is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COTTONWOOD HEIGHTS, UT. It holds — in total assets as of 2021.

Where does Richard L and Mary-ann B Simon operate?

Richard L and Mary-ann B Simon has awarded grants in California, Michigan, Utah.

What size grants does Richard L and Mary-ann B Simon award?

In 2021, Richard L and Mary-ann B Simon awarded 4 grants totaling $163K — an average of about $41K per grant, based on its IRS Form 990 filings.

How much is Richard L and Mary-ann B Simon required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Richard L and Mary-ann B Simon reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard L and Mary-ann B Simon's EIN?

Richard L and Mary-ann B Simon's EIN (Employer Identification Number) is 27-3728375. IRS Form 990 filing data is available on this page for 2020–2021.