Simbat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.3M in total assets. In 2024, it awarded 5 grants totaling $668K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.3M
+12.1% YoY
Annual Giving
$668K
-5.9% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$134K
-5.9% YoY
About Simbat Foundation
Based on IRS filings
Simbat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.3M in total assets. In 2024, it awarded 5 grants totaling $668K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,252,028 | $15,389,690 | $14,989,619 |
| Revenue | $1,132,581 | $1,022,804 | $1,167,208 |
| Expenses | $737,100 | $768,953 | $808,641 |
| Qualifying Distributions | $678,660 | $722,706 | $738,401 |
| Net Investment Income | $1,097,815 | $1,008,539 | $1,109,741 |
| Distributable Amount | $829,066 | $727,341 | $711,158 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GABRIEL NECHAMKIN | PRESIDENT | 1 | — |
| BETH NECHAMKIN | VICE PRESIDENT | 1 | — |
| JAY BRAUNSTEIN | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Grants
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Total Given
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Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
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Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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