Simionescu Scholarship Foundation
Simionescu Scholarship Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 12 grants totaling $120K. Net investment income was $135K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-0.1% YoY
Annual Giving
$120K
-9.8% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$10K
-2.3% YoY
Under IRS private-foundation payout rules, Simionescu Scholarship Foundation reported a distributable amount of $179K for 2024 — the minimum it must pay out in qualifying distributions.
About Simionescu Scholarship Foundation
Based on IRS filings
Simionescu Scholarship Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 12 grants totaling $120K. Net investment income was $135K.
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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 | $2,921,370 | $2,924,139 | $2,936,777 |
| Revenue | $159,660 | $168,351 | $105,708 |
| Expenses | $162,441 | $180,978 | $180,721 |
| Qualifying Distributions | $138,607 | $154,639 | $155,650 |
| Net Investment Income | $135,324 | $146,052 | $94,424 |
| Distributable Amount | $179,347 | $110,429 | $169,859 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rutgers University ($31,500), University of Connecticut ($11,500), Cornell University ($11,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MIAMI UNIVERSITY OXFORD, OH | SCHOLARSHIPS | $5,000 |
| THE COLLEGE OF NEW JERSEY EWING, NJ | EDUCATIONAL | $5,000 |
| ASSUMPTION UNIVERSITY WORCESTER, MA | SCHOLARSHIPS | $10,000 |
| UNIVERSITY OF CONNECTICUT STORRS, CT | SCHOLARSHIPS | $11,500 |
| CORNELL UNIVERSITY ITHACA, NY | SCHOLARSHIPS | $11,500 |
| FAIRLEIGH DICKINSON UNIVERSITY TEANECK, NJ | SCHOLARSHIPS | $10,000 |
| SAINT ELIZABETH UNIVERSITY MORRISTOWN, NJ | SCHOLARSHIPS | $5,000 |
| RUTGERS UNIVERSITY NEW BRUNSWICK, NJ | SCHOLARSHIPS | $31,500 |
| PENN STATE UNIVERSITY ABINGTON, PA | SCHOLARSHIPS | $5,000 |
| MONTCLAIR STATE UNIVERSITY MONTCLAIR, NJ | SCHOLARSHIPS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | CO-TRUSTEE | 1 | $28,128 |
| DERMOTT DOYLE | CO-TRUSTEE | 1 | $7,500 |
| JAMES MONTESANO PRINCIPAL | CO-TRUSTEE | 1 | — |
| TALIN YOUNG DIRECTOR OF GUIDANCE | CO-TRUSTEE | 1 | — |
| CLAIRE J LAVACHE-MACKEY FACULTY | CO-TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Simionescu Scholarship Foundation?
As of 2024, Simionescu Scholarship Foundation holds $2.9M in total assets with $160K in annual revenue. It awarded 12 grants totaling $120K in 2024.
Where does Simionescu Scholarship Foundation operate?
Simionescu Scholarship Foundation has awarded grants in Connecticut, Delaware, Massachusetts, Maryland, Maine, Michigan, New Jersey, New York, Ohio, Pennsylvania, Rhode Island.
What size grants does Simionescu Scholarship Foundation award?
In 2024, Simionescu Scholarship Foundation awarded 12 grants totaling $120K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Simionescu Scholarship Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Simionescu Scholarship Foundation reported a distributable amount of $179K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Simionescu Scholarship Foundation's EIN?
Simionescu Scholarship Foundation's EIN (Employer Identification Number) is 22-2878206. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Simionescu Scholarship Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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