Simon Family Philanthropic Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 20-3448167

Simon Family Philanthropic Foundation Inc is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2024. In 2024, it awarded 7 grants totaling $193K. Net investment income was $58K.

Key facts about Simon Family Philanthropic Foundation Inc

In short: Simon Family Philanthropic Foundation Inc gave $193K across 7 grants in 2024 (avg $28K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
20-3448167
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$193,048
Grants made (2024)
7
Average grant
$27,578
Median grant
$10,000
Primary geography
California (60% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$193K

+108.8% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$28K

+138.6% YoY

Under IRS private-foundation payout rules, Simon Family Philanthropic Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

How Simon Family Philanthropic Foundation Inc gives

  • Giving grew 302% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

CambridgeMalibuBostonNew YorkSan FranciscoSanta CruzSan RafaelBrooklynPasadenaWashingtonArlingtonAshlandBaltimoreChicagoFairfaxFalls ChurchHanoverHeraldHoustonIslesford

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K28 grants2019 11 grants2020 5 grants2021 5 grants2022 8 grants2023 7 grants2024

From 2019 to 2024, annual grant giving ranged from $22K (2020) to $193K (2024). In 2024 it made 7 grants totaling $193K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Multidisciplinary Assoc for Psychedelic Studies: $100KMultidisciplinary Assoc forPsychedelic Studies$100KFidelity Investments Charitable Gift Fund: $67KFidelity InvestmentsCharitable Gift Fund$67KCreative Visions Foundation: $10KCreative Visions Foundation$10KPanorama Global: $10KPanorama Global$10KHoffman Institute Foundation: $5KHoffman Institute Foundation$5KAshley Bryan Center: $1KAshley Bryan Center$1KHope and Healing Center & Institute: $250Hope and Healing Center &Institute$250

The largest 2024 recipient was Multidisciplinary Assoc for Psychedelic Studies ($100K). Together the top 7 received $193K.

Grant Size Distribution

36 grants across all recorded years

33<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 36 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Multidisciplinary Assoc for Psychedelic Studies Pasadena, CAGeneral & Unrestricted (see in-kind grant general explanation statement)$100,000
Fidelity Investments Charitable Gift Fund Boston, MAGeneral & Unrestricted$66,798
Creative Visions Foundation Malibu, CAOptimist fund$10,000
Panorama Global Seattle, WAto support Psychedelic Health Equity Initiative (PHEI)$10,000
Hoffman Institute Foundation San Rafael, CAGeneral & Unrestricted$5,000
Ashley Bryan Center Islesford, MEGeneral & Unrestricted$1,000
Hope and Healing Center & Institute Houston, TXGeneral & Unrestricted$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$144,158$175,112
Revenue$78,859$152,303$707
Expenses$223,217$183,257$131,043
Qualifying Distributions$222,016$183,257$128,443
Net Investment Income$58,297$2,303$707
Distributable Amount$7,416$8,995$10,032

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 11, 2020)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Simon Family Philanthropic Foundation Inc is led by Richard Simon, President, Director & Secretary on every filing since 2019; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard Simon

    President, Director & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alexander M Simon

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Benjamin J Simon

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kathryn W Simon

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Patricia M Simon

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Simon Family Philanthropic Foundation Inc

How much does Simon Family Philanthropic Foundation Inc give each year?

Simon Family Philanthropic Foundation Inc gave $193K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $92K across 8 grants.

What is Simon Family Philanthropic Foundation Inc's typical grant size?

Simon Family Philanthropic Foundation Inc's median grant in 2024 was $10,000, and its average grant was $27,578, across 7 grants on its 2024 IRS Form 990-PF.

Where does Simon Family Philanthropic Foundation Inc give grants?

Simon Family Philanthropic Foundation Inc gives mostly in California: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (35%) and Washington (5%).

Does Simon Family Philanthropic Foundation Inc give general operating support?

Yes: 71% of Simon Family Philanthropic Foundation Inc's 2024 grants with a stated purpose (5 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Simon Family Philanthropic Foundation Inc's largest grantees?

Simon Family Philanthropic Foundation Inc's largest 2024 grantees include Multidisciplinary Assoc for Psychedelic Studies ($100,000), Fidelity Investments Charitable Gift Fund ($66,798) and Creative Visions Foundation ($10,000), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.

How much is Simon Family Philanthropic Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Simon Family Philanthropic Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Simon Family Philanthropic Foundation Inc's EIN?

Simon Family Philanthropic Foundation Inc's EIN (Employer Identification Number) is 20-3448167. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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