Simon Family Philanthropic Foundation Inc
Simon Family Philanthropic Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $193K. Net investment income was $58K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
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.
About Simon Family Philanthropic Foundation Inc
Based on IRS filings
Simon Family Philanthropic Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $193K. Net investment income was $58K.
Focus Areas
Ready to take the next step with Simon Family Philanthropic Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Multidisciplinary Assoc for Psychedelic Studies ($100,000), Fidelity Investments Charitable Gift Fund ($66,798), Creative Visions Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASHLEY BRYAN CENTER ISLESFORD, ME | General & Unrestricted | $1,000 |
| CREATIVE VISIONS FOUNDATION MALIBU, CA | Optimist fund | $10,000 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | General & Unrestricted | $66,798 |
| HOFFMAN INSTITUTE FOUNDATION SAN RAFAEL, CA | General & Unrestricted | $5,000 |
| HOPE AND HEALING CENTER & INSTITUTE HOUSTON, TX | General & Unrestricted | $250 |
| MULTIDISCIPLINARY ASSOC FOR PSYCHEDELIC STUDIES PASADENA, CA | General & Unrestricted (see in-kind grant general explanation statement) | $100,000 |
| PANORAMA GLOBAL SEATTLE, WA | to support Psychedelic Health Equity Initiative (PHEI) | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alexander M Simon | VP | 1 | — |
| Benjamin J Simon | VP | 1 | — |
| Kathryn W Simon | VP | 1 | — |
| Patricia M Simon | VP | 1 | — |
| Richard Simon | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Simon Family Philanthropic Foundation Inc?
Simon Family Philanthropic Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2024.
Where does Simon Family Philanthropic Foundation Inc operate?
Simon Family Philanthropic Foundation Inc has awarded grants in California, Illinois, Massachusetts, Maryland, Maine, North Carolina, New York, Texas, Virginia, Washington.
What size grants does Simon Family Philanthropic Foundation Inc award?
In 2024, Simon Family Philanthropic Foundation Inc awarded 7 grants totaling $193K — an average of about $28K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Simon Family Philanthropic Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Simon Family Philanthropic Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Simon Family Philanthropic Foundation Inc to a real strategy.