Simon Family Philanthropic Foundation Inc
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.
Simon Family Philanthropic Foundation Inc at a glance
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.
- Annual giving (2024)
- $193,048
- +108.8% vs 2023
- Grants made (2024)
- 7
- -12.5% vs 2023
- Average grant
- $27,578
- +138.6% vs 2023
- Median grant
- $10,000
- Primary geography
- California (60% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Simon Family Philanthropic Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
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
The most common grant size was under $50K: 33 grants of 36 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $22K (2020) to $193K (2024). In 2024 it made 7 grants totaling $193K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Multidisciplinary Assoc for Psychedelic Studies Pasadena, CA | General & Unrestricted (see in-kind grant general explanation statement) | $100,000 |
| Fidelity Investments Charitable Gift Fund Boston, MA | General & Unrestricted | $66,798 |
| Creative Visions Foundation Malibu, CA | Optimist fund | $10,000 |
| Panorama Global Seattle, WA | to support Psychedelic Health Equity Initiative (PHEI) | $10,000 |
| Hoffman Institute Foundation San Rafael, CA | General & Unrestricted | $5,000 |
| Ashley Bryan Center Islesford, ME | General & Unrestricted | $1,000 |
| Hope and Healing Center & Institute Houston, TX | General & Unrestricted | $250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $78,859 | $223,217 | $193,048 | 7 | $222,016 | $58,297 | $7,416 |
| 2023 | $144,158 | $152,303 | $183,257 | $92,450 | 8 | $183,257 | $2,303 | $8,995 |
| 2022 | $175,112 | $707 | $131,043 | $52,000 | 5 | $128,443 | $707 | $10,032 |
| 2021 | $305,448 | $207,207 | $95,433 | $48,000 | 5 | $95,313 | $186,141 | $8,092 |
| 2020 | $193,674 | $1,211 | $69,282 | $22,225 | 11 | — | $1,211 | $10,454 |
| 2019 | $261,745 | $379,552 | $164,199 | $105,600 | 28 | — | $360,025 | — |
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.
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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 11, 2020)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Simon Family Philanthropic Foundation Inc funds
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