Simone Charitable Foundation Inc
Simone Charitable Foundation Inc is a private 501(c)(3) grantmaking foundation established in August 2018 and based in Scottsdale, Arizona. The foundation was created to honor the legacy of Pat Michael Simone, an Arizona real estate investor and philanthropist who passed away in 2017 after a long battle with kidney disease. The foundation operates as a strategic, relationship-based philanthropy that distributes grants to preselected charitable organizations rather than accepting unsolicited applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$115.2M
+5.3% YoY
Annual Giving
$4.8M
-1.8% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$396K
-1.8% YoY
Mission & Focus Areas
The foundation focuses its grantmaking on:
- Healthcare, particularly kidney disease, Parkinson's disease, Alzheimer's disease, and cancer research
- Human services
- Youth development and early childhood programs
- Obesity prevention
- Nonprofit capacity building
Grantmaking
The foundation does not accept unsolicited applications and does not provide public contact information for grant applications. All grants are made at the discretion of the foundation's leadership to preselected organizations. The foundation does not have formal grant programs with specific application cycles.
Grant Range
$30,000 to $900,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's funding is concentrated primarily in Arizona, with select grants to organizations in:
- New York
- Illinois
- Florida
- Georgia
Specific cities where the foundation supports work include Phoenix, Scottsdale, Cave Creek, Tucson, Chicago, Atlanta, Miami, and Staten Island.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total assets: $109.4 million
- Total revenues: $6.6 million
- Total expenses: $8.9 million
- Total liabilities: $11.8 million
- Investment income and dividends: $1.5 million
As of Fiscal Year 2024:
- Total assets: $115.2 million
- Total giving: $4.8 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $115,229,907 | $109,446,188 | $110,014,873 |
| Revenue | $11,687,523 | $6,599,284 | $5,885,657 |
| Expenses | $8,316,424 | $8,876,064 | $9,200,673 |
| Qualifying Distributions | $5,130,208 | $5,215,377 | $5,433,185 |
| Net Investment Income | $4,402,693 | $3,287,352 | $3,434,227 |
| Distributable Amount | $4,652,659 | $5,120,850 | $5,195,424 |
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
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mark Grayson – President (full-time, compensation: $345,586)
- Curt Christensen – Treasurer (full-time, compensation: $183,598)
- John Kelly – Trustee
- James Geaves – Director (part-time, no compensation)
The foundation operates with 3 employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK GRAYSON | PRESIDENT | 40 | $359,414 |
| CURT CHRISTENSEN | TREASURER | 40 | $190,941 |
| JAMES GEAVES | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting disease-specific research and community programs. Recent grant announcements include funding for the Parkinson's Foundation to support critical research, genetic testing, and counseling initiatives, as well as continued support for the Barrow Neurological Institute's work with brain and spine conditions specialists.
Parkinson's Foundation Receives Grant to Fund Critical Research ...Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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