The Katalina and Michael Simon Foundation
The Katalina and Michael Simon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $350K. Net investment income was $60K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-20.0% YoY
Annual Giving
$350K
+9.4% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$88K
+36.7% YoY
Under IRS private-foundation payout rules, The Katalina and Michael Simon Foundation reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.
About The Katalina and Michael Simon Foundation
Based on IRS filings
The Katalina and Michael Simon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $350K. Net investment income was $60K.
Focus Areas
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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 | $1,529,531 | $1,912,359 | $2,362,148 |
| Revenue | $64,293 | $-194,383 | $7,221 |
| Expenses | $368,336 | $334,191 | $566,823 |
| Qualifying Distributions | $363,415 | $329,366 | $566,723 |
| Net Investment Income | $60,172 | $249,101 | $7,221 |
| Distributable Amount | $95,783 | $86,633 | $108,235 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Notre Dame Du Lac ($225,000), Concord Academy ($50,000), University of Dayton ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARROLL SCHOOL CORP WAYLAND, MA | General & Unrestricted | $25,000 |
| CONCORD ACADEMY CONCORD, MA | to support the annual fund and to an unrestricted strategic gift | $50,000 |
| UNIVERSITY OF DAYTON DAYTON, OH | Human Rights Center | $50,000 |
| UNIVERSITY OF NOTRE DAME DU LAC NOTRE DAME, IN | General & Unrestricted | $225,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Simon | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Katalina and Michael Simon Foundation?
The Katalina and Michael Simon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.5M in total assets as of 2024.
How large is The Katalina and Michael Simon Foundation?
As of 2024, The Katalina and Michael Simon Foundation holds $1.5M in total assets with $64K in annual revenue. It awarded 4 grants totaling $350K in 2024.
Where does The Katalina and Michael Simon Foundation operate?
The Katalina and Michael Simon Foundation has awarded grants in Indiana, Massachusetts, Ohio.
What size grants does The Katalina and Michael Simon Foundation award?
In 2024, The Katalina and Michael Simon Foundation awarded 4 grants totaling $350K — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is The Katalina and Michael Simon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Katalina and Michael Simon Foundation reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Katalina and Michael Simon Foundation's EIN?
The Katalina and Michael Simon Foundation's EIN (Employer Identification Number) is 85-1620436. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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