The Simsmaes Foundation Inc

BOSTON, MA EIN: 68-0575207

The Simsmaes Foundation Inc is a private family foundation based in Boston, Massachusetts. Established in 2003, it operates as a 501(c)(3) organization and functions as a grantmaking entity supporting nonprofit work across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$33.7M

+1.8% YoY

Annual Giving

$1.4M

+0.8% YoY

Grant Count

40

-2.4% YoY

Avg Grant Size

$36K

+3.3% YoY

Under IRS private-foundation payout rules, The Simsmaes Foundation Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

  • Arts
  • Environment
  • Education
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

Within education, the foundation has demonstrated particular interest in science education, STEM education, and community and school gardens.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on:

  • Massachusetts
  • Maine
  • New York

Grant Distribution by State

9states
+1 more states

Cities

AshevilleBar HarborBeverlyBostonCambridgeCamdenChappaquaChelseaConcordGlen CoveIthacaLincolnNeedhamNew YorkOaklandOberlinPortlandRocklandSan FranciscoSomerville

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $33,680,436
  • Total Annual Giving: $1,425,181
  • Most Recent Tax Filing: 2024
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$429K$858K$1M$2M20202021202220232024
Metric202420232022
Total Assets$33,680,436$33,094,834$23,660,960
Revenue$268,459$922,247$228,684
Expenses$1,452,391$1,422,958$1,559,883
Qualifying Distributions$1,427,431$1,416,650$1,554,391
Net Investment Income$297,737$934,343$261,151
Distributable Amount$1,664,260$1,440,536$1,399,903

Giving Over Time

Total grant dollars and number of grants per year

$0$388K$776K$1M$2M45 grants202044 grants202142 grants202241 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SCHWAB CHARITABLE FUND$1.3MMASSACHUSETTS INSTITUTE …$51KTRUSTEES OF TUFTS COLLEG…$10K350 ORG$3KDANA FARBER CANCER INSTI…$3KAMERICAN RED CROSS$2KDOCTORS WITHOUT BORDERS$2KLA COLABORATIVA$2KNATIONAL RESOURCES DEFEN…$2KPATHFINDER INTERNATIONAL$2K

Grant Size Distribution

212 grants across all recorded years

202<$50K5$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Schwab Charitable Fund ($1,313,181), Massachusetts Institute of Technology ($51,000), Trustees of Tufts College (dba Tufts University) ($10,000).

RecipientPurposeAmount
350 ORG CAMBRIDGE, MAGENERAL PURPOSES$3,000
AMERICAN RED CROSS WASHINGTON, DCGENERAL PURPOSES$2,000
ANIMAL RESCUE LEAGUE BOSTON, MAGENERAL PURPOSES$1,000
BERKLEE COLLEGE OF MUSIC BOSTON, MAGENERAL PURPOSES$1,000
COLLEGE OF THE ATLANTIC BAR HARBOR, MEGENERAL PURPOSES$1,000
COMMUNITY ART CENTER CAMBRIDGE, MAGENERAL PURPOSES$500
DANA FARBER CANCER INSTITUTE BOSTON, MAGENERAL PURPOSES$3,000
DOCTORS WITHOUT BORDERS NEW YORK, NYGENERAL PURPOSES$2,000
FAIR VOTE TAKOMA PARK, MDGENERAL PURPOSES$500
FIRST CONGREGATIONAL CHURCH OF CAMDEN CAMDEN, MEGENERAL PURPOSES$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KARL SIMSPRESIDENT/CLERK/DIRECTOR0.5
PATRICIA MAESTREASURER/DIRECTOR0.5
M MOLLY KIMASSISTANT CLERK0.5

Contact Information

Address: c/o EisnerAmper, 160 Federal Street, Boston, MA 02110

Telephone: 617-227-6161

EIN: 68-0575207

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Simsmaes Foundation Inc fund?

The foundation's giving priorities include: • Arts • Environment • Education • Human Services • Philanthropy, Voluntarism & Grantmaking Within education, the foundation has demonstrated particular interest in science education, STEM education, and community and school gardens.

How do I apply for a grant from The Simsmaes Foundation Inc?

**Grant Amounts:** Typical awards range from $396 to $1,420,000. **Annual Giving:** Total giving of $1,425,181 based on the most recent IRS Form 990 filing (2024). **Giving Structure:** The foundation provides grants primarily to a donor-advised fund, in addition to direct grants to nonprofit organizations.

Where does The Simsmaes Foundation Inc make grants?

The foundation's grantmaking focuses primarily on: • Massachusetts • Maine • New York

What size grants does The Simsmaes Foundation Inc award?

In 2024, The Simsmaes Foundation Inc awarded 40 grants totaling $1.4M — an average of about $36K per grant, based on its IRS Form 990 filings.

How much is The Simsmaes Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Simsmaes Foundation Inc reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Simsmaes Foundation Inc's EIN?

The Simsmaes Foundation Inc's EIN (Employer Identification Number) is 68-0575207. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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