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Kh Simpson Foundation Inc. is a private corporation based in WILMINGTON, NC. The foundation received its IRS ruling in 2020. It holds total assets of $5M. Annual income is reported at $920K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Kh Simpson Foundation Inc. has made 2 grants totaling $100K, with a median grant of $50K. Individual grants have ranged from $25K to $75K, with an average award of $50K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$30K
Median Grant
$50K
Average Grant
$42K
Largest Grant
$50K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Kh Simpson Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NC.
Kh Simpson Foundation Inc. has distributed a total of $100K across 2 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $25K to $75K.
Kh Simpson Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kh Simpson Foundation Inc. is headquartered in WILMINGTON, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hazel Claire Efird | CO-TRUSTEE | $0 | $0 | N/A |
| Katharine E Sullivan | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$254K
Total Assets
$4.9M
Fair Market Value
$5.2M
Net Worth
$4.9M
Grants Paid
$225K
Contributions
N/A
Net Investment Income
$54K
Distribution Amount
$238K
Total: $4.8M
Total Grants
2
Total Giving
$100K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
2
Most Common Grant
$75K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ Community Church MontreatCONSTRUCTION OF A BUILDING IN BLACK MOUNTAIN FOR YOUTH GROUPS, BIBLE STUDY AND COMMUNITY OUTREACH | Montreat, NC | $75K | 2022 |
| The Salvation Army Of Cape FearBUILD HOPE CAMPAIGN | Charlotte, NC | $25K | 2022 |