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Simionescu Scholarship Foundation For Hackensack High School Inc. is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1989. The principal officer is Bank Of America. It holds total assets of $2.9M. Annual income is reported at $906K. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New Jersey and Massachusetts. According to available records, Simionescu Scholarship Foundation For Hackensack High School Inc. has made 75 grants totaling $729K, with a median grant of $8K. Annual giving has decreased from $171K in 2020 to $133K in 2023. Grantmaking activity was highest in 2022 with $266K distributed across 32 grants. Individual grants have ranged from $5K to $33K, with an average award of $10K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in New Jersey, Massachusetts, Pennsylvania, which account for 79% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$33K
Based on 15 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.
Simionescu Scholarship Foundation For Hackensack High School Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 75 grants. Its grantmaking reaches organizations primarily in NJ, MA, PA.
Simionescu Scholarship Foundation For Hackensack High School Inc. has distributed a total of $729K across 75 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $5K to $33K.
Simionescu Scholarship Foundation For Hackensack High School Inc. typically selects its grantees rather than accepting unsolicited proposals.
Simionescu Scholarship Foundation For Hackensack High School Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | CO-TRUSTEE | $26K | $0 | $26K |
| Dermott Doyle | CO-TRUSTEE | $8K | $0 | $8K |
| James Montesano Principal | CO-TRUSTEE | $0 | $0 | N/A |
| Talin Young Director Of Guidance | CO-TRUSTEE | $0 | $0 | N/A |
| Claire J Lavache-Mackey Faculty | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$181K
Total Assets
$2.9M
Fair Market Value
$3.4M
Net Worth
$2.9M
Grants Paid
$133K
Contributions
N/A
Net Investment Income
$146K
Distribution Amount
$110K
Total Grants
75
Total Giving
$729K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
24
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rutgers UniversitySCHOLARSHIP | New Brunswick, NJ | $32K | 2023 |
| Cornell UniverstiySCHOLARSHIPS | Ithaca, NY | $12K | 2023 |
| Universtiy Of MichiganEDUCATIONAL | Annarbor, MI | $12K | 2023 |
| University Of ConnecticutSCHOLARSHIPS | Storrs, CT | $12K | 2023 |
| Montclair State UniversityEDUCATIONAL | Montclair, NJ | $12K | 2023 |
| George Mason UniversityEDUCATIONAL | Philadeplphia, PA | $10K | 2023 |
| Assumption UniversityEDUCATIONAL | Worcester, MA | $10K | 2023 |
| Fairleigh Dickinson UniversitySCHOLARSHIPS | Teaneck, NJ | $10K | 2023 |
| Boston UniversitySCHOLARSHIPS | Boston, MA | $5K | 2023 |
| Case Western Reserve UniversitySCHOLASRHIP | Cleveland, OH | $5K | 2023 |
| Saint Elizabeth UniversityEDUCATIONAL | Morristown, NJ | $5K | 2023 |
| Penn State UniversitySCHOLARSHIPS | Abington, PA | $5K | 2023 |
| Ramapo CollegeSCHOLARSHIPS | Mahwah, NJ | $5K | 2023 |
| Kean UniversityEDUCATIONAL | Union, NJ | $8K | 2022 |
| Wellesley CollegeSCHOLARSHIP | Wellesley, MA | $8K | 2022 |
| Delaware State UniversitySCHOLARSHIPS | Dover, DE | $8K | 2022 |
| Felician UniversitySCHOLARSHIPS | Hackensack, NJ | $8K | 2022 |
| Boston CollegeSCHOLARSHIP | Chestnut Hill, MA | $8K | 2022 |
| The College Of New JerseySCHOLARSHIPS | Edwing, NJ | $8K | 2022 |
| Johnson Wales UniversitySCHOLARSHIPS | Providence, RI | $15K | 2021 |
| University Of MarylandSCHOLARSHIPS | Princess Ann, MD | $13K | 2021 |