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Simpkins Lee Foundation is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2017. The principal officer is C/O Andersen LLC. It holds total assets of $3.1M. Annual income is reported at $1.1M. The foundation is governed by 2 officers and trustees. Please note, the foundation is not involved in any directcharitable activities. Its primary purpose is to support bycontributions, other organizations exempt under internal revenue code section 501(c)(3). 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 New York. According to available records, Simpkins Lee Foundation has made 14 grants totaling $1.4M, with a median grant of $100K. Annual giving has grown from $260K in 2020 to $610K in 2023. Individual grants have ranged from $5K to $610K, with an average award of $102K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New York and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$34K
Largest Grant
$100K
Based on 4 grants from the most recent 990-PF filing.
Please note, the foundation is not involved in any directcharitable activities. Its primary purpose is to support bycontributions, other organizations exempt under internal revenue code section 501(c)(3).
Please note, the foundation is not involved in any directcharitable activities. Its primary purpose is to support bycontributions, other organizations exempt under internal revenue code section 501(c)(3). Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, MA.
Simpkins Lee Foundation has distributed a total of $1.4M across 14 grants. The median grant size is $100K, with an average of $102K. Individual grants have ranged from $5K to $610K.
Simpkins Lee Foundation typically selects its grantees rather than accepting unsolicited proposals.
Simpkins Lee Foundation is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Miyoung E Lee | SECRETARY & TREASURER | $0 | $0 | N/A |
| Neil P Simpkins | PRESIDENT | $0 | $0 | N/A |
Total Giving
$640K
Total Assets
$3.2M
Fair Market Value
$3.7M
Net Worth
$3.2M
Grants Paid
$610K
Contributions
N/A
Net Investment Income
$116K
Distribution Amount
$193K
Total: $3.1M
Total Grants
14
Total Giving
$1.4M
Average Grant
$102K
Median Grant
$100K
Unique Recipients
8
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various - Cash (See Statement)GENERAL CHARITABLE PURPOSES | Albany, NY | $610K | 2023 |
| Year UpGENERAL CHARITABLE PURPOSES | New York, NY | $100K | 2022 |
| Grace Church SchoolGENERAL CHARITABLE PURPOSES | New York, NY | $100K | 2022 |
| Southampton Hospital FoundationGENERAL CHARITABLE PURPOSES | Southampton, NY | $10K | 2022 |
| Museum Of Modern ArtGENERAL CHARITABLE PURPOSES | New York, NY | $20K | 2021 |
| Jeffrey Ahn Jr FellowshipGENERAL CHARITABLE PURPOSES | New York, NY | $5K | 2021 |
| Children'S Museum Of ManhattanGENERAL CHARITABLE PURPOSES | New York, NY | $100K | 2020 |
| The Dalton SchoolGENERAL CHARITABLE PURPOSES | New York, NY | $60K | 2020 |