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Simpson Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1977. The principal officer is Bank Of America. It holds total assets of $794K. Annual income is reported at $180K. The foundation is governed by 1 officer or trustee. 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 2016 to 2024. Funding is distributed across 4 states, including Washington, Missouri, North Carolina. According to available records, Simpson Trust has made 13 grants totaling $106K, with a median grant of $9K. Annual giving has grown from $30K in 2021 to $36K in 2024. Grantmaking activity was highest in 2023 with $40K distributed across 4 grants. Individual grants have ranged from $4K to $14K, with an average award of $8K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in North Carolina, Missouri, Washington, which account for 69% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$16K
Based on 4 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.
Simpson Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NC, MO, WA.
Simpson Trust has distributed a total of $106K across 13 grants. The median grant size is $9K, with an average of $8K. Individual grants have ranged from $4K to $14K.
Simpson Trust typically selects its grantees rather than accepting unsolicited proposals.
Simpson Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $12K | $0 | $12K |
Total Giving
$51K
Total Assets
$781K
Fair Market Value
$947K
Net Worth
$781K
Grants Paid
$36K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$43K
Total Grants
13
Total Giving
$106K
Average Grant
$8K
Median Grant
$9K
Unique Recipients
5
Most Common Grant
$9K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Billy Graham Evangelistic AssocUNRESTRICTED GENERAL | Charlotte, NC | $13K | 2024 |
| Grace Lutheran ChurchUNRESTRICTED GENERAL | Vancouver, WA | $9K | 2024 |
| Lutheran ChurchUNRESTRICTED GENERAL | Saint Louis, MO | $9K | 2024 |
| Lutheran Bible TranslatorsUNRESTRICTED GENERAL | Aurora, IL | $6K | 2024 |
| Concordia CollegeUNRESTRICTED GENERAL | Portland, OR | $4K | 2021 |