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Simran Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $980K. Annual income is reported at $141K. Total assets have grown from $758K in 2020 to $984K in 2023. The foundation is governed by 3 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 2021 to 2023. According to available records, Simran Foundation has made 15 grants totaling $45K, with a median grant of $3K. Annual giving has decreased from $16K in 2021 to $9K in 2023. Grantmaking activity was highest in 2022 with $20K distributed across 8 grants. Individual grants have ranged from $1K to $5K, with an average award of $3K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Illinois, Florida, New York, which account for 73% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
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.
Simran Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in IL, FL, NY.
Simran Foundation has distributed a total of $45K across 15 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $1K to $5K.
Simran Foundation typically selects its grantees rather than accepting unsolicited proposals.
Simran Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Neeta Singh | Dir, Treas, VP | $0 | $0 | N/A |
| Sonal Simran Singh | Dir, Sec, VP | $0 | $0 | N/A |
| Arvind J Singh | Dir, Pres | $0 | $0 | N/A |
Total Giving
$25K
Total Assets
$984K
Fair Market Value
$1M
Net Worth
$984K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$47K
Total Grants
15
Total Giving
$45K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Neurobehavioral Health MauiElumina Maui FUND | Kula, HI | $5K | 2023 |
| A EstelaHardship Assistance Grant | Waukegan, IL | $2K | 2023 |
| K C AlbanHardship Assistance Grant | Aventura, FL | $2K | 2023 |
| Miami City Ballet IncTowards scholarship fund to support International students at MCB | Miami Beach, FL | $5K | 2022 |
| Advocate Charitable FoundationTo support the Team Member Resiliency Fund at Condell | Downers Grove, IL | $3K | 2022 |
| Global Spiritual Organization IncTowards the purchase and installation of a chairlift for seniors at the Rockford Gurudwara | Rockford, IL | $2K | 2022 |
| The Ucla FoundationTowards Price Center for Entrepreneurship and Innovation | Pasadena, CA | $1K | 2022 |
| V SaduHardship Assistance Grant | Chicago, IL | $5K | 2021 |
| American India FoundationGeneral & Unrestricted | New York, NY | $5K | 2021 |
| Illinois Institute Of TechnologyFor the Kaplan Institute for Innovation and Tech Entrepreneurship | Chicago, IL | $5K | 2021 |