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Filing year 2024

THE SIMSMAES FOUNDATION INC

Boston, Massachusetts·EIN 68-0575207·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$268k
Total assets
$33.7M
Total expenses
$1.5M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE SIMSMAES FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President/clerk/director
Assistant Clerk
Treasurer/director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.4M

Itemized grants

40

Median grant

$1k

RecipientLocationPurposeAmount
SCHWAB CHARITABLE FUNDSAN FRANCISCO, CAGENERAL PURPOSES$1.3M
MASSACHUSETTS INSTITUTE OF TECHNOLOGYCAMBRIDGE, MAGENERAL PURPOSES$51k
TRUSTEES OF TUFTS COLLEGE (DBA TUFTS UNIVERSITY)SOMERVILLE, MAGENERAL PURPOSES$10k
350 ORGCAMBRIDGE, MAGENERAL PURPOSES$3k
DANA FARBER CANCER INSTITUTEBOSTON, MAGENERAL PURPOSES$3k
AMERICAN RED CROSSWASHINGTON, DCGENERAL PURPOSES$2k
DOCTORS WITHOUT BORDERSNEW YORK, NYGENERAL PURPOSES$2k
LA COLABORATIVACHELSEA, MAGENERAL PURPOSES$2k
NATIONAL RESOURCES DEFENSE COUNCIL INCNEW YORK, NYGENERAL PURPOSES$2k
PATHFINDER INTERNATIONALWATERTOWN, MAGENERAL PURPOSES$2k
PLANNED PARENTHOOD LEAGUE OF MASSACHUSETTSBOSTON, MAGENERAL PURPOSES$2k
ROSIES PLACEBOSTON, MAGENERAL PURPOSES$2k
SIERRA CLUB FOUNDATIONOAKLAND, CAGENERAL PURPOSES$2k
THE NATURE CONSERVANCYBOSTON, MAGENERAL PURPOSES$2k
TRUSTEES OF RESERVATIONSBEVERLY, MAGENERAL PURPOSES$2k
UNION OF CONCERNED SCIENTISTSCAMBRIDGE, MAGENERAL PURPOSES$2k
WORLD RESOURCES INSTITUTEWASHINGTON, DCGENERAL PURPOSES$2k
ANIMAL RESCUE LEAGUEBOSTON, MAGENERAL PURPOSES$1k
BERKLEE COLLEGE OF MUSICBOSTON, MAGENERAL PURPOSES$1k
COLLEGE OF THE ATLANTICBAR HARBOR, MEGENERAL PURPOSES$1k
FOOD FOR FREE COMMITTEE INCCAMBRIDGE, MAGENERAL PURPOSES$1k
GAINING GROUND INCCONCORD, MAGENERAL PURPOSES$1k
HEALTH STORY COLLABORATIVECAMBRIDGE, MAGENERAL PURPOSES$1k
INSTITUTE OF CONTEMPORARY ARTBOSTONBOSTON, MAGENERAL PURPOSES$1k
MAINE COAST HERITAGE TRUSTTOPSHAM, MEGENERAL PURPOSES$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE SIMSMAES FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$922k
$1.4M
2023
$268k
$1.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

THE SIMSMAES FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about THE SIMSMAES FOUNDATION INC

What are THE SIMSMAES FOUNDATION INC's revenue and expenses?

In 2024, THE SIMSMAES FOUNDATION INC reported $268k in total revenue and $1.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.