Is David E Simon & Jacqueline S Simon…

Quick charity verification for David E Simon & Jacqueline S Simon Charitable Foundation (EIN: 141859319)

Strengths

Consistent 0% officer compensation, indicating high efficiency and dedication.
Minimal liabilities ($0 or $1 across most filings), demonstrating strong financial management and low debt.
Significant asset growth from $470,578 in 2011 to $56,967,217 in 2023, providing a robust base for grantmaking.
Active grantmaking, with expenses often exceeding annual revenue in recent years (e.g., $8,016,331 expenses vs. $2,438,463 revenue in 2023), showing commitment to deploying funds.
High transparency due to clear financial reporting and lack of executive compensation.

Spending Breakdown

How David E Simon & Jacqueline S Simon Charitable Foundation allocates its funds across programs, administration, and fundraising.

100%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about David E Simon & Jacqueline S Simon Charitable Foundation

Is David E Simon & Jacqueline S Simon Charitable Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, David E Simon & Jacqueline S Simon Charitable Foundation (EIN: 141859319) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is David E Simon & Jacqueline S Simon Charitable Foundation a good charity to donate to?

David E Simon & Jacqueline S Simon Charitable Foundation has a Mission Score of 95/100. Revenue: $22.5M. Assets: $53.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for David E Simon & Jacqueline S Simon Charitable Foundation?

The Employer Identification Number (EIN) for David E Simon & Jacqueline S Simon Charitable Foundation is 141859319. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does David E Simon & Jacqueline S Simon Charitable Foundation spend its money?

David E Simon & Jacqueline S Simon Charitable Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify David E Simon & Jacqueline S Simon Charitable Foundation's tax-exempt status?

You can verify David E Simon & Jacqueline S Simon Charitable Foundation's tax-exempt status using EIN 141859319 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The David E Simon & Jacqueline S Simon Charitable Foundation appears to be a well-managed private foundation with a strong focus on program spending. Over its filing history, the organization consistently reports 0% officer compensation, indicating that its leadership is likely unpaid, which is a positive sign for donor confidence and resource allocation directly to its mission. The foundation's assets have grown significantly over time, from $470,578 in 2011 to $56,967,217 in 2023, demonstrating robust financial growth and endowment building. While revenue and expenses fluctuate, typical for foundations that make grants, the consistent low liabilities (often $1 or $0) suggest excellent financial stewardship and minimal debt burden.

In recent years, the foundation has shown a pattern of distributing more in grants (expenses) than it receives in revenue, particularly in 2023 ($8,016,331 expenses vs. $2,438,463 revenue) and 2022 ($4,940,909 expenses vs. $1,641,869 revenue). This indicates active grantmaking, drawing from its substantial asset base to fulfill its charitable purpose. The NTEE code T20 suggests it is a private grantmaking foundation, which aligns with its operational pattern. The lack of officer compensation and minimal liabilities contribute to a high degree of financial transparency and efficiency, as resources are not diverted to administrative overhead in the form of salaries or debt servicing.

Overall, the foundation exhibits strong financial health, efficient spending with a clear program focus (as a grantmaker, its 'programs' are its grants), and high transparency due to its consistent 0% officer compensation and minimal liabilities. Its substantial and growing asset base provides a solid foundation for future charitable activities, even during periods where expenses exceed annual revenue, as it can draw from its endowment.

Is David E Simon & Jacqueline S Simon Charitable Foundation Legit?

Verdict: David E Simon & Jacqueline S Simon Charitable Foundation appears trustworthy