David E Simon & Jacqueline S Simon Charitable Foundation
David E Simon & Jacqueline S Simon Charitable Foundation consistently reports 0% officer compensation and minimal liabilities while growing assets to over $56 million.
EIN: 141859319 · Indianapolis, IN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.5M |
| Total Expenses | $8.0M |
| Program Spending | 100% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $57.0M |
| Transparency Score | 95/100 |
Is David E Simon & Jacqueline S Simon Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David E Simon & Jacqueline S Simon Charitable Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David E Simon & Jacqueline S Simon Charitable Foundation
David E Simon & Jacqueline S Simon Charitable Foundation (EIN: 141859319) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T20. The organization reported total revenue of $22.5M and total assets of $53.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David E Simon & Jacqueline S Simon Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David E Simon & Jacqueline S Simon Charitable Foundation is a large nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $8.0M |
| Surplus / Deficit | $-5,577,868 |
| Total Assets | $57.0M |
| Total Liabilities | $1 |
| Net Assets | $57.0M |
| Operating Margin | -228.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 85.3 months |
Financial Health Grade: B
In 2023, David E Simon & Jacqueline S Simon Charitable Foundation reported a deficit of $5.6M with expenses exceeding revenue, holds 85.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), David E Simon & Jacqueline S Simon Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.5% | +62.2% | -6.8% |
| 2022 | -64.5% | +54.0% | -7.1% |
| 2021 | -6.7% | +22.2% | +1.6% |
| 2020 | -35.1% | -12.0% | +3.4% |
| 2019 | +11.5% | -35.6% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates David E Simon & Jacqueline S Simon Charitable Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, David E Simon & Jacqueline S Simon Charitable Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is likely unpaid, which is highly commendable for a foundation of its size with assets exceeding $50 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for David E Simon & Jacqueline S Simon Charitable Foundation:
- 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.
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 legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does David E Simon & Jacqueline S Simon Charitable Foundation spend its money?
David E Simon & Jacqueline S Simon Charitable Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David E Simon & Jacqueline S Simon Charitable Foundation tax-deductible?
David E Simon & Jacqueline S Simon Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 141859319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the David E Simon & Jacqueline S Simon Charitable Foundation CEO make?
David E Simon & Jacqueline S Simon Charitable Foundation's highest-compensated officer earns $50 annually. The organization reported $22.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does David E Simon & Jacqueline S Simon Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), David E Simon & Jacqueline S Simon Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is David E Simon & Jacqueline S Simon Charitable Foundation located?
David E Simon & Jacqueline S Simon Charitable Foundation is headquartered in Indianapolis, Indiana and files with the IRS under EIN 141859319. It is classified under NTEE code T20.
How many years of IRS 990 filings does David E Simon & Jacqueline S Simon Charitable Foundation have?
David E Simon & Jacqueline S Simon Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.5M in total revenue.
Is the David E Simon & Jacqueline S Simon Charitable Foundation a good charity?
Based on the provided IRS 990 data, the foundation appears to be a very good charity. It consistently reports 0% officer compensation, has minimal liabilities, and has grown its assets significantly to over $56 million, indicating strong financial health and a commitment to its mission without high administrative overhead.
How does the foundation manage its finances?
The foundation manages its finances very conservatively, as evidenced by its consistent reporting of $0 or $1 in liabilities across all filings. It also maintains a substantial and growing asset base, from which it makes grants, sometimes exceeding annual revenue, demonstrating active deployment of its endowment for charitable purposes.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over time, increasing from $470,578 in 2011 to $56,967,217 in 2023, indicating successful investment and accumulation of resources for its charitable mission.
Filing History
IRS 990 filing history for David E Simon & Jacqueline S Simon Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David E Simon & Jacqueline S Simon Charitable Foundation's revenue has grown by 60.4%, moving from $1.5M to $2.4M. Total assets increased by 12005.8% over the same period, from $471K to $57.0M. Total functional expenses rose by 721.2%, from $976K to $8.0M. In its most recent filing year (2023), David E Simon & Jacqueline S Simon Charitable Foundation reported a deficit of $5.6M, with expenses exceeding revenue. The organization holds $1 in liabilities against $57.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $57.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $8.0M | $57.0M | $1 | — | View 990 |
| 2022 | $1.6M | $4.9M | $61.1M | $1 | — | View 990 |
| 2021 | $4.6M | $3.2M | $65.8M | $1 | — | View 990 |
| 2020 | $5.0M | $2.6M | $64.8M | $5K | — | — |
| 2019 | $7.6M | $3.0M | $62.7M | $860 | — | View 990 |
| 2015 | $6.8M | $4.6M | $52.9M | $0 | — | View 990 |
| 2014 | $50.8M | $3.7M | $51.0M | $0 | — | View 990 |
| 2013 | $4.1M | $1.1M | $4.0M | $0 | — | View 990 |
| 2012 | $1.6M | $968K | $1.1M | $0 | — | View 990 |
| 2011 | $1.5M | $976K | $471K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $8.0M, and assets of $57.0M (revenue +48.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $4.9M, and assets of $61.1M (revenue -64.5% year-over-year).
- 2021: Revenue of $4.6M, expenses of $3.2M, and assets of $65.8M (revenue -6.7% year-over-year).
- 2020: Revenue of $5.0M, expenses of $2.6M, and assets of $64.8M (revenue -35.1% year-over-year).
- 2019: Revenue of $7.6M, expenses of $3.0M, and assets of $62.7M (revenue +11.5% year-over-year).
- 2015: Revenue of $6.8M, expenses of $4.6M, and assets of $52.9M (revenue -86.5% year-over-year).
- 2014: Revenue of $50.8M, expenses of $3.7M, and assets of $51.0M (revenue +1138.7% year-over-year).
- 2013: Revenue of $4.1M, expenses of $1.1M, and assets of $4.0M (revenue +151.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $968K, and assets of $1.1M (revenue +7.2% year-over-year).
- 2011: Revenue of $1.5M, expenses of $976K, and assets of $471K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David E Simon & Jacqueline S Simon Charitable Foundation:
Data Sources and Methodology
This transparency report for David E Simon & Jacqueline S Simon Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.