Herbert Simon Family Foundation
600 E 96th St Ste 510, Indianapolis, IN · IRS data through FY2023
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2023 | $13,477,682 | $13,662,671 | $22,985,763 |
| FY2022 | $7,831,017 | $11,096,244 | $22,224,980 |
| FY2021 | $9,696,254 | $11,758,260 | $26,075,189 |
| FY2020 | $2,275,416 | $9,722,409 | $29,667,278 |
| FY2019 | $13,771,060 | $8,244,334 | $37,230,813 |
| FY2015 | $4,680,087 | $5,790,662 | $31,893,343 |
| FY2014 | $14,603,877 | $5,448,632 | $33,263,122 |
| FY2013 | $31,501,735 | $2,433,667 | $27,403,244 |
Form 990 filings
The returns filed by Herbert Simon Family Foundation (EIN 38-3905454), including Form 990-PF PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $10,028,351 | 74% |
| Other revenue | $3,449,331 | 26% |
Grants paid
Total contributions, gifts and grants paid by year, as reported on Form 990-PF. Individual recipients are not published. See private foundations in IN. See the largest grantmakers.
| Tax year | Grants paid |
|---|---|
| FY2023 | $12,882,546 |
| FY2022 | $10,293,958 |
| FY2021 | $10,919,603 |
| FY2020 | $8,927,835 |
| FY2019 | $7,774,537 |
| FY2015 | $5,012,755 |
| FY2014 | $4,883,515 |
| FY2013 | $2,271,500 |
What the numbers show
- Contributions & grants made up 74% of total revenue in FY2023.
- Net assets covered about 20.2 months of expenses at the end of the reporting year. That puts it in the 23rd percentile among 899 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Total revenue was higher than 97.4% of 925 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Total revenue fell from $31,501,735 in FY2013 to $13,477,682 in FY2023. Revenue increased in 3 and decreased in 4 of 7 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 8 reported years (FY2015, FY2020, FY2021, FY2022, FY2023).
- The highest revenue on record here is $31,501,735 in FY2013.
- Net assets declined from $27,403,244 to $22,985,763 between FY2013 and FY2023.
- Contributions and grants made up 93% of revenue in FY2013 and 74% in FY2023.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (private foundation).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Private foundation |
| Program area (NTEE) | T22 — Philanthropy, Voluntarism & Grantmaking Foundations (in IN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (private foundation). |
Similar organizations
- James Foundation Inc — Auburn, IN · $11,721,561
- Asante Foundation Inc — South Bend, IN · $8,989,734
- Indiana Association of United Ways Incorporated — Indianapolis, IN · $18,345,860
- Harrison County Community Foundation Support Organ Inc — Corydon, IN · $19,690,823
- Deborah Joy Simon Foundation — Carmel, IN · $5,157,117
- David E Simon & Jacqueline S Simon Charitable Foundation — Indianapolis, IN · $2,438,463
- Dean & Barbara White Family Foundation Inc — Merrillville, IN · $28,351,686
- Surack Family Foundation Inc — Fort Wayne, IN · -$1,556,388
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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