SIMON FAMILY FOUNDATION

EIN: 541922543 501(c)(3) Philanthropy & Grantmaking

VIRGINIA BEACH, VA

Total Revenue
$477,724
Total Expenses
$376,706
Total Assets
$8,355,750
Net Assets
$8,355,750
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
NAOMI LIMOR SEDEK
Phone
7576711600
Tax Period
2024-07-01 to 2025-06-30

SIMON FAMILY FOUNDATION, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $478K in total revenue in fiscal year 2024. Revenue surged 140% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 21% operating margin.

Mission

THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE TIDEWATER JEWISH FOUNDATION.

Program Service Accomplishments

Program 1
Expenses: $246,000

THE SIMON FAMILY FOUNDATION'S GRANT-MAKING PROGRAMS ARE ESTABLISHED WITH THE GOAL OF PROVIDING FINANCIAL AND OTHER ASSISTANCE IN SUPPORT OF JEWISH AND NON-JEWISH CHARITABLE CAUSES IN THE FIELDS OF...

Read more

THE SIMON FAMILY FOUNDATION'S GRANT-MAKING PROGRAMS ARE ESTABLISHED WITH THE GOAL OF PROVIDING FINANCIAL AND OTHER ASSISTANCE IN SUPPORT OF JEWISH AND NON-JEWISH CHARITABLE CAUSES IN THE FIELDS OF RELIGION, EDUCATION, SCIENCE, INTERGROUP RELATIONS, CIVIC, CULTURAL, HEALTH AND SOCIAL SERVICES. THIS HAS BEEN ACHIEVED BY PROVIDING ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS WITHIN AND WITHOUT THE UNITED STATES, WHILE PROVIDING IDENTIFIABLE BENEFITS FOR THE WELFARE OF THE PEOPLE AND GEOGRAPHIC AREAS OF TIDEWATER, VIRGINIA AND ISRAEL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $477,724
Other Revenue $0
TOTAL REVENUE $477,724

Expense Breakdown

Grants Paid $246,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $246,000
Other Expenses $130,706
TOTAL EXPENSES $376,706

Year-over-Year Comparison

2024 2023 Change
Revenue $477,724 $199,160 +1.4%
Expenses $376,706 $341,187 +0.1%
Net Income $101,018 $-142,027 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
2
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$212,185
Total Directors
7
$212,185
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERROLD MILLER DIRECTOR 1.00
Director
$0 $0 $0
BETTY ANN LEVIN DIRECTOR 1.00
Director
$0 $0 $0
KIM FINK PRESIDENT 1.00
Officer Director
$0 $0 $0
AMY GOLDBERG DIRECTOR 1.00
Director
$0 $0 $0
NAOMI SEDEK SECRETARY 1.00
Officer Director
$0 $5,470 $212,185
BEN SIMON DIRECTOR 1.00
Director
$0 $0 $0
BRITT SIMON DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $477,724 $376,706 $8,355,750 $101,018
2024 $199,160 $341,187 $7,435,299 $-142,027
2023 $202,843 $336,413 $6,941,316 $-133,570
2022 $291,954 $343,322 $6,592,711 $-51,368
2021 $709,630 $329,905 $7,302,026 $379,725
2020 $86,714 $339,864 $6,128,599 $-253,150
2019 $225,279 $366,080 $6,544,448 $-140,801
2018 $249,559 $373,981 $6,685,738 $-124,422
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SIMON FAMILY FOUNDATION with other nonprofits in Virginia and across the country.