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Nonprofit · EIN 57-6017451

SIMPSON FOUNDATION

Tax-exempt · DETROIT, MI 48275

Financials

$1.8M$2M2023$3.7M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of SIMPSON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,650,744$2,399,702$1,251,042$25,099,477$0$25,099,477
December 31, 2023990-PF$1,779,295$1,950,555-$171,260$24,463,522$0$24,463,522
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$580,883
Interest
$1,122
Net gain from sales of assets
$2,836,542
Other income
$232,197

Expenses

Grants and similar amounts paid
$2,070,000
Compensation of officers, directors and key employees
$27,665
Disbursements for charitable purposes
$2,072,766
Excise tax on investment income
$46,342

Balance sheet and other

Total assets, start of year
$24,463,522
Total assets, end of year
$25,099,477
Total liabilities, end of year
$0
Net assets, end of year
$25,099,477
Fair market value of assets
$37,201,755
Qualifying distributions
$2,072,766
Net investment income
$3,639,702

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Comerica Bank
PO Box 75000, Detroit, MI 482757874
Trustee1$21,165
John Kuhne
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Caroline Schmitt
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Lucy S Kuhne
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Wilma Johnson
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
William Kuhne
C/O Wells Fargo Bank PO Box 969, Geenville, SC 29602
Board of Advisors1$1,000
Clifton Schmitt
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Nell Rice
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$500
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Comerica Bank
PO Box 75000, Detroit, MI 482757874
Trustee1$20,522
John Kuhne
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Caroline Schmitt
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Lucy S Kuhne
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Wilma Johnson
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
Nell Rice
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000
William Kuhne
C/O Wells Fargo Bank PO Box 969, Geenville, SC 29602
Board of Advisors1$1,000
Clifton Schmitt
C/O Wells Fargo Bank PO Box 969, Greenville, SC 29602
Board of Advisors1$1,000

Address and contacts

Address (IRS master file)
PO BOX 75000, DETROIT, MI 48275-7874
In care of
% WACHOVIA BANK OF NC
Signed the 990-PF
MATTHEW GRABOWSKI, VICE PRESIDENT
Phone
(248) 732-6756
Return prepared by
KPMG LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
57-6017451
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1965
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$25,099,477
Income (IRS master file)
$19,841,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,650,744$2,399,702$25,099,477XML
990-PFDecember 2023$1,779,295$1,950,555$24,463,522XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-6017451).

Questions about SIMPSON FOUNDATION

What is the EIN of SIMPSON FOUNDATION?
The employer identification number (EIN) of SIMPSON FOUNDATION is 57-6017451.
Is SIMPSON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to SIMPSON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SIMPSON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SIMPSON FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SIMPSON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SIMPSON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 8 received compensation from the organization, the highest $21,165 (Comerica Bank, Trustee).
How much revenue does SIMPSON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,650,744, expenses of $2,399,702 and total assets of $25,099,477 at year end.

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