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Simon Foundation for Education and Housing

Profile

Last Updated: 2016-02-10

At A Glance

Simon Foundation for Education and Housing

(formerly Ronald M. Simon Family Foundation)

620 Newport Center Dr., 12th Fl.

Newport Beach, CA United States 92660-8012

Telephone: (949) 270-3644

URL: www.sfeh.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-06-30)

Assets: $1,389,100

Total giving: $507,258

EIN

680524905

BRIDGE Number

7064653031

Background

Established in 2003

Purpose and Activities

Giving primarily for enabling deserving individuals to achieve the American dream of higher education and home ownership.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to students facing difficult life and economic circumstances to excell academically and socially so they can successfully complete a four year college degree.

Simon Scholars Program

The program is a unique six year scholarship program that begins during a student's junior year in high school and continues through four years of college. Simon Scholars are required to maintain a minimum 3.0 GPA by the end of their junior year of high school. During high school, students receive a cash stipend, a computer, social skills training, academic support, leadership training and community services activities. Scholars are also provided with college-preparatory assistance through ACT and SAT courses, college tours and assistance in the application process from college coaches. Following the completion of high school, Scholars receive a $16,000 college scholarship. See web site for additional information .

Fields of Interest

Subjects
  • Education
  • Health
  • Higher education
  • Human services
  • Undergraduate education
  • University education
Population Groups
  • Academics
  • People of African descent

Financial Data

Year ended 2014-06-30

Assets: $1,389,100 (market value)

Gifts received: $1,930,189

Expenditures: $1,399,379

Total giving: $507,258

Qualifying distributions: $1,392,641

Giving activities include:

$253,000 for 8 grants (high: $130,000; low: $500)

$254,258 for 166 grants to individuals (high: $8,000; low: $240)