Skip to main content

The Nick Simons Foundation

Profile

Last profile update: 05/06/2017
Last grant data update: 05/06/2017

At A Glance

The Nick Simons Foundation

25 E 22nd St

New York City, NY United States 10010-5301

Telephone: 6466540066

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

EIN

203101239

BRIDGE Number

2550311236

Background

Established in 2006 in NY - Founded by James Simons, who is the founder and former C.E.O. of the hedge fund management company, Renaissance Technologies. James and Marilyn Simons have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.

Purpose and Activities

The Nick Simons Foundation is a private family foundation formed to honor the memory of Nick Simons and his love for Nepal. The Foundation aims to perpetuate his interest in developing countries through its mission to improve health and medical care, especially for rural and remote communities in Nepal. Special emphasis is directed toward the development and technology of the Universal Anesthesia Machine (UAM), a low cost trolley-based workstation providing inhalation anesthesia brought to market by Gradian Health Systems, a wholly-owned subsidiary of the Nick Simons Foundation; training for rural health care workers; curricula development; training site start-ups; and programs that help retain health care workers in the field.