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THE SIMSMAES FOUNDATION INC

BOSTON, MAEIN: 68-0575207

Data sourced from IRS 990-PF public filings

Funds general purposes for the Schwab Charitable Fund and educational initiatives at the Massachusetts Institute of Technology in Boston, Massachusetts.

Private_foundation Foundation

THE SIMSMAES FOUNDATION INC has 202 grants on file funding 65 organizations. Giving increased from $1,425,181 in 2024 to $1,667,960 in 2025. Reported assets: $34,115,613.

Total Assets

$34,115,613

Grants (Last Year)

$1,667,960

Total Grants on File

202

Recipients Funded

65

Giving History

YearTotal GrantedGrants MadeAvg Grant
2025$1,667,96035$47,656
2024$1,425,18140$35,630
2023$1,414,50041$34,500
2022$1,552,39642$36,962
2021$1,191,49244$27,079

Top Grant Recipients

$1,420,000 (2022)
$1,313,181 (2024)
$1,300,000 (2023)
$1,075,000 (2021)
$1,049,960 (2025)
Unknown recipient
$555,000 (2025)
$51,000 (2024)
$51,000 (2023)
$50,000 (2021)
$50,000 (2022)

Showing top 10 of 202 grants on file.

Officers & Trustees

From 2025 IRS 990-PF filing (data available for 16 filing years)

M

M MOLLY KIM

ASSISTANT CLERK

P

PATRICIA MAES

TREASURER/DIRECTOR

K

KARL SIMS

PRESIDENT/CLERK/DIRECTOR

IRS Filing History

THE SIMSMAES FOUNDATION INC has IRS 990-PF filings on record for 16 years, spanning 2010 to 2025.

2025202420232022202120202019201820172016201520142013201220112010

Frequently Asked Questions

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    THE SIMSMAES FOUNDATION INC (EIN: 68-0575207) - Grants & 990 Data | Signal990