Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP
Only null% goes to programs Strong reserves Growing revenue
Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP is a 501(c)(3) organization based in New York, New York, registered in 2004, with $2,060,517 in FY2024 revenue. CharityIndex grades it D.
65 E 55th St Fl 35, New York, NY, 10022 EIN 80-0116118 Since 2004
Revenue (FY2024)
$2.1M
▼ 56.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.1M
Net assets
$4.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating16 mo reserves · -49% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP: 16 mo reserves · -49% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 65 E 55th St Fl 35, New York, NY, 10022
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $2.5M (FY2017) to $2.1M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.1M
Operating margin
-49.4%
Spent more than it raised in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$0
Net assets
$4.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,060,517▼56.9% | $3,077,773▼59.4% | $4,101,775▼21.4% | $4,101,775▼21.4% | 990PF |
| 2023 | $4,782,340▲345% | $7,577,763▲372% | $5,216,763▲78.8% | $5,216,763▲78.2% | 990PF |
| 2022 | $1,075,037▼10.9% | $1,605,448▲3.5% | $2,917,734▼15.4% | $2,927,734▼15.1% | 990PF |
| 2021 | $1,206,455▲124% | $1,551,189▲18.1% | $3,448,145▼9.1% | $3,448,145▼9.1% | 990PF |
| 2020 | $538,807▼73.7% | $1,313,269▲84.5% | $3,792,879▼17.0% | $3,792,879▼17.7% | 990PF |
| 2019 | $2,049,386▲168% | $711,731▼23.6% | $4,567,341▲41.4% | $4,606,341▲34.5% | 990PF |
| 2018 | $764,571▼69.6% | $932,005▼32.0% | $3,229,686▼4.9% | $3,425,686▲0.8% | 990PF |
| 2017 | $2,511,457 | $1,369,863 | $3,397,120 | $3,397,120 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP a legitimate nonprofit?
- Yes. Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 80-0116118, based in New York, New York. Donations are tax-deductible.
- What is Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP's EIN?
- Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP's Employer Identification Number (EIN) is 80-0116118.
- How much revenue does Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP report?
- Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP reported $2,060,517 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP have?
- CharityIndex grades Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP D, based on financial health (reserves and operating margin).
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Data for Stephen C Freidheim Foundation Inc Simpson Thacher & Bartlett LLP (EIN 80-0116118) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.