The Heising-simons Foundation
Only null% goes to programs Strong reserves Declining revenue
The Heising-simons Foundation is a 501(c)(3) organization based in Los Altos, California, registered in 2007, with $60,044,121 in FY2024 revenue. CharityIndex grades it D.
400 Main St Ste 200, Los Altos, CA, 94022 EIN 26-0799587 Since 2007
Revenue (FY2024)
$60.0M
▼ 60.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$193.1M
Net assets
$721.0M
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 The Heising-simons Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating45 mo reserves · -222% 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 The Heising-simons Foundation: 45 mo reserves · -222% margin earns a F 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 The Heising-simons Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 The Heising-simons Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 400 Main St Ste 200, Los Altos, CA, 94022
- City
- Los Altos
- State
- California
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $142.1M (FY2016) to $60.0M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $89.5MNet assets $721.0M
Operating margin
-221.5%
Spent more than it raised in the latest fiscal year.
Total assets
$810.5M
Total liabilities
$89.5M
Net assets
$721.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,044,121▼60.5% | $193,060,215▲1.9% | $721,000,200▼9.4% | $810,497,642▼7.1% | 990PF |
| 2023 | $152,079,826▼64.6% | $189,529,079▲7.0% | $795,700,677▲2.2% | $872,096,521▲2.9% | 990PF |
| 2022 | $430,056,379▲75.6% | $177,047,808▲7.9% | $778,475,328▼3.8% | $847,180,696▼2.2% | 990PF |
| 2021 | $244,878,185▲28.4% | $164,151,700▲10.2% | $809,621,752▲16.8% | $866,467,309▲15.1% | 990PF |
| 2020 | $190,726,455▲46.4% | $148,900,208▲15.5% | $693,425,342▲31.0% | $752,996,597▲27.1% | 990PF |
| 2019 | $130,276,952▼27.6% | $128,898,894▲13.2% | $529,323,572▲6.2% | $592,364,420▲6.9% | 990PF |
| 2018 | $179,936,817▲135% | $113,906,218▲32.2% | $498,654,236▲8.8% | $554,158,328▲9.7% | 990PF |
| 2017 | $76,419,629▼46.2% | $86,139,036▲36.7% | $458,269,805▲10.7% | $505,089,441▲12.6% | 990PF |
| 2016 | $142,086,461 | $63,031,345▲437% | $414,106,255▲149% | $448,598,569▲157% | 990PF |
| 2011 | — | $11,728,252 | $166,227,853 | $174,825,022 | 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.
Leadership & compensation (FY2024)
Highest-paid: Jennifer Shipp — $502,909 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jennifer Shipp | Sec (thru 7/8/24), Interim Ceo & Pres | 36.3 | $502,909 |
| Sushma Raman | President & Ceo (thru 7/24/24) | 36.42 | $495,351 |
| Kevin Luu | Chief Financial Officer/treasurer | 37.5 | $392,499 |
| Judy Blumenstein | Treasurer (thru 1/7/24), Finance Dir | 36.33 | $268,339 |
| Chelsey Scaffidi | Secretary | 36.36 | $234,623 |
| Caitlin Heising | Vice Chair of the Board | 5 | — |
| Elizabeth D Simons | Chair of the Board | 20 | — |
| Mark W Heising | Vice Chair of the Board | 5 | — |
Grants received · $1.4M total
5 grants to The Heising-simons Foundation totaling $1.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Social and Environmental Entrepreneurs Inc | Collaboration grant | 2024 | $32,920 |
| Policylink | Crosscutting strategies | 2023 | $71,298 |
| New Venture Fund | Youth development and education | 2021 | $926,869 |
| Tides Center | Quality education | 2021 | $57,719 |
| New Venture Fund | Environmental programs | 2020 | $265,654 |
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Frequently asked questions
- Is The Heising-simons Foundation a legitimate nonprofit?
- Yes. The Heising-simons Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-0799587, based in Los Altos, California. Donations are tax-deductible.
- What is The Heising-simons Foundation's EIN?
- The Heising-simons Foundation's Employer Identification Number (EIN) is 26-0799587.
- How much revenue does The Heising-simons Foundation report?
- The Heising-simons Foundation reported $60,044,121 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Heising-simons Foundation have?
- CharityIndex grades The Heising-simons Foundation D, based on financial health (reserves and operating margin).
- How much does The Heising-simons Foundation's highest-paid employee make?
- The highest reported compensation on The Heising-simons Foundation's latest Form 990 is $502,909, paid to Jennifer Shipp (Sec (thru 7/8/24), Interim Ceo & Pres).
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Data for The Heising-simons Foundation (EIN 26-0799587) 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.