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M L Simpson Foundation Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 586418299 ✦ Roswell, GA ✦ Designated as a 501(c)(3)

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Overview

What is M L Simpson Foundation Trust?

The M L Simpson Foundation Trust is a charitable organization, established in Roswell, Georgia, at 37 Lake Villa Drive. Its primary mission is to contribute financially to various organizations, such as In Touch Foundation and Emory University, engaged in research and treatment initiatives for eye diseases, aging, and Alzheimer's. This support is facilitated by managing real estate assets, which are planned for eventual sale, with the proceeds benefiting the supported organizations. The Foundation's objective is to make a tangible impact in these areas of medical concern.

Is M L Simpson Foundation Trust legitimate?

M L Simpson Foundation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. M L Simpson Foundation Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of M L Simpson Foundation Trust?

The M L Simpson Foundation Trust's mission is centered around managing real property assets, with the ultimate goal of selling them to benefit various organizations. The primary objective of these sales is to support initiatives focused on diseases of the eyes, elderly care, and Alzheimer's. The foundation accomplishes this by distributing funding to these organizations, namely The In Touch Foundation, Emory University, and others involved in research and treatment efforts.

Who is the CEO of M L Simpson Foundation Trust?

Simpson Real Property Llc is the Trustee of M L Simpson Foundation Trust.

What is the revenue of M L Simpson Foundation Trust?

M L Simpson Foundation Trust's revenue in 2022 was -$1,332,167.

Who are the executives of M L Simpson Foundation Trust and what are their salaries?


Here are 3 key members and their salaries:


Simpson Real Property Llc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Senbao Lu (Manager Of Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celia Gordon (Manager Of Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for M L Simpson Foundation Trust?

M L Simpson Foundation Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of M L Simpson Foundation Trust

The M L Simpson Foundation Trust is committed to supporting various organizations that focus on medical research and treatment, specifically in the areas of eye diseases, aging, and Alzheimer's. To achieve this, the foundation manages its real estate assets, with the ultimate goal of selling them to distribute funds to these organizations. By doing so, the M L Simpson Foundation Trust contributes to the noble cause of improving health and quality of life for individuals affected by these conditions. The foundation's mission is to provide financial support to organizations such as In Touch Foundation and Emory University, enabling them to conduct groundbreaking research and offer essential treatments to those in need.

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Impact




October, 2024

The M L Simpson Foundation Trust significantly impacts the community by managing real property assets to generate funding for organizations focused on critical health issues. By supporting entities like the In Touch Foundation and Emory University, it contributes to research and treatment initiatives for diseases affecting the eyes, elderly populations, and Alzheimer's patients. The foundation's strategic approach ensures that the proceeds from real estate management are effectively utilized to advance the mission of these organizations, ultimately fostering advancements in healthcare and improving the quality of life for those affected by these conditions. Through its philanthropic efforts, the trust plays a vital role in addressing pressing health challenges and promoting medical research and care.




This information is meant to be a general summary of M L Simpson Foundation Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$1,332,167 (2022)
Expenses
$1,149,007 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,332,167
  • Gross Receipts: $2,474,750

Assets and Liabilities:

  • Total Assets: $895,556
  • Total Liabilities: $0
  • Net Assets: $895,556

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Organization Details

Founding Year

2000

Principal Officer

Simpson Real Property Llc

Main Address

37 Lake Villa Drive, Roswell, GA, 30076

NTEE Category

Code: T22 - Philanthropy

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