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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Simpson Foundation

Simpson Foundation

Fiscal year ending 2024. Filed on September 29, 2025.

150 Monument Road
Bala Cynwyd, Pennsylvania 19004

Simpson Foundation (EIN: 45-4731794) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2024 IRS Form 990 filing, Simpson Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $400,600. The highest compensated employee at Simpson Foundation is Carol McKinley with fiscal year 2024 compensation of $431,417.

Revenue, expenses, and employee compensation

Revenue

$326,523

Expenses

$85,939

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Carol McKinley
President and Chief Executive Officer
$431,417
$0 $415,558 $15,859
Kenneth Franiak
Chief Financial Officer
$369,783
$0 $349,023 $20,760

Benchmark Employee Compensation

Non-Employee Board Members

Alain Duroseau
Director
Dalinda Love
Secretary
John Dimaggio
Director
Marcia Stanford
Director
Meredith E Okenquist
Chair
Michael Sharp
Director
Michelle Gollapalli
Former Chair
Rev David W Brown
Director
Rick Hellberg
Treasurer

Mission Statement

THE FOUNDATION SHALL BE RESPONSIBLE FOR THE OVERALL FUNDRAISING AND PHILANTHROPIC PROGRAMS OF SIMPSON HOUSE, JENNER'S POND, SIMPSON SENIOR SERVICES AND SIMPSON MEADOWS AND ALL OTHER ENTITIES WHICH MAY HEREAFTER BECOME PART OF THE SIMPSON SENIOR SERVICES OBLIGATED GROUP (THE "OBLIGATED GROUP").IN PERFORMING ITS DUTIES, THE FOUNDATION SHALL ACT IN A MANNER WHICH WILL FURTHER A COORDINATED APPROACH TO PROVIDE FUNDRAISING AND PHILANTHROPIC PROGRAMS WHICH BENEFIT ALL OF THE VARIOUS ENTITIES WHICH COMPRISE THE OBLIGATED GROUP. THE ESTABLISHMENT OF ALL FUNDRAISING PROGRAMS, WHETHER FOR ONLY THE FOUNDATION, THE OBLIGATED GROUP OR ANY MEMBER THEREOF, SHALL BE EXCLUSIVELY VESTED IN FOUNDATION.

Revisions to this organization profile

September 29, 2025:
2024 Simpson Foundation 990 filed
November 15, 2024:
2023 Simpson Foundation 990 filed
November 16, 2023:
Amended 2022 Simpson Foundation 990 filed

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