NET WORTH: Unknown
SOURCE OF WEALTH: Simon Property Group
JEWISH FUNDING AREAS: Community, Education & Youth, Religious, Israel
OVERVIEW: David Simon and his wife Jacqueline give through the David E. Simon and Jacqueline S. Simon Charitable Foundation, which distributed around $4.3 million in a recent year. The couple supports a range of interests, but they do channel funds to select Jewish organizations annually.
BACKGROUND: David E. Simon graduated with a B.S. from Indiana University in 1983 and an MBA from Columbia Business School in 1985. He worked at First Boston and was a vice president of Wasserstein Perella & Co. He joined Indianapolis-based Simon Property Group, the world's largest publicly-traded real estate company engaged primarily in the ownership, development, and management of retail real estate. He's been on the Forbes billionaire list.
COMMUNITY: Grantees include American Jewish Committee, UJA Federation of New York, The Jewish Museum, Jewish Heritage Commission, and Jewish Caring Network, which is an "organization dedicated to providing a full range of support services to families facing life-threatening, lifelong, and serious illnesses while preserving their privacy and their dignity."
EDUCATION & YOUTH: Grantees include Birthright Israel Foundation and Hillel at UPenn.
RELIGIOUS: The couple recently directed a seven-figure gift to Park Avenue Synagogue—the Simons have a home on Park Avenue in Manhattan. Other grantees include Congregation Beth-El Zedeck.
ISRAEL: Grantees include American Society for Yad Vashem, American Friends of the Rambam Medical Center, and Women's International Zionist Organization, a "non-profit women's organization of volunteers in over 50 countries working together to improve the lives of women, children and the elderly living in Israel."
LOOKING FORWARD: Expect the Simons' giving to continue tracking with their interest areas. The Simons have five children, who may eventually direct the next generation of the wealthy family's giving.
The foundation accepts proposals at the address below:
David E. Simon and Jacqueline S. Simon Charitable Foundation
P.O. Box 78394
Indianapolis, In 46278