Non-profit

Heising-Simons Foundation

Website:

www.hsfoundation.org/

Location:

LOS ALTOS, CA, United States

Tax ID:

26-0799587

Tax-Exempt Status:

501(c)(3)-PF

Budget (2022):

Revenue: $430,056,379
Expenses: $177,047,808
Assets: $847,180,696

Type:

Private Family Foundation

Co-Founders:

Mark Heising

Liz Simons

President and CEO:

Jennifer Shipp

Budget (2023):

Revenue: $152,079,826

Expenses: $189,529,079

Total Assets: $872,096,521 22

References

  1. Return of Private Foundation Exempt from Income Tax (Form 990). Heising-Simons Foundation. 2023. Parts I and II. https://projects.propublica.org/nonprofits/organizations/260799587/202443169349102959/full

Contact InfluenceWatch with suggested edits or tips for additional profiles.

The Heising-Simons Foundation is a California-based private family foundation led by philanthropists and major Democratic Party donors Liz Simons and her husband Mark Heising. 1

The Heising-Simons Foundation primarily funds organizations that work on environmentalist policy, climate change, scientific research, education, and human rights issues. 2 Since its founding in 2007, the foundation has donated more than $618 million to these causes. In 2019 alone, the Foundation awarded over $113 million in grants. 1

Simons Family

Liz Simons is the chair of the board of directors of the Heising-Simons Foundation. 3 Simons is the daughter of billionaire hedge fund manager and philanthropist James Simons. James Simons is the founder of Renaissance Technologies, a prominent hedge fund that pioneered the use of quantitative models and statistical analysis in financial investing during the 1980s. In the 1990s, James Simons founded the Simons Foundation to fund left-of-center causes and provide research grants for the study of life sciences, physical sciences, and mathematics. The Simons Foundation is one of the wealthiest foundations in the country. 3

In 2017, left-of-center British newspaper The Guardian published a story alleging that James Simons had hidden $8 billion in Bermuda, possibly to avoid taxes in the United States. The “Paradise Papers” leak showed that Simons had established sub-trusts in the country for himself and each of his children. Internal Revenue Service (IRS) filings from 2011-2012 show that Liz Simons transferred $54 million from her Bermuda sub-trust to the Heising-Simons Foundation. 4

Liz Simons sits on the board of the Learning Policy Institute,5 a left-of-center education policy research organization. She also sits on the board of the Foundation for a Just Society, a private foundation founded by her half-sister, Audrey Cappell, that funds left-of-center organizations to advance LGBT interests internationally. 3 Simons’s brother, Nathaniel Simons, is the founder of the Sea Change Foundation, a left-of-center private foundation that funds climate change and clean energy causes.

Mark Heising is a vice chair of the board of directors of the Heising-Simons Foundation. Heising sits on the board of directors of Renaissance Technologies. 6 He is also the chairman of the Environmental Defense Fund,7 a nonprofit environmentalist group known for its left-of-center political agenda and advocacy surrounding global warming. Heising also sits on the board of the Bipartisan Policy Center, a center-left think tank headquartered in Washington, D.C. 8

Heising and Simons have given hundreds of thousands of dollars to the Democratic Party. In 2020 alone, Heising gave more than $500,000 to the Democratic National Committee, $70,000 to the Democratic Congressional Campaign Committee, $70,000 to the Democratic Senatorial Campaign Committee, and over $350,000 to Joe Biden’s Presidential campaign. 9 That same year, Simons gave $300,000 to the House Majority PAC, an unlimited-expenditure “Super PAC” associated with Democratic leadership in the U.S. House of Representatives. 10

In 2016, Simons and Heising signed the Warren Buffett and Bill Gates “Giving Pledge” to donate at least 50% of their net worth to charity during their lifetimes or at death. 11

Simons and Heising’s daughter, Caitlin Simons, is a vice chair of the board of directors of the Heising-Simons Foundation. Caitlin Simons also sits on the board of directors of Human Rights Watch, an international non-governmental organization that conducts research and advocacy on human rights. Caitlin Simons is also on the advisory council of the Responsible Business Initiative for Justice, a United Kingdom-based criminal justice advocacy organization. 12

Leadership

Jennifer Shipp is the president and chief executive officer (CEO) of the Heising-Simons Foundation. Prior to this position, Shipp worked at the William and Flora Hewlett Foundation as senior counsel, Arabella Advisors, and the David and Lucille Packard Foundation. 13

Kiamethia Coaxum is the executive assistant to the president and human resources specialist at the Heising-Simons Foundation. Coaxum also held multiple administrative roles at the Gordon E. and Betty I. Moore Foundation, which funds left-of-center environmentalist groups. 14

Kelly Hayashi is the director of grants management at the Heising-Simons Foundation. Hayashi previously worked at the Stuart Foundation, a left-of-center grantmaking foundation that focuses on education in the state of California. 15

Jochine Marschall is the director of the science program at the Heising-Simons Foundation. Marschall previously worked in the Thermal Protection Materials Branch of NASA Ames Research Center. 16

Barbara Chow is the director of the education program at the Heising-Simons Foundation. Chow previously worked for the William and Flora Hewlett Foundation,17 the sixth wealthiest foundation in the country. Chow also previously worked in the Clinton administration as Deputy Director of the Domestic Policy Council and Special Assistant to the President for the White House Office of Legislative Affairs. Before working in the executive branch, Chow worked for the Senate Democratic Policy Committee. 17

Coalitions Membership

The Heising-Simons Foundation is a member of We Are Still In, a left-of-center coalition that supports the Paris Climate Accords, an environmentalist agreement negotiated by the Obama administration from which the Trump administration pulled out of in 2017. 18

The Heising-Simons Foundation is a member of the Fund for a Safer Future, a gun control advocacy organization and coalition run by the New Venture Fund. 19 The foundation is also a member of the Hope and Heal Fund, another gun control organization run by the New Venture Fund. 19

Grantmaking

The Heising-Simons Foundations funds a number of left-of-center organizations. In 2018, the foundation gave to a number of prominent left-of-center donor groups including the New Venture Fund; the Tides Foundation; Rockefeller Philanthropy Advisors; the Bill, Hillary, and Chelsea Clinton Foundation; the Environmental Grantmakers Association; NEO Philanthropy; the Groundswell Fund; and Borealis Philanthropy. 20

Also in 2018, the foundation gave to a number of left-of-center think tanks and advocacy groups, including the Center for American Progress, the Urban Institute, the New America Foundation, the National Committee for Responsive Philanthropy, the National Consumer Law Center, and the Environmental Defense Fund. 20

The foundation has funded several projects focused on mathematics education and equity. Grantees included the Racial Justice in Early Mathematics Project at the Erikson Institute in Chicago, Tandem Partners in Early Learning in San Francisco, Illustrative Mathematics in Arizona, and TODOS Mathematics for All, the latter in collaboration with the Bill & Melinda Gates Foundation. These programs have drawn both support and criticism for incorporating social justice principles into math curricula.21

References

  1. “About.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/about/
  2. “Programs.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/programs/
  3. “Liz Simons.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/person/liz-simons/
  4. Swaine, Jon, and Hilary Osborne. “Democratic Donor Built Up Vast $8bn Private Wealth Fund in Bermuda.” The Guardian. November 07, 2017. Accessed October 18, 2020. https://www.theguardian.com/news/2017/nov/07/democratic-donor-james-simons-private-wealth-fund-tax-haven-paradise-papers
  5. “Liz Simons.” Learning Policy Institute. Accessed October 18, 2020. https://learningpolicyinstitute.org/person/liz-simons
  6. “Mark Heising.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/person/mark-heising/
  7. “Mark Heising to Become New Chair of Environmental Defense Fund.” Heising-Simons Foundation. February 4, 2020. Accessed October 18, 2020. https://www.hsfoundation.org/mark-heising-to-become-new-chair-of-environmental-defense-fund/
  8. “Mark W. Heising.” Bipartisan Policy Center. Accessed October 18, 2020. https://bipartisanpolicy.org/person/mark-w-heising/
  9. Federal Election Commission. “Individual Contributions: Mark Heising.” Accessed October 18, 2020 https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=mark+heising&contributor_employer=Medley+Partners&min_date=01%2F01%2F2020&max_date=08%2F18%2F2020
  10. Federal Election Commission. “Individual Contributions: Elizabeth Simons.” Accessed October 18, 2020 https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=elizabeth+simons&contributor_employer=Heising-Simons+Foundation&min_date=01%2F01%2F2020&max_date=08%2F18%2F2020
  11. “Liz Simons and Mark Heising.” The Giving Pledge. Accessed October 18, 2020. https://givingpledge.org/Pledger.aspx?id=289
  12. “Caitlin Heising.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/person/caitlin-heising/
  13. “Jennifer Shipp.” Heising-Simons Foundation. Accessed April 2, 2025. https://www.hsfoundation.org/person/jennifer-shipp/.
  14. “Kiamethia Coaxum.” Heising-Simons Foundation. Accessed April 2, 2025. https://www.hsfoundation.org/person/kiamethia-coaxum/
  15. “Kelly Hayashi.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/person/kelly-hayashi/
  16. “Jochen Marschall.” Heising-Simons Foundation. Accessed April 2, 2025. https://www.hsfoundation.org/person/jochen-marschall/.
  17. “Barbara Chow.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/person/barbara-chow/
  18. “Foundation Joins ‘We Are Still In’ Coalition in Support of Paris Agreement.” Heising-Simons Foundation. July 7, 2017. Accessed October 18, 2020. https://www.hsfoundation.org/foundation-joins-still-coalition-support-paris-agreement/
  19. “Search Our Grants.” Heising-Simons Foundation. Accessed October 18, 2020. https://www.hsfoundation.org/grants/search-our-grants/
  20. Internal Revenue Service. Form 990. Heising-Simons Foundation. 2018. https://pdf.guidestar.org/PDF_Images/2018/260/799/2018-260799587-17040220-F.pdf?_ga=2.172021347.1717283725.1602968262-658054072.1598817496
  21. Calder, Rich. “Exclusive: Billionaire Zohran Mamdani Donor Bankrolling National ‘woke Math’ Movement.” New York Post, September 6, 2025. https://nypost.com/2025/09/06/us-news/billionaire-zohran-mamdani-donor-bankrolling-national-woke-math-movement/?utm_campaign=nypost&utm_source=twitter&utm_medium=social.
  See an error? Let us know!

Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: December 1, 2007

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2022 Dec Form PF $430,056,379 $177,047,808 $847,180,696 $68,705,368 $0 $0 $0 $0 PDF
    2021 Dec Form PF $244,878,185 $164,151,700 $866,467,309 $56,845,557 $0 $0 $0 $0 PDF
    2020 Dec Form PF $190,726,455 $148,900,208 $752,996,597 $59,571,255 $0 $0 $0 $0
    2019 Dec Form PF $130,276,952 $128,898,894 $592,364,420 $63,040,848 $0 $0 $0 $0
    2015 Dec Form PF $51,311,089 $46,413,346 $370,095,113 $32,353,962 $0 $0 $0 $0 PDF
    2014 Dec Form PF $38,849,895 $41,250,733 $301,712,855 $27,213,720 $0 $0 $0 $0 PDF
    2013 Dec Form PF $45,165,891 $25,302,480 $268,703,766 $17,884,965 $0 $0 $0 $0 PDF
    2012 Dec Form PF $102,655,416 $24,452,978 $234,508,426 $21,153,406 $0 $0 $0 $0 PDF
    2011 Dec Form PF $44,229,865 $11,728,252 $174,825,022 $8,597,169 $0 $0 $0 $0 PDF

    Additional Filings (PDFs)

    Heising-Simons Foundation

    400 MAIN ST STE 200
    LOS ALTOS, CA 94022-2840
    United States