The $40 Million Legacy: 5 Shocking Facts About Cynthia A. Simon Skjodt's Philanthropic Empire And Indiana's Future
Cynthia A. Simon Skjodt: A Comprehensive Biographical Profile
Cynthia "Cindy" Simon Skjodt is a celebrated businesswoman, community leader, and philanthropist, best known for her strategic giving in Central Indiana and beyond. Her work is a continuation of the powerful legacy established by her father, Melvin Simon, the co-founder of the global real estate giant, Simon Property Group.- Full Name: Cynthia "Cindy" A. Simon Skjodt
- Date of Birth: January 1958
- Place of Birth: Indianapolis, Indiana, USA
- Parents: Melvin Simon (Co-founder of Simon Property Group) and Bess Simon
- Spouse: Paul Skjodt (Businessman, former ice hockey player)
- Children: Samantha, Erik, and Ian
- Education: Bachelor of Arts (B.A.) and Master of Science (M.S.) degrees from Indiana University (IU)
- Key Roles: Founder and President of The Samerian Foundation; Co-owner of the Indiana Ice (amateur ice hockey team)
- Major Honors: Indiana Living Legend (2021); Women Leading the Way Award (IU Foundation); 2025 Partners in Philanthropy Family Legacy Award (with the Simon Family)
Born and raised in Indianapolis, Cindy Simon Skjodt has maintained deep roots in Indiana, dedicating her time and resources to local, national, and international nonprofit charity boards. Her philanthropic vehicle, The Samerian Foundation, is the primary channel for her strategic giving.
The Samerian Foundation: A Billion-Dollar Family's Giving Engine
The core of Cynthia Simon Skjodt's current impact is channeled through The Samerian Foundation, which she founded and serves as Board Chair. This private foundation acts as the philanthropic vehicle for the Skjodt family’s generosity, focusing on strategic grants that enhance the quality of life across several critical sectors.The Scale of Impact: The Samerian Foundation is a major force in the philanthropic world. To date, the foundation has granted nearly $93.4 million across thousands of requests, demonstrating a consistent and significant commitment to its mission.
In its most recent reported year, the foundation made over $7.8 million in grants, confirming its active role in funding vital community projects. The foundation's substantial assets, reported to be over $66 million, ensure its long-term stability and capacity for future transformative giving.
Key Focus Areas: The foundation’s grant-making is strategically diversified, concentrating on areas where the Skjodt family believes they can achieve maximum positive change. These key areas build topical authority around her dedication to holistic community health and development:
- Education: Supporting institutions and programs that provide access to high-quality learning and academic excellence, particularly at her alma mater, Indiana University.
- Health: Funding initiatives related to public health, medical research, and wellness programs.
- Youth Sports: Promoting physical fitness, teamwork, and character development through organized sports, a passion shared with her husband, Paul Skjodt, through their involvement with the Indiana Ice.
- Economic Development: Investing in programs that foster growth, opportunity, and stability within the community.
This focused approach allows the foundation to make deep, measurable impacts rather than spreading its resources too thinly across countless causes. The foundation's steady stream of funding is a lifeline for many Central Indiana nonprofit charity boards.
The Enduring Simon Skjodt Legacy at Indiana University and Beyond (2025 Update)
Cynthia Simon Skjodt’s most public and transformative act of philanthropy remains her massive contribution to Indiana University. Her $40 million donation to IU Athletics was the largest gift ever received by the department at the time, a monumental investment that secured her family's name on one of the most iconic venues in college basketball.Simon Skjodt Assembly Hall: The 42-year-old Assembly Hall, home to the legendary Hoosiers basketball program, was renamed Simon Skjodt Assembly Hall following the donation. This funding was critical for major improvements and renovations, ensuring the facility remains a world-class venue for Indiana basketball. The commitment to keeping the facility modern is ongoing, with news that the Branch McCracken Court floor inside the Hall is receiving a fresh, modern look for the upcoming 2025-2026 season, keeping the venue a centerpiece of the IU campus.
The 2025 Family Legacy Award: The Simon Family’s enduring impact on Indiana’s landscape was celebrated with the prestigious 2025 Partners in Philanthropy Family Legacy Award from the IU Foundation. This honor recognizes the multi-generational commitment of the Simon family, including Cindy, her late father Melvin Simon, and her siblings, to supporting the university and the state. This recent award highlights that the family’s philanthropic endeavors are not slowing down but are being recognized as a continuous, transformative force.
The Ice Hockey Connection: Cindy and her husband, Paul Skjodt, a former professional ice hockey player, also share a passion for youth sports. They were co-owners of the Indiana Ice, an amateur hockey team that competed in the United States Hockey League (USHL). This venture, while a business, satisfies her desire to support youth and provide opportunities in sports, aligning perfectly with one of The Samerian Foundation’s core focus areas. The Skjodt name is therefore deeply embedded not only in the high-profile world of Hoosier basketball but also in the grassroots development of youth sports in Indiana.
From the world of commercial real estate and the Simon Property Group to the courts of IU basketball and the rinks of the Indiana Ice, Cynthia A. Simon Skjodt has successfully carved out a powerful, independent identity as a leader whose vision and resources are actively shaping the future of Indiana's educational, athletic, and charitable landscape.
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