EIN 20-0669940

Somerset Collection Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2004
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Somerset Collection Charitable Foundation raises funds through numerous activities to distribute the net proceeds primarily to tax-exempt organizations in Michigan. In 2022, 35 different organizations benefited from these funds and a total of $224,331 was collected. The foundation's programs cover expenses related to performing, maintaining, and managing events.
Total revenues
$110,913
2023
Total expenses
$290,070
2023
Total assets
$375,200
2023
Num. employees
0
2023

Program areas at Somerset Collection Charitable Foundation

The foundations primary purpose is to raise money and distribute the net proceeds to various tax-exempt organizations. 41 different tax-exempt organizations benefited from the net proceeds of the foundations money raising events. During 2023 289,845 was contributed to the 41 tax-exempt organizations. The contributions ranged from 261 to 95,251.
Expenses to perform, maintain, and manage events

Grants made by Somerset Collection Charitable Foundation

GranteeGrant descriptionAmount
Detroit Historical SocietyDonation$95,251
The Detroit Institute of ArtsDonation$20,380
Detroit Public TheatreDonation$20,000
...and 10 more grants made

Personnel at Somerset Collection Charitable Foundation

NameTitleCompensation
Linda McIntoshAssistant Vice President$0
Nathan ForbesPresident$0
Andrea O'ConnorSecretary and Treasurer$0
Kathryn MilleaAssistant Vice PR$0
Sidney ForbesDirector$0
...and 3 more key personnel

Financials for Somerset Collection Charitable Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$110,913
Miscellaneous revenues$0
Total revenues$110,913

Form 990s for Somerset Collection Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-05-08990View PDF
2021-122022-05-03990View PDF
2020-122021-05-24990View PDF
2019-122020-09-16990View PDF
...and 9 more Form 990s

Organizations like Somerset Collection Charitable Foundation

OrganizationLocationRevenue
Greenwood Heritage FoundationGreenwood, SC$500,311
Kathrine R Everett Charitable James Mcgregor Everett TrusteeDurham, NC$457,128
The Newman and Zeneth Ward Family FoundationMesa, AZ$258,702
Martin V and Martha K Smith FoundationCamarillo, CA$532,401
Tower Lights CharitiesAtlanta, GA$450,909
Memorial Hospital FoundationCarthage, IL$410,299
Percy and Zina Lamar FoundationLubbock, TX$478,603
Cass County Health Systems FoundationAtlantic, IA$402,070
Bellows Family FoundationChicago, IL$265,830
Dickinson Hospitals' FoundationIron Mountain, MI$366,311
Data update history
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
2800 W Big Beaver Rd Room 300
Troy, MI 48084
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Phone
(248) 643-6360
IRS details
EIN
20-0669940
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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