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Private Foundation · GA

Somerset Foundation Inc

Atlanta, GA  ·  EIN 582360568  ·  Website (ProPublica) ↗  ·  990s on ProPublica ↗

Assets

$2.5M

Total Giving

$650K

Grants on File

60

Average Grant

$11K

Giving Radius

Where Somerset Foundation Inc Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — no grants on file CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — $610K across 55 grants HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — $40K across 5 grants ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 20 recipients across 2 states. Top concentrations: atlanta ($280K, 27 grants), ATLANTA ($256K, 22 grants), flowery branch ($49K, 4 grants), cashiers ($40K, 5 grants), decatur ($25K, 2 grants).

Section I

How to Apply

Applications should be submitted in letter form setting forth in detail the purpose of the grant, area to be served, budget, and other pertinent information.

On Unsolicited Proposals yes

Restrictions

None

Section IV

Recent Grants

Recipient Amount Year
gilgal $5K 2020
the shephard center $10K 2020
humorology atlanta ha $5K 2020
Heartbound Ministries $5K 2020
star-c communities $15K 2020
mt youth charities jam fund $5K 2020
boys and girls club of the plateau $10K 2020
clifton sanctuary ministries $20K 2020
eagle ranch $10K 2020
The Good Samaritan Health Center $10K 2020
aris theatre $5K 2020
Ben Franklin Academy $5K 2020
Create Your Dreams $5K 2020
Ronald Mcdonald House $10K 2020
Atlanta Youth Academy $20K 2020
connections school $10K 2020
Ben Franklin Academy $15K 2021
The Good Samaritan Health Center $12K 2021
gilgal $7K 2021
aris theatre $13K 2021
Atlanta Youth Academy $22K 2021
star-c communities $17K 2021
connections school $12K 2021
Ronald Mcdonald House $15K 2021
the shephard center $12K 2021

Page 1 of 3 · 60 total

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $1.5M $175K $225K $189K
2022 $1.5M $164K $79K $169K
2021 $1.6M $174K $129K $198K
2020 $1.7M $149K $173K $172K
2019 $1.7M $135K $342K $169K
2015 $1.0M $51K $110K $83K
2014 $1.0M $74K $42K $68K
2013 $1.0M $60K $297K $68K
2012 $810K $56K $54K $62K
2011 $816K $55K $101K $57K

Section VII

Foundations Like This One

Similar in focus area, location, and asset size. Worth researching as part of the same campaign.

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Assets

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Assets