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Bill & Vi Sigmund Foundation is a private corporation based in JACKSON, MI. The foundation received its IRS ruling in 2002. It holds total assets of $7.3M. Annual income is reported at $3.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bill & Vi Sigmund Foundation has made 10 grants totaling $4.6M, with a median grant of $464K. Annual giving has grown from $794K in 2020 to $1.1M in 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 4 grants. Individual grants have ranged from $196K to $767K, with an average award of $464K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Bill & Vi Sigmund Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MI.
Bill & Vi Sigmund Foundation has distributed a total of $4.6M across 10 grants. The median grant size is $464K, with an average of $464K. Individual grants have ranged from $196K to $767K.
The application deadline is APPLICATIONS FOR SCHOOL YEAR 2020/ 2021 MUST BE RECEIVED ON OR BEFORE APRIL 15, 2021.. GIFTS, GRANTS AND AWARDS SHALL BE LIMITED TO PERSONS AND ORGANIZATIONS RESIDING IN JACKSON AND LENAWEE COUNTIES IN THE STATE OF MICHIGAN.
Bill & Vi Sigmund Foundation is headquartered in JACKSON, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carolyn Pratt | SECRETARY | $60K | $0 | $60K |
| John Macchia | DIRECTOR | $0 | $0 | $0 |
| Kent Mauer | DIRECTOR | $0 | $0 | $0 |
| Chris Mcclafferty | DIRECTOR | $0 | $0 | $0 |
| Ralph L Bodman | PRESIDENT | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$7.3M
Fair Market Value
$20.4M
Net Worth
$7.3M
Grants Paid
$1.1M
Contributions
$0
Net Investment Income
$239K
Distribution Amount
$555K
Total: $6.9M
Total Grants
10
Total Giving
$4.6M
Average Grant
$464K
Median Grant
$464K
Unique Recipients
2
Most Common Grant
$360K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ScholarshipsTUITION, FEES AND BOOKS | Jackson, MI | $767K | 2023 |
| Grants DonationsGENERAL FUND PURPOSES | Jackson, MI | $318K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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