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M&C Somewhere Foundation is a private trust based in RIPTON, VT. The foundation received its IRS ruling in 2016. It holds total assets of $1.7M. Annual income is reported at $113K. Total assets have decreased from $4M in 2015 to $2.1M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Vermont and Oregon. According to available records, M&C Somewhere Foundation has made 20 grants totaling $1.7M, with a median grant of $20K. Annual giving has grown from $107K in 2020 to $719K in 2023. Individual grants have ranged from $1K to $650K, with an average award of $84K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Vermont, Massachusetts, Oregon, which account for 65% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$50K
Average Grant
$218K
Largest Grant
$600K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
M&C Somewhere Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in VT, MA, OR.
M&C Somewhere Foundation has distributed a total of $1.7M across 20 grants. The median grant size is $20K, with an average of $84K. Individual grants have ranged from $1K to $650K.
M&C Somewhere Foundation typically selects its grantees rather than accepting unsolicited proposals.
M&C Somewhere Foundation is headquartered in RIPTON, VT. While based in VT, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael H Seligmann | TRUSTEE | $0 | $0 | N/A |
| Cynthia W Seligmann | TRUSTEE | $0 | $0 | N/A |
Total Giving
$735K
Total Assets
$2.1M
Fair Market Value
$2.9M
Net Worth
$2.1M
Grants Paid
$719K
Contributions
N/A
Net Investment Income
$74K
Distribution Amount
$155K
Total: $349K
Total Grants
20
Total Giving
$1.7M
Average Grant
$84K
Median Grant
$20K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vermont Community FoundationGENERAL FUND | Middlebury, VT | $650K | 2023 |
| The Stronghold FundGENERAL FUND | Portland, OR | $35K | 2023 |
| Fractured AtlasGENERAL FUND | Hartsdale, NY | $27K | 2023 |
| Middlebury Studio SchoolGENERAL FUND | Middlebury, VT | $7K | 2023 |
| Friends Of Ripton SchoolGENERAL FUND | Ripton, VT | $5K | 2022 |
| Human Relations ServiceGENERAL FUND | Wellesley Hills, MA | $50K | 2021 |
| Karl Stirner Arts TrailGENERAL FUND | Easton, PA | $20K | 2021 |
| Homeward BoundGENERAL FUND | Phoenix, AZ | $5K | 2021 |
| B TeamGENERAL FUND | New York, NY | $20K | 2020 |
| Shelburne FarmsGENERAL FUND | Shelburne, VT | $5K | 2020 |
| Middlebury UndergroundGENERAL FUND | Middlebury, VT | $5K | 2020 |
| Southern Atelier IncGENERAL FUND | Sarasota, FL | $1K | 2020 |
CRAFTSBURY CM, VT
STOWE, VT
MARLBORO, VT