Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Somerset County Foundation Inc is a nonprofit organization dedicated to education and business development, operating with an annual budget of $82.1K and total revenue of $255.5K for the filing year 2024. The foundation primarily focuses on philanthropy and education initiatives, supported by a diverse range of funders, none of which contribute more than 50% of its total revenue. While specific geographic focus is not detailed, the foundation's mission underscores its commitment to enhancing educational opportunities and fostering business growth within its community.

Mission Statement

EDUCATION AND BUSINESS DEVELOPMENT
Revenues
$255.5K
Expenses
$82.1K
Net Income:
+$173.3K
Assets
$248.2K
Liabilities
$0
Net Assets:
+$248.2K
Operating Budget
$82.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$500
Largest grant received
$500
J
James Marker
Board Member
G
Glenn E Miller Jr
Board Member
M
Michele Petrosky-Moon
Board Member

Frequently Asked Questions

What is SOMERSET COUNTY FOUNDATION INC’s budget?
In 2024, SOMERSET COUNTY FOUNDATION INC reported an annual operating budget of around $82 thousand. More detailed financial information is available to registered users.
What causes does SOMERSET COUNTY FOUNDATION INC support?
SOMERSET COUNTY FOUNDATION INC supports work in Education and Philanthropy.
Where does SOMERSET COUNTY FOUNDATION INC operate?
SOMERSET COUNTY FOUNDATION INC is headquartered in Somerset, PA.
Who funded SOMERSET COUNTY FOUNDATION INC recently?
In 2025, SOMERSET COUNTY FOUNDATION INC received grants from COMMUNITY FOUNDATION OF GREATER JOHNSTOWN, THE FRED S SHAULIS FOUNDATION INC, and THE FRED S SHAULIS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant SOMERSET COUNTY FOUNDATION INC received in 2024?
The largest grant to SOMERSET COUNTY FOUNDATION INC in 2024 exceeds <$1,000.
What is SOMERSET COUNTY FOUNDATION INC’s reliance on government grants?
SOMERSET COUNTY FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.