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Somerset Collection Charitable Foundation

Tax-deductible

Troy, MI501(c)(3)Since 2004Foundations & GrantmakersEIN 20-0669940Revenue $220K in FY2025

On file with the IRS2800 West Big Beaver Road Room 300, 48084-3206 · Troy, MITax-exempt since Jul 2004Publicly supported — 509(a)(2)

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The organization will undertake numerous activities to raise funds in order to distribute the net proceeds to other tax-exempt organizations, primarily in the state of michigan.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $33K a year · 12% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$220K
-55% vs prior year
Spent
$394K
To programs
100%
Net assets
$473K
By yearFY2020–FY2025
Revenue
$220K
FY2025▼ -55%
Tap a bar for its year
Revenue by fiscal year
FY2020$123K
FY2021$363K
FY2022$337K
FY2023$111K
FY2024$492K
FY2025$220K
Expenses
$394K
FY2025▲ +79%
Tap a bar for its year
Expenses by fiscal year
FY2020$99K
FY2021$219K
FY2022$226K
FY2023$290K
FY2024$220K
FY2025$394K
Net assets
$473K
FY2025▼ -27%
Tap a bar for its year
Net assets by fiscal year
FY2020$298K
FY2021$443K
FY2022$554K
FY2023$375K
FY2024$647K
FY2025$473K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $394K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Nathan Forbes
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Linda McIntosh
Ass. Vice PR
$0Pt VII · Sec A
Andrea O'Connor
Secretary/Tr
$0Pt VII · Sec A
Mitchell Whitting
Ass. Vice PR
$0Pt VII · Sec A
See Somerset Collection Charitable Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises funds to give grants to Michigan charities.

Questions for Somerset Collection Charitable Foundation

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Provided by the organization

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1 program · $394K · in their own filed words · FY2025
01

The foundations primary purpose is to raise money and distribute the net proceeds to various tax-exempt organizations. 43 different tax-exempt organizations benefited from the net proceeds of the foundations money raising events. During 2025 394,003 was contributed to the 43 tax-exempt organizations.

$394Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 66 grants · $1.4M · 2020–2025
Detroit Historical SocietyFY2025$166,058
Various Donations Less Than 5001FY2025$99,378
Detroit Public TheatreFY2025$22,500
Detroit Institute of ArtsFY2025$20,133
Michigan Statewide - JatfFY2025$20,000
Pewabic Pottery Art InstituteFY2025$13,975
Detroit Dog RescueFY2025$10,031
The Guidance CenterFY2025$10,000
Friends for Foster KidsFY2025$10,000
Peace Love and Paws RescueFY2025$7,660
Fleece & Thank YouFY2025$7,392
Motown Historical MuseumFY2025$6,876
Various Donations Less Than 5001FY2024$66,505
Detroit Historical SocietyMI · FY2024$58,887
Fleece & Thank YouMI · FY2024$21,920
Detroit Public TheatreMI · FY2024$17,500
The Detroit Institute of ArtsMI · FY2024$17,433
Pewabic Pottery Art InstituteFY2024$14,684
See all 66 grants →

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$220K
Ln 12
Other incomeLn 4–11$220K
Money outPt IX
$394K
Ln 25
Programscol B$394K
Owns and owesPt X
$473K
net assets · Ln 32
Cash and savingsLn 1–2$473K
Total assetsLn 16$473K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$220K
Total revenueLn 12$220K
Assets in detailPt X, end of year
CashLn 1$473K
Cash and savings togetherLn 1–2$473K
Total assetsLn 16$473K
LiabilitiesLn 26$0
Net assetsLn 32$473K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$647K$473K
Total assetsLn 16$647K$473K
LiabilitiesLn 26$0$0
Net assetsLn 32$647K$473K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$394K$394K
Total functional expensesLn 25$394K$394K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $220K$394K−$174K$473K 990 PDF
FY2024 $492K$220K$272K$647K 990 PDF
FY2023 $111K$290K−$179K$375K 990 PDF
FY2022 $337K$226K$112K$554K 990 PDF
FY2021 $363K$219K$144K$443K 990 PDF
FY2020 $123K$99K$24K$298K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $219,821 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $492,096$219,821
I-12 Total revenuePrior year $492,096$219,821
I-13 Grants and similar amounts paidPrior year $220,385$394,003
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$0
I-18 Total expensesPrior year $220,385$394,003
I-19 Revenue less expensesPrior year $271,711−$174,182
Part VI · Governance 0 of 5 board members independent, 5 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $219,821 across 1 lines filed
Lines not itemized here account for $219,821 of total revenue; see the IRS return.
VIII-12 Total revenueExcluded from tax $219,821$219,821
Part IX · Statement of functional expenses $394,003 across 1 line filed
IX-1 Grants to domestic organizationsPrograms $394,003$394,003
IX-25 Total functional expensesPrograms $394,003 · Management $0 · Fundraising $0$394,003
Part X · Balance sheet $472,729 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $646,911$472,729
X-16 Total assetsStart of year $646,911$472,729
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $646,911$472,729
X-32 Total net assets or fund balancesStart of year $646,911$472,729
X-33 Total liabilities and net assetsStart of year $646,911$472,729
Part XI · Reconciliation of net assets $472,729 net assets at year end
XI-1 Total revenue$219,821
XI-2 Total expenses$394,003
XI-3 Revenue less expenses−$174,182
XI-4 Net assets at start of year$646,911
XI-10 Net assets at end of year$472,729

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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