Bill & Vi Sigmund Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, MI. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $7.3M in total assets. In 2023, it awarded 2 grants totaling $1.1M. Net investment income was $239K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$7.3M
-0.7% YoY
Annual Giving
$1.1M
+16.1% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$542K
+16.1% YoY
Under IRS private-foundation payout rules, Bill & Vi Sigmund Foundation reported a distributable amount of $555K for 2023 — the minimum it must pay out in qualifying distributions.
About Bill & Vi Sigmund Foundation
Based on IRS filings
Bill & Vi Sigmund Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, MI. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $7.3M in total assets. In 2023, it awarded 2 grants totaling $1.1M. Net investment income was $239K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $7,313,193 | $7,366,112 | $8,024,580 |
| Revenue | $1,166,538 | $409,702 | $1,632,322 |
| Expenses | $1,219,457 | $1,068,170 | $1,028,804 |
| Qualifying Distributions | $1,084,137 | $933,505 | $899,399 |
| Net Investment Income | $238,972 | $188,649 | $182,797 |
| Distributable Amount | $555,033 | $376,374 | $376,775 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Scholarships ($766,637), Grants Donations ($317,500).
| Recipient | Purpose | Amount |
|---|---|---|
| GRANTS DONATIONS JACKSON, MI | GENERAL FUND PURPOSES | $317,500 |
| SCHOLARSHIPS JACKSON, MI | TUITION, FEES AND BOOKS | $766,637 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RALPH L BODMAN | PRESIDENT | — | — |
| JOHN MACCHIA | DIRECTOR | — | — |
| KENT MAUER | DIRECTOR | — | — |
| CAROLYN PRATT | SECRETARY | — | $60,000 |
| CHRIS MCCLAFFERTY | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bill & Vi Sigmund Foundation?
Bill & Vi Sigmund Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, MI. It holds $7.3M in total assets as of 2023.
How large is Bill & Vi Sigmund Foundation?
As of 2023, Bill & Vi Sigmund Foundation holds $7.3M in total assets with $1.2M in annual revenue. It awarded 2 grants totaling $1.1M in 2023.
Where does Bill & Vi Sigmund Foundation operate?
Bill & Vi Sigmund Foundation has awarded grants in Michigan.
What size grants does Bill & Vi Sigmund Foundation award?
In 2023, Bill & Vi Sigmund Foundation awarded 2 grants totaling $1.1M — an average of about $542K per grant, based on its IRS Form 990 filings.
How much is Bill & Vi Sigmund Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Bill & Vi Sigmund Foundation reported a distributable amount of $555K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bill & Vi Sigmund Foundation's EIN?
Bill & Vi Sigmund Foundation's EIN (Employer Identification Number) is 30-0002491. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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