M&c Somewhere Foundation

RIPTON, VT EIN: 81-6177315

M&c Somewhere Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIPTON, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 3 grants totaling $871K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-20.2% YoY

Annual Giving

$871K

+21.1% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$290K

+61.5% YoY

Under IRS private-foundation payout rules, M&c Somewhere Foundation reported a distributable amount of $139K for 2024 — the minimum it must pay out in qualifying distributions.

About M&c Somewhere Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $2.2M (85%)

Oregon $120K (5%)

New York $105K (4%)

Massachusetts $100K (4%)

Pennsylvania $40K (2%)

Arizona $5K (0%)

Florida $1K (0%)

States

Arizona Florida Massachusetts New York Oregon Pennsylvania Vermont

Cities

EastonHartsdaleMiddleburyNew YorkPhoenixPortlandRiptonSarasotaShelburneWellesley Hills

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,715,893	$2,149,705	$2,796,602
Revenue	$113,130	$87,738	$1,049,310
Expenses	$885,153	$734,635	$669,641
Qualifying Distributions	$872,255	$720,575	$656,575
Net Investment Income	$101,741	$74,000	$37,527
Distributable Amount	$138,864	$154,890	$137,909

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vermont Community Foundation ($790,680), Fractured Atlas ($45,000), Wild Salmon Center ($35,000).

Recipient	Purpose	Amount
FRACTURED ATLAS HARTSDALE, NY	GENERAL FUND	$45,000
VERMONT COMMUNITY FOUNDATION MIDDLEBURY, VT	GENERAL FUND	$790,680
WILD SALMON CENTER PORTLAND, OR	GENERAL FUND	$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL H SELIGMANN	TRUSTEE	0.1	—
CYNTHIA W SELIGMANN	TRUSTEE	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is M&c Somewhere Foundation?

M&c Somewhere Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIPTON, VT. It holds $1.7M in total assets as of 2024.

How large is M&c Somewhere Foundation?

As of 2024, M&c Somewhere Foundation holds $1.7M in total assets with $113K in annual revenue. It awarded 3 grants totaling $871K in 2024.

Where does M&c Somewhere Foundation operate?

M&c Somewhere Foundation has awarded grants in Arizona, Florida, Massachusetts, New York, Oregon, Pennsylvania, Vermont.

What size grants does M&c Somewhere Foundation award?

In 2024, M&c Somewhere Foundation awarded 3 grants totaling $871K — an average of about $290K per grant, based on its IRS Form 990 filings.

How much is M&c Somewhere Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, M&c Somewhere Foundation reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.