Somerset Foundation Inc

Private foundation · Grantmaker Somerset, KY EIN: 45-3081613

Somerset Foundation Inc is a private foundation focused on Human Services, based in Somerset, KY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $253K.

Somerset Foundation Inc at a glance

In short: Somerset Foundation Inc gave $253K across 4 grants in 2024 (avg $63K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$252,780
+80.2% vs 2023
Grants made (2024)
4
+0.0% vs 2023
Average grant
$63,195
+80.2% vs 2023
Median grant
$26,166
Total assets
$1,021,585
-4.0% vs 2023
Primary geography
Kentucky (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Somerset Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

35 grants across all recorded years

31<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 35 (89%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

SomersetColumbusComstockLos AngelesNashvilleScience Hill

How Somerset Foundation Inc gives

  • Giving grew 85% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K8 grants2019 8 grants2020 8 grants2021 11 grants2022 4 grants2023 4 grants2024

From 2019 to 2024, annual grant giving ranged from $103K (2020) to $253K (2024). In 2024 it made 4 grants totaling $253K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
4 grants to individuals Recipients not named —$252,780
Your AI grants department

Ready to take the next step with Somerset Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2024$1,021,585$547,111$577,145$252,7804$512,197
2023$1,064,288$1,063,355$377,216$140,2944$350,136
2022$390,265$337,250$408,155$175,78011$399,204
2021$472,776$343,628$406,705$136,5848$385,303
2020$320,224$245,374$303,172$102,7378—
2019$378,022$296,846$401,127$225,9198—

Leadership & Key People

Officers and directors from IRS filings

Somerset Foundation Inc is led by Elsa Brown, President on every filing since 2019; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Elsa Brown

    President

    On filings since 2019

    15 hrs/week

    No compensation reported

  • Rodrigo Calderon

    Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Victor Catalino

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Christina Brown

    Secretary

    On filings since 2022

    8 hrs/week

    No compensation reported

Former officers (1)
  • Former: Christina Whittaker (2020–2021) — Secretary

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Somerset Foundation Inc

How much does Somerset Foundation Inc give each year?

Somerset Foundation Inc gave $253K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $140K across 4 grants.

What is Somerset Foundation Inc's typical grant size?

Somerset Foundation Inc's median grant in 2024 was $26,166, and its average grant was $63,195, across 4 grants on its 2024 IRS Form 990-PF.

Where does Somerset Foundation Inc give grants?

Somerset Foundation Inc gives mostly in Kentucky: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Somerset Foundation Inc give general operating support?

Yes: 75% of Somerset Foundation Inc's 2024 grants with a stated purpose (3 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Somerset Foundation Inc?

Somerset Foundation Inc reported $1.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $547K.

What is Somerset Foundation Inc?

Somerset Foundation Inc is a private foundation focused on Human Services, based in Somerset, KY. It holds $1.0M in total assets as of 2024.

What is Somerset Foundation Inc's EIN?

Somerset Foundation Inc's EIN (Employer Identification Number) is 45-3081613. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS September 1, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 22, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 19, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Explore Open Grants

Browse active grant opportunities in Somerset Foundation Inc's focus areas in our free grants database

Similar Funders

Similar funders in Kentucky

The Community Foundation of Louisville Inc

Louisville, KY

The Community Foundation of Louisville funds nonprofits across areas including education, arts and culture, health, and community development, with a focus on Louisville and surrounding communities while also supporting work beyond the region. Its 2025 grants ranged from $5,012 to $3,853,691, with a median of $22,987; it states that grant programs for local nonprofits use an open application and review process.

Philanthropy, Voluntarism & Grantmaking

Assets

$766.9M

Grants

678

Total Given

$55.0M

Blue Grass Community Foundation Inc

Lexington, KY

Blue Grass Community Foundation funds charitable causes and community needs, including education, housing, basic assistance, and youth wellbeing, primarily in Central and Appalachia Kentucky. Its 2025 grants ranged from about $5,000 to $520,000, with a median of about $16,700; the foundation’s website describes competitive grant opportunities but does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$296.2M

Grants

514

Total Given

$20.7M

LG&E and Ku Foundation Inc

Louisville, KY

The foundation funds community organizations in economic development, education, the environment, and diversity, as well as event sponsorships and tree-planting grants, primarily in communities served by LG&E and KU. Its 2025 grants ranged from $100 to $749,000, with a median of $2,500; 96% of grant dollars went to Kentucky. It accepts community grant applications through its online portal in March and October.

Philanthropy, Voluntarism & Grantmaking

Assets

$22.0M

Grants

497

Total Given

$4.3M

The Community Foundation of Louisville Depository Inc

Louisville, KY

The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.

Assets

$24.0M

Grants

421

Total Given

$20.5M

John B & Brownie Young Memorial Fund

Owensboro, KY

The fund provides scholarships to eligible high school seniors from four Owensboro-area Kentucky school districts for full-time college or vocational/technical study, primarily supporting the first year. Awards are at least $500, with a $500 median grant in 2025; larger awards depend on students’ financial need. Students are notified and receive application information through their school counselor and Independence Bank; the fund does not state whether it accepts unsolicited requests.

Assets

$13.5M

Grants

392

Total Given

$894K

Honorable Order of Kentucky Colonels Inc

Louisville, KY

The Honorable Order of Kentucky Colonels funds Kentucky 501(c)(3) organizations serving Kentuckians, supporting projects in areas such as education, health, community services, arts, and disaster relief. Its 2024 grants ranged from $370 to $500,000, with a median of about $6,000; Good Works applications require a letter of intent, and the profile does not state whether unsolicited requests are accepted.

Community Improvement & Capacity Building

Assets

$23.5M

Grants

358

Total Given

$4.5M

More similar funders

More Funders in Kentucky

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Somerset Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Somerset Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?