Somerville Health Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 2 grants totaling $25K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$556K
-2.4% YoY
Annual Giving
$25K
-6.1% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$13K
+40.9% YoY
Under IRS private-foundation payout rules, Somerville Health Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Somerville Health Foundation
Based on IRS filings
Somerville Health Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 2 grants totaling $25K. Net investment income was $14K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $556,474 | $570,391 | $587,940 |
| Revenue | $19,791 | $18,546 | $39,837 |
| Expenses | $33,708 | $36,061 | $41,786 |
| Qualifying Distributions | $28,438 | $29,942 | $35,365 |
| Net Investment Income | $13,944 | $13,456 | $34,019 |
| Distributable Amount | $30,283 | $29,139 | $33,026 |
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 2024
Grant Size Distribution
19 grants across all recorded years
Open Grants
1 open opportunity from Somerville Health Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Somerville Homeless Coalition ($20,000), Center for the Arts at the Armory ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOMERVILLE HOMELESS COALITION SOMERVILLE, MA | UNRESTRICTED GENERAL | $20,000 |
| CENTER FOR THE ARTS AT THE ARMORY SOMERVILLE, MA | UNRESTRICTED GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD MCCUE | PRESIDENT /CHAIR. | 1 | — |
| KATHLEEN MCGILVRAY | TRUSTEE | 1 | — |
| BANK OF AMERICA | AGENT FOR TRUSTEE, INVEST MGT | 1 | $7,257 |
| ROBINA BHASIN | TRUSTEE/CLERK | 1 | — |
| DOUG KRESS | TRUSTEE/DIRECTOR | 1 | — |
| ROB BUCHANAN | TRUSTEE/TREASURER | 1 | — |
| KATHLEEN R O'BRIEN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Somerville Health Foundation?
Somerville Health Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $556K in total assets as of 2024.
How large is Somerville Health Foundation?
As of 2024, Somerville Health Foundation holds $556K in total assets with $20K in annual revenue. It awarded 2 grants totaling $25K in 2024.
Where does Somerville Health Foundation operate?
Somerville Health Foundation has awarded grants in Massachusetts.
What size grants does Somerville Health Foundation award?
In 2024, Somerville Health Foundation awarded 2 grants totaling $25K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Somerville Health Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Somerville Health Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Somerville Health Foundation's EIN?
Somerville Health Foundation's EIN (Employer Identification Number) is 04-3382001. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Somerville Health Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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