THE SOMERSET FOUNDATION INC
Cite this
Plain text THE SOMERSET FOUNDATION INC. Strategy Studio, nonprofit organization profile, tax years 2022–2024. https://strategystudio.org/org/954378188. Retrieved 2026-10-19.
APA Strategy Studio. (n.d.). THE SOMERSET FOUNDATION INC [Nonprofit organization profile; tax years 2022–2024]. Retrieved October 19, 2026, from https://strategystudio.org/org/954378188
MLA “THE SOMERSET FOUNDATION INC.” Strategy Studio, tax years 2022–2024, https://strategystudio.org/org/954378188. Accessed 19 Oct. 2026.
Retrieved 2026-10-19; covers tax years 2022–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990EZ · revenue $76K · expenses $89K · assets $131K
- EIN
- 95-4378188
- Address
- 5442 VILLAGE GRN # 12, LOS ANGELES, CA 90016-5107
- NTEE code
- Z99Z
- Subsection
- 501(c)(3)
- Ruling year
- 1992
- Cross-check
- ProPublica Nonprofit Explorer
Mission
A Public Service Arts and Media Foundation
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 5 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
5 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Howard B Dratch | Director and President | 2022-2024 | 3 | $0 reported | 1 |
| Dr Robert Rosenstone | Director Secretary | 2022-2024 | 1 | $0 reported | 1 |
| Neil Denker | Director | 2022-2024 | 1 | $0 reported | 1 |
| Jack S Appleyard | Director Treasurer | 2022-2024 | 1 | $0 reported | 1 |
| Samuel Egan | Director | 2022-2024 | 1 | $0 reported | 1 |
People by year
2024 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Howard B Dratch | Director and President | 3 | $0 | - | $0 | $0 | 1 |
| Dr Robert Rosenstone | Director Secretary | 1 | $0 | - | $0 | $0 | 1 |
| Neil Denker | Director | 1 | $0 | - | $0 | $0 | 1 |
| Jack S Appleyard | Director Treasurer | 1 | $0 | - | $0 | $0 | 1 |
| Samuel Egan | Director | 1 | $0 | - | $0 | $0 | 1 |
2023 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Howard B Dratch | President and CEO | 3 | $0 | - | $0 | $0 | 1 |
| Dr Robert A Rosenstone | Director Secretary | 1 | $0 | - | $0 | $0 | 1 |
| Neil Denker | Director Treasurer | 1 | $0 | - | $0 | $0 | 1 |
| Jack S Appleyard | Director | 1 | $0 | - | $0 | $0 | 1 |
| Samuel Egan | Director | 1 | $0 | - | $0 | $0 | 1 |
2022 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Howard B Dratch | Director President and CEO | 3 | $0 | - | $0 | $0 | 1 |
| Dr Robert Rosenstone | Director Secretary | 1 | $0 | - | $0 | $0 | 1 |
| Neil Denker | Director Treasurer | 1 | $0 | - | $0 | $0 | 1 |
| Jack S Appleyard | Director | 1 | $0 | - | $0 | $0 | 1 |
| Samuel Egan | Director | 1 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990EZ | ||||||||
| $75,557 | $89,310 | $131,258 | $131,258 | $75,000 | $0 | - | - | - |
| 2023 · Form 990EZ | ||||||||
| $82,416 | $83,841 | $145,436 | $145,436 | $82,416 | $0 | - | - | - |
| 2022 · Form 990EZ | ||||||||
| $85,860 | $93,851 | $146,861 | $146,861 | $85,860 | $0 | - | - | - |
Funders of this organization
4 grantors reported grants to this organization, $70,500 in all, tax years 2010 to 2022. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| CALIFORNIA COMMUNITY FOUNDATION | DAF sponsor | Exact | 2010, 2013 | 2 | $33,000 | 2013 | $8,000 | show |
| IMPACTASSETS INC | DAF sponsor | Exact | 2021-2022 | 2 | $20,000 | 2022 | $10,000 | show |
| JEWISH COMMUNITY FOUNDATION OF SAN DIEGO | DAF sponsor | Exact | 2012 | 1 | $15,000 | 2012 | $15,000 | show |
| CAROL AND GENE LUDWIG FAMILY FOUNDATION | Private foundation | Fuzzy filed as “THE SOMERSET FOUNDATION INC” | 2012 | 1 | $2,500 | 2012 | $2,500 | show |
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| SANTEE SANTAS FOUNDATION INC | CA | Z99 | $90,922 | $102,150 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, same state, similar name |
| TRU FOUNDATION | CA | Z99 | $88,223 | $88,223 | CEO/OWNER | $0 | Same NTEE code Z99, revenue within 2x, same state |
| OJAI EDUCATION FOUNDATION | CA | Z99 | $78,868 | $53,013 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, same state |
| MERCED BREAKFAST LIONS FOUNDATION | CA | Z99 | $56,421 | $85,650 | Secretary | $0 | Same NTEE code Z99, revenue within 2x, same state |
| THE PACIFIC CORINTHIAN YOUTH FOUNDATION | CA | Z99 | $82,793 | $91,306 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
| PASSKEYS FOUNDATION | CA | Z99 | $93,043 | $98,918 | DIRECTOR | $0 | Same NTEE code Z99, revenue within 2x, same state |
| THE VERT MOONEY RESEARCH FOUNDATION | CA | Z99 | $69,508 | $75,794 | SCIENTIFIC OFFICER | $48,070 | Same NTEE code Z99, revenue within 2x, same state |
| MADERA ROTARY FOUNDATION | CA | Z99 | $98,677 | $90,286 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
| S KU FOUNDATION | CA | Z99 | $90,531 | $212,823 | PRESIDENT & CEO | $0 | Same NTEE code Z99, revenue within 2x, same state |
| COOKSON RANCH FOUNDATION INC | CA | Z99 | $68,015 | $76,082 | Treasurer | $0 | Same NTEE code Z99, revenue within 2x, same state |
| CONSOLIDATED COMMUNICATIONS FOUNDATION | CA | Z99 | $83,822 | $86,728 | President and Board Member | $0 | Same NTEE code Z99, revenue within 2x, same state |
| LUKE MEDICAL FOUNDATION | CA | Z99 | $66,646 | $46,394 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, same state |
| CORONA CHAMBER FOUNDATION | CA | Z99 | $79,565 | $40,672 | President & CEO- Former | $184,776 | Same NTEE code Z99, revenue within 2x, same state |
| SJFB FOUNDATION FOR AGRICULTURAL EDUCATION | CA | Z99 | $56,336 | $81,159 | SEC/TREASURER | $102,000 | Same NTEE code Z99, revenue within 2x, same state |
| LA CANADA KIWANIS FOUNDATION | CA | Z99 | $69,077 | $79,003 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
| FRIENDS OF THE FOLSOM LIBRARY | CA | Z99 | $63,719 | $45,823 | Parliamentarian | $0 | Same NTEE code Z99, revenue within 2x, same state |
| COMMUNITY FOUNDATION LAND TRUST | CA | Z99 | $78,823 | $13,288 | SECRETARY | $380,740 | Same NTEE code Z99, revenue within 2x, same state |
| KASHMIR HUMAN RIGHTS FOUNDATION | CA | Z99 | $79,100 | $41,915 | Exec. Director | $0 | Same NTEE code Z99, revenue within 2x, same state |
| FARIBORZ FRED MATLOOB FOUNDATION | CA | Z99 | $71,094 | $90,974 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, same state |
| WALNUT CREEK CIVIC PRIDE FOUNDATION | CA | Z99 | $82,350 | $106,725 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, same state |
| MARY MARGARET SULLIVAN FOUNDATION | CA | Z99 | $68,348 | $65,133 | CHIEF FINANCIAL OFFICER | $0 | Same NTEE code Z99, revenue within 2x, same state |
| DAVID ROCK FOUNDATION | CA | Z99 | $95,000 | $68,310 | Trustee | $0 | Same NTEE code Z99, revenue within 2x, same state |
| LA HONDA EDUCATIONAL FOUNDATION | CA | Z99 | $91,303 | $86,038 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
| GLENOAKS ELEMENTARY SCHOOL FOUNDATION | CA | Z99 | $72,306 | $53,430 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
| IAFE UNITED INC | CA | Z99 | $87,902 | $18,058 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990EZ · $89,310 spent · pay $0 · grants $88,704 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Grants and similar amounts paid | $88,704 | 99.3% | |
| Other expenses (detail on Schedule O) | $542 | 0.6% | |
| Printing, publications, postage | $64 | 0.1% | |
| Total | $89,310 | 100% |
2023 · Form 990EZ · $83,841 spent · pay $0 · grants $83,841 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Grants and similar amounts paid | $83,841 | 100.0% | |
| Total | $83,841 | 100% |
2022 · Form 990EZ · $93,851 spent · pay $0 · grants $93,622 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Grants and similar amounts paid | $93,622 | 99.8% | |
| Occupancy, rent, utilities, maintenance | $229 | 0.2% | |
| Total | $93,851 | 100% |