Seligman Family Foundation
- Assets
- $1.7m
- Revenue
- $21.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 06/1992
- Data as of
- 12/2022
- EIN
- 38-2972397
Organization Overview
Seligman Family Foundation is located in Southfield, MI. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seligman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Seligman Family Foundation generated $21.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $426.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Seligman Family Foundation has awarded 496 individual grants totaling $7,102,937. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Seligman President & Trustee | 0 | $0 | |
Sandra Seligman Secretary & Trustee | 0 | $0 | |
Seth Meltzer Treasurer & Trustee | 0 | $0 | |
Stephanie M Zimmerman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,391 |
| Interest on Savings | $869 |
| Dividends & Interest | $28,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,108 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,933 |
| Total operating and administrative expenses | $12,633 |
| Contributions, gifts, grants paid | $413,423 |
| Total expenses and disbursements | $426,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $82,706 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,665,543 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Seligman Family Foundation has awarded $413,423 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
AJC PURPOSE: CHARITABLE WITHOUT RESTRICTIONS | $12,500 |
ALGEMEINER INC PURPOSE: CHARITABLE WITHOUT RESTRICTIONS | $15,000 |
AMERICAN ISRAEL EDUCATION FOUNDATION PURPOSE: CHARITABLE WITHOUT RESTRICTIONS | $30,000 |
BAKEHOUSE ART COMPLEX PURPOSE: CHARITABLE WITHOUT RESTRICTIONS | $250 |
BARBARA ANN KARMANOS CANCER INSTITUTE PURPOSE: CHARITABLE WITHOUT RESTRICTIONS | $12,923 |
BAY AREA FRIENDSHIP CIRCLE PURPOSE: CHARITABLE WITHOUT RESTRICTIONS | $2,500 |