The Nathan Seter Foundation
- Assets
- $24.4m
- Revenue
- $1.0m
- Investments
- $22.7m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 13-4150736
Organization Overview
The Nathan Seter Foundation is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Nathan Seter 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 12/2023, Nathan Seter Foundation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.4%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nathan Seter Foundation has awarded 233 individual grants totaling $7,222,715. 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 |
|---|---|---|---|
Robert Ross President | 2 | $0 | |
Jonathan Blattmachr Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $154,589 |
| Dividends & Interest | $385,128 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $476,377 |
| Capital Gain Net Income | $476,377 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,684 |
| Total Revenue | $1,034,778 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $72,438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $146,778 |
| Contributions, gifts, grants paid | $2,207,020 |
| Total expenses and disbursements | $2,353,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,673,148 |
| Savings and temporary cash investments | $0 |
| 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 | $6,530,639 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,355,531 |
| 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, The Nathan Seter Foundation has awarded $2,207,020 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEZER PURPOSE: UNRESTRICTED USE OF RECIPIENT | $5,000 |
AMERICAN COMMITTEE FOR SHAARE ZEDEK PURPOSE: UNRESTRICTED USE OF RECIPIENT | $100,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: UNRESTRICTED USE OF RECIPIENT | $10,000 |
AMERICAN FRIENDS OF IDF RABBINATE PURPOSE: UNRESTRICTED USE OF RECIPIENT | $176,520 |
AMERICAN FRIENDS OF MATAN PURPOSE: UNRESTRICTED USE OF RECIPIENT | $10,000 |
AMERICAN FRIENDS OF YAD ELIEZER PURPOSE: UNRESTRICTED USE OF RECIPIENT | $54,000 |