Sea Cove Foundation Inc
- Assets
- $19.0m
- Revenue
- $398.6k
- Investments
- $18.3m
- Employees
- 0
- Location
- Westport, CT
- Founding
- Data as of
- 12/2023
- EIN
- 47-1914807
Organization Overview
Sea Cove Foundation Inc is located in Westport, CT.
For the year ending 12/2023, Sea Cove Foundation Inc generated $398.6k 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 (27.1%) each year. All expenses for the organization totaled $950.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sea Cove Foundation Inc has awarded 35 individual grants totaling $6,224,500. 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 |
|---|---|---|---|
Giselle F Wagner Director/president | 1 | $0 | |
Paul A Myerson Director/secretary/treasur | 1 | $0 | |
Philip E Myerson Director | 1 | $0 | |
Emily M Myerson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $398,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $398,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,482 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,485 |
| Contributions, gifts, grants paid | $935,000 |
| Total expenses and disbursements | $950,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,677 |
| Savings and temporary cash investments | $638,001 |
| 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 | $18,344,254 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,996,932 |
| 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, Sea Cove Foundation Inc has awarded $935,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
URBAN WILD PURPOSE: SUPPORT PROGRAMS TO PRIVDE EDUCATIONAL WORKSHOPS AND PROGRAMS TO INCREASE ACCESS TO AGRICULTURAL TECHNOLOGIES. | $25,000 |
THE EVERGLADES FOUNDATION PURPOSE: SUPPORT TO RESTORE AND PROTECT THE EVERGLADES | $7,500 |
TRUST FOR PUBLIC LAND PURPOSE: SUPPORT SPACES OF PUBLIC LAND FOR PUBLIC USE | $12,500 |
EDWELL PURPOSE: SUPPORT INCREASED ACCESS OF EDUCATION | $40,000 |
GROWN NYC PURPOSE: SUPPORT PROGRAMS TO IMPROVE NYC QUALITY OF LIFE THROUGH ENVIRONMENTAL PROGRAMS | $100,000 |
BROOKLYN ORG PURPOSE: SUPPORT THE BENEFIT OF BROOKYLN | $125,000 |