Seaver Family Foundation
- Assets
- $241.3k
- Revenue
- $750.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 05/2003
- Data as of
- 11/2023
- EIN
- 51-0461454
Organization Overview
Seaver Family Foundation is located in Boca Raton, FL. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Seaver 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 11/2023, Seaver Family Foundation generated $750.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $757.7k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Seaver Family Foundation has awarded 41 individual grants totaling $3,647,941. 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 |
|---|---|---|---|
Alexander M Seaver Co-Trustee | 0.25 | $0 | |
Christine N Seaver Co-Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750,000 |
| Interest on Savings | $790 |
| Dividends & Interest | $0 |
| 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 | $750,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180 |
| Total operating and administrative expenses | $7,652 |
| Contributions, gifts, grants paid | $750,000 |
| Total expenses and disbursements | $757,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,383 |
| Savings and temporary cash investments | $238,867 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $241,250 |
| 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, Seaver Family Foundation has awarded $750,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: OPERATIONS - EDUCATION | $350,000 |
EMILY DICKINSON MUSEUM PURPOSE: GENERAL PURPOSES | $50,000 |
RADICAL HOPE FOUNDATION PURPOSE: GENERAL PURPOSES | $10,000 |
SCONSET TRUST PURPOSE: GENERAL PURPOSES | $100,000 |
NEW CANAAN LIBRARY PURPOSE: OPERATIONS - EDUCATION | $110,000 |
TRUSTEES OF AMHERST COLLEGE PO BOX 5000 PURPOSE: OPERATIONS - EDUCATION | $25,000 |