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Also known as: C/O WILMINGTON TRUST CO 009156-000
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Seed Corn Foundation Trust is a private co-operative based in WILMINGTON, DE. The foundation received its IRS ruling in 1998. The principal officer is Wilmington Trust Co A A Smith Jr. It holds total assets of $235K. Annual income is reported at $30K. Total assets have grown from $95K in 2011 to $225K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Seed Corn Foundation Trust has made 6 grants totaling $68K, with a median grant of $10K. The foundation has distributed between $13K and $40K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $40K distributed across 2 grants. Individual grants have ranged from $3K to $20K, with an average award of $11K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Seed Corn Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in ME.
Seed Corn Foundation Trust has distributed a total of $68K across 6 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $20K.
Seed Corn Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Seed Corn Foundation Trust is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David G Milliken | ADVISOR | $0 | $0 | N/A |
| Karin Griscom | ADVISOR | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$225K
Fair Market Value
$312K
Net Worth
$225K
Grants Paid
$15K
Contributions
$20K
Net Investment Income
$121K
Distribution Amount
$12K
Total Grants
6
Total Giving
$68K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Neighbors Helping Neighbors DowneastGENERAL PURPOSE | East Machias, ME | $8K | 2023 |
| Calais Veterans CenterGENERAL PURPOSE | Calais, ME | $4K | 2023 |
| H O M E IncGENERAL PURPOSE | Orland, ME | $3K | 2023 |
| Community School Of Mount Desert IslandGENERAL AND/OR EDUCATIONAL | Mount Desert, ME | $20K | 2022 |