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Seven Seas Community Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is % Foundation Source. It holds total assets of $27.2M. Annual income is reported at $26.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Seven Seas Community Foundation has made 24 grants totaling $457K, with a median grant of $10K. Annual giving has grown from $62K in 2022 to $396K in 2023. Individual grants have ranged from $1K to $110K, with an average award of $19K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in New York, Texas, Virginia, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Seven Seas Community Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, TX, VA.
Seven Seas Community Foundation has distributed a total of $457K across 24 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $1K to $110K.
Seven Seas Community Foundation typically selects its grantees rather than accepting unsolicited proposals.
Seven Seas Community Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jenna Fagnan | Dir, Pres, Sec, Treas | $0 | $0 | $0 |
Total Giving
$725K
Total Assets
$27M
Fair Market Value
$20.5M
Net Worth
$27M
Grants Paid
$396K
Contributions
$0
Net Investment Income
$6.3M
Distribution Amount
$656K
Total: $2.4M
Total Grants
24
Total Giving
$457K
Average Grant
$19K
Median Grant
$10K
Unique Recipients
18
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Girls Incorporated Of New York CityGeneral & Unrestricted | New York, NY | $110K | 2023 |
| St Ignatius SchoolGeneral & Unrestricted | Bronx, NY | $48K | 2023 |
| Notre Dame School Of ManhattanGeneral & Unrestricted | New York, NY | $40K | 2023 |
| Trinity Universityentrepreneurial department fund | San Antonio, TX | $30K | 2023 |
| American Friends Of The Louvre IncGeneral & Unrestricted | New York, NY | $30K | 2023 |
| Elevado IncGeneral & Unrestricted | New York, NY | $25K | 2023 |
| Xavier Mission IncGeneral & Unrestricted | New York, NY | $15K | 2023 |
| The New York Public Library Astor Lenox And TildenGeneral & Unrestricted | New York, NY | $15K | 2023 |
| North Fork Arts Center IncGeneral & Unrestricted | Greenport, NY | $15K | 2023 |
| Nature ConservancyMashomack Preserve fund | Arlington, VA | $10K | 2023 |
| Coalition For The Homeless IncNew York City area fund | New York, NY | $10K | 2023 |
| Human Rights Watch IncGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Young Mens Christian Association Of Greater New YoMcBurney YMCA fund | New York, NY | $10K | 2023 |
| Ocean Conservancy IncGeneral & Unrestricted | Washington, DC | $10K | 2023 |
| Environmental Defense Fund IncorporatedGeneral & Unrestricted | New York, NY | $6K | 2023 |
| City Harvest IncGeneral & Unrestricted | Brooklyn, NY | $6K | 2023 |
| Sylvester Manor Educational FarmGeneral & Unrestricted | Shelter Is, NY | $5K | 2023 |
| Shelter Island Historical SocietyGeneral & Unrestricted | Shelter Island, NY | $1K | 2023 |
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