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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. Total assets have grown from $21.5M in 2021 to $27.2M in 2024. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. 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, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. 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.
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, DC.
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 | N/A |
Total Giving
N/A
Total Assets
$27.2M
Fair Market Value
N/A
Net Worth
$27.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| American Friends Of The Louvre IncGeneral & Unrestricted | New York, NY | $30K | 2023 |
| Trinity Universityentrepreneurial department fund | San Antonio, TX | $30K | 2023 |
| Elevado IncGeneral & Unrestricted | New York, NY | $25K | 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 |
| Xavier Mission IncGeneral & Unrestricted | New York, 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 |
| Ocean Conservancy IncGeneral & Unrestricted | Washington, DC | $10K | 2023 |
| Young Mens Christian Association Of Greater New YoMcBurney YMCA fund | New York, NY | $10K | 2023 |
| City Harvest IncGeneral & Unrestricted | Brooklyn, NY | $6K | 2023 |
| Environmental Defense Fund IncorporatedGeneral & Unrestricted | New York, NY | $6K | 2023 |
| Sylvester Manor Educational FarmGeneral & Unrestricted | Shelter Is, NY | $5K | 2023 |
| Shelter Island Historical SocietyGeneral & Unrestricted | Shelter Island, NY | $1K | 2023 |