The Seaver Endowment
- Assets
- $4.1m
- Revenue
- $215.1k
- Investments
- $3.9m
- Employees
- 0
- Location
- Sierra Madre, CA
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 20-6595504
Organization Overview
The Seaver Endowment is located in Sierra Madre, CA. The organization was established in 2005. 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 Endowment 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 12/2022, Seaver Endowment generated $215.1k 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 (7.6%) each year. All expenses for the organization totaled $386.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Seaver Endowment has awarded 228 individual grants totaling $2,483,753. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50 |
| Dividends & Interest | $79,155 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $112,674 |
| Capital Gain Net Income | $112,674 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,205 |
| Total Revenue | $215,084 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,032 |
| Other expenses | $100 |
| Total operating and administrative expenses | $42,902 |
| Contributions, gifts, grants paid | $343,983 |
| Total expenses and disbursements | $386,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $238,031 |
| 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 | $7,729 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,753,382 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,098,120 |
| 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, The Seaver Endowment has awarded $343,983 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ARCADIA HIGH SCHOOL PURPOSE: TO PROMOTE EDUCATION | $20,000 |
LIBRARY FOUNDATION OF LOS ANGELES PURPOSE: TO PROMOTE READING AND GENERAL EDUCATION | $10,000 |
CARNEGIE INSTITUTION FOR SCIENCE PURPOSE: TO PROMOTE SCIENCE AND EDUCATION | $20,000 |
COMMENTARY INC PURPOSE: TO SUPPORT PUBLIC MEDIA | $2,000 |
CONVALESCENT AID SOCIETY PURPOSE: TO PROMOTE HEALTH SERVICES | $5,000 |
FOUNDATION FOR INDIVIDUAL RIGHTS AND EDUCATION PURPOSE: TO DEFEND HUMAN RIGHTS AND FREEDOMS THROUGH LEGAL MEANS | $30,000 |