Seed Foundation
- Assets
- $13.6m
- Revenue
- $659.2k
- Investments
- $13.2m
- Employees
- 0
- Location
- Elverson, PA
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-4194214
Organization Overview
Seed Foundation is located in Elverson, PA. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Seed 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 12/2022, Seed Foundation generated $659.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Seed Foundation has awarded 165 individual grants totaling $9,119,781. 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 |
|---|---|---|---|
Roland Thompson Chairmain | 1.5 | $0 | |
Todd Orlando Secretary/treasurer | 0.5 | $0 | |
Michael Blackstone Director | 0.5 | $0 | |
Edward Cone Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $304,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $266,493 |
| Capital Gain Net Income | $266,493 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $88,466 |
| Total Revenue | $659,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,945 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75,325 |
| Total operating and administrative expenses | $184,363 |
| Contributions, gifts, grants paid | $1,290,184 |
| Total expenses and disbursements | $1,474,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,077 |
| Savings and temporary cash investments | $138,397 |
| 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 | $13,225,174 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,080 |
| Total assets | $13,572,728 |
| 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, Seed Foundation has awarded $1,290,184 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN PASTORS NETWORK PURPOSE: UKRAINE INITIATIVE - TEN MEN PROJECT AND FOR SUPPLIES | $10,000 |
BAPTIST INTERNATIONAL EVANGELISTIC MIN PURPOSE: TO HELP WITH ONGOING NEEDS OF UKRAINIAN PEOPLE | $10,000 |
ANTIOCH BAPTIST CHURCH PURPOSE: DIESEL FUEL FOR SEA HOPE | $8,000 |
BAPTIST MID-MISSIONS PURPOSE: TO COMPLETE CHURCH REMODELING IN MALTA | $43,000 |
BAPTISTS EQUIPPING NATIONALS PURPOSE: LEBANON COHORT #3 - SPRING & FALL MODULES | $20,000 |
BAPTIST WORLD MISSION PURPOSE: TOWARD COMPLETION OF THE MARRIED STUDENTS' BUILDING AND TO REPLACE COLLEGE CLASSROOM FURNITURE | $31,000 |