Stephen M Seay Foundation Inc is located in Dallas, TX. The organization was established in 2007. 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. Stephen M Seay Foundation Inc 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, Stephen M Seay Foundation Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stephen M Seay Foundation Inc has awarded 325 individual grants totaling $4,725,500. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter K Lutken III Director | 2 | $2,250 | |
Lee-Ann Graham Director | 2 | $3,163 | |
David J Wood Director | 2 | $5,270 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $56,532 |
| Dividends & Interest | $575,629 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,141,866 |
| Capital Gain Net Income | $1,141,866 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,628 |
| Total Revenue | $1,792,655 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,683 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $10,956 |
| Taxes | $42,538 |
| Depreciation | $325 |
| Occupancy | $9,221 |
| Travel, conferences, and meetings | $1,480 |
| Printing and publications | $0 |
| Other expenses | $162,526 |
| Total operating and administrative expenses | $249,921 |
| Contributions, gifts, grants paid | $1,070,000 |
| Total expenses and disbursements | $1,319,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $622,308 |
| 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 | $17,729,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $875 |
| Total assets | $18,353,182 |
| 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 |
Over the last fiscal year, Stephen M Seay Foundation Inc has awarded $1,070,000 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURE CYCLING ASSOCIATION PURPOSE: HELP OTHERS | $2,500 |
AMERICAN RED CROSS PURPOSE: HELP OTHERS | $5,000 |
AMIGOS DE LAS AMERICAS PURPOSE: HELP OTHERS | $10,000 |
ASPEN VALLEY LAND TRUST PURPOSE: HELP OTHERS | $5,000 |
BIG BEND CONSERVANCY PURPOSE: HELP OTHERS | $25,000 |
BOY SCOUTS OF AMERICA-PHILMONT SCOUT RANCH PURPOSE: HELP OTHERS | $10,000 |