Seeding The Future Foundation
- Assets
- $40.9m
- Revenue
- $436.5k
- Investments
- $39.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-4718771
Organization Overview
Seeding The Future Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seeding The Future 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 12/2023, Seeding The Future Foundation generated $436.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Seeding The Future Foundation has awarded 86 individual grants totaling $7,266,820. 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 |
|---|---|---|---|
Annette Van Lengerich Dir, VP | 1 | $0 | |
Bernhard Van Lengerich Pres, Dir, Sec, Treas | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $89,903 |
| Dividends & Interest | $939,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$593,370 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $436,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,965 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,525 |
| Total operating and administrative expenses | $126,160 |
| Contributions, gifts, grants paid | $1,933,936 |
| Total expenses and disbursements | $2,060,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,818,541 |
| Net Accounts receivable | $2,008 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,861,333 |
| 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, Seeding The Future Foundation has awarded $1,933,936 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL & PURPOSE: GENERAL & UNRESTRICTED | $750 |
BLYTHEDALE CHILDREN'S HOSPITAL PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
EIT FOOD PURPOSE: EIT "FOOD FUTUREFOODMAKERS" FUND | $81,842 |
DEUTSCHE WELTHUNGERHILFE EV PURPOSE: PROMOTION OF DIGITAL INNOVATIONS FOR ZERO HUNGER - PART II FUND | $60,000 |
GARDEN SCHOOL FOUNDATION INC PURPOSE: GENERAL & UNRESTRICTED | $750 |
HUMANE AMERICA ANIMAL FOUNDATION PURPOSE: TAILORED FOOD PROJECT - SUPPORT FOR THE NUTRITIOUS LOW-COST FOOD IN LIBERIA, CAMEROON, ETHIOPIA, AND MOZAMBIQUE, AND NUTRITIOUS FOOD PRODUCTS FOR FAMILIES SUFFERING FROM MALNUTRITION | $25,000 |