Seabury Foundation
- Assets
- $21.1m
- Revenue
- $542.7k
- Investments
- $20.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 61-1934172
Organization Overview
Seabury Foundation is located in Chicago, IL. The organization was established in 2020. 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. Seabury 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, Seabury Foundation generated $542.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (71.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Seabury Foundation has awarded 175 individual grants totaling $2,283,118. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Seabury Vice President | 2 | $0 | |
Deborah Seabury Holloway Treasurer | 2 | $0 | |
Lindsey Morris Gutman Director | 0 | $0 | |
Dustin Holloway Secretary | 0 | $0 | |
Peter Fisk Director | 0 | $0 | |
Robin Holloway President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,295 |
| Interest on Savings | $13 |
| Dividends & Interest | $427,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,902 |
| Capital Gain Net Income | $56,902 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,669 |
| Total Revenue | $542,721 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $112,475 |
| Other employee salaries and wages | $55,000 |
| Pension plans, employee benefits | $29,757 |
| Interest | $0 |
| Taxes | $37,787 |
| Depreciation | $0 |
| Occupancy | $31,661 |
| Travel, conferences, and meetings | $12,591 |
| Printing and publications | $0 |
| Other expenses | $157,182 |
| Total operating and administrative expenses | $449,557 |
| Contributions, gifts, grants paid | $977,750 |
| Total expenses and disbursements | $1,427,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,120 |
| Savings and temporary cash investments | $71,294 |
| 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 | $12,616 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $945,309 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,056,308 |
| Accounts payable and accrued expenses | $2,871 |
| 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 | $2,871 |
Grants Awarded
Over the last fiscal year, Seabury Foundation has awarded $977,750 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
BOTTOM LINE PURPOSE: SUCCESS PROGRAM | $12,000 |
GOLDIN INSTITUTE PURPOSE: CHICAGO PEACE FELLOWS | $75,000 |
FRIENDS OF THE GARDEN THEATER PURPOSE: GENERAL OPERATING | $10,000 |
INGENUITY PURPOSE: INGENUITY ARTS PARTNER RE-ENGAGEMENT | $20,000 |
OAK PARK AND RIVER FOREST HIGH PURPOSE: SCHOLARSHIPS | $32,000 |
ROSIES HOUSE A MUSIC ACADEMY FOR PURPOSE: FREE AFTERSCHOOL MUSIC AND LEADERSHIP PROGRAM | $20,000 |