Seaver Institute
- Assets
- $39.1m
- Revenue
- $2.8m
- Investments
- $38.5m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/1956
- Data as of
- 06/2022
- EIN
- 95-6054764
Organization Overview
Seaver Institute is located in Los Angeles, CA. The organization was established in 1956. 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. Seaver Institute 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 06/2022, Seaver Institute generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Seaver Institute has awarded 234 individual grants totaling $4,796,060. 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 |
|---|---|---|---|
Victoria Seaver Dean President | 40 | $265,000 | |
Robert Flick Asst. Secretary | 0 | $0 | |
Martha Seaver Vice Chairman | 0 | $0 | |
Jennie Dean Director | 0 | $0 | |
Nancy Bekavac Director | 0 | $0 | |
Marie Knowles Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Partners Capital | 6/29/23 | $259,360 |
Cornerstone Capital | 6/29/23 | $50,283 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,275 |
| Dividends & Interest | $286,775 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,161,644 |
| Capital Gain Net Income | $2,161,644 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $316,509 |
| Total Revenue | $2,796,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $241,000 |
| Other employee salaries and wages | $52,212 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74,489 |
| Depreciation | $0 |
| Occupancy | $34,958 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,426 |
| Total operating and administrative expenses | $1,136,050 |
| Contributions, gifts, grants paid | $1,632,400 |
| Total expenses and disbursements | $2,768,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,270 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $77 |
| 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 | $32,805,549 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,487 |
| Total assets | $39,094,188 |
| 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, Seaver Institute has awarded $1,721,700 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
AQUARIUM OF THE PACIFIC PURPOSE: QUALIFIED EXEMPT CHARITABLE PURPOSE | $2,500 |
BEYOND BARRIERS ATHLETIC FOUNDATION PURPOSE: QUALIFIED EXEMPT CHARITABLE PURPOSE | $1,000 |
ARCS FOUNDATION INC PURPOSE: QUALIFIED EXEMPT CHARITABLE PURPOSE | $20,000 |
BOSTON COLLEGE PURPOSE: QUALIFIED EXEMPT CHARITABLE PURPOSE | $3,000 |
DIGITAL NEST PURPOSE: QUALIFIED EXEMPT CHARITABLE PURPOSE | $10,000 |
EXPONENT PHILANTHROPY PURPOSE: QUALIFIED EXEMPT CHARITABLE PURPOSE | $2,000 |