George J & Effie L Seay
The George J & Effie L Seay Foundation is a private foundation established in 1957 and based in Dallas, Texas. The foundation is managed by Bank of America Philanthropic Solutions' District of Columbia office. It operates as a 501(c)(3) organization with EIN 54-6030604.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.9M
+1.8% YoY
Annual Giving
$195K
-3.2% YoY
Grant Count
16
+23.1% YoY
Avg Grant Size
$12K
-21.4% YoY
Under IRS private-foundation payout rules, George J & Effie L Seay reported a distributable amount of $253K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to "support and promote programs and services provided by qualifying charitable organizations in the Commonwealth of Virginia."
Primary funding areas include:
- Human Services: The foundation's largest giving area historically. Focus areas include support for vulnerable youth, veterans, and disabled populations.
- Education: Grants span early childhood through higher education, supporting both public and private schools.
- Arts and Culture: Support for cultural programming and institutions.
Grantmaking
How to Apply
**: Applicants can contact the foundation through Bank of America's grantmaking portal at www.bankofamerica.com/grantmaking or by calling 888-866-3275.
Ready to take the next step with George J & Effie L Seay?
Geographic Focus
Where this funder awards grants
The foundation exclusively funds organizations in Virginia, with a particular emphasis on local efforts across Virginia communities.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $3.86 million (as of 2024)
Total Liabilities: $0 (as of 2024)
Revenue: $141,372 (fiscal year 2024)
Expenses: $283,543 (fiscal year 2024)
Net Income: -$142,171 (fiscal year 2024)
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,930,591 | $3,862,806 | $3,920,744 |
| Revenue | $393,333 | $141,372 | $-73,255 |
| Expenses | $281,032 | $283,543 | $243,443 |
| Qualifying Distributions | $233,231 | $236,785 | $206,698 |
| Net Investment Income | $327,553 | $101,649 | $48,598 |
| Distributable Amount | $252,601 | $216,679 | $204,878 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
68 grants across all recorded years
Open Grants
1 open opportunity from George J & Effie L Seay
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Childsavers-memorial Child ($20,000), Children Youth & Family Services ($20,000), Central Virginia Legal Aid Society ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE SKY FUND RICHMOND, VA | UNRESTRICTED GENERAL | $10,000 |
| LYNCHBURG GROWS LYNCHBURG, VA | UNRESTRICTED GENERAL | $5,000 |
| BOYS TO MEN MENTORING NETWORK OF VA ROCKVILLE, VA | UNRESTRICTED GENERAL | $7,500 |
| GIRLS ON THE RUN OF GREATER RICHMOND RICHMOND, VA | UNRESTRICTED GENERAL | $15,000 |
| CHILDSAVERS-MEMORIAL CHILD RICHMOND, VA | UNRESTRICTED GENERAL | $20,000 |
| CHILDREN YOUTH & FAMILY SERVICES CHARLOTTESVILLE, VA | UNRESTRICTED GENERAL | $20,000 |
| JUNIOR ACHIEVEMENT OF SWVA ROANOKE, VA | UNRESTRICTED GENERAL | $10,000 |
| CENTRAL VIRGINIA LEGAL AID SOCIETY RICHMOND, VA | UNRESTRICTED GENERAL | $20,000 |
| HEALTH BRIGADE RICHMOND, VA | UNRESTRICTED GENERAL | $10,000 |
| MEALS ON WHEELS CHESAPEAKE CHESAPEAKE, VA | UNRESTRICTED GENERAL | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $58,402 |
Frequently Asked Questions
What does George J & Effie L Seay fund?
The foundation's mission is to "support and promote programs and services provided by qualifying charitable organizations in the Commonwealth of Virginia." Primary funding areas include: • **Human Services**: The foundation's largest giving area historically. Focus areas include support for vulnerable youth, veterans, and disabled populations. • **Education**: Grants span early childhood through higher education, supporting both public and private schools. • **Arts and Culture**: Support for cu…
How do I apply for a grant from George J & Effie L Seay?
**Grant Amounts**: Typical awards range from $5,000 to $25,000. **Recent Activity**: The foundation distributed $194,500 in grants based on recent filings, with total expenses of $283,543 in fiscal year 2024. **Application Process**: Applicants can contact the foundation through Bank of America's grantmaking portal at www.bankofamerica.com/grantmaking or by calling 888-866-3275. **Recent Grantees** include: • Central Virginia Chapter of the Autism Society • Project S.E.R.V.E • Friends of Guest …
Where does George J & Effie L Seay make grants?
The foundation exclusively funds organizations in Virginia, with a particular emphasis on local efforts across Virginia communities.
What size grants does George J & Effie L Seay award?
In 2025, George J & Effie L Seay awarded 16 grants totaling $195K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is George J & Effie L Seay required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, George J & Effie L Seay reported a distributable amount of $253K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George J & Effie L Seay's EIN?
George J & Effie L Seay's EIN (Employer Identification Number) is 54-6030604. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in George J & Effie L Seay's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.