Richard C Seaver 1978 Trust

LOS ANGELES, CA EIN: 95-3311102

The Richard C Seaver Charitable Trust 12-28-78 is a private family foundation established on December 28, 1978, and granted tax-exempt status in June 2007. Located in Los Angeles, California, the trust is a 501(c)(3) organization classified as a private independent foundation. Named for Richard Carlton Seaver (1922-2007), a prominent Los Angeles attorney and oil field equipment executive, the trust continues his family's philanthropic legacy.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.6M

+59.2% YoY

Annual Giving

$1.3M

+2.1% YoY

Grant Count

43

+10.3% YoY

Avg Grant Size

$31K

-7.4% YoY

Under IRS private-foundation payout rules, Richard C Seaver 1978 Trust reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The trust focuses on arts and education grantmaking across the United States. Richard Carlton Seaver held significant leadership roles in cultural and educational institutions, including service as vice chairman of the board of directors of the Seaver Institute, trustee at the Los Angeles County Museum of Natural History, trustee at Pomona College, trustee at California Institute of the Arts, and board director and president of the Los Angeles Music Center Opera Association. These affiliations reflect the trust's commitment to supporting arts and educational institutions.

Grantmaking

The trust has awarded a cumulative total of 39 grants. Annual giving amounts to approximately $1.3 million to $1.41 million. The trust operates with no public application process; grantmaking decisions are made at the discretion of the trustees. Specific grant sizes are not publicly disclosed.

Grant Range

s are not publicly disclosed.

How to Apply

; grantmaking decisions are made at the discretion of the trustees. Specific grant sizes are not publicly disclosed.

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Geographic Focus

Where this funder awards grants

The trust maintains a national geographic focus with particular emphasis on Los Angeles, New York, and San Francisco.

Grant Distribution by State

15states
+7 more states

Cities

Ann ArborArcadiaArcediaArlingtonAvalonBerkeleyCatskillClaremontColorado SpringsCoral GablesCovinaEl PortalEncinoFlorenceFrazier ParkHoustonIrvineLong BeachLos AngelesMckinney

Financial History

Multi-year comparison from IRS filings

Assets: $28.6 million (2024)

Annual Giving: $1.3 million to $1.41 million

Revenue: $1.45 million (2023)

Expenses: $1.41 million (2023)

Total Assets: $18 million (2023)

Total Liabilities: $0 (2023)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$13M20202021202220232024
Metric202420232022
Total Assets$28,585,600$17,961,391$17,898,329
Revenue$12,118,563$1,451,078$850,857
Expenses$1,513,859$1,410,510$1,780,841
Qualifying Distributions$1,334,500$1,300,000$1,632,925
Net Investment Income$11,960,905$1,340,668$734,618
Distributable Amount$1,279,228$1,293,960$1,326,850

Giving Over Time

Total grant dollars and number of grants per year

$0$408K$816K$1M$2M49 grants202047 grants202139 grants202239 grants202343 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

USCS FOUNDATION$256KUNIVERSITY OF HOUSTON$150KGEFFEN SCHOOL OF DRAMA Y…$115KSANTA BARBARA BOTANIC GA…$100KLOS ANGELES OPERA$75KSMITH COLLEGE$55KCALIFORNIA COMMUNITY FOU…$54KRARE VILLAGE FOUNDATION$54KCATALINA ISLAND CONSERVA…$50KHEARTBEAT OPERA$50K

Grant Size Distribution

217 grants across all recorded years

170<$50K24$50–100K22$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Uscs Foundation ($256,000), University of Houston ($150,000), Geffen School of Drama Yale University ($115,000).

RecipientPurposeAmount
ARCADIA PUBLIC LIBRARY ARCADIA, CACHARITABLE$5,000
BREAKTHROUGH T1D NEW YORK, NYMEDICAL RESEARCH$2,500
CALIFORNIA ART CLUB PASADENA, CACHARITABLE$5,000
CALIFORNIA COMMUNITY FOUNDATION LOS ANGELES, CACHARITABLE$54,000
CALIFORNIA STATE PARKS FOUNDATION SAN FRANCISCO, CARECREATION$2,500
CATALINA ISLAND CONSERVANCY LONG BEACH, CACHARITABLE$50,000
CEDARS SINAI MEDICAL CENTER LOS ANGELES, CACHARITABLE$1,000
COMMUNITY ARTS & EMPOWERMENT WATSONVILLE, CACHARITABLE$20,000
CONVALESCENT AID SOCIETY PASADENA, CACHARITABLE$5,000
DELTA COLLEGE STOCKTON, CAEDUCATION$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

The trust is managed by Richard Carlton Seaver's five children, who serve as trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
VICTORIA S DEANTrustee
R CARLTON SEAVERTrustee
PATRICK T SEAVERTrustee
CHRISTOPHER SEAVERTrustee
MARTHA SEAVERTrustee

Contact Information

Address: 12400 Wilshire Blvd, Suite 1240, Los Angeles, CA 90025-1058

Phone: 310-979-0298

Website: None

The trust does not maintain a public website and does not accept unsolicited applications.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Richard C Seaver 1978 Trust fund?

The trust focuses on arts and education grantmaking across the United States. Richard Carlton Seaver held significant leadership roles in cultural and educational institutions, including service as vice chairman of the board of directors of the Seaver Institute, trustee at the Los Angeles County Museum of Natural History, trustee at Pomona College, trustee at California Institute of the Arts, and board director and president of the Los Angeles Music Center Opera Association. These affiliations …

How do I apply for a grant from Richard C Seaver 1978 Trust?

The trust has awarded a cumulative total of 39 grants. Annual giving amounts to approximately $1.3 million to $1.41 million. The trust operates with no public application process; grantmaking decisions are made at the discretion of the trustees. Specific grant sizes are not publicly disclosed.

Where does Richard C Seaver 1978 Trust make grants?

The trust maintains a national geographic focus with particular emphasis on Los Angeles, New York, and San Francisco.

What size grants does Richard C Seaver 1978 Trust award?

In 2024, Richard C Seaver 1978 Trust awarded 43 grants totaling $1.3M — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is Richard C Seaver 1978 Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard C Seaver 1978 Trust reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard C Seaver 1978 Trust's EIN?

Richard C Seaver 1978 Trust's EIN (Employer Identification Number) is 95-3311102. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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