Seachange Capital Partners Inc
SeaChange Capital Partners Inc is a 501(c)(3) public charity based in New York, NY (EIN 20-5124665) that supports nonprofits facing complex financial and organizational challenges. The organization provides grants, loans, consulting services, and research to help nonprofits navigate challenges and seize opportunities. SeaChange also works to build effective connections between funders and nonprofits on associated issues.
Key facts about Seachange Capital Partners Inc
In short: Seachange Capital Partners Inc gave $1.3M across 47 grants in 2024 (avg $29K), top state New York. 98% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 20-5124665
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $1,347,942
- Grants made (2024)
- 47
- Average grant
- $28,680
- Median grant
- $20,000
- New grantees (estimate)
- 98% first-time grantees (46 of 47, 2024)
- Total assets
- $9,803,151
- Primary geography
- New York (36% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$9.8M
+10.0% YoY
Annual Giving
$1.3M
Grant Count
47
Avg Grant Size
$29K
Is Seachange Capital Partners Inc open to new grantees?
98%
first-time grantees, 2024
In 2024, 46 of 47 grantees (98%) were first-time recipients. First grants averaged $29K; repeat grants $35K. How we count
Medians: $20K first-time, $35K repeat.
- Giving grew 229% from 2021 to 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
SeaChange supports nonprofits facing complex financial and organizational challenges through grants, loans, consulting, and research to educate nonprofits, funders, and other stakeholders.
The organization focuses on four primary areas:
Mergers and Sustained Collaboration — Supporting nonprofits exploring or completing mergers, acquisitions, joint ventures, and other formal, sustained collaborations by covering a portion of transaction costs.
Program-Related Investments — Making flexible, impact-first loans to support real estate, working capital, and expansion capital needs of nonprofits.
Advice & Analysis — Providing guidance to nonprofits facing organizational or financial challenges, with most work provided on a pro bono basis.
Research & Insights — Sharing on-the-ground experience through articles, research reports, opinion pieces, and events.
Grantmaking
SeaChange makes grants to help nonprofits explore or implement mergers, joint ventures, programmatic alliances, and other types of formal, long-term, and sustainable collaborations.
Open Grants
4 open opportunities from Seachange Capital Partners Inc
Greater Philadelphia Nonprofit Repositioning Fund
Seachange Capital Partners Inc
Amount
Varies
Deadline
Rolling / Open
New York Shelter Acquisition and Predevelopment Fund (NYSAPF)
Seachange Capital Partners Inc
Amount
Up to $15 million total fund (combination of $5 million in first-loss capital and $10 million in program-related investment capital)
Deadline
Rolling / Open
NYC Bridge Funding for the Arts (NYCBFA)
Seachange Capital Partners Inc
Amount
Varies
Deadline
Rolling / Open
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Geographic Focus
Where this funder awards grants
SeaChange's primary geographic focus includes New York City and the Greater Philadelphia region. The organization also operates programs in Delaware.
Grant Distribution by State
Share of all 47 itemized 2024 grant dollars.
States
Cities
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 2024
Grant Size Distribution
112 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NYPRI New York, NY | Facilitate merger between two orgs | $225,000 |
| Cypress Hill Brooklyn, NY | Facilitate merger between two orgs | $80,000 |
| Ursuline University Erie, PA | Facilitate merger between two orgs | $75,000 |
| Lackawanna College Scranton, PA | Facilitate merger between two orgs | $50,000 |
| Peirce College Philadelphia, PA | Facilitate merger between two orgs | $50,000 |
| Seach for Commonground Washington, DC | Facilitate merger between two orgs | $40,000 |
| Self Help Community Services New York, NY | Facilitate merger between two orgs | $40,000 |
| Kansas Wesleyan University Salina, KS | Facilitate merger between two orgs | $38,982 |
| Cultural Vistas Washington, DC | Facilitate merger between two orgs | $37,500 |
| College Possible Saint Paul, MN | Facilitate merger between two orgs | $35,000 |
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Total Revenue: $3,735,687
- Total Expenses: $3,267,486
- Net Income: $468,201
- Net Assets: $8,251,238
- Total Assets: $9,803,151
Revenue Composition (2024):
- Contributions: $3,057,999 (81.9%)
- Program Services: $467,110 (12.5%)
- Investment Income: $169,275 (4.5%)
- Sales of Assets: $26,624 (0.7%)
- Other Revenue: $14,679 (0.4%)
Expenses (2024):
- Executive Compensation: $496,865 (15.2%)
- Other Salaries and Wages: $510,557 (15.6%)
SeaChange maintains diversified revenues and healthy reserves, which the organization notes allows it to be flexible, nimble, and risk-tolerant. The organization invests alongside its funding partners in every grantmaking and lending fund.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,803,151 | $8,914,155 | $9,672,602 |
| Revenue | $3,735,687 | $4,050,128 | $2,543,842 |
| Expenses | $3,267,486 | $3,112,459 | $2,229,360 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $195,899 | $30,127 | $4,061 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
John MacIntosh serves as Managing Partner.
Seachange Capital Partners Inc is led by Mark E. Reed III, Chair since 2024 (on filings since 2020); 5 of 15 officers listed in 2024 are compensated.
Officers on the 2024 filing
Mark E. Reed III
Chair
Trustee → Co-Chair, 2023
Co-Chair → Chair, 2024
On filings since 2020
10 hrs/week
No compensation reported
Georgia Levenson Keohane
Trustee
On filings since 2020
1 hr/week
No compensation reported
Margaret Crotty
Trustee
Trustee → Co-Chair, 2022
Co-Chair → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Aaron Siegel
Trustee
On filings since 2022
1 hr/week
No compensation reported
David Ringer
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Lori Slutky
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Omar Rush
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Paulette LoMonaco
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Stanley Richards
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
John Macintosh
Mng Partner
On filings since 2020
40 hrs/week
$142K (2020) → $209K (2024)
Tajreena Tabassoom
Partner
Vice President → Partner, 2022
On filings since 2020
40 hrs/week
$130K (2020) → $175K (2024)
Alex Volpicello
Secretary
On filings since 2023
40 hrs/week
$89K (2023) → $113K (2024)
Lindsay Kijewski
Partner
New on the 2024 filing
40 hrs/week
$145K (2024)
Minji Kim
Vice President
New on the 2024 filing
40 hrs/week
$128K (2024)
W. Bowman Cutter
Treasurer
Trustee → Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Former officers (9)
- Former: Frank Liu (2020–2023) — Trustee
- Former: Sister Paulette Lomonaco (2020–2023) — Trustee
- Former: Tata Traor-Rogers (2020–2023) — Trustee
- Former: Taylor Kushner (2020–2023) — Treasurer
- Former: Valarie Gay (2022–2023) — Trustee
- Former: Jessica L. Cavagnero (2020–2022) — Fmr Treasurer
- Former: Douglas Smith (2020–2021) — Chairman
- Former: Gary Syman (2020–2021) — Trustee
- Former: Nadya Shmavonian (2020–2021) — Partner
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Contact Information
- Address: 420 Lexington Ave, Suite 300, New York, NY 10170
- Phone: 844-869-7842
- Website: seachangecap.org
Frequently asked questions about Seachange Capital Partners Inc
How much does Seachange Capital Partners Inc give each year?
Seachange Capital Partners Inc gave $1.3M across 47 grants in 2024, according to its 2024 IRS Form 990 filing.
What is Seachange Capital Partners Inc's typical grant size?
Seachange Capital Partners Inc's median grant in 2024 was $20,000, and its average grant was $28,680, across 47 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Seachange Capital Partners Inc that year got $29K on average.
Where does Seachange Capital Partners Inc give grants?
Seachange Capital Partners Inc's top state is New York, with 36% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were Pennsylvania (33%) and District of Columbia (8%). The most frequent recipient cities were New York, NY (6 grants), Philadelphia, PA (6 grants), Washington, DC (6 grants) and Pennsylvania, PA (3 grants).
Does Seachange Capital Partners Inc give general operating support?
Not in 2024: none of the 47 grants with a stated purpose on Seachange Capital Partners Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Facilitate merger between two orgs" (47 grants).
Who are Seachange Capital Partners Inc's largest grantees?
Seachange Capital Partners Inc's largest 2024 grantees include Nypri ($225,000), Cypress Hill ($80,000) and Ursuline University ($75,000), according to its 2024 IRS Form 990 filing. Together they received 28% of its itemized 2024 grant dollars.
How large is Seachange Capital Partners Inc?
Seachange Capital Partners Inc reported $9.8M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $3.7M.
What does Seachange Capital Partners Inc fund?
SeaChange supports nonprofits facing complex financial and organizational challenges through grants, loans, consulting, and research to educate nonprofits, funders, and other stakeholders. The organization focuses on four primary areas: 1. **Mergers and Sustained Collaboration** — Supporting nonprofits exploring or completing mergers, acquisitions, joint ventures, and other formal, sustained collaborations by covering a portion of transaction costs. 2. **Program-Related Investments** — Making f…
How do I apply for a grant from Seachange Capital Partners Inc?
SeaChange makes grants to help nonprofits explore or implement mergers, joint ventures, programmatic alliances, and other types of formal, long-term, and sustainable collaborations. The organization manages multiple grantmaking programs: • SeaChange-Lodestar Fund for Nonprofit Collaboration • New York Merger and Collaboration Fund (NYMAC) • Greater Philadelphia Nonprofit Repositioning Fund (NRF) • Transformational Partnerships Fund (TPF) — with a focus on higher education • Fund for Delaware Co…
What is Seachange Capital Partners Inc's EIN?
Seachange Capital Partners Inc's EIN (Employer Identification Number) is 20-5124665. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Seachange Capital Partners Inc by hand.
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