Sealark Foundation Inc Xxx-xx-xxxx

BOSTON, MA EIN: 13-3747240

Sealark Foundation Inc is a private family foundation established in 1997 and incorporated in Delaware. Based in Boston, Massachusetts, the foundation focuses its philanthropic efforts on education and oceanographic research.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$100.2M

+1.0% YoY

Annual Giving

$5.6M

-4.1% YoY

Grant Count

17

-29.2% YoY

Avg Grant Size

$329K

+35.4% YoY

Under IRS private-foundation payout rules, Sealark Foundation Inc Xxx-xx-xxxx reported a distributable amount of $6.0M 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 foundation's primary giving priorities are:

  • Education
  • Oceanographic research
  • Human services
  • Philanthropy and voluntarism

Grantmaking

The foundation has made grants to organizations including:

Grant Range

$1,250 to $2,100,000

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in:

  • Texas
  • Massachusetts
  • Maryland

Grant Distribution by State

5states

States

ConnecticutMassachusettsMarylandNew YorkTexas

Cities

BaltimoreBarnstableDallasFalmouthGreat BarringtonHyannisNew HavenNew YorkNorwalkPlanoWoods Hole

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $100,208,114
  • Total revenues: $7,318,595
  • Total expenses: $6,287,873
  • Investment income and dividends: $2,288,337
  • Net gain from sale of non-inventory assets: $5,030,258
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$7M$11M$14M20202021202220232024
Metric202420232022
Total Assets$100,208,114$99,184,477$103,907,274
Revenue$7,318,595$2,018,009$3,184,714
Expenses$6,287,873$6,440,836$6,205,089
Qualifying Distributions$5,717,280$5,925,240$5,424,046
Net Investment Income$6,739,814$1,531,310$2,653,671
Distributable Amount$6,037,841$5,486,832$5,742,775

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M44 grants202029 grants202127 grants202224 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BARD COLLEGE AT SIMON'S …$2.1MCOMMIT OPPORTUNITY 2040 …$1.0MHISTORIC HIGHFIELD INC$600KWOODS HOLE OCEANOGRAPHIC…$550KFOR OAK CLIFF$500KCOMMIT PARTNERSHIP$400KCHILD CARE GROUP$100KSCHOLARSHOT$75KBACHMAN LAKE TOGETHER FUND$75KNORTH TEXAS FOOD BANK$50K

Grant Size Distribution

141 grants across all recorded years

60<$50K18$50–100K20$100–250K17$250–500K20$500K–1M6$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bard College at Simon's Rock ($2,100,000), Commit Opportunity 2040 Fund 1 ($1,000,000), Historic Highfield Inc ($600,000).

RecipientPurposeAmount
THE FAMILY PLACE DALLAS, TXPROGRAM SUPPORT$10,000
WOODS HOLE OCEANOGRAPHIC INSTITUTE WOODS HOLE, MAPROGRAM SUPPORT$550,000
COMMIT PARTNERSHIP DALLAS, TXPROGRAM SUPPORT$400,000
BARD COLLEGE AT SIMON'S ROCK GREAT BARRINGTON, MAPROGRAM SUPPORT$2,100,000
COMMIT OPPORTUNITY 2040 FUND 1 DALLAS, TXPROGRAM SUPPORT$1,000,000
SCHOLARSHOT DALLAS, TXPROGRAM SUPPORT$75,000
FOR OAK CLIFF DALLAS, TXPROGRAM SUPPORT$500,000
CHILD CARE GROUP DALLAS, TXPROGRAM SUPPORT$100,000
DALLAS CASA DALLAS, TXPROGRAM SUPPORT$25,000
DALLAS FOUNDATION DALLAS, TXPROGRAM SUPPORT$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

Robert J. Laughlin, Esq. is listed as a key contact for the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES M CLARK JRPRESIDENT2—
KATHY M CLARKVICE PRESIDENT2—
JAMES RACKLERTREASURER, SECRETARY2—

Contact Information

Address: 800 Boylston Street, Boston, MA 02199-3600

Phone: 857-255-2100

EIN: 13-3747240

Frequently Asked Questions

What does Sealark Foundation Inc Xxx-xx-xxxx fund?

The foundation's primary giving priorities are: • Education • Oceanographic research • Human services • Philanthropy and voluntarism

How do I apply for a grant from Sealark Foundation Inc Xxx-xx-xxxx?

**Financial Capacity:** • Total assets: $100,208,114 • Total annual giving: $5,585,000 • Typical grant range: $1,250 to $2,100,000 **Recent Grants:** The foundation has made grants to organizations including: • North Texas Food Bank ($50,000 for program support, 2024) • Chesapeake Bay Outward Bound School ($25,000 for program support, 2024) • The Family Place ($10,000 for program support, 2024)

Where does Sealark Foundation Inc Xxx-xx-xxxx make grants?

The foundation's grantmaking is concentrated in: • Texas • Massachusetts • Maryland

What size grants does Sealark Foundation Inc Xxx-xx-xxxx award?

In 2024, Sealark Foundation Inc Xxx-xx-xxxx awarded 17 grants totaling $5.6M — an average of about $329K per grant, based on its IRS Form 990 filings.

How much is Sealark Foundation Inc Xxx-xx-xxxx required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sealark Foundation Inc Xxx-xx-xxxx reported a distributable amount of $6.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sealark Foundation Inc Xxx-xx-xxxx's EIN?

Sealark Foundation Inc Xxx-xx-xxxx's EIN (Employer Identification Number) is 13-3747240. 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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