Sealark Foundation Inc Xxx-xx-xxxx
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
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES M CLARK JR | PRESIDENT | 2 | — |
| KATHY M CLARK | VICE PRESIDENT | 2 | — |
| JAMES RACKLER | TREASURER, SECRETARY | 2 | — |
Contact Information
Address: 800 Boylston Street, Boston, MA 02199-3600
Phone: 857-255-2100
EIN: 13-3747240
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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