Seedcore Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BAKERSFIELD, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 29 grants totaling $275K. Net investment income was $624K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+28.1% YoY
Annual Giving
$275K
+96.1% YoY
Grant Count
29
+38.1% YoY
Avg Grant Size
$9K
+42.0% YoY
Under IRS private-foundation payout rules, Seedcore Foundation reported a distributable amount of $288K for 2024 — the minimum it must pay out in qualifying distributions.
About Seedcore Foundation
Based on IRS filings
Seedcore Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BAKERSFIELD, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 29 grants totaling $275K. Net investment income was $624K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,989,248 | $5,456,370 | $4,109,800 |
| Revenue | $2,112,831 | $1,383,203 | $1,292,259 |
| Expenses | $871,957 | $403,941 | $415,334 |
| Qualifying Distributions | $538,517 | $386,136 | $385,112 |
| Net Investment Income | $623,775 | $202,088 | $171,994 |
| Distributable Amount | $288,301 | $220,990 | $178,967 |
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
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Mission at Kern County ($99,775), Csub Foundation ($50,000), Samaritan's Purse ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APPLE CORE PROJECT INC BAKERSFIELD, CA | EVENT SPONSORSHIP | $4,625 |
| BAKERSFIELD CHRISTIAN HIGHSCHOOL BAKERSFIELD, CA | PROGRAM SUPPORT - KNOWLEDGE BOWL | $1,000 |
| BRIGHTER BITES BAKERSFIELD HOUSTON, TX | GENERAL SUPPORT | $2,250 |
| CALIFORNIA LIVING MUSEUM FOUNDATION BAKERSFIELD, CA | GENERAL SUPPORT | $1,200 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO, CA | COLLEGE SCHOLARSHIP PAYMENT | $4,000 |
| CALIFORNIA STATE UNIVERSITY OF BAKERSFIELD BAKERSFIELD, CA | COLLEGE SCHOLARSHIP PAYMENT | $4,000 |
| CHURCH WITHOUT WALLS BAKERSFIELD, CA | GENERAL SUPPORT | $2,000 |
| CSUB FOUNDATION BAKERSFIELD, CA | PROGRAM SUPPORT - SCHOLARSHIPS FOR LAWRENCE LIVERMORE LABS SUMMER DATA CHALLENGE | $7,000 |
| CSUB FOUNDATION BAKERSFIELD, CA | PROGRAM SUPPORT - CENTER FOR ENTREPRENEURSHIP & INNOVATION FUND | $50,000 |
| FRIENDS OF MERCY FOUNDATION BAKERSFIELD, CA | CATHERINE MCAULEY SOCIETY MEMBERSHIP - DONATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| INGRID LAKE | PRESIDENT | 8 | — |
| JOHN PAUL LAKE | TREASURER | 4 | — |
| DANIELLE PATTERSON | DIRECTOR | 40 | $89,760 |
| JOHN AND INGRID LAKE FAMILY TRUST | N/A | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Seedcore Foundation?
Seedcore Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BAKERSFIELD, CA. It holds $7.0M in total assets as of 2024.
How large is Seedcore Foundation?
As of 2024, Seedcore Foundation holds $7.0M in total assets with $2.1M in annual revenue. It awarded 29 grants totaling $275K in 2024.
Where does Seedcore Foundation operate?
Seedcore Foundation has awarded grants in California, Colorado, District of Columbia, Montana, North Carolina, Texas.
What size grants does Seedcore Foundation award?
In 2024, Seedcore Foundation awarded 29 grants totaling $275K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Seedcore Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Seedcore Foundation reported a distributable amount of $288K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Seedcore Foundation's EIN?
Seedcore Foundation's EIN (Employer Identification Number) is 82-5161618. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Seedcore Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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