Seven Seas Community Foundation
Seven Seas Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $27.2M in total assets. In 2024, it awarded 28 grants totaling $124K. Net investment income was $959K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.2M
+0.7% YoY
Annual Giving
$124K
-68.5% YoY
Grant Count
28
+55.6% YoY
Avg Grant Size
$4K
-79.8% YoY
Under IRS private-foundation payout rules, Seven Seas Community Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Seven Seas Community Foundation
Based on IRS filings
Seven Seas Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $27.2M in total assets. In 2024, it awarded 28 grants totaling $124K. Net investment income was $959K.
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 | $27,174,282 | $26,973,652 | $21,354,892 |
| Revenue | $987,585 | $6,343,703 | $165,939 |
| Expenses | $786,955 | $724,943 | $286,093 |
| Qualifying Distributions | $672,755 | $691,845 | $64,198 |
| Net Investment Income | $958,985 | $6,332,059 | $158,809 |
| Distributable Amount | $1,033,467 | $656,281 | $754,601 |
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
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Notre Dame School of Manhattan ($30,000), Droste Mental Health Services Inc ($10,000), Coalition for the Homeless Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A Jones Florence, OR | TRAVEL, STUDY, OR SIMILAR PURPOSE | $2,608 |
| AMERICAN FRIENDS OF THE LOUVRE INC NEW YORK, NY | General & Unrestricted | $2,000 |
| COALITION FOR THE HOMELESS INC NEW YORK, NY | New York City Area Fund | $5,000 |
| D Lacouture Florence, OR | TRAVEL, STUDY, OR SIMILAR PURPOSE | $2,608 |
| D Villarreal Alpine, TX | TRAVEL, STUDY, OR SIMILAR PURPOSE | $2,333 |
| DROSTE MENTAL HEALTH SERVICES INC NEW YORK, NY | General & Unrestricted | $10,000 |
| E Hernandez Alpine, TX | TRAVEL, STUDY, OR SIMILAR PURPOSE | $1,951 |
| GIRLS INCORPORATED OF NEW YORK CITY NEW YORK, NY | General & Unrestricted | $5,000 |
| L Stewart Alpine, TX | TRAVEL, STUDY, OR SIMILAR PURPOSE | $2,110 |
| M Pirtle Reedsport, OR | TRAVEL, STUDY, OR SIMILAR PURPOSE | $2,608 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jenna Fagnan | Dir, Pres, Sec, Treas | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Seven Seas Community Foundation?
Seven Seas Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $27.2M in total assets as of 2024.
How large is Seven Seas Community Foundation?
As of 2024, Seven Seas Community Foundation holds $27.2M in total assets with $988K in annual revenue. It awarded 28 grants totaling $124K in 2024.
Where does Seven Seas Community Foundation operate?
Seven Seas Community Foundation has awarded grants in District of Columbia, New York, Oregon, Pennsylvania, Texas, Virginia.
What size grants does Seven Seas Community Foundation award?
In 2024, Seven Seas Community Foundation awarded 28 grants totaling $124K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Seven Seas Community Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Seven Seas Community Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Seven Seas Community Foundation's EIN?
Seven Seas Community Foundation's EIN (Employer Identification Number) is 87-2310759. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Seven Seas Community 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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