The Edward and Karen Seaton Foundation

Private foundation · Grantmaker Grand Junction, CO EIN: 74-2834028

The Edward and Karen Seaton Foundation is a private foundation, based in Grand Junction, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $103K in total assets. In 2025, it awarded 1 grant totaling $100K. Net investment income was $10K.

Key facts about The Edward and Karen Seaton Foundation

In short: The Edward and Karen Seaton Foundation gave $100K across 1 grant in 2025 (avg $100K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

EIN
74-2834028
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$100,000
Grants made (2025)
1
Average grant
$100,000
Median grant
$100,000
Total assets
$102,935
Primary geography
Colorado (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$103K

-46.7% YoY

Annual Giving

$100K

+900.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$100K

+900.0% YoY

Under IRS private-foundation payout rules, The Edward and Karen Seaton Foundation reported a distributable amount of $56K for 2025 — the minimum it must pay out in qualifying distributions.

How The Edward and Karen Seaton Foundation gives

  • Giving grew 186% from 2022 to 2025. Method
  • In 2025 it paid out 180% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2025 grant dollars on its one itemized grant.

Cities

ManhattanMiamiGrand JunctionOlathePlymouth

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2020 3 grants2021 2 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $10K (2024) to $110K (2023). In 2025 it made 1 grant totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Western Colorado Journalism Foundation: $100KWestern Colorado JournalismFoundation$100K

The largest 2025 recipient was Western Colorado Journalism Foundation ($100K).

Grant Size Distribution

8 grants across all recorded years

6<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 8 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Western Colorado Journalism Foundation Grand Junction, COFurtherance of Exempt Purpose$100,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$102,935$193,089$190,946
Revenue$10,446$12,680$17,197
Expenses$100,600$10,537$110,269
Qualifying Distributions$100,000$10,000$110,009
Net Investment Income$10,446$12,680$17,187
Distributable Amount$55,535$52,627$47,200

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Edward and Karen Seaton Foundation is led by John D. Seaton, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John D. Seaton

    President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Edward M. Seaton

    Officer

    President, Secretary & Treasurer → Officer, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Edward and Karen Seaton Foundation

How much does The Edward and Karen Seaton Foundation give each year?

The Edward and Karen Seaton Foundation gave $100K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 1 grant.

How large is The Edward and Karen Seaton Foundation?

The Edward and Karen Seaton Foundation reported $103K in total assets on its 2025 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).

Where does The Edward and Karen Seaton Foundation operate?

The Edward and Karen Seaton Foundation has awarded grants in Colorado, Florida, Kansas, Massachusetts.

What is The Edward and Karen Seaton Foundation's EIN?

The Edward and Karen Seaton Foundation's EIN (Employer Identification Number) is 74-2834028. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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