Model
SeaChange helps nonprofits navigate complex challenges and seize opportunities.
We use our financial and transactional experience to guide, bring resources, and make connections for them.
We develop new mechanisms for our funding partners – both foundations and individuals – to support them.
We focus in areas where we can be a value-added resource (for nonprofits and funders) that more than justifies our costs.
We pilot new ideas with our own resources before inviting outside funders to join us in an appropriately structured “fund” which includes the capital (grants or loans) that will be provided to nonprofits and the operating support required to cover our associated costs. We invest alongside our funding partners in every grant-making and lending fund.
We get a lot done with our lean, high-quality team by partnering with our network of nonprofits, funders, and other technical assistance providers. We refer opportunities to others wherever possible. We do not believe that bigger is better.
Our diversified revenues, small size, and healthy reserves allow us to be flexible, nimble and risk-tolerant.
Funds
- The New York Pooled PRI Fund (NYPRI)
- Contact Fund
- NYC Bridge Funding for the Arts (NYCBFA)
- New York Shelter Acquisition and Predevelopment Fund (NYSAPF)
- SeaChange-Lodestar Fund for Nonprofit Collaboration
- The Greater Philadelphia Nonprofit Repositioning Fund (NRF)
- New York Merger and Collaboration Fund (NYMAC)
- Transformational Partnerships Fund (TPF)
New York City
The New York Pooled PRI Fund (NYPRI)
48 / $32.3m
$500k
2014
Collectively source, evaluate, make and manage program-related investments for a group of NYC foundations to provide flexible, high-impact loans to nonprofits.
- • SeaChange
- • Altman Foundation
- • The Carroll and Milton Petrie Foundation
- • The Clark Foundation
- • The Heckscher Foundation for Children
- • Jennifer and Jonathan Allan Soros Foundation
- • The J.M. Kaplan Fund
- • Lily Auchincloss Foundation
- • Mertz Gilmore Foundation
- • The New York Community Trust
- • The Thompson Family Foundation
- • Livelihood Impact Fund
- • Anonymous Foundation
Loans of up to $1.5 million; 1-5 year term; Interest rate ~0%-6%
Members Committee
Delaware LLC
See projects backed by this fund
SEE PORTFOLIOGreater New York City
Contact Fund
65 / $19.7m
$25k
2005
Flow capital from socially-motivated individual investors into nonprofits serving low-income communities in New York City and the surrounding metropolitan area.
- • SeaChange
- • 40+ Socially Motivated Individuals
Loans of up to $600,000; 1-5 year term; Interest rate ~5%-6%
Sole Member / SeaChange
New York Single-Member LLC
See projects backed by this fund
SEE PORTFOLIONew York City
NYC Bridge Funding for the Arts (NYCBFA)
19 / $612k
N/A
2023
Provide short-term, below-market loans to New York City nonprofit arts and culture organizations that are members of A.R.T./New York
- • SeaChange
- • Alliance of Resident Theatres/New York
Loans of up to $50,000; 6-12 month term; Interest rate 5%-7%
SeaChange / A.R.T./NY
Loans made through the SeaChange Special Impact Fund, LLC. (SeaChange is the sole member)
See projects backed by this fund
SEE PORTFOLIONew York City
New York Shelter Acquisition and Predevelopment Fund (NYSAPF)
1 / $3.75m
N/A
2023
Provide short-term, below-markets loans to nonprofit entities that are in negotiations with the NYC Department of Homeless Services to build, own, and operate homeless shelters
- • New York Pooled PRI Fund (NYPRI)
- • Jennifer and Jonathan Allan Soros Foundation
- • Reed Community Capital Management
- • New York City Housing Development Corporation (NYC HDC)
Loans of up to $3.75m; 12-18 month term; Interest rate 7%
Credit Committee
Delaware LLC
See projects backed by this fund
SEE PORTFOLIONational
SeaChange-Lodestar Fund for Nonprofit Collaboration
224 / $3.7m
N/A
2009
Encourage and support alliances, mergers, joint-ventures, and others types of formal, sustained long-term collaborations between nonprofits
- • SeaChange
- • The Lodestar Foundation
Seed, Exploratory and Implementation Grants
SeaChange / Lodestar
Program of SeaChange
See projects backed by this fund
SEE PORTFOLIOGreater Philadelphia (Five Counties)
The Greater Philadelphia Nonprofit Repositioning Fund (NRF)
138 / $2.9m
$30k
2015
Encourage and support alliances, mergers, joint-ventures, and others types of formal, sustained long-term collaborations between nonprofits
- • SeaChange
- • The Barra Foundation
- • BLBB Charitable
- • Comcast NBC Universal Foundation
- • Connelly Foundation
- • Foundations Community Partnership
- • HealthSpark Foundation
- • Independence Foundation
- • The Lodestar Foundation
- • The Nelson Foundation
- • The Patricia Kind Family Foundation
- • The Pew Charitable Trusts
- • The Philadelphia Foundation
- • Regional Foundation
- • Scattergood Foundation
- • William Penn Foundation
Seed, Exploratory and Implementation Grants
Governance Committee of Funders
Program of SeaChange
See projects backed by this fund
SEE PORTFOLIONew York City
New York Merger and Collaboration Fund (NYMAC)
97 / $2.9m
$25k
2012
Encourage and support alliances, mergers, joint-ventures, and others types of formal, sustained long-term collaborations between nonprofits
- • SeaChange
- • Altman Foundation
- • Booth Ferris Foundation
- • The Clark Foundation
- • The Heckscher Foundation for Children
- • The Lodestar Foundation
- • The New York Community Trust
- • The Thompson Family Foundation
Seed, Exploratory and Implementation Grants
Investment Committee
Program of SeaChange
See projects backed by this fund
SEE PORTFOLIOHigher Education
Transformational Partnerships Fund (TPF)
48 / $2.6m
$500k
2021
Provide colleges and universities support to explore student-centric partnerships that could meaningfully transform how they operate. Learn more at www.higheredpartnerships.org.
- • SeaChange
- • Ascendium Education Group
- • ECMC Foundation
- • The Kresge Foundation
Grants of up to $100,000 to support partnerships between institutions of higher education.
Governance Committee of Funders
Program of SeaChange
See projects backed by this fund
SEE PORTFOLIOFunders Login
If you are a NYPRI funder, please enter your login credentials to access fund materials. Please reach out to Minji Kim at mkim@seachangecap.org if you need access to the portal.
We Welcome Your Support
We can only help nonprofits because of financial support from foundations and socially-motivated individuals. If you believe in nonprofits and in our approach, we'd welcome you to join us as a "Friend of SeaChange." If you are involved with a nonprofit that SeaChange has helped, please consider "paying it forward" so that we can help others. Please email us to learn more about joining our funds.
DonateLegal &
financial
SeaChange Capital Partners, Inc. (“SeaChange”) is a Delaware non-stock corporation classified as a public charity that is tax-exempt under section 501(c)(3) of the Internal Revenue Code with EIN 20-5124665.
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