Legal and 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. SeaChange’s most recent Form 990 are:
Our audited financial statements are:
Our conflict of interest policy is here.
The New York Pooled PRI Fund, LLC (the “NYPRI Fund”), is a Delaware Limited Liability Company exempt from registration as an Investment Company under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act”). SeaChange serves as the Managing Member of the NYPRI Fund.
The Contact Fund, LLC (the “Contact Fund”) is a New York Limited Liability Company exempt from registration as an Investment Company under the U.S. Investment Company. SeaChange manages the Contact Fund pursuant to a management services agreement.
The New York Merger, Acquisition, and Collaboration Fund, the Catalyst Fund, and the SeaChange-Lodestar Fund for Nonprofit Collaboration are grant-making programs of SeaChange that are referred to as “funds” because each has a distinct set of philanthropic funders to whom certain governance rights have been granted. None of these programs are distinct legal entities, nor are any subject to the Investment Company Act.
The Nonprofit Repositioning Fund is a pooled fund of nine philanthropic partners that encourages and supports mergers and other types of formal, long-term strategic alliances and restructuring opportunities among nonprofit organizations in Greater Philadelphia. The Nonprofit Repositioning Fund is held at the Philadelphia Foundation but managed by SeaChange pursuant to an administrative services agreement.