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 with EIN 20-5124665.
In order to best advance our mission, SeaChange’s grantmaking and lending is organized into discrete funds structured to allow interested funders to participate. The New York Merger and Collaboration Fund, the Greater Philadelphia Nonprofit Repositioning Fund, the SeaChange-Lodestar Fund for Nonprofit Collaboration, the Transformational Partnerships Fund, and the Fund for Delaware Collaboration are grantmaking programs of SeaChange referred to as “funds” because each has a distinct set of philanthropic funders with certain governance rights. None of these programs are distinct legal entities, nor are any subject to the Investment Company Act.
The New York Pooled PRI Fund, LLC (the “NYPRI”), the New York Shelter Acquisition and Predevelopment Fund, LLC (the “NYSAPF”), and the SeaChange Special Impact Fund, LLC (the “Special Impact Fund”) are each 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 NYPRI, as the sole member and manager of the NYSAPF, and as sole member the Special Impact Fund.
The Contact Fund, LLC (the “Contact Fund”) is a New York Limited Liability Company exempt from registration as an Investment Company under the Investment Company Act. SeaChange manages the Contact Fund pursuant to a management services agreement.
The NYC Bridge Funding for the Arts (the “NYBFA”) is a joint venture of SeaChange and The Alliance of Resident Theatres/New York. Loans approved by NYBFA are made through the Special Impact Fund.
SeaChange serves as the fiscal sponsor for to mission aligned projects: the Massachusetts Nonprofit Collaboration Fund and the Sustained Collaboration Network.
Our conflict of interest policy is here.
Our privacy policy is here.
SeaChange’s most recent Forms 990s are here: 2024, 2023, 2022. Our audited financial statements are here: 2024, 2023, 2022. (Our financials are difficult to interpret given the timing mismatch of revenue and expense for our grantmaking funds and the consolidation of some – but not all – of our lending funds. If you need to understand them better, call.)
