George J. & Effie L. Seay Foundation
/OVERVIEW: The George J. & Effie L. Seay Foundation supports arts and culture, education and human services in Virginia.
FUNDING AREAS: Arts and culture, education, human services
IP TAKE: Contact this locally focused funder for single-year program support because the Seay Foundation considers assisting nonprofits in many Virginia communities.
PROFILE: Established in 1957, the George J. & Effie L. Seay Foundation is a private foundation that is managed by Bank of America Philanthropic Solutions’ District of Columbia (D.C.) office. George Seay was the first CEO of the Federal Reserve Bank, and he and his wife, Effie, lived in Richmond, Virginia. The foundation aims to “support and promote programs and services provided by qualifying charitable organizations in the Commonwealth of Virginia.” It funds local efforts for arts and culture, education and human services.
The George J. & Effie L. Seay Foundation has broad interests and supports a wide variety of nonprofit causes throughout the state of Virginia. The funder provides one-year grants and encourages applicants to either seek funding from the Morgan Trust or the Seay Foundation since requests typically exceed the available resources. The Seay Foundation usually does not consider awarding another grant to an organization for three years after the date of the last grant payment. This is a funder that mostly provides program and project support for specific training and services, but it is not a funder of general operating support.
Grants range between about $5,000 and $15,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses on communities in Virginia. Past local grantees include the Virginia Mentoring Partnership, Communities in Schools Richmond and Circle Center Adult Day Services.
This foundation accepts unsolicited grant applications from nonprofits. Grantseekers should submit applications through the Bank of America online system. The application deadline is April 1 each year, and the foundation notifies applications of its decisions by June 30. Direct general questions to the staff at dc.grantmaking@bankofamerica.com or 877-446-1410.
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