THE SEAVER INSTITUTE

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ON MARCH 6, 2023, THE SEAVER INSTITUTE, A CALIFORNIA NONPROFIT CORPORATION "CALIFORNIA INSTITUTE" (FEIN: 95-6054764) MERGED INTO THE SEAVER INSTITUTE, A DELAWARE NON-STOCK NON-PROFIT CORPORATION "DELAWARE INSTITUTE" (FEIN: 30-1322696).THE DELAWARE INSTITUTE IS ALSO A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(a) OF THE CODE AND INCIDENT TO THE MERGER, THE CALIFORNIA INSITUTE HAS TRANSFERRED ALL OF ITS ASSETS TO THE DELAWARE INSTITUTE AS OF JUNE 30, 2023. ON JUNE 30, 2023, THE CALIFORNIA INSITUTE HAS VOLUNTARILY TERMINATED ITS PRIVATE FOUNDATION STATUS BY PROVIDING A NOTICE PURSUANT TO CODE SECTION 507(A)(1).SECTION 507(C) OF THE CODE PROVIDES THAT WHEN AN ORGANIZATION VOLUNATRILY TERMINATES ITS PRIVATE FOUNDATION STATUS PURSUANT TO SECTION 507(A), THE TAX IMPOSED ON SUCH TERMINATION IS EQUAL TO THE LESSER OF: (1) THE AGGREGATE TAX BENEFIT RESULTING FROM THE SECTION 501(C)(3) STATUS OF THE FOUNDATION, OR (2) THE VALUE OF THE NET ASSETS OF THE FOUNDATION. SECTION 507(E) OF THE CODE PROVIDES THAT FOR PURPOSES OF SECTION 507(C), THE VALUE OF THE NET ASSETS SHALL BE DETERMINED AT WHICHEVER TIME SUCH VALUE IS GREATER: (1) THE FIRST DAY UPON THAT ACTION IS TAKEN THAT CULMINATES IN THE ORGANIZATION CEASING TO BE A PRIVATE FOUNDATION, OR (2) THE DATE UPON WHICH IT CEASES TO BE A PRIVATE FOUNDATION. THE CALIFORNIA INSTITUTE DOES NOT CURRENTLY HAVE ANY REMAINING ASSETS. THEREFORE, PURSUANT TO SECTIONS 507(C) AND 507(E), THE VALUE OF NET ASSETS OF THE CALIFORNIA INSTITUTE IS ZERO, AND THE TAX ON SUCH NET ASSETS IS ZERO. SUPPORTING DOCUMENTATION ATTACHED TO FINAL TAX RETURN, SEE EXHIBIT A:=====================================================================(1) COPY OF NOTICE OF TERMINATION ORIGINALLY FILED WITH THE IRS ON 6/30/23 OF THE SEAVER INSTITUTE (FEIN: 95-6054764) DATED JUNE 30, 2023 WITH A CERTIFIED COPY OF THE STATE OF DELAWARE CERTIFICATE OF MERGER OF A FOREIGN NONSTOCK CORPORATION INTO A DOMESTIC NONSTOCK CORPORATION ATTACHED AS EXHIBIT A - #1. (2) COPY OF WRITTEN CONSENT DATED FEBRUARY 2, 2023 WITH THE AGREEMENT AND PLAN OF MERGER ATTACHED AS EXHIBIT A - #2.(3) COPY OF CERTIFICATE OF INCORPORATION OF THE SEAVER INSTITUTE "DELAWARE INSTITUTE" ATTACHED AS EXHIBIT A - #3.(4) NAME AND ADDRESS RECIPIENT OF ASSETS, AND EXPLANATION OF THE NATURE AND FAIR MARKET VALUE OF ASSETS DISTRIBUTED ATTACHED AS EXHIBIT A - #4.

Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.

Grant Size Distribution

Based on 156 grants on record

Geographic Distribution

Key Personnel

Grants Awarded (156 total)