Swenson Family Foundation
- Assets
- $99.5m
- Revenue
- $3.8m
- Investments
- $98.0m
- Employees
- 0
- Location
- Orange, CA
- Founding
- 06/1994
- Data as of
- 12/2023
- EIN
- 33-0603766
Organization Overview
Swenson Family Foundation is located in Orange, CA. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swenson Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Swenson Family Foundation generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $9.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Swenson Family Foundation has awarded 177 individual grants totaling $40,900,352. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan G Swenson President | 0.5 | $0 | |
Rosie Swenson Secretary | 0.5 | $0 | |
Cheryl L Lentz Treasurer | 2 | $0 | |
Eoin L Kreditor Director | 0.5 | $0 | |
Christopher Lentz Director | 0.5 | $0 | |
Timothy J Swenson Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bny Mellon | 12/30/22 | $56,736 |
Rsm Us Llp | 12/30/22 | $75,126 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,957,358 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$207,249 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $931 |
| Total Revenue | $3,751,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,521 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,281 |
| Total operating and administrative expenses | $250,046 |
| Contributions, gifts, grants paid | $9,361,880 |
| Total expenses and disbursements | $9,611,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,714 |
| Savings and temporary cash investments | $914,194 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $61,016 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,204,221 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $99,502,157 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Swenson Family Foundation has awarded $9,361,880 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL WELFARE INSTITUTE PURPOSE: TO REDUCE ANIMAL SUFFERING CAUSED BY PEOPLE. | $25,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: TO END THE KILLING IN AMERICA'S ANIMAL SHELTERS AND CREATE A TIME WHEN THERE ARE NO MORE HOMELESS PETS. | $25,000 |
CALIFORNIA LUTHERAN UNIVERSITY PURPOSE: CAL LU CARES DAY 2023 | $50,000 |
CALIFORNIA LUTHERAN UNIVERSITY PURPOSE: SUMMER RESEARCH 2023 | $25,000 |
CALIFORNIA LUTHERAN UNIVERSITY PURPOSE: FALL SCHOLARSHIPS 2023 | $153,346 |
BIG SKY BIBLE CHURCH PURPOSE: CAMP CAFETERIA - FINAL TWO PAYMENTS | $1,500,000 |