Sears-Swetland Family Foundation
- Assets
- $4.8m
- Revenue
- $106.5k
- Investments
- $4.6m
- Employees
- 0
- Location
- Bratenahl, OH
- Founding
- 10/1950
- Data as of
- 12/2023
- EIN
- 34-6522143
Organization Overview
Sears-Swetland Family Foundation is located in Bratenahl, OH. The organization was established in 1950. 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. Sears-Swetland 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, Sears-Swetland Family Foundation generated $106.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $334.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sears-Swetland Family Foundation has awarded 394 individual grants totaling $2,767,813. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Swetland Eppig President/trustee | 7 | $10,000 | |
Lydia Harrington Trustee | 5 | $0 | |
David S Swetland Trustee | 1 | $0 | |
Marianne Eppig Trustee | 1 | $0 | |
David T Eppig Secretary/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $87,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,942 |
| Capital Gain Net Income | $7,942 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,812 |
| Total Revenue | $106,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $969 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,083 |
| Total operating and administrative expenses | $56,197 |
| Contributions, gifts, grants paid | $278,500 |
| Total expenses and disbursements | $334,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,447 |
| Savings and temporary cash investments | $122,193 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,768,791 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,975 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,975 |
Grants Awarded
Over the last fiscal year, Sears-Swetland Family Foundation has awarded $278,500 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ACE ALLIANCE FOR CLIMATE EDUCATION PURPOSE: CLIMATE EDUCATION | $5,000 |
ALLIANCE FOR THE GREAT LAKES PURPOSE: ENVIRONMENTAL | $5,000 |
AMERICAN RIVERS INC PURPOSE: ENVIRONMENTAL | $5,000 |
BOYS AND GIRLS CLUBS OF NORTHEAST OHIO PURPOSE: SOCIAL SERVICES | $5,000 |
CLEVELAND METROPARKS PURPOSE: OUTDOOR EDUCATION | $10,000 |
CLEVELAND MUSEUM OF NATURAL HISTORY PURPOSE: HEALTH | $30,000 |