Ann C Sweeney Foundation is located in Michigan City, IN. The organization was established in 1990. 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. Ann C Sweeney 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 08/2024, Ann C Sweeney Foundation generated $15.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $22.2k during the year ending 08/2024. While expenses have increased by 2.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,276 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,623 |
| Capital Gain Net Income | $4,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $115 |
| Total Revenue | $15,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,410 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,220 |
| Contributions, gifts, grants paid | $16,948 |
| Total expenses and disbursements | $22,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,618 |
| 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 | $162,522 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $312,557 |
| 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 |
Over the last fiscal year, Ann C Sweeney Foundation has awarded $16,948 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SERVICE LEAGUE OF MICHIGAN CITY PURPOSE: ASSISTANCE FOR MEDICAL | $2,825 |
CAREY ROSE WINSKI CHARITABLE TRUST PURPOSE: SCHOLARSHIPS FOR DANCE | $2,824 |
TRINITY CHURCH PURPOSE: CHURCH MAINTENANCE | $2,824 |
SAMARITAN CENTER OF MICHIGAN CITY PURPOSE: PERSONAL COUNSELING & | $2,825 |
OPEN DOOR COMMUNITY ALLIANCE PURPOSE: ASSISTANCE FOR ADOLESCENT | $2,825 |
SALVATION ARMY PURPOSE: ASSISTANCE FOR NEEDY | $2,825 |