R E Swager Family Foundation
- Assets
- $1.1m
- Revenue
- $30.2k
- Investments
- $969.4k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 41-1766356
Organization Overview
R E Swager Family Foundation is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R E Swager 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 12/2022, R E Swager Family Foundation generated $30.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $71.7k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 6 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.
Since 2016, R E Swager Family Foundation has awarded 92 individual grants totaling $293,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Swager President/treasurer | 2 | $0 | |
Claudia A Swager Vice President/secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,123 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,053 |
| Capital Gain Net Income | $1,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $226 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,747 |
| Total operating and administrative expenses | $5,173 |
| Contributions, gifts, grants paid | $66,500 |
| Total expenses and disbursements | $71,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $86,888 |
| 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 | $969,406 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,056,294 |
| 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, R E Swager Family Foundation has awarded $66,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CRAFT COUNCIL PURPOSE: CHARITABLE CONTRIBUTION | $2,500 |
ASHLEYS KITTEN ACADEMY PURPOSE: CHARITABLE CONTRIBUTION | $250 |
BITTY KITTY BRIGADE PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
FISHER HOUSE FOUNDATION INC PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |
HIGHPOINT CENTER FOR PRINTMAKING PURPOSE: CHARITABLE CONTRIBUTION | $4,000 |
MINNEAPOLIS INSTITUTE OF ARTS PURPOSE: CHARITABLE CONTRIBUTION | $6,000 |