Edward F Swinney Nect
- Assets
- $20.8m
- Revenue
- $573.8k
- Investments
- $19.0m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/1975
- Data as of
- 12/2023
- EIN
- 44-6009264
Organization Overview
Edward F Swinney Nect is located in Dallas, TX. The organization was established in 1975. 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. Edward F Swinney Nect 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, Edward F Swinney Nect generated $573.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edward F Swinney Nect has awarded 67 individual grants totaling $4,725,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $554,453 |
| Net Rental Income | $30,001 |
| Net Gain on Sale of Assets | -$14,705 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,095 |
| Total Revenue | $573,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $133,017 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,137 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,750 |
| Total operating and administrative expenses | $194,550 |
| Contributions, gifts, grants paid | $1,207,500 |
| Total expenses and disbursements | $1,402,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,182,213 |
| 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 | $307,299 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $321,354 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,829,902 |
| 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, Edward F Swinney Nect has awarded $1,207,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE NETWORK OF RAYTOWN PURPOSE: UNRESTRICTED GENERAL | $20,000 |
CITY YEAR KANSAS CITY PURPOSE: SUPPORT WHOLE SCHOOL, WHOLE | $25,000 |
CAMP ENCOURAGE PURPOSE: UNRESTRICTED GENERAL | $7,500 |
UNIVERSITY OF MISSOURI - COLUMBIA PURPOSE: EDUCATIONAL ACCESS & | $60,000 |
MARIAN HOPE CENTER FOR CHILDREN'S PURPOSE: UNRESTRICTED GENERAL | $10,000 |
CATHOLIC CHARITIES KC - ST JOSEPH INC PURPOSE: EMERGENCY ASSISTANCE FOR | $40,000 |