Three Swallows Foundation is located in Centerville, VA. The organization was established in 1982. 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. Three Swallows 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, Three Swallows Foundation generated $327.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $126.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Three Swallows Foundation has awarded 68 individual grants totaling $390,300. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Temple Director | 2 | $1,000 | |
Lois Rees Financial Ad | 16 | $5,832 | |
James Brown Director | 2 | $1,000 | |
Torin Kline Director | 2 | $0 | |
Thomas Brown Director | 2 | $1,000 | |
Monique Brown Director | 2 | $1,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $190 |
| Dividends & Interest | $13,267 |
| Net Rental Income | $262,586 |
| Net Gain on Sale of Assets | -$1,472 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $326,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,832 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,952 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $304 |
| Total operating and administrative expenses | $76,984 |
| Contributions, gifts, grants paid | $49,000 |
| Total expenses and disbursements | $125,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $652,251 |
| Savings and temporary cash investments | $2,580,712 |
| 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 | $3,232,963 |
| 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, Three Swallows Foundation has awarded $49,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ALL SEASONS CHALICE PURPOSE: GENERAL | $3,500 |
HOPE FOR GRIEVING FAMILIES PURPOSE: GENERAL | $1,000 |
INSTITUTE OF NOETIC SCIENCES PURPOSE: GENERAL | $10,000 |
INTERNATIONAL FOUNDATION PURPOSE: GENERAL | $7,000 |
REVIVAL MINISTRIES PURPOSE: GENERAL | $10,000 |
TARIK KAMISHA FOUNDATION PURPOSE: GENERAL | $3,000 |