Sunshine Natural Wellbeing Foundation
- Assets
- $14.0m
- Revenue
- $2.3m
- Investments
- $13.8m
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 12/1996
- Data as of
- 06/2022
- EIN
- 65-6220389
Organization Overview
Sunshine Natural Wellbeing Foundation is located in Sarasota, FL. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sunshine Natural Wellbeing 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 06/2022, Sunshine Natural Wellbeing Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $958.6k during the year ending 06/2022. While expenses have increased by 3.5% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ENGAGED PRIMARILY IN MAKING GRANTS OF MONEY ON AN ANNUAL BASIS TO OTHER CHARITABLE ORGANIZATIONS THAT ARE CLASSIFIED BY THE IRS AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE 1986 INTERNAL REVENUE CODE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Clark Swalm Jr VP & Treasurer | 10 | $0 | |
Nicole B Swalm President & Secretary | 10 | $0 | |
Joe Cox Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $233,574 |
| Net Rental Income | $1,668 |
| Net Gain on Sale of Assets | $1,925,202 |
| Capital Gain Net Income | $1,925,202 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $97,423 |
| Total Revenue | $2,332,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,871 |
| Taxes | $29,778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,478 |
| Total operating and administrative expenses | $148,586 |
| Contributions, gifts, grants paid | $810,000 |
| Total expenses and disbursements | $958,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,817 |
| Savings and temporary cash investments | $161,566 |
| 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 | $7,984,667 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,989,318 |
| 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, Sunshine Natural Wellbeing Foundation has awarded $810,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CORAL RESTORATION FOUNDATION INC PURPOSE: CONTRIBUTION | $450,000 |
EQUINE ASSISTED THERAPIES OF SOUTH FLORIDA PURPOSE: CONTRIBUTION | $360,000 |