Swanson Family Foundation
- Assets
- $1.5m
- Revenue
- $493.1k
- Investments
- $693.2k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 84-3005663
Organization Overview
Swanson Family Foundation is located in Wilmington, DE. 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. Swanson 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 12/2023, Swanson Family Foundation generated $493.1k 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 (13.3%) each year. All expenses for the organization totaled $62.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Swanson Family Foundation has awarded 52 individual grants totaling $178,750. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Swanson Dir, Sec, Treas | 1 | $0 | |
Carl Swanson Dir, Pres | 2 | $0 | |
Karin A Swanson VP | 1 | $0 | |
Kirsten M Swanson VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $457,870 |
| Interest on Savings | $17,927 |
| Dividends & Interest | $11,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,464 |
| Capital Gain Net Income | $436,939 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $493,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,721 |
| Total operating and administrative expenses | $19,889 |
| Contributions, gifts, grants paid | $42,250 |
| Total expenses and disbursements | $62,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $799,346 |
| 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 | $1,492,516 |
| 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, Swanson Family Foundation has awarded $42,250 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA PUBLIC MEDIA INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
ABUSED WOMENS AID IN CRISIS INCORPORATED PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: ALASKA CHAPTER - MORE THAN SAD PROGRAM | $2,500 |
AMERICAN NATIONAL RED CROSS PURPOSE: CHARITABLE EVENT | $7,500 |
BEANS CAFE INC PURPOSE: CHILDRENS LUNCH BOX | $2,500 |
ANCHORAGE COMMUNITY MENTAL HEALTH SERVICES INC PURPOSE: SEEDS OF CHANGE | $2,500 |