Dr W C Swanson Family Foundation
- Assets
- $2.4m
- Revenue
- $54.6k
- Investments
- $2.0m
- Employees
- 0
- Location
- Layton, UT
- Founding
- 10/1998
- Data as of
- 12/2022
- EIN
- 87-0578540
Organization Overview
Dr W C Swanson Family Foundation is located in Layton, UT. The organization was established in 1998. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Dr W C 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 12/2022, Dr W C Swanson Family Foundation generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $386.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dr W C Swanson Family Foundation has awarded 191 individual grants totaling $2,672,884. 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
SEE PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Jensen Director | 0 | $0 | |
Wc Swanson Trustee | 40 | $45,000 | |
Tami Swanson Chairman | 40 | $71,923 | |
Annabel Hofer Trustee | 10 | $12,000 | |
Jon Greiner Trustee | 0 | $0 | |
Robin Romero Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,696 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,487 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $399 |
| Total Revenue | $54,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,923 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,352 |
| Total operating and administrative expenses | $204,766 |
| Contributions, gifts, grants paid | $181,877 |
| Total expenses and disbursements | $386,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$5,041 |
| Savings and temporary cash investments | $2,855 |
| 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 | $1,953,451 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $472,831 |
| Total assets | $2,424,096 |
| Accounts payable and accrued expenses | $2,968 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $319,994 |
| Other liabilities | $0 |
| Total liabilities | $322,962 |
Grants Awarded
Over the last fiscal year, Dr W C Swanson Family Foundation has awarded $181,877 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
HAND IN HAND OUTDOORS PURPOSE: ASSIST HAND IN HAND OUTDOORS | $5,000 |
VARIOUS UNDER 2K PURPOSE: IN-NEED ASSISTANCE | $20,100 |
WELLS FARGO PURPOSE: LOCAL DISASTER AND NEED ASSISTANCE | $24,171 |
A CENTER FOR GRIEVING CHILDREN PURPOSE: IN NEED ASSISTANCE | $2,500 |
FAMILY PROMISE OF OGDEN PURPOSE: IN NEED ASSISTANCE. | $5,000 |
DRAGE SECOND CHANCE RANCH PURPOSE: IN NEED ASSISTANCE | $10,000 |