Swarthmore Centennial Foundation

Organization Overview

Swarthmore Centennial Foundation is located in Swarthmore, PA. The organization was established in 1994. 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. Swarthmore Centennial 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, Swarthmore Centennial Foundation generated $274.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $424.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FOR THE BETTERMENT OF SWARTHMORE, THE IMPROVEMENT OF THE COMMUNITY, ITS CHILDREN, AND ITS CITIZENS NOW AND IN THE FUTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO COMMUNITY ACTIVITIES FOR THE IMPROVEMENT AND DEVELOPMENT OF THE BOROUGH OF SWARTHMORE - PRIMARILY LANDSCAPING PROJECTS THROUGHOUT THE BOROUGH.


20,000 WAS GRANTED TO SWARTHMORE COLLEGE TOWARDS THE SWARTHMORE BOROUGH HISTORIC ARCHIVES FUND.


SCHOLARSHIPS AND AWARDS: EDMUND JONES SCHOLARSHIP WAS AWARDED TO FOUR ELIGIBLE YOUNG MEN AND WOMEN. A "SHINE A LIGHT AWARD" WAS AWARDED TO ONE INDIVIDUAL.


IN 2021, THE FOUNDATION AWARDED A GRANT TO SWARTHMORE COMMUNITY CENTER IN THE AMOUNT OF 260,000 FOR VARIOUS IMPROVEMENT PROJECTS. 95,000 WAS ISSUED IN 2021 AND THE REMAINDER OF 185,000 WAS ISSUED IN 2022. IN 2022, THE FOUNDATION AWARDED 127,785 FOR THE PARK AVENUE CENTER RENOVATION PROJECT.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Cresson
Treasurer
$0
Jayatri Das
Trustee
$0
Robert Dawes
Trustee
$0
Robert C Dawes
Trustee
$0
Maurice G Eldridge
Trustee
$0
Erum Hartung
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$129,151
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$129,151
Total Program Service Revenue$0
Investment income $32,595
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $110,727
Net Income from Fundraising Events $2,107
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $274,580

Grants Awarded

Over the last fiscal year, Swarthmore Centennial Foundation has awarded $332,785 in support to 4 organizations.

Grant RecipientAmount

SWARTHMORE COLLEGE

|

|

$20,000

SWARTHMORE COUMMUNITY CENTER INC

|

|

$20,170

SWARTHMORE COMMUNITY CENTER INC

|

|

$185,000

PARK AVENUE COMMUNITY CENTER

|

|

$107,615
View Grant Profile

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