Jaxson William Augustus Swank Foundation
- Assets
- $5.1m
- Revenue
- $2.3m
- Investments
- $5.0m
- Employees
- 0
- Location
- Mishawaka, IN
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 30-6072980
Organization Overview
Jaxson William Augustus Swank Foundation is located in Mishawaka, IN. The organization was established in 2004. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Jaxson William Augustus Swank 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, Jaxson William Augustus Swank Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $888.0k during the year ending 12/2023. While expenses have increased by 23.4% per year over the past 8 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.
Since 2019, Jaxson William Augustus Swank Foundation has awarded 95 individual grants totaling $871,005. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CURRENTLY SUPPORTS 20 JAXSON SCHOLARS, WHICH INCLUDES FUNDING THEIR EDUCATION FROM PRIMARY THROUGH SECONDARY SCHOOL AND AN ANNUAL PROGRAMMING CUSTOMIZED TOWARDS CHARACTER AND LEADERSHIP DEVELOPMENT. THE FOUNDATION PROVIDES EXPERIENCES TO CULTIVATE SELF-CONFIDENCE AND ENCOURAGES ALL JAXSON SCHOLARS AND THEIR FAMILIES TO GIVE BACK THROUGH SERVICE AND BECOME FORCES OF GOOD IN THE COMMUNITY. SOME OF THE ACTIVITIES A JAXSON SCHOLAR PARTICIPATES IN THROUGHOUT THE YEAR ARE LEADERSHIP DAY CAMPS, SERVICE DAYS, SELF-DEFENSE CLASSES AND ETIQUETTE DINNERS, AMONG OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanie Shuck Executive Director | 40 | $143,551 | |
Larry A Swank Trustee | 10 | $0 | |
Sherry Lt Swank Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,037,233 |
| Interest on Savings | $0 |
| Dividends & Interest | $114,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,696 |
| Capital Gain Net Income | $558,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,590 |
| Total Revenue | $2,346,385 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $143,551 |
| Other employee salaries and wages | $62,307 |
| Pension plans, employee benefits | $17,168 |
| Interest | $0 |
| Taxes | $99,647 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $281,025 |
| Total operating and administrative expenses | $645,163 |
| Contributions, gifts, grants paid | $242,821 |
| Total expenses and disbursements | $887,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,467 |
| Savings and temporary cash investments | $148,794 |
| 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 | $12,180 |
| 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 | $5,120,396 |
| 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, Jaxson William Augustus Swank Foundation has awarded $242,821 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
BLACKBIRD PHILANTHROPY PURPOSE: GENERAL SUPPORT | $50 |
BRENDA BOYD PURPOSE: SCHOLARSHIP | $50 |
BRENDA GAETA PURPOSE: SCHOLARSHIP | $192 |
CATHERINE PAGE PURPOSE: SCHOLARSHIP | $200 |
DENISE KUEHNER PURPOSE: SCHOLARSHIP | $350 |
ELIZABETH HOFFER PURPOSE: SCHOLARSHIP | $100 |