The Bessie Minor Swift Foundation
- Assets
- $1.5m
- Revenue
- $48.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Reston, VA
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 38-3839284
Organization Overview
The Bessie Minor Swift Foundation is located in Reston, VA. The organization was established in 2012. 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. Bessie Minor Swift 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, Bessie Minor Swift Foundation generated $48.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $35.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bessie Minor Swift Foundation has awarded 284 individual grants totaling $636,925. 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 |
|---|---|---|---|
Janet Buschert Secretary/treasurer/director | 4 | $0 | |
Jack Shelton Vice President/director | 2 | $0 | |
Marilyn Shelton President/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$523 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,309 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $773 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,076 |
| Total operating and administrative expenses | $35,360 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $35,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,291 |
| Savings and temporary cash investments | $0 |
| 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 | $1,546,321 |
| 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, The Bessie Minor Swift Foundation has awarded $85,928 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURE RISK CHALLENGE PURPOSE: EQUIPMENT FOR WRITING, FILMING AND EDITING OF VIDEOS FOR A 34-DAY TAHOE SUMMER COURSE. | $2,000 |
ANDERSON RANCH ARTS FOUNDATION PURPOSE: EQUIPMENT FOR THE YOUTHZONE PROGRAM THAT INCREASES ART ACCESS FOR TEENS OF ALL BACKGROUNDS. | $2,900 |
BASALT REGIONAL LIBRARY FOUNDATION INC PURPOSE: REGIONAL LIBRARY BABY GYM PROGRAM | $500 |
BERRY CREEK MIDDLE SCHOOL PURPOSE: RAFT TRIP TO MOTIVATE 200 STUDENTS TO CELEBRATE STEM LEARNING. | $3,000 |
BOYS AND GIRLS CLUB OF LAKE TAHOE PURPOSE: FURNITURE AND WALL DECORATION FOR A DEDICATED LEARNING CENTER. | $3,000 |
COLLEGE OUTREACH PURPOSE: TO SUPPORT MIDDLE SCHOOL OUTREACH PROGRAM THAT WILL ENCOURAGE STUDENTS TO CONSIDER STEAM EDUCATIONAL AND CAREER OPPORTUNITIES & EXPENSES | $3,000 |