Swordspoint Foundation Inc
- Assets
- $9.5m
- Revenue
- $1.1m
- Investments
- $8.7m
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 12/2007
- Data as of
- 06/2022
- EIN
- 59-3814672
Organization Overview
Swordspoint Foundation Inc is located in New Canaan, CT. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Swordspoint Foundation Inc 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 06/2022, Swordspoint Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $5.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Swordspoint Foundation Inc has awarded 178 individual grants totaling $6,895,450. 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 |
|---|---|---|---|
Robert J Bishop Pres./treas. | 7 | $0 | |
Susan Bishop V.p./sec | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $331,095 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,904 |
| Capital Gain Net Income | $33,904 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $774,791 |
| Total Revenue | $1,139,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61,583 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,556,647 |
| Total operating and administrative expenses | $4,635,822 |
| Contributions, gifts, grants paid | $1,004,510 |
| Total expenses and disbursements | $5,640,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $781,977 |
| 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 | $8,715,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,496,977 |
| 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, Swordspoint Foundation Inc has awarded $1,004,510 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN WILDLIFE PRESERVATION TRUST PURPOSE: HUMANITARIAN | $70,000 |
ALZHEIMERS DRUG DISCOVERY FOUNDATION PURPOSE: TO ACCELERATE THE DISCOVERY OF DRUGS TO PREVENT TREAT AND CURE ALZHEIMERS AND OTHER DEMENTIAS AND COGNITIVE AGING BY FUNDING. | $2,000 |
FLITE CENTER PURPOSE: TO GUIDE THOSE AGING OUT OF FOSTER CARE AND OTHER VULNERABLE YOUTH FOR A SUCCESSFUL TRAING, EDUCATION EMPLOYMENT AND SYSTEM OF CARE COORDINATION. | $4,000 |
ARC OF HOPE PURPOSE: FACELITIES THAT SUPPORT ALZHEIMERS PATEINTS. | $2,500 |
BIG DOG RANCH RESCUE PURPOSE: RESCUE ABANDONED ABUSED AND NEGLECTED ANIMALS. | $1,000 |
HILLSDALE COLLEGE PURPOSE: EDUCATIONAL | $25,000 |