Max And Betty Swanson Foundation
- Assets
- $3.3m
- Revenue
- $177.6k
- Investments
- $2.9m
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 81-0535708
Organization Overview
Max And Betty Swanson Foundation is located in Missoula, MT. The organization was established in 2000. 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. Max And Betty Swanson 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, Max And Betty Swanson Foundation generated $177.6k 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 (5.4%) each year. All expenses for the organization totaled $266.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Max And Betty Swanson Foundation has awarded 499 individual grants totaling $1,346,154. 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 |
|---|---|---|---|
Annette Gustafson President | 1 | $6,500 | |
Kurt Ingold Vice President | 1 | $6,500 | |
David B Cotner Secretary/treasurer | 1 | $6,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $152 |
| Dividends & Interest | $121,337 |
| Net Rental Income | $534 |
| Net Gain on Sale of Assets | $28,828 |
| Capital Gain Net Income | $28,828 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $177,627 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9,664 |
| Taxes | $11,974 |
| Depreciation | $8,353 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,745 |
| Total operating and administrative expenses | $100,913 |
| Contributions, gifts, grants paid | $165,576 |
| Total expenses and disbursements | $266,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,023 |
| 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 | $2,939,263 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $288,363 |
| Total assets | $3,286,649 |
| 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 | $172,204 |
| Other liabilities | $50,000 |
| Total liabilities | $222,204 |
Grants Awarded
Over the last fiscal year, Max And Betty Swanson Foundation has awarded $165,576 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
A CAROUSEL FOR MISSOULA PURPOSE: REFURBISH AND EXPAND PLAY AREA | $1,385 |
ARTS MISSOULA PURPOSE: FUNDING FOR FIRST NIGHT MISSOULA. | $1,000 |
BIG BROTHERS BIG SISTERS PURPOSE: GENERAL OPERATIONS | $500 |
BOYS & GIRLS CLUB PURPOSE: OPERATING EXPENSES | $3,000 |
CAMP MAKE-A-DREAM PURPOSE: OPERATING EXPENSES | $2,500 |
CASA PURPOSE: OPERATING EXPENSES TO SUPPORT ABUSED AND NEGLECTED CHILDREN. | $2,000 |