SWIFT FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SWIFT FOUNDATION (EIN 77-0559600)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349105644
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T13:19:45-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 371420474 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fontanello Duffield & Otake LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery Street Suite 1305 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770559600 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Swift Foundation | BusinessNameLine1Txt |
| Business Name Line2 | co Manchester Capital Management | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SWIF | BusinessNameControlTxt |
| Phone | 8059695670 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1157 Coast Village Road A | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John F Swift | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Erik Satow | PreparerPersonNm |
| PTIN | P01410341 | PTIN |
| Phone | 4159830200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $51,631,550 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,045,308 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,045,308 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,191,817 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,051,047 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,191,817 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $62,380 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $102,905 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,299,505 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,340,030 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $10,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $10,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $445,235 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $445,235 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $55,559 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $55,559 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $18,445 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $18,445 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,730 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $4,730 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $432,748 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $323,328 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $109,420 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $46,659 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $46,659 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $34,921 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $33,762 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $94,240 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $101,710 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $73,373 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $20,712 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $43,912 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,215,910 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $390,699 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $822,773 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,008,810 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,488,047 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,224,720 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $390,699 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $8,310,820 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,925,215 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,949,331 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $916,250 | CashEOYAmt |
| Cash EOYFMV | $916,250 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,413,750 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,115,436 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,115,436 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $43,250 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $34,402 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $68,960 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $68,960 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $4,673,607 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,342,371 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,342,371 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $15,960,790 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,115,910 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,115,910 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,131,004 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,574,853 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,574,853 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $25,336,604 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $24,536,993 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,536,993 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,986,021 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,960,777 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,960,777 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $53,579,428 | TotalAssetsBOYAmt |
| Total Assets EOY | $51,631,550 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,631,550 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $42,047 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $67,402 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,417,917 | GrantsPayableBOYAmt |
| Grants Payable EOY | $938,680 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $231,373 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $97,198 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,691,337 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,103,280 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $51,888,091 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $50,528,270 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $51,888,091 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $50,528,270 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $53,579,428 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $51,631,550 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $51,888,091 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,925,215 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,565,394 | OtherIncreasesAmt |
| Subtotal | $50,528,270 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $50,528,270 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Sales of Publicly Traded Securities | P | 2000-01-01 | 2023-12-31 | $11,026,594 | $9,807,881 | $1,218,713 | $1,218,713 |
| Captial Gains Distributions | P | 2000-01-01 | 2023-12-31 | $24,453 | $24,453 | $24,453 | |
| Realized Gain/Loss from Partnerships | P | 2000-01-01 | 2023-12-31 | $51,349 | -$51,349 | -$51,349 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,191,817 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $27,096 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $27,096 | SubtotalAmt |
| Tax Based On Investment Income | $27,096 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $70,630 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $70,630 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $43,534 | OverpaymentAmt |
| Applied To ES Tax | $43,534 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Manchester Capital Management | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8059695670 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1157 Coast Village Road Ste A | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| John F Swift | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | President/Chair | 7.50 | $0 |
| Karen Swift | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Treasurer | 3.00 | $0 |
| Sonja Swift | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Sect'y/VP | 3.00 | $0 |
| Jeannette Armstrong | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $0 |
| Humberto Rios Labrada | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $2,500 |
| Elaine Rasmussen | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $2,500 |
| Rajasvini Bhansall | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $5,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Suzanne Benally | |||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Executive Director | 40.00 | $177,176 | $9,746 |
| Rosemary Hitchens | |||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Operations Mgr | 40.00 | $93,095 | $9,803 |
| Ashley Sarracino | |||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Grants Mgr | 40.00 | $52,964 | $312 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Manchester Capital Management LLC | |||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Investment Mgmt | $213,265 |
| Boston Trust | |||||
| 1 Beason Street 34th Fl | Boston | MA | 02108 | Investment Advice | $55,295 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $37,921,355 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,348,681 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,517,947 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $52,787,983 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $52,787,983 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $791,820 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $51,996,163 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,599,808 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,599,808 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,096 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,096 | TotalTaxAmt |
| Distributable Before Adj | $2,572,712 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,572,712 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,572,712 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $8,310,820 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $8,310,820 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,572,712 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $620,371 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,419,445 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,945,243 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,882,804 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,867,863 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $8,310,820 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,572,712 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,738,108 | RemainingDistriFromCorpusAmt |
| Total Corpus | $12,605,971 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $12,605,971 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $620,371 | ExcessFromYear4Amt |
| Excess From Year3 | $1,419,445 | ExcessFromYear3Amt |
| Excess From Year2 | $1,945,243 | ExcessFromYear2Amt |
| Excess From Year1 | $2,882,804 | ExcessFromYear1Amt |
| Excess From Current Year | $5,738,108 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | John F Swift | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Swift Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1157 Coast Village Road Ste A | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8059695670 | RecipientPhoneNum |
| Form And Info And Materials | No Specified Form | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None - Approval by the Board of Directors Required | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Grant Statement | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1157 Coast Village Road Ste A | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Grant Statement | GrantOrContributionPurposeTxt |
| Amt | $7,488,047 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,488,047 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,045,308 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,191,817 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| Partnership Income | 900099 | -$40,525 | 14 | $90,385 |
| PRI Interest | 14 | $12,520 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$40,525 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,340,030 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,299,505 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax Preparation | CategoryTxt |
| Amt | $4,730 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,730 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | See Investment Statement | BondNm |
| EOY Book Value | $1,574,853 | EOYBookValueAmt |
| EOYFMV | $1,574,853 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | See Investment Statement | StockNm |
| EOY Book Value | $17,115,910 | EOYBookValueAmt |
| EOYFMV | $17,115,910 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,834,453 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,834,453 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $507,918 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $507,918 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| See Investment Statement | FMV | $11,019,046 | $11,019,046 |
| See Investment Statement | FMV | $13,517,947 | $13,517,947 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $18,445 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $18,445 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued Income | $269,211 | $292,426 | $292,426 |
| Canticle Farm | $22,590 | $22,590 | $22,590 |
| Global Partnerships | $500,000 | $550,000 | $550,000 |
| MicroEnergy Credits | $12,400 | -$18,068 | -$18,068 |
| Native American Natural Foods, LLC | $294,091 | $294,091 | $294,091 |
| Persistent Energy Prtnrs LLC | $51,069 | $51,069 | $51,069 |
| Root Capital | $500,000 | $500,000 | $500,000 |
| RSF Social Finance - PRI Fund 02 | $114,135 | $238,841 | $238,841 |
| Storytellers Foundation | $32,375 | $29,828 | $29,828 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR Fees | $20,712 | $20,712 | |
| Dues and Memberships | $31,056 | $22,418 | |
| Grant Software | $17,010 | $17,010 | |
| Insurance | $3,183 | $3,183 | |
| IT Expenses | $1,412 | $1,301 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Partnership Income | $49,860 | $90,385 |
| PRI Interest | $12,520 | $12,520 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Excise Tax | Desc |
| BOY Book Value | $231,373 | BOYBookValueAmt |
| EOY Book Value | $97,198 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting Fees | $44,148 | $0 | $0 | $44,148 |
| Contractors | $65,272 | $0 | $0 | $65,272 |
| Investment Management Fees | $323,328 | $323,328 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Taxes | CategoryTxt |
| Amt | $46,659 | Amt |
| Net Investment Income | $46,659 | NetInvestmentIncomeAmt |
Comments