SWIFT FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SWIFT FOUNDATION (EIN 77-0559600)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349109232
- Schema version
- 2022v5.0
- 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 | 2023-11-15T16:59:27-08:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | 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 | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | John F | PersonFirstNm |
| Person Last | Swift | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| 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 |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $53,579,428 | 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 | $879,811 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $879,811 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,199,251 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,453,265 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,199,251 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$767,709 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$718,228 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,311,353 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,360,834 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $45,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $45,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $390,877 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $390,877 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $51,067 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $51,427 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $24,164 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $24,164 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $68,720 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $68,720 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $487,443 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $341,354 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $146,089 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $105,661 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $65,661 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $48,013 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $48,774 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $81,807 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $85,038 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $51,830 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,808 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $47,102 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,354,582 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $411,823 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $907,191 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,765,423 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,669,089 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,120,005 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $411,823 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,576,280 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,808,652 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $949,011 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,220,971 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,413,750 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,413,750 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $43,250 | AcctRcvblAmt |
| Acct Rcvbl EOY | $43,250 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $43,250 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $34,403 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $34,402 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $34,402 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $5,402,326 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,673,607 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,673,607 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $36,114,445 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,960,790 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,960,790 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,603,226 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,131,004 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,131,004 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $14,451,391 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $25,336,604 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $25,336,604 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,991,435 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,986,021 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,986,021 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $66,818,197 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,579,428 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $53,579,428 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $46,479 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $42,047 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,321,583 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,417,917 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $231,373 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $231,373 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,599,435 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,691,337 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $65,218,762 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $51,888,091 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $65,218,762 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $51,888,091 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $66,818,197 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $53,579,428 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $65,218,762 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,808,652 | ExcessRevenueOverExpensesAmt |
| Subtotal | $60,410,110 | SubtotalAmt |
| Other Decreases | $8,522,019 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $51,888,091 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 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 | 2022-12-31 | $13,357,389 | $13,254,014 | $103,375 | $103,375 |
| Realized Gain/Loss from Partnerships | P | 2000-01-01 | 2022-12-31 | $730,452 | $730,452 | $730,452 | |
| Captial Gains Distributions | P | 2000-01-01 | 2022-12-31 | $289,451 | $289,451 | $289,451 | |
| 1231 Gain from Investment Psp - UBI | P | 2000-01-01 | 2022-12-31 | $75,973 | $75,973 | $75,973 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,199,251 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,191 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,191 | SubtotalAmt |
| Tax Based On Investment Income | $13,191 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $93,821 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $93,821 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $80,630 | OverpaymentAmt |
| Applied To ES Tax | $80,630 | 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 | $5,000 |
| Sonja Swift | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Sect'y/VP | 3.00 | $5,000 |
| Jeannette Armstrong | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $10,000 |
| Humberto Rios Labrada | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $10,000 |
| Elaine Rasmussen | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $10,000 |
| Rajasvini Bhansall | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $5,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Suzanne Benally | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Executive Director | 40.00 | $162,650 |
| Rosemary Hitchens | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Operations Mgr | 40.00 | $82,235 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 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 | $237,615 |
| Jason Campbell | |||||
| 10599 Grant Creek Road | Missoula | MT | 59808 | Consulting | $87,659 |
| Fontanello Duffield & Otake LLP | |||||
| 44 Montgomery Street Ste 1305 | San Francisco | CA | 94104 | Audit & Tax | $68,720 |
| Alejandro Argumedo | |||||
| 7 Avenue Grade | Santa Fe | NM | 87508 | Consulting | $98,550 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $39,647,549 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,468,060 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,842,105 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $54,957,714 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $54,957,714 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $824,366 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $54,133,348 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,706,667 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,706,667 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,191 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,191 | TotalTaxAmt |
| Distributable Before Adj | $2,693,476 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,693,476 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,693,476 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,576,280 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,576,280 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,693,476 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $620,371 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,419,445 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,945,243 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,985,059 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,576,280 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,693,476 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,882,804 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,867,863 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $6,867,863 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $620,371 | ExcessFromYear3Amt |
| Excess From Year2 | $1,419,445 | ExcessFromYear2Amt |
| Excess From Year1 | $1,945,243 | ExcessFromYear1Amt |
| Excess From Current Year | $2,882,804 | 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 | $4,669,089 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,669,089 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| 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 Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Grant Statement | GrantOrContributionPurposeTxt |
| Amt | $1,417,917 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,417,917 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $879,811 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $75,973 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,123,278 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| Partnership Income | 900099 | -$63,361 | 14 | -$718,228 |
| PRI Interest | 14 | $13,880 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $12,612 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,298,741 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,311,353 | 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 | Audit Fees | CategoryTxt |
| Amt | $68,720 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $68,720 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | See Investment Statement | BondNm |
| EOY Book Value | $3,131,004 | EOYBookValueAmt |
| EOYFMV | $3,131,004 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | See Investment Statement | StockNm |
| EOY Book Value | $15,960,790 | EOYBookValueAmt |
| EOYFMV | $15,960,790 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,847,908 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,847,908 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $825,699 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $825,699 | 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 | $11,494,499 | $11,494,499 |
| See Investment Statement | FMV | $13,842,105 | $13,842,105 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $24,164 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $24,164 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (10 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued Income | $120,786 | $269,211 | $269,211 |
| Canticle Farm | $28,561 | $22,590 | $22,590 |
| Global Partnerships | $500,000 | $500,000 | $500,000 |
| Investment Distribution Receivable | $190,150 | $190,150 | $190,150 |
| MicroEnergy Credits | $12,500 | $12,400 | $12,400 |
| 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 | $258,269 | $114,135 | $114,135 |
| Storytellers Foundation | $36,009 | $32,375 | $32,375 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR Fees | $4,808 | $4,808 | |
| Dues and Memberships | $24,410 | $24,410 | |
| Grant Software | $17,513 | $17,513 | |
| Insurance | $3,061 | $3,061 | |
| IT Expenses | $2,038 | $2,118 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Partnership Income | -$781,589 | -$718,228 |
| PRI Interest | $13,880 |
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 | $231,373 | 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 | $109,884 | $0 | $0 | $109,884 |
| Contractors | $36,205 | $0 | $0 | $36,205 |
| Investment Management Fees | $341,354 | $341,354 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise Tax | $40,000 | |
| Foreign Taxes | $65,661 | $65,661 |
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