SWIFT FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SWIFT FOUNDATION (EIN 77-0559600)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349105184
- Schema version
- 2019v5.0
- 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 Increases Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T20:35:35-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | 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 | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Carol Duffield | PreparerPersonNm |
| PTIN | P01257136 | PTIN |
| Phone | 4159830200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $64,406,456 | 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 | $1,128,188 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,128,188 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,518,880 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,898,997 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,518,880 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$5,097 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$341,846 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,641,971 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,305,222 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $135,026 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $138,435 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $58,077 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $58,660 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,055 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $3,055 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $33,095 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $33,095 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $556,154 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $452,124 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $104,090 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $21,168 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $21,168 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $102,207 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $95,480 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $16,038 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,172 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $15,450 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $924,820 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $475,464 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $448,265 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,240,284 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,238,784 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,165,104 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $475,464 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,687,049 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,523,133 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,829,758 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,380,426 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,044,571 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,044,571 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $2,716 | AcctRcvblBOYAmt |
| Other Nts And Loans Rcvbl | $1,750,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $1,750,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,750,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,750,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $80,420 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $80,420 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $80,420 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $7,919,678 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $6,204,946 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $6,204,946 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $28,722,924 | CorporateStockBOYAmt |
| Corporate Stock EOY | $31,728,691 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $31,728,691 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,077,027 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,680,618 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,680,618 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $15,062,460 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $17,807,650 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,807,650 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,550,506 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,109,560 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,109,560 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $60,546,157 | TotalAssetsBOYAmt |
| Total Assets EOY | $64,406,456 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,406,456 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $42,930 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $45,614 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,495,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,245,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $87,216 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $87,217 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,625,146 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,377,831 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $58,489,660 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $431,351 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $58,921,011 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $63,028,625 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $60,546,157 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $64,406,456 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $58,921,011 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,523,133 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,630,747 | OtherIncreasesAmt |
| Subtotal | $63,028,625 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $63,028,625 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 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 | 2019-12-31 | $13,886,154 | $12,380,117 | $1,506,037 | $1,506,037 |
| Realized Gain/Loss from Partnerships | P | 2000-01-01 | 2019-12-31 | $12,843 | $12,843 | $12,843 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,518,880 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,973,859 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $60,939,249 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04880 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,717,490 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $55,982,783 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04854 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $904,351 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $56,018,427 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.01614 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,934,215 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $55,495,320 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05287 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,668,617 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,698,041 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04546 | DistributionYr5Rt |
| Total Distribution | 0.211822 | TotalDistributionRt |
| Average Distribution | 0.042364 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $61,699,528 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,613,839 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $18,298 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,632,137 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,687,049 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $18,298 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,298 | SubtotalAmt |
| Tax Based On Investment Income | $18,298 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,874 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $49,874 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $31,576 | OverpaymentAmt |
| Applied To ES Tax | $31,576 | 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 | Yes (true) | 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 | false | 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 (6 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 | $0 |
| Elaine Rasmussen | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jen Astone | PersonNm |
US Address USAddress
| 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) |
|---|---|---|
| Title | Exec. Dir. | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $90,943 | CompensationAmt |
| Employee Benefits | $40,398 | EmployeeBenefitsAmt |
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 | $247,134 |
| Boston Common Asset Management | |||||
| 200 State Street 7th Fl | Boston | MA | 02109 | Investment Mgmt | $52,834 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $60,934,791 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,704,324 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $62,639,115 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $62,639,115 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $939,587 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $61,699,528 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,084,976 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,084,976 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,298 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,298 | TotalTaxAmt |
| Distributable Before Adj | $3,066,678 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,066,678 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,066,678 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,687,049 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,687,049 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $18,298 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,668,751 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,066,678 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $198,419 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $198,419 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,687,049 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,066,678 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $620,371 | RemainingDistriFromCorpusAmt |
| Total Corpus | $818,790 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $818,790 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $198,419 | ExcessFromYear3Amt |
| Excess From Current Year | $620,371 | 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 Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Grant Statement | GrantOrContributionPurposeTxt |
| Amt | $3,238,784 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,238,784 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| International Indigenous Women's Fo | ||||||||||||
| 121 W 27th Street 301 | New York | NY | 10001 | N/A | PC | Grantmaking to Indigenous women led organizations | $100,000 | |||||
| Business Alliance for Local Living | ||||||||||||
| 2323 Broadway | Oakland | CA | 94612 | N/A | PC | Economic justice | $70,000 | |||||
| Thousand Currents | ||||||||||||
| 2120 University Avenue | Berkeley | CA | 94704 | N/A | PC | International grantmaking to community organizations | $100,000 | |||||
| Tides Canada | ||||||||||||
| N/A | PC | General Support | $50,000 | Suite 400 - 163 Hastings Street W | Vancouver | BC | CA | V6B 1H5 | ||||
| Movement Strategy CenterClimate Jus | ||||||||||||
| 436 14th St 5th floor | Oakland | CA | 94612 | N/A | PC | Social justice advocacy | $70,000 | |||||
| Community Alliance for Global Justi | ||||||||||||
| 606 Maynard Ave S Ste 102 | Seattle | WA | 98104 | N/A | PC | Advocacy org focused on agriculture | $40,000 | |||||
| Cultural Survival | ||||||||||||
| 2067 Massachusetts Avenue | Cambridge | MA | 02140 | N/A | PC | Advocacy org working with Indigenous communities | $75,000 | |||||
| The Gaia Foundation | ||||||||||||
| N/A | PC | Earth jurisprudence and cultural revitalization | $60,000 | 6 Heathgate Place Agincourt Road | London | UK | NW3 2NU | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $565,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,128,188 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,518,880 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| Litigation Settlement | 18 | $2,613 | |||
| Partnership Income | 14 | $61,981 | 900099 | -$93,339 | |
| PRI Interest | 14 | $21,904 | |||
| Refunds | $1,744 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$93,339 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,733,566 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,744 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,641,971 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11d | LineNumberTxt |
| Relationship Statement | Refund for an expense incurred in the operation of the Foundation. | RelationshipStatementTxt |
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 | $33,095 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $33,095 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | See Corporate Bond Statement | BondNm |
| EOY Book Value | $2,680,618 | EOYBookValueAmt |
| EOYFMV | $2,680,618 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | See Stock Statement | StockNm |
| EOY Book Value | $31,728,691 | EOYBookValueAmt |
| EOYFMV | $31,728,691 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,204,946 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $6,204,946 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | See Other Investments Stmt | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $17,807,650 | BookValueAmt |
| EOYFMV | $17,807,650 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $3,055 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,055 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (10 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued Income | $100,995 | $84,422 | $84,422 |
| Canticle Farm | $51,258 | $43,847 | $43,847 |
| Global Partnerships | $500,000 | $500,000 | $500,000 |
| MicroEnergy Credits | $12,500 | $12,500 | $12,500 |
| Native American Natural Foods, LLC | $71,250 | $94,005 | $94,005 |
| Persistent Energy Prtnrs LLC | $55,821 | $55,821 | $55,821 |
| Root Capital | $500,000 | $500,000 | $500,000 |
| RSF Social Finance - PRI Fund 02 | $389,350 | $387,418 | $387,418 |
| RSF Social Finance - PRI Fund 03 | $389,350 | $387,418 | $387,418 |
| Storytellers Foundation | $48,631 | $44,129 | $44,129 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR Fees | $2,172 | $2,172 | |
| Dues and Memberships | $49 | $49 | |
| Filing Fees | $25 | $25 | |
| Grant Software | $5,996 | $5,836 | |
| Office Expense | $6,175 | $6,369 | |
| Website/Other Expenses | $1,621 | $3,171 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Litigation Settlement | $2,613 | |
| Partnership Income | -$31,358 | -$363,750 |
| PRI Interest | $21,904 | $21,904 |
| Refunds | $1,744 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Change in value of Split Interest Trust | Desc |
| Amt | $107,867 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Excise Tax | Desc |
| BOY Book Value | $87,216 | BOYBookValueAmt |
| EOY Book Value | $87,217 | EOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Guayaki Sust Rainforest Prod | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | N/A | InsiderRelationshipTxt |
| Balance Due | $1,750,000 | BalanceDueAmt |
| Note | 2017-01 | NoteDt |
| Loan Maturity | 2019-12 | LoanMaturityDt |
| Repayment Terms | Quarterly Payments | RepaymentTermsTxt |
| Interest | 6.0000 | InterestRt |
| Security Provided Borrower | N/A | SecurityProvidedBorrowerTxt |
| Loan Purpose | Line of Credit | LoanPurposeTxt |
| Lender Consideration | N/A | LenderConsiderationDesc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting Fees | $104,030 | $0 | $0 | $104,090 |
| Investment Management Fees | $452,124 | $452,124 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Taxes | CategoryTxt |
| Amt | $21,168 | Amt |
| Net Investment Income | $21,168 | NetInvestmentIncomeAmt |
Comments