SWIFT FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- SWIFT FOUNDATION (EIN 77-0559600)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201903199349103545
- Schema version
- 2018v3.1
- 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
- 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 | 2019-11-15T12:34:33-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-11-15 | 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 | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $60,546,157 | 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 | $1,252,507 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,252,507 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $345,014 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,271,567 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $345,014 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,661 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $33,018 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,614,182 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,630,539 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $190,038 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $186,629 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $68,249 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $67,666 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $325 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $325 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $478,365 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $464,467 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $13,898 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $38,119 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $38,119 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $101,830 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $109,464 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $103,713 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,612 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $90,976 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $980,639 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $513,198 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $468,958 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,166,074 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,516,074 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,146,713 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $513,198 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,985,032 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,532,531 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,117,341 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,287,741 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,380,426 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,380,426 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,716 | AcctRcvblAmt |
| Acct Rcvbl EOY | $2,716 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,716 | AcctRcvblEOYFMVAmt |
| 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 | $65,786 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $80,420 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $80,420 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $7,897,508 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $7,919,678 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $7,919,678 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $35,397,011 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,722,924 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,722,924 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,224,864 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,077,027 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,077,027 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,467,987 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,062,460 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,062,460 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,923,515 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,550,506 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,550,506 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $64,014,412 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,546,157 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $60,546,157 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $48,741 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $42,930 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,595,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,495,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $62,528 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $87,216 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,706,269 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,625,146 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $61,481,152 | UnrestrictedBOYAmt |
| Unrestricted EOY | $58,489,660 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $826,991 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $431,351 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $62,308,143 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $58,921,011 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $64,014,412 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,546,157 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $62,308,143 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,532,531 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,658,610 | OtherIncreasesAmt |
| Subtotal | $62,434,222 | SubtotalAmt |
| Other Decreases | $3,513,211 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $58,921,011 | 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 | 2018-12-31 | $13,194,122 | $12,926,553 | $267,569 | $267,569 |
| Realized Gain/Loss from Partnerships | P | 2000-01-01 | 2018-12-31 | $77,445 | $77,445 | $77,445 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $345,014 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,717,490 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $55,982,783 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04854 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $904,351 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $56,018,427 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.01614 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,934,215 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $55,495,320 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05287 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,668,617 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $58,698,041 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04546 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,669,233 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,802,434 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04539 | DistributionYr5Rt |
| Total Distribution | 0.208415 | TotalDistributionRt |
| Average Distribution | 0.041683 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $60,939,249 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,540,131 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $11,173 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,551,304 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,985,032 | 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 | $11,173 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,173 | SubtotalAmt |
| Tax Based On Investment Income | $11,173 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $61,047 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $61,047 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $49,874 | OverpaymentAmt |
| Applied To ES Tax | $49,874 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Jen Astone | |||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Exec. Dir. | 40.00 | $88,028 | $16,585 |
| Galina Angarova | |||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Prgm. Officer | 40.00 | $76,000 | $8,667 |
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 | $256,557 |
| Boston Common Asset Management | |||||
| 200 State Street 7th Fl | Boston | MA | 02109 | Investment Mgmt | $63,011 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $59,917,364 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,949,894 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $61,867,258 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $61,867,258 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $928,009 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $60,939,249 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,046,962 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,046,962 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,173 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,173 | TotalTaxAmt |
| Distributable Before Adj | $3,035,789 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,035,789 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,035,789 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,985,032 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,985,032 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $11,173 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,973,859 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,035,789 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $41,976 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $207,200 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $249,176 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,985,032 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,985,032 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $50,757 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $50,757 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $198,419 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $198,419 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $198,419 | ExcessFromYear2Amt |
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 | $2,516,074 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,516,074 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (7 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 | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cultural Conservancy | |||||||||||
| PO Box 29044 | San Francisco | CA | 94129 | N/A | PC | Land Stewardship | $80,000 | ||||
| GroundswellInternational | |||||||||||
| 1215 Kearney St NE | Washington | DC | 20013 | N/A | PC | Global Networks | $70,000 | ||||
| Honor the Earth | |||||||||||
| 607 Main Avenue | Callaway | MN | 56521 | N/A | PC | Visionaries & Innovations | $40,000 | ||||
| California FarmLink | |||||||||||
| 303 Potrero Street Suite 29-201 | Santa Cruz | CA | 95060 | N/A | PC | Land Stewardship | $35,000 | ||||
| Arizona Community Foundation | |||||||||||
| 2201 E Camelback Road Suite 405B | Phoenix | AZ | 85016 | N/A | PC | Land Stewardship | $50,000 | ||||
| Seventh Generation Fund | |||||||||||
| PO Box 4569 | Arcata | CA | 95518 | N/A | PC | Land Stewardship | $25,000 | ||||
| CooperAccion | |||||||||||
| N/A | PC | Land Stewardship | $35,000 | Jr Rio de Janeiro 373 Jesus Maria | Lima | PE | 11-Peru | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $335,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,252,507 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $345,014 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|---|
| Excise Tax Provision | $28,407 | ||||
| Litigation Settlement | 18 | $38 | |||
| Partnership Income | 14 | -$21,739 | 900099 | -$9,998 | |
| PRI Interest | 14 | $17,676 | |||
| Refunds | $2,277 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$9,998 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,593,496 | ExclusionAmt |
| Related Or Exempt Function Incm | $30,684 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,614,182 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11a | Change in provision for excise tax. |
| 11e | Excise Tax Refund |
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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | See Corporate Bond Statement | BondNm |
| EOY Book Value | $2,077,027 | EOYBookValueAmt |
| EOYFMV | $2,077,027 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | See Stock Statement | StockNm |
| EOY Book Value | $28,722,924 | EOYBookValueAmt |
| EOYFMV | $28,722,924 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $7,919,678 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $7,919,678 | 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 | AT COST | ListedAtCostOrFMVCd |
| Book Value | $15,062,460 | BookValueAmt |
| EOYFMV | $15,062,460 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $325 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $325 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (11 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued Income | $45,939 | $100,995 | $100,995 |
| Beneficial Interest - CLT | $826,991 | $431,351 | $431,351 |
| Canticle Farm | $59,985 | $51,258 | $51,258 |
| Global Partnerships | $500,000 | $500,000 | $500,000 |
| MicroEnergy Credits | $12,500 | $12,500 | $12,500 |
| Native American Natural Foods, LLC | $94,005 | $71,250 | $71,250 |
| Persistent Energy Prtnrs LLC | $55,821 | $55,821 | $55,821 |
| Root Capital | $500,000 | $500,000 | $500,000 |
| RSF Social Finance - PRI Fund 02 | $387,418 | $389,350 | $389,350 |
| RSF Social Finance - PRI Fund 03 | $387,418 | $389,350 | $389,350 |
| Storytellers Foundation | $53,438 | $48,631 | $48,631 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR Fees | $10,612 | $10,612 | |
| Dues and Memberships | $48,158 | $48,158 | |
| Grant Software | $5,000 | $5,000 | |
| Office Expense | $36,780 | $36,226 | |
| Website/Other Expenses | $3,163 | $1,592 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise Tax Provision | $28,407 | |
| Litigation Settlement | $38 | |
| Partnership Income | -$31,737 | $15,342 |
| PRI Interest | $17,676 | $17,676 |
| Refunds | $2,277 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Change in value of Split Interest Trust | $143,578 |
| Prior Year's Audit Adjustments | $1,515,032 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Excise Tax | Desc |
| BOY Book Value | $62,528 | BOYBookValueAmt |
| EOY Book Value | $87,216 | 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 (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting Fees | $13,898 | $0 | $0 | $13,898 |
| Impact Investing/PRI Fees | $16,164 | $16,164 | $0 | $0 |
| Investment Management Fees | $448,303 | $448,303 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Taxes | CategoryTxt |
| Amt | $38,119 | Amt |
| Net Investment Income | $38,119 | NetInvestmentIncomeAmt |
Comments