SWIFT FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SWIFT FOUNDATION (EIN 77-0559600)
- Tax period
- 2015-10-01 to 2016-09-30
- Filed
- 2017-08-14
- IRS object ID
- 201732269349100423
- Schema version
- 2015v3.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-14T12:08:46-07:00 | ReturnTs |
| Tax Period End | 2016-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
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 | 2015-10-01 | 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 | Karen Swift | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2017-08-14 | 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 | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $59,180,234 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $539,218 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $462,483 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $462,483 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $574,782 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $574,782 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,658,691 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,542,314 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,568,865 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $69,244 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $80,191 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,304,418 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,686,321 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $2,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $2,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $110,969 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $110,969 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $74,317 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $74,317 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $61,375 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $61,375 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $403,672 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $341,432 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $62,240 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $17,529 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $17,529 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $98,151 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $98,151 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $38,864 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,036 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $30,828 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $806,877 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $366,997 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $439,880 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,017,528 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,017,528 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,824,405 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $366,997 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,457,408 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $480,013 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,319,324 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,255,041 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,800,832 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,819,304 | SavAndTempCashInvstEOYFMVAmt |
| 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 |
| US Government Obligations EOY | $6,340,105 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $6,432,992 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $500,000 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,625,514 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,569,993 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $4,797,503 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,885,923 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $43,478,376 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,653,418 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,815,638 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,459,313 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,159,596 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,906,384 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $52,442,730 | TotalAssetsBOYAmt |
| Total Assets EOY | $52,126,968 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $59,180,234 | TotalAssetsEOYFMVAmt |
| Deferred Revenue BOY | $153,350 | DeferredRevenueBOYAmt |
| Other Liabilities BOY | $13,832 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $167,182 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $52,275,548 | RetainedEarningBOYAmt |
| Retained Earning EOY | $52,126,968 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $52,275,548 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $52,126,968 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $52,442,730 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $52,126,968 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $52,275,548 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $480,013 | ExcessRevenueOverExpensesAmt |
| Subtotal | $52,755,561 | SubtotalAmt |
| Other Decreases | $628,593 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $52,126,968 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Sale of Publicly Traded Securites | P | 2000-01-01 | 2016-09-30 | $18,998,172 | $17,883,594 | $1,114,578 | $1,114,578 |
| Capital Gains Distributions | P | 2000-01-01 | 2016-09-30 | $329,766 | $329,766 | $329,766 | |
| MicroVest Short Duration Fund, LP - UBI | P | 2016-01-01 | 2016-09-30 | $19 | -$19 | -$19 | |
| Canyon-Johnson Urban Fund III, LP - UBI | P | 2000-01-01 | 2016-09-30 | $89,826 | $89,826 | ||
| Realized Gain/Loss from Partnerships | P | 2000-01-01 | 2016-09-30 | $124,550 | $124,550 | $124,550 | |
| MicroVest Short Duration Fund, LP - UBI | P | 2000-01-01 | 2016-09-30 | $10 | -$10 | -$10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,568,865 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$19 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,668,617 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $58,698,041 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04546 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,669,233 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $58,802,434 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04539 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,372,199 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $55,202,696 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04297 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,869,044 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $49,972,379 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05741 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,317,047 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $50,237,297 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06603 | DistributionYr5Rt |
| Total Distribution | 0.257270 | TotalDistributionRt |
| Average Distribution | 0.051454 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $55,495,320 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,855,456 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $23,193 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,878,649 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,957,408 | 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 | $23,193 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $23,193 | SubtotalAmt |
| Tax Based On Investment Income | $23,193 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $86,387 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $86,387 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $63,194 | OverpaymentAmt |
| Applied To ES Tax | $63,194 | 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 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 | 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/Chair | 3.00 | $0 |
| Jeannette Armstrong | ||||||
| 1157 Coast Village Road Ste A | Santa Barbara | CA | 93108 | Director | 3.00 | $2,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer Astone | PersonNm |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Exec. Dir | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 34.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $93,312 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Manchester Capital Management LLC | BusinessNameLine1Txt |
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) |
|---|---|---|
| Service Type | Investment Mgmt | ServiceTypeTxt |
| Compensation | $189,147 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Global Partnerships Program-related investment structured as a 9-year $500,000 loan with a below-market return expectation of 5% given the assumed risk of the issuer and duration of the debt instrument. The proceeds of the loan will be used by the issuer to purchase equity interests in their Social Investment Fund, which is intended to further the foundations charitable mission. | Description1Txt |
| Expenses1 | $500,000 | Expenses1Amt |
| Total | $500,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $51,801,517 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,538,909 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $56,340,426 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $56,340,426 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $845,106 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $55,495,320 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,774,766 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,774,766 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,193 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,193 | TotalTaxAmt |
| Distributable Before Adj | $2,751,573 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $39,474 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,791,047 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,791,047 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,457,408 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $500,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,957,408 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $23,193 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,934,215 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,791,047 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $290,639 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $485,761 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $776,400 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,957,408 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,791,047 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $166,361 | RemainingDistriFromCorpusAmt |
| Total Corpus | $942,761 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $290,639 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $652,122 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $485,761 | ExcessFromYear4Amt |
| Excess From Current Year | $166,361 | 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 (40 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AIDA | ||||||||||||
| 50 California Street Suite 500 | San Francisco | CA | 94111 | N/A | PC | Climate Advocacy | $40,000 | |||||
| Bioversity International | ||||||||||||
| N/A | PC | Land Stewardship | $35,000 | Via dei Tre Denari 472/a | Maccarese | Maccarese | IT | 00054 | ||||
| Citizen Engagement Lab Education Fu | ||||||||||||
| 1330 Broadway 3rd Floor | Oakland | CA | 94612 | N/A | PC | Resilient Local Economies | $35,000 | |||||
| Common Counsel Foundation | ||||||||||||
| 405 - 14th Street Suite 809 | Oakland | CA | 94612 | N/A | PC | Global Networks | $1,500 | |||||
| Community Alliance for Global Justi | ||||||||||||
| 606 Maynard Ave S Ste 102 | Seattle | WA | 98104 | N/A | PC | Land Stewardship | $15,000 | |||||
| Confluence Philanthropy | ||||||||||||
| 475 Riverside Drive Suite 900 | New York | NY | 10115 | N/A | PC | Global Networks | $35,000 | |||||
| Consultative Grp on Biological Dive | ||||||||||||
| PO Box 29361 | San Francisco | CA | 94129 | N/A | PC | Global Networks | $2,000 | |||||
| Cultural Conservancy | ||||||||||||
| PO Box 29044 | San Francisco | CA | 94129 | N/A | PC | Land Stewardship | $43,000 | |||||
| EarthRights International | ||||||||||||
| 1612 K Street NW Suite 401 | Washington | DC | 20006 | N/A | PC | Land Stewardship | $28,000 | |||||
| Edge Funders Alliance | ||||||||||||
| 116 East 16th Street 7th Floor | New York | NY | 10003 | N/A | PC | Global Networks | $2,000 | |||||
| E-TechInternational | ||||||||||||
| 231 Las Mananitas Street | Santa Fe | NM | 87501 | N/A | PC | Climate Advocacy | $44,100 | |||||
| Friends of Navdanya | ||||||||||||
| 56 Dorcar Road | Chestnut Hill | MA | 02467 | N/A | PC | Visionaries & Innovations | $15,000 | |||||
| Fundacion Gaia Amazonas | ||||||||||||
| N/A | PC | Land Stewardship | $60,000 | Cra 24 No 36-09 | Bogot | Bogot | CO | |||||
| Global Greengrants Fund | ||||||||||||
| 2840 Wilderness Place Suite A | Boulder | CO | 80301 | N/A | PC | Land Stewardship | $705,000 | |||||
| GroundswellInternational | ||||||||||||
| 1215 Kearney St NE | Washington | DC | 20013 | N/A | PC | Global Networks | $150,700 | |||||
| Honor the Earth | ||||||||||||
| 607 Main Avenue | Callaway | MN | 56521 | N/A | PC | Visionaries & Innovations | $20,000 | |||||
| Idea Wild | ||||||||||||
| 420 Riddle Dr | Fort Collins | CO | 80521 | N/A | PC | Land Stewardship | $25,000 | |||||
| Indian Law Resource Center | ||||||||||||
| 602 North Ewing St | Helena | MT | 59601 | N/A | PC | Global Networks | $2,028 | |||||
| Indigenous Edu Network of Turtle Is | ||||||||||||
| PO Box 485 | Bemidji | MN | 56619 | N/A | PC | Visionaries & Innovations | $23,000 | |||||
| International Development Exchange | ||||||||||||
| 333 Valencia Street | San Francisco | CA | 94103 | N/A | PC | Visionaries & Innovations | $35,000 | |||||
| International Forum on Globalizatio | ||||||||||||
| 1009 General Kennedy Avenue 2 | San Francisco | CA | 94129 | N/A | PC | Global Networks | $10,000 | |||||
| Int'l Funders for Indigenous People | ||||||||||||
| PO Box 29184 | San Francisco | CA | 94129 | N/A | PC | Global Networks | $45,000 | |||||
| International Rivers | ||||||||||||
| 2054 University Avenue Suite 300 | Berkeley | CA | 94704 | N/A | PC | Global Networks | $7,000 | |||||
| Land Empowerment Animals People | ||||||||||||
| 3378 Revere Ave | Oakland | CA | 94605 | N/A | PC | Land Stewardship | $2,500 | |||||
| Land is Life | ||||||||||||
| 240 Kent Ave | Brooklyn | NY | 11249 | N/A | PC | Land Stewardship | $135,000 | |||||
| Mission Investors Exchange | ||||||||||||
| 2440 West El Camino Real Suite 300 | Mountain View | CA | 94040 | N/A | PC | Global Networks | $3,200 | |||||
| Movement Strategy Center | ||||||||||||
| 436 14th St 5th floor | Oakland | CA | 94612 | N/A | PC | Climate Advocacy | $30,000 | |||||
| New Venture Fund | ||||||||||||
| 1201 Connecticut Ave NW Suite 300 | Washington | DC | 20036 | N/A | PC | Global Networks | $112,200 | |||||
| Responsible Endowments Coalition | ||||||||||||
| 33 Flatbush Avenue 5th Floor | Brooklyn | NY | 11217 | N/A | PC | Global Networks | $5,000 | |||||
| RSF Social Finance | ||||||||||||
| 1002 OReilly Avenue | San Francisco | CA | 94129 | N/A | PC | Resilient Local Economies | $15,000 | |||||
| Slow Money | ||||||||||||
| PO Box 333 | York Harbor | ME | 03911 | N/A | PC | Global Networks | $5,900 | |||||
| Terralingua | ||||||||||||
| 13269 Covered Rd | Atlantic Mine | MI | 49905 | N/A | PC | Global Networks | $30,000 | |||||
| The Center for Mind Body Medicine | ||||||||||||
| 5225 Connecticut Ave NW Suite 414 | Washington | DC | 20015 | N/A | PC | Land Stewardship | $35,000 | |||||
| The Center for Rural Affairs | ||||||||||||
| 145 Main Street PO Box 136 | Lyons | NE | 68038 | N/A | PC | Land Stewardship | $1,000 | |||||
| The Gaia Foundation | ||||||||||||
| N/A | PC | Land Stewardship | $80,000 | 6 Heathgate Place Agincourt Road | London | London | UK | NW3 2NU | ||||
| The Oakland Institute | ||||||||||||
| PO Box 18978 | Oakland | CA | 94619 | N/A | PC | Global Networks | $50,000 | |||||
| Tides Canada | ||||||||||||
| N/A | PC | Land Stewardship | $60,000 | 400-163 West Hastings Street | Vancouver | BC | CA | V6B 1H5 | ||||
| United Roots | ||||||||||||
| PO Box 11567 | Oakland | CA | 94611 | N/A | PC | Visionaries & Innovations | $10,000 | |||||
| White Earth Land Recovery Project | ||||||||||||
| 607 Main Avenue | Callaway | MN | 56521 | N/A | PC | Resilient Local Economies | $20,000 | |||||
| Yansa Inc | ||||||||||||
| 14 Church Street | Cold Spring | NY | 10516 | N/A | PC | Land Stewardship | $44,400 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,017,528 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $462,483 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $574,782 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $89,797 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,568,894 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| Partnership Income | 900099 | -$10,947 | 14 | $60,620 |
| PRI Interest | 14 | $19,571 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $78,850 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,686,350 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,765,200 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | The MST 2000 Charitable Lead Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74-900 Highway III Suite 127 | AddressLine1Txt |
| City | Indian Wells | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $539,218 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Accounting Fees | $23,100 | $0 | $0 | $23,100 |
| Tax Preparation Fees | $38,275 | $0 | $0 | $38,275 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | See Corporate Bond Statement | BondNm |
| EOY Book Value | $4,797,503 | EOYBookValueAmt |
| EOYFMV | $4,885,923 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | See Stock Statement | StockNm |
| EOY Book Value | $17,625,514 | EOYBookValueAmt |
| EOYFMV | $18,569,993 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,340,105 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $6,432,992 | 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 | $12,653,418 | BookValueAmt |
| EOYFMV | $18,815,638 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Canticle Farm | $73,385 | $65,128 | $65,128 |
| CoEfficient, LLC | $75,000 | $75,000 | $40,000 |
| MicroEnergy Credits | $130,913 | $130,913 | $12,500 |
| Native American Natural Foods, LLC | $156,647 | $150,000 | $142,500 |
| Root Capital | $800,000 | $809,000 | |
| RSF Social Finance - PRI Fund 02 | $400,000 | $389,350 | |
| RSF Social Finance - PRI Fund 03 | $400,000 | $400,000 | $389,350 |
| Storytellers Foundation | $63,685 | $58,555 | $58,555 |
| Yansa Renovables | $80,000 | $80,000 | $1 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Cost Basis Adjustments | Desc |
| Amt | $628,593 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Bookkeeping Fees | $5,220 | $5,220 | |
| Dues and Memberships | $1,145 | $1,145 | |
| Grant Software | $10,000 | $10,000 | |
| Office Expense | $13,321 | $13,321 | |
| Other Investment Expenses | $8,036 | $8,036 | |
| Website | $1,142 | $1,142 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Partnership Income | $49,673 | $60,620 |
| PRI Interest | $19,571 | $19,571 |
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 | $19,240 | $0 | $0 | $19,240 |
| Impact Investing/PRI Fees | $43,000 | $0 | $0 | $43,000 |
| Investment Management Fees | $341,432 | $341,432 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Taxes W/H | CategoryTxt |
| Amt | $17,529 | Amt |
| Net Investment Income | $17,529 | NetInvestmentIncomeAmt |
Comments