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Mcswain Trust Agreement is a private trust based in SANFORD, NC. The foundation received its IRS ruling in 2017. The principal officer is Jean O Mcswain. It holds total assets of $2.2M. Annual income is reported at $511K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Mcswain Trust Agreement has made 103 grants totaling $381K, with a median grant of $3K. Annual giving has grown from $139K in 2020 to $242K in 2022. Individual grants have ranged from $600 to $30K, with an average award of $4K. The foundation has supported 39 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$600
Median Grant
$3K
Average Grant
$4K
Largest Grant
$30K
Based on 33 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Mcswain Trust Agreement primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 103 grants. Its grantmaking reaches organizations primarily in NC, SC, KY.
Mcswain Trust Agreement has distributed a total of $381K across 103 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $600 to $30K.
Mcswain Trust Agreement typically selects its grantees rather than accepting unsolicited proposals.
Mcswain Trust Agreement is headquartered in SANFORD, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jean Mcswain | TRUSTEE | $0 | $0 | N/A |
| Steven Mcswain | TRUSTEE | $0 | $0 | N/A |
Total Giving
$124K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$122K
Contributions
N/A
Net Investment Income
$54K
Distribution Amount
$112K
Total: N/A
Total Grants
103
Total Giving
$381K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
39
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $4K | 2022 |
| Robbins Village TheaterFUND RECIPIENT'S EXEMPT PURPOSE | Robbins, NC | $26K | 2022 |
| Temple TheaterFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $10K | 2022 |
| CuocFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $5K | 2022 |
| Samaritan'S MinistriesFUND RECIPIENT'S EXEMPT PURPOSE | Winston Salem, NC | $5K | 2022 |
| Moore County Art CouncilFUND RECIPIENT'S EXEMPT PURPOSE | Southern Pines, NC | $5K | 2022 |
| Helping Hand ClinicFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $4K | 2022 |
| Second Harvest Food Bank Of NwFUND RECIPIENT'S EXEMPT PURPOSE | Winston Salem, NC | $4K | 2022 |
| The Bread BasketFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $4K | 2022 |
| Haven Of Lee CountyFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $4K | 2022 |
| Robbins Area LibraryFUND RECIPIENT'S EXEMPT PURPOSE | Robbins, NC | $4K | 2022 |
| Lee County Community OrchestraFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $4K | 2022 |
| Food Bank Of Central And Eastern North CarolinaFUND RECIPIENT'S EXEMPT PURPOSE | Raleigh, NC | $4K | 2022 |
| The O'Neal SchoolFUND RECIPIENT'S EXEMPT PURPOSE | Southern Pines, NC | $3K | 2022 |
| Outreach MissionsFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $3K | 2022 |
| Railroad House MuseumFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $3K | 2022 |
| Sawtooth CenterFUND RECIPIENT'S EXEMPT PURPOSE | Winston Salem, NC | $3K | 2022 |
| Blue Ridge Parkway FoundationFUND RECIPIENT'S EXEMPT PURPOSE | Winston Salem, NC | $3K | 2022 |
| Backpack BeginningsFUND RECIPIENT'S EXEMPT PURPOSE | Greensboro, NC | $2K | 2022 |
| Children'S Home Society Of NcFUND RECIPIENT'S EXEMPT PURPOSE | Greensboro, NC | $2K | 2022 |
| Lee Co Sr High School Drama DeptFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $2K | 2022 |
| Sandhills Childrens CenterFUND RECIPIENT'S EXEMPT PURPOSE | Southern Pines, NC | $2K | 2022 |
| Bread Of Life MinistriesFUND RECIPIENT'S EXEMPT PURPOSE | Sanford, NC | $2K | 2022 |
| Broad River Genealogical SocietyFUND RECIPIENT'S EXEMPT PURPOSE | Shelby, NC | $2K | 2022 |
| Foothills OutdoorsFUND RECIPIENT'S EXEMPT PURPOSE | Robbins, NC | $1K | 2022 |
| North Moore High School DramaFUND RECIPIENT'S EXEMPT PURPOSE | Robbins, NC | $1K | 2022 |