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Swarts Memorial Fund is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 0000. The principal officer is Bank Of America Na. It holds total assets of $8.7M. Annual income is reported at $2M. The foundation is governed by 1 officer or trustee. 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 2017 to 2024. Funding is distributed across 5 states, including Illinois, Massachusetts, New Jersey. According to available records, Swarts Memorial Fund has made 30 grants totaling $1.5M, with a median grant of $27K. Annual giving has grown from $547K in 2022 to $945K in 2023. Individual grants have ranged from $19K to $274K, with an average award of $50K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Illinois, California, New Jersey, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$18K
Median Grant
$18K
Average Grant
$36K
Largest Grant
$148K
Based on 10 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.
Swarts Memorial Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in IL, CA, NJ.
Swarts Memorial Fund has distributed a total of $1.5M across 30 grants. The median grant size is $27K, with an average of $50K. Individual grants have ranged from $19K to $274K.
Swarts Memorial Fund typically selects its grantees rather than accepting unsolicited proposals.
Swarts Memorial Fund is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $88K | $0 | $88K |
Total Giving
$470K
Total Assets
$8.5M
Fair Market Value
$10.3M
Net Worth
$8.5M
Grants Paid
$368K
Contributions
N/A
Net Investment Income
$220K
Distribution Amount
$466K
Total Grants
30
Total Giving
$1.5M
Average Grant
$50K
Median Grant
$27K
Unique Recipients
10
Most Common Grant
$24K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Jewish Federation OfUNRESTRICTED GENERAL | Chicago, IL | $236K | 2023 |
| The Jewish Fund OfUNRESTRICTED GENERAL | Chicago, IL | $47K | 2023 |
| The Mental Health AssociationUNRESTRICTED GENERAL | Chicago, IL | $28K | 2023 |
| The Seeing Eye IncUNRESTRICTED GENERAL | Morristown, NJ | $24K | 2023 |
| Chicago Lighthouse ForUNRESTRICTED GENERAL | Chicago, IL | $24K | 2023 |
| Temple Shalom Of ChicagoUNRESTRICTED GENERAL | Chicago, IL | $24K | 2023 |
| Arthritis Foundation ChicagoUNRESTRICTED GENERAL | Chicago, IL | $24K | 2023 |
| The Salvation ArmyUNRESTRICTED GENERAL | Long Beach, CA | $24K | 2023 |
| Brandeis UniversityUNRESTRICTED GENERAL | Waltham, MA | $24K | 2023 |
| Association Of UnityUNRESTRICTED GENERAL | Lees Summit, MO | $19K | 2023 |