Carl a & Theresa K Swafford Foundation Inc

MURFREESBORO, TN EIN: 62-6039681

The Carl A & Theresa K Swafford Foundation Inc is a private foundation based in Murfreesboro, Tennessee. Established around 1962, the foundation operates as an independent foundation focused on philanthropic giving within its defined areas of interest.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-1.4% YoY

Annual Giving

$178K

+19.2% YoY

Grant Count

+15.4% YoY

Avg Grant Size

$6K

+3.3% YoY

Under IRS private-foundation payout rules, Carl a & Theresa K Swafford Foundation Inc reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities focus primarily on Lutheran organizations and churches. Additional funding areas include education, human services, and community health initiatives.

Grantmaking

Based on the most recent IRS Form 990 filing (2024), the foundation distributed $175,200 in total giving across approximately 30 grants.

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Geographic Focus

Where this funder awards grants

The foundation provides grants primarily in Alabama, Mississippi, and Virginia.

Grant Distribution by State

Alabama $257K (35%)

Tennessee $222K (30%)

Mississippi $126K (17%)

Virginia $71K (10%)

Kentucky $22K (3%)

Florida $20K (3%)

South Carolina $10K (1%)

Kansas $4K (1%)

+3 more states

States

Alabama California District of Columbia Florida Georgia Kansas Kentucky Mississippi South Carolina Tennessee Virginia

Cities

AnnistonBirminghamBuchananCantonmentChattanoogaEdgefieldFoleyGermantownGreensburgGulf ShoresHazardJacksonJacksonvilleLexingtonLouisvilleMemphisMurfreesboroNashvilleOrange BeachOxford

Financial History

Multi-year comparison from IRS filings

Total Assets: $2,720,277
Total Annual Giving: $175,200

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,720,277	$2,758,441	$2,769,024
Revenue	$189,347	$170,892	$149,176
Expenses	$193,314	$168,192	$176,640
Qualifying Distributions	$175,200	—	$156,800
Net Investment Income	$175,867	$158,648	$140,807
Distributable Amount	$133,418	$128,300	$137,947

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

118 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Freedom Alliance ($25,000), Swafford Chapel ($20,000), Orange Beach Fishing Assoc ($20,000).

Recipient	Purpose	Amount
CARSON-PITCOCK SCHOLARSHIP OXFORD, MS	UNIVERSITY SCHOLARSHIPS	$5,000
A SOLDIERS CHILD SMYRNA, TN	PUBLIC CHARITY	$4,000
SCULPTURE FIELDS CHATTANOOGA, TN	PUBLIC CHARITY	$1,000
SWAFFORD CHAPEL PIKEVILLE, TN	RELIGIOUS SUPPORT	$15,000
SWAFFORD CHAPEL PIKEVILLE, TN	RELIGIOUS SUPPORT	$20,000
SIGMA NU CHARITY BOWL OXFORD, MS	UNIVERSITY ORGANIZATION	$5,000
SOUTH BALDWIN SCOUTING ASSN FOLEY, AL	SCOUTING ORGANIZATION	$10,000
CHILD CHRISTIAN SVCS GULF SHORES, AL	PUBLIC CHARITY	$5,000
B BRYAN PRESERVE POINT ARENA, CA	TO SUPPORT THE CHARITY	$1,000
YOUTH REACH SUMMERDALE, AL	PUBLIC CHARITY	$3,200

Leadership & Key People

Leadership team and compensation from IRS filings

Foundation Officers:

Carl A Swafford Jr – President (10 hours/week, unpaid)
Julia Ann Swafford – Vice President (1 hour/week, unpaid)
Carl A Swafford III – Vice President (5 hours/week, $6,200 compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CARL A SWAFFORD JR	PRESIDENT	10	—
JULIA ANN SWAFFORD	VICE PRESIDENT	1	—
CARL A SWAFFORD III	VICE PRESIDENT	5	$6,240

Contact Information

Address: 2809 Bertram Ct Murfreesboro, TN 37129-3793

Phone: (615) 297-7835

EIN: 62-6039681

Frequently Asked Questions

What does Carl a & Theresa K Swafford Foundation Inc fund?

The foundation's giving priorities focus primarily on Lutheran organizations and churches. Additional funding areas include education, human services, and community health initiatives.

How do I apply for a grant from Carl a & Theresa K Swafford Foundation Inc?

**Grant Amounts:** • Typical grant awards range from $100 to $25,000 • Median grant amount: $3,800 • Maximum grant award: $25,000 **Recent Activity:** Based on the most recent IRS Form 990 filing (2024), the foundation distributed $175,200 in total giving across approximately 30 grants.

Where does Carl a & Theresa K Swafford Foundation Inc make grants?

The foundation provides grants primarily in Alabama, Mississippi, and Virginia.

What size grants does Carl a & Theresa K Swafford Foundation Inc award?

In 2024, Carl a & Theresa K Swafford Foundation Inc awarded 30 grants totaling $178K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Carl a & Theresa K Swafford Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carl a & Theresa K Swafford Foundation Inc reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carl a & Theresa K Swafford Foundation Inc's EIN?

Carl a & Theresa K Swafford Foundation Inc's EIN (Employer Identification Number) is 62-6039681. IRS Form 990 filing data is available on this page for 2020–2024.