Carl & Caroline Swanson Foundation
The Carl & Caroline Swanson Foundation is a private foundation based in Omaha, Nebraska. Its 2024 filing reports 16 grants totaling $1,591,000 to organizations in several states, including organizations involved in equine activities, therapeutic outdoor education, medical needs, food access, and environmental education.
Key facts about Carl & Caroline Swanson Foundation
In short: Carl & Caroline Swanson Foundation gave $1.6M across 16 grants in 2024 (avg $99K), mostly in Colorado. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 47-6024644
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,591,000
- Grants made (2024)
- 16
- Average grant
- $99,438
- Median grant
- $25,000
- New grantees (estimate)
- 13% first-time grantees (2 of 16, 2024)
- Total assets
- $22,113,135
- Primary geography
- Colorado (66% of itemized 2024 grant dollars)
- How to apply
- The filing names Frederick S. Full details ↓
- Deadline
- N/A.
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.1M
+23.8% YoY
Annual Giving
$1.6M
-3.6% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$99K
-3.6% YoY
Under IRS private-foundation payout rules, Carl & Caroline Swanson Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Is Carl & Caroline Swanson Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 2 of 16 grantees (13%) were first-time recipients. First grants averaged $5K; repeat grants $113K. How we count
Medians: $5K first-time, $25K repeat.
- 88% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+4%). Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants included support for equine outreach and industry relations, therapeutic outdoor education, general operating costs, a fire department, and other purposes.
The grantees’ own mission statements illustrate the work of some organizations it supported: Corbett Medical Foundation says it responds to critical medical needs in its Wyoming service area; Food Bank for the Heartland says it works to eliminate hunger by ensuring access to healthy foods; REEF Environmental Education says it works to protect biodiversity and ocean life through citizen science, education, and partnerships; and Ranching Heritage Association says it preserves and interprets the history of ranching and the livestock industry.
Grantmaking
In 2024, the foundation reported 16 grants totaling $1,591,000. Awards ranged from $5,000 to $800,000, with a median grant of $25,000. The largest grants included $800,000 to Colorado State University Foundation for equine outreach and industry relations, $275,000 to Corbett Medical Foundation for its general operating fund, and $250,000 to Breckenridge Outdoor Education for therapeutic general operating support. Other reported grants included $51,000 to Food Bank for the Heartland and $40,000 to National Snaffle Bit Foundation.
Review Cycle
N/A.
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Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went to recipients in multiple states. Colorado accounted for 66% of grant dollars, Wyoming 17%, Nebraska 6%, Illinois 3%, and Texas 3%.
Grant Distribution by State
Share of all 16 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2020) to $1.8M (2022). In 2024 it made 16 grants totaling $1.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Colorado State Univ Foundation ($800K). Together the top 10 received $1.5M.
Grant Size Distribution
78 grants across all recorded years
The most common grant size was under $50K: 56 grants of 78 (72%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Colorado State Univ Foundation Fort Collins, CO | Equine Outreach & Industry Relations | $800,000 |
| Corbett Medical Foundation Saratoga, WY | General Operating Fund | $275,000 |
| Breckenridge Outdoor Education Breckenridge, CO | General Operating - Therapeutic | $250,000 |
| Food Bank for the Heartland Omaha, NE | Unrestricted -General Operating Prog | $51,000 |
| National Snaffle Bit Foundation Gurnee, IL | General Fund | $40,000 |
| Omaha Equistrian Foundation Omaha, NE | Unrestricted -General Operating Fund | $25,000 |
| Palomino Horse Breeders Tulsa, OK | Unrestricted -General Operating Fund | $25,000 |
| Ranching Heritage Association Lubbock, TX | General Operating | $25,000 |
| Reef Environmental Education Key Largo, FL | General Fund | $25,000 |
| American Quarter Hourse Foundation Amarillo, TX | Unrestricted -General Operating Prog | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $22,113,135 | $6,365,504 | $1,902,354 | $1,591,000 |
| 2023 | $17,868,615 | $2,088,290 | $1,896,670 | $1,650,000 |
| 2022 | $17,701,337 | $2,192,084 | $2,124,295 | $1,797,500 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,113,135 | $17,868,615 | $17,701,337 |
| Revenue | $6,365,504 | $2,088,290 | $2,192,084 |
| Expenses | $1,902,354 | $1,896,670 | $2,124,295 |
| Qualifying Distributions | $1,611,000 | $1,670,000 | $1,817,500 |
| Net Investment Income | $6,030,151 | $1,822,394 | $1,855,745 |
| Distributable Amount | $1,832,071 | $1,618,803 | $1,663,720 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Frederick S. Bucholz as president and director; Lawrence K. Sheehan as secretary; Jonathan P. Ehly as treasurer and director; and Lori S. Bucholz and Edward J. Fitzpatrick as directors.
Carl & Caroline Swanson Foundation is led by Frederick S. Bucholz, President & Director since 2024 (on filings since 2020); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frederick S. Bucholz
President & Director
President → President & Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Edward J. Fitzpatrick
Director
Treasurer → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Lori S. Bucholz
Director
On filings since 2020
1 hr/week
No compensation reported
Jonathan P. Ehly
Treasurer & Director
Treasurer → Treasurer & Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Lawrence K. Sheehan
Secretary
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Michael Jones (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Frederick S Bucholz
Mailing address: 4935 Battlefield Drive, Omaha, NE 68152
Phone: (402) 453-7500
Frequently asked questions about Carl & Caroline Swanson Foundation
How much does Carl & Caroline Swanson Foundation give each year?
Carl & Caroline Swanson Foundation gave $1.6M across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 16 grants.
What is Carl & Caroline Swanson Foundation's typical grant size?
Carl & Caroline Swanson Foundation's median grant in 2024 was $25,000, and its average grant was $99,438, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Carl & Caroline Swanson Foundation that year got $5K on average.
Where does Carl & Caroline Swanson Foundation give grants?
Carl & Caroline Swanson Foundation gives mostly in Colorado: 66% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Wyoming (17%) and Nebraska (6%). The most frequent recipient cities were Omaha, NE (2 grants).
Does Carl & Caroline Swanson Foundation give general operating support?
Yes: 94% of Carl & Caroline Swanson Foundation's 2024 grants with a stated purpose (15 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Carl & Caroline Swanson Foundation's largest grantees?
Carl & Caroline Swanson Foundation's largest 2024 grantees include Colorado State Univ Foundation ($800,000), Corbett Medical Foundation ($275,000) and Breckenridge Outdoor Education ($250,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.
How large is Carl & Caroline Swanson Foundation?
Carl & Caroline Swanson Foundation reported $22.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
What does Carl & Caroline Swanson Foundation fund?
No foundation mission statement is provided. Its 2024 grants included support for equine outreach and industry relations, therapeutic outdoor education, general operating costs, a fire department, and other purposes. See mission & focus areas ↑
How do I apply for a grant from Carl & Caroline Swanson Foundation?
The filing names Frederick S. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Carl & Caroline Swanson Foundation's EIN?
Carl & Caroline Swanson Foundation's EIN (Employer Identification Number) is 47-6024644. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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