The John S Swaim Memorial Scholarship is a private foundation based in Asheboro, North Carolina. Its 2024 filing reports scholarship contributions for students and a grant to Asheboro Shelter of Hope for a homeless shelter.
Key facts about John S Swaim Memorial Scholarship
In short: John S Swaim Memorial Scholarship gave $53K across 16 grants in 2024 (avg $3K), mostly in North Carolina. Source: 2024 IRS Form 990 filing.
- EIN
- 56-2123531
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $53,200
- Grants made (2024)
- 16
- Average grant
- $3,325
- Median grant
- $1,000
- Total assets
- $74,438
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- How to apply
- The foundation accepts applications submitted through high school guidance counselors. Full details ↓
- Deadline
- April 18.
Data from IRS Form 990 filing, 2024; updated October 2026. 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 filing · View filing
Total Assets
$74K
-36.2% YoY
Annual Giving
$53K
+325.6% YoY
Grant Count
16
+77.8% YoY
Avg Grant Size
$3K
+139.4% YoY
How John S Swaim Memorial Scholarship gives
- Giving grew 718% from 2021 to 2024. Method
- In 2021 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
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s 2024 filing describes its direct charitable activity as contributing scholarships for students. Its grants that year included scholarships for individual recipients and support for Asheboro Shelter of Hope, with the stated purpose “homeless shelter.”
Grantmaking
In 2024, the foundation reported 16 grants totaling $53,200. Grant amounts ranged from $500 to $35,000, with a median of $1,000. The largest grant was $35,000 to Asheboro Shelter of Hope. Other reported awards included scholarships to individual recipients for study at UNC Wilmington, Randolph Community College, Central Carolina Community College, NC State University, East Carolina University, and UNC Charlotte.
Review Cycle
April 18. The filing does not specify a year for this deadline; as of October 2, 2026, it is not identified as an open application cycle.
How to Apply
The foundation accepts applications submitted through high school guidance counselors. Awards are restricted to students from Randleman, Asheboro, and Southwestern Randolph high schools.
Ready to take the next step with John S Swaim Memorial Scholarship?
Geographic Focus
Where this funder awards grants
All reported 2024 grant dollars went to recipients in North Carolina. The filing restricts scholarship awards to students from Randleman, Asheboro, and Southwestern Randolph high schools.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2020) to $53K (2024). In 2024 it made 16 grants totaling $53K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Asheboro Shelter of Hope ($35K).
Organizations only. It also paid 15 individual scholarships ($18,200), which are not listed by name.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 42 grants of 42 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Asheboro Shelter of Hope Asheboro, NC | Homeless Shelter | $35,000 |
| 15 individual scholarships Recipients not named | — | $18,200 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $74,438 | $13,817 | $55,993 | $53,200 (16 grants) |
| 2023 | $116,614 | $4,776 | $15,755 | $12,500 (9 grants) |
| 2022 | $122,632 | $6,216 | $9,044 | $5,500 (7 grants) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $74,438 | $116,614 | $122,632 |
| Revenue | $13,817 | $4,776 | $6,216 |
| Expenses | $55,993 | $15,755 | $9,044 |
| Qualifying Distributions | — | — | $5,500 |
| Net Investment Income | $11,982 | $9,579 | $7,934 |
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 Maxton C McDowell as president and Wanda McDowell as secretary.
John S Swaim Memorial Scholarship is led by Maxton C. McDowell, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Maxton C. McDowell
President
On filings since 2020
1 hr/week
No compensation reported
Wanda McDowell
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: J. Gale Thomas (2020–2021) — 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: Maxton C Mcdowell
Mailing address: 5354 Old Nc Hwy 49, Asheboro, NC 27205
Phone: (336) 241-2256
Email: mcmcpa@rtmc.net
Frequently asked questions about John S Swaim Memorial Scholarship
How much does John S Swaim Memorial Scholarship give each year?
John S Swaim Memorial Scholarship gave $53K across 16 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $13K across 9 grants.
What is John S Swaim Memorial Scholarship's typical grant size?
John S Swaim Memorial Scholarship's median grant in 2024 was $1,000, and its average grant was $3,325, across 16 grants on its 2024 IRS Form 990 filing.
Where does John S Swaim Memorial Scholarship give grants?
John S Swaim Memorial Scholarship gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there.
Does John S Swaim Memorial Scholarship give general operating support?
Not in 2024: none of the 16 grants with a stated purpose on John S Swaim Memorial Scholarship's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Uncc Scholarship" (5 grants) and "NC State Univ. Scholarship" (3 grants).
How large is John S Swaim Memorial Scholarship?
John S Swaim Memorial Scholarship reported $74K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $14K.
What does John S Swaim Memorial Scholarship fund?
The foundation’s 2024 filing describes its direct charitable activity as contributing scholarships for students. Its grants that year included scholarships for individual recipients and support for Asheboro Shelter of Hope, with the stated purpose “homeless shelter.” See mission & focus areas ↑
How do I apply for a grant from John S Swaim Memorial Scholarship?
The foundation accepts applications submitted through high school guidance counselors. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is John S Swaim Memorial Scholarship's EIN?
John S Swaim Memorial Scholarship's EIN (Employer Identification Number) is 56-2123531. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching John S Swaim Memorial Scholarship by hand.
Explore Open Grants
Browse active grant opportunities in John S Swaim Memorial Scholarship's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
The H Clay and Wavie M Presnell
Randleman, NC
Assets
$2.9M
Grants
3
Total Given
$148K
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
Asheville, NC
Dogwood Health Trust funds work in housing, education, economic opportunity, and health and wellness that improves wellbeing in Western North Carolina, including its 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; application requirements vary by funding opportunity.
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.
Assets
$630.1M
Grants
823
Total Given
$90.4M
The Community Foundation of Western North Carolina Inc
Asheville, NC
The Community Foundation of Western North Carolina funds nonprofits and public agencies serving 18 Western North Carolina counties, including the Qualla Boundary, in areas such as cultural resources, education, human services, and natural resources. Its 2025 grants had a median of $25,000, though award sizes varied widely; some local opportunities cap grants at $5,000 or $7,500. It provides an online application system, but the profile does not state whether unsolicited requests are accepted.
Assets
$481.0M
Grants
793
Total Given
$59.4M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
Durham, NC
The foundation supports nonprofits in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with grants also benefiting fields such as health, conservation, and human services. Its 2025 grants had a median of $20,000 and ranged from about $5,000 to $1.39 million; it primarily serves Durham, Orange, Wake, and Chatham Counties in North Carolina. It accepts applications for competitive discretionary programs during open grant cycles; donor-advised fund grants are also made.
Assets
$335.8M
Grants
599
Total Given
$26.7M
The Labcorp Charitable Foundation
Burlington, NC
The Labcorp Charitable Foundation funds food access, healthcare and patient services for underserved communities, STEM and youth education, and medical research and screenings. Its typical giving level is unclear: reported grants range from smaller community awards to a 2025 median of $1,328,824, though that year’s filing itemizes only two grants. It supports local communities without a stated geographic eligibility area and does not accept unsolicited requests.
Assets
$19.6M
Grants
2
Total Given
$2.7M
The Leon Levine Foundation
Charlotte, NC
The Leon Levine Foundation funds healthcare, human services, education, and Jewish community work, primarily benefiting people in North and South Carolina. Its 2025 grants ranged from $10,000 to $2.1 million, with a median of $60,000. It accepts unsolicited requests through an eligibility quiz and portal, starting with a letter of inquiry.
Assets
$1.9B
Grants
522
Total Given
$57.9M
NCHSAA Foundation Inc
Chapel Hill, NC
The NCHSAA Foundation supports NCHSAA member schools, mainly in North Carolina, with programs and resources for student-athletes’ wellness, safety, life skills, equipment, and scholarships. In 2025, grants ranged from $750 to $5,000, with a median of $1,845. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$25.9M
Grants
498
Total Given
$967K
More Funders in North Carolina
John S Swaim Memorial Scholarship down — hundreds of funders to go?