Susannah M Swihart Charitable

CUMBERLAND FORESIDE, ME EIN: 01-0534479

Susannah M Swihart Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUMBERLAND FORESIDE, ME. IRS filing data is available from 2020 through 2022. In 2022, it awarded 3 grants totaling $1.9M. Net investment income was $72K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$1.9M

+1669.0% YoY

Grant Count

-62.5% YoY

Avg Grant Size

$619K

+4617.2% YoY

Under IRS private-foundation payout rules, Susannah M Swihart Charitable reported a distributable amount of $79K for 2022 — the minimum it must pay out in qualifying distributions.

About Susannah M Swihart Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.8M (89%)

Maine $220K (11%)

States

Maine New York

Cities

AuburnEastportOronoPortlandPurchase

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$1,960,726	$1,715,586
Revenue	$77,690	$103,156	$129,507
Expenses	$1,863,547	$108,601	$98,272
Qualifying Distributions	$1,858,916	$105,750	—
Net Investment Income	$72,147	$99,873	$46,754
Distributable Amount	$78,797	$89,711	$76,251

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Morgan Stanley Global Impact Funding Trust Inc ($1,837,416), The Tides Institute ($10,000), United Way of Southern Maine ($10,000).

Recipient	Purpose	Amount
Morgan Stanley Global Impact Funding Trust Inc Purchase, NY	General Operating Support	$1,837,416
The Tides Institute Eastport, ME	General Operating Support	$10,000
United Way of Southern Maine Portland, ME	General Operating Support	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
Susannah M Swihart	Trustee	5	—
Abigail Armstrong	Trustee	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Susannah M Swihart Charitable?

Susannah M Swihart Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUMBERLAND FORESIDE, ME. It holds — in total assets as of 2022.

Where does Susannah M Swihart Charitable operate?

Susannah M Swihart Charitable has awarded grants in Maine, New York.

What size grants does Susannah M Swihart Charitable award?

In 2022, Susannah M Swihart Charitable awarded 3 grants totaling $1.9M — an average of about $619K per grant, based on its IRS Form 990 filings.

How much is Susannah M Swihart Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Susannah M Swihart Charitable reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.