Sweetser Foundation Inc

Foundation · Grantmaker ANNAPOLIS, MD EIN: 54-2062016

Sweetser Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANNAPOLIS, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 21 grants totaling $241K. Net investment income was $321K.

Key facts about Sweetser Foundation Inc

EIN
54-2062016
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$241,000
Grants made (2024)
21
Average grant
$11,476
Median grant
$5,000
Total assets
$1,704,570
Primary geography
District of Columbia (41% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Sweetser Foundation Inc funds

By grant dollars, the top recipient states for Sweetser Foundation Inc's 21 itemized 2024 grants were District of Columbia (41%), Maryland (28%) and Maine (12%). The most frequent recipient cities were Annapolis, MD (5 grants). 62% of grants with a stated purpose were for general or operating support. Recurring purposes include "Sweetser Scholar" (7 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+5.6% YoY

Annual Giving

$241K

+1.5% YoY

Grant Count

21

-22.2% YoY

Avg Grant Size

$11K

+30.5% YoY

Under IRS private-foundation payout rules, Sweetser Foundation Inc reported a distributable amount of $334K for 2024 — the minimum it must pay out in qualifying distributions.

About Sweetser Foundation Inc

Based on IRS filings

Sweetser Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANNAPOLIS, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 21 grants totaling $241K. Net investment income was $321K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states
+7 more states

Cities

AnnapolisMiltonBostonOronoBaltimorePortlandCastineCharlottesvilleStoningtonWashingtonWorcesterDullesManchesterMilfordNashuaPotomacPotsdamBangorChicagoTroy

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$89K$177K$266K$355K20202021202220232024
Metric202420232022
Total Assets$1,704,570$1,613,933$1,591,108
Revenue$322,338$278,097$97,750
Expenses$269,793$255,272$300,891
Qualifying Distributions$257,167$252,520$296,836
Net Investment Income$321,058$276,316$94,695
Distributable Amount$333,981$259,342$263,981

Giving Over Time

Total grant dollars and number of grants per year

$0$71K$142K$212K$283K25 grants202031 grants202140 grants202227 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Archbishop Carroll High …$100KSeeds 4 Success$20KUniversity of Maine$19KArcs Foundation$15KStart the Adventure in R…$15KCatholic Schools Foundat…$10KSt Mary's Parishcapital …$10KThomas Jefferson Foundat…$7KClark University$5KMaine Maritime Academy$5K

Grant Size Distribution

144 grants across all recorded years

142<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Archbishop Carroll High School ($100,000), Seeds 4 Success ($20,000), University of Maine ($19,000).

RecipientPurposeAmount
ARCHBISHOP CARROLL HIGH SCHOOL WASHINGTON, DCGENERAL OPERATING SUPPORT$100,000
SEEDS 4 SUCCESS ANNAPOLIS, MDGENERAL OPERATING SUPPORT$20,000
UNIVERSITY OF MAINE ORONO, MESWEETSER SCHOLAR$19,000
ARCS FOUNDATION POTOMAC, MDGENERAL OPERATING SUPPORT$15,000
START THE ADVENTURE IN READING ANNAPOLIS, MDGENERAL OPERATING SUPPORT$15,000
CATHOLIC SCHOOLS FOUNDATION BOSTON, MAGENERAL OPERATING SUPPORT$10,000
ST MARY'S PARISHCAPITAL CAMPAIGN ANNAPOLIS, MDGENERAL OPERATING SUPPORT$10,000
THOMAS JEFFERSON FOUNDATION CHARLOTTESVILLE, VAGENERAL OPERATING SUPPORT$6,500
CLARK UNIVERSITY WORCESTER, MASWEETSER SCHOLAR$5,000
MAINE MARITIME ACADEMY CASTINE, MESWEETSER SCHOLAR$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLARD M SWEETSER JRPRESIDENT/DIRECTOR1—
SHARON S HACKETTDIRECTOR1—
SUSANNE M BLALOCKDIRECTOR1—
STACY L SWEETSERDIRECTOR1—
ELLEN S ALLENCHAIR/ADVISORY BOARD1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sweetser Foundation Inc?

Sweetser Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANNAPOLIS, MD. It holds $1.7M in total assets as of 2024.

How large is Sweetser Foundation Inc?

As of 2024, Sweetser Foundation Inc holds $1.7M in total assets with $322K in annual revenue. It awarded 21 grants totaling $241K in 2024.

Where does Sweetser Foundation Inc operate?

Sweetser Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Illinois, Massachusetts, Maryland, Maine, Minnesota, North Carolina, New Hampshire, New York, Ohio, Virginia, Vermont, Washington.

What size grants does Sweetser Foundation Inc award?

In 2024, Sweetser Foundation Inc awarded 21 grants totaling $241K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Sweetser Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sweetser Foundation Inc reported a distributable amount of $334K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sweetser Foundation Inc's EIN?

Sweetser Foundation Inc's EIN (Employer Identification Number) is 54-2062016. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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