SWMF Properties Inc

Public charity · Grantmaker Dallas, TX EIN: 75-2838956

SWMF Properties, inc. Acquires, receives, holds, maintains and manages real and personal property donations for the benefit of southwestern medical foundation. The organization's corporate property is used to support the charitable purposes of southwestern medical foundation.

SWMF Properties Inc at a glance

In short: SWMF Properties Inc gave $1.0M across 1 grant in 2024 (avg $1.0M), mostly in Texas. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,000,000
-76.2% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$1,000,000
-76.2% vs 2023
Median grant
$1,000,000
Total assets
$5,314,632
-16.5% vs 2023
Primary geography
Texas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who SWMF Properties Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Southwestern Medical Foundation: $1.0MSouthwestern MedicalFoundation$1.0M

The largest 2024 recipient was Southwestern Medical Foundation ($1.0M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

The most common grant size was in the $1–5M range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Dallas

How SWMF Properties Inc gives

  • Giving grew 87% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $534K (2021) to $4.6M (2020). In 2024 it made 1 grant totaling $1.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Southwestern Medical Foundation Dallas, TXTo assist in the study of causes, prevention, and cure of diseases.$1,000,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$5,314,632$1,968,965$2,957,284$1,000,0001$25,153
2023$6,368,531$3,148,586$6,458,605$4,200,0001$1,053,745
2022$9,865,752$4,025,886$6,334,636$3,507,5321$49,833
2021$12,303,844$3,734,436$3,211,048$534,3651$177,777
2020$11,880,648$2,068,524$7,190,956$4,559,2191$17,927

About SWMF Properties Inc

Based on IRS filings

SWMF Properties Inc is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 1 grant totaling $1.0M. Net investment income was $25K.

Leadership & Key People

Officers and directors from IRS filings

SWMF Properties Inc is led by Michael McMahan, President & CEO on every filing since 2023; none of the 11 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael McMahan

    President & CEO

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • David Corrigan

    Chairman

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Trae Holmes

    Managing Director of Accounting

    Director of Accounting → Managing Director of Accounting, 2024

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • David Miller

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • John B. Poston

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Kip Tindell III

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Leland Burk

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Kyle Miller

    Director

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Tucker Bridwell

    Director

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Emily Davis

    Corporate Secretary

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Sarah Fletcher

    CFO

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

Former officers (3)
  • Former: Kay Schlankey (2020–2023) — Senior Vice President & CFO
  • Former: Kathleen Gibson (2020–2022) — President & CEO
  • Former: Roxane Barry (2020–2022) — Director of Accounting

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.

Frequently asked questions about SWMF Properties Inc

How much does SWMF Properties Inc give each year?

SWMF Properties Inc gave $1.0M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $4.2M across 1 grant.

How large is SWMF Properties Inc?

SWMF Properties Inc reported $5.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.0M.

What is SWMF Properties Inc?

SWMF Properties Inc is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Dallas, TX. It holds $5.3M in total assets as of 2024.

Where does SWMF Properties Inc operate?

SWMF Properties Inc has awarded grants in Texas.

What is SWMF Properties Inc's EIN?

SWMF Properties Inc's EIN (Employer Identification Number) is 75-2838956. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from SWMF Properties Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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