Swope Memorial Loan Fund

Private foundation · Grantmaker Milwaukee, WI EIN: 43-6019071

Swope Memorial Loan Fund is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $448K in total assets. In 2025, it awarded 6 grants totaling $41K. Net investment income was $46K.

Key facts about Swope Memorial Loan Fund

In short: Swope Memorial Loan Fund gave $41K across 6 grants in 2025 (avg $7K), top state Missouri. Source: 2025 IRS Form 990-PF.

EIN
43-6019071
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$40,500
Grants made (2025)
6
Average grant
$6,750
Median grant
$7,000
Total assets
$448,103
Primary geography
Missouri (32% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$448K

+0.7% YoY

Annual Giving

$41K

+237.5% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$7K

+125.0% YoY

Under IRS private-foundation payout rules, Swope Memorial Loan Fund reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

How Swope Memorial Loan Fund gives

  • Giving grew 170% from 2022 to 2025. Method
  • In 2025 it paid out 152% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

St. LouisRollaColumbiaSpringfieldEast LansingFayettvilleJacksonMuncieNashvilleAlpenaAppletonBostonBridgetonCantonCape GirardeauChestnut HillEdwardsvilleFayetteHannibalMaryville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K12 grants2019 12 grants2020 6 grants2021 5 grants2022 3 grants2023 4 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $12K (2024) to $41K (2025). In 2025 it made 6 grants totaling $41K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Saint Louis University: $10KSaint Louis University$10KRollins College: $10KRollins College$10KMichigan State University: $7KMichigan State University$7KLawrence University: $7KLawrence University$7KBoston College: $4KBoston College$4KMissouri University of Science: $3KMissouri University of Science$3K

The largest 2025 recipient was Saint Louis University ($10K). Together the top 6 received $41K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Saint Louis University St. Louis, MOScholarship$10,000
Rollins College Winter Park, FLScholarship$10,000
Michigan State University Alpena, MIScholarship$7,000
Lawrence University Appleton, WIScholarship$7,000
Boston College Chestnut Hill, MAScholarship$3,500
Missouri University of Science Rolla, MOScholarship$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$448,103$444,869$443,561
Revenue$45,852$15,219$11,539
Expenses$42,616$13,911$29,496
Qualifying Distributions$42,016$13,515$28,512
Net Investment Income$45,529$15,890$11,667
Distributable Amount$27,713$25,755$23,828

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS January 28, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 2, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 9, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Swope Memorial Loan Fund's only listed officer is US Bank N A, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    New on the 2025 filing

    1 hr/week

    $161 (2025)

Former officers (1)
  • Former: US Bank (2019–2024) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

US Bank N a — Trustee: $161US Bank N aTrustee$161

The highest reported compensation on the 2025 filing was $161, to US Bank N a (Trustee).

Frequently asked questions about Swope Memorial Loan Fund

How much does Swope Memorial Loan Fund give each year?

Swope Memorial Loan Fund gave $41K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 4 grants.

What is Swope Memorial Loan Fund's typical grant size?

Swope Memorial Loan Fund's median grant in 2025 was $7,000, and its average grant was $6,750, across 6 grants on its 2025 IRS Form 990-PF.

Where does Swope Memorial Loan Fund give grants?

Swope Memorial Loan Fund's top state is Missouri, with 32% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (25%) and Michigan (17%).

Does Swope Memorial Loan Fund give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Swope Memorial Loan Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (6 grants).

Who are Swope Memorial Loan Fund's largest grantees?

Swope Memorial Loan Fund's largest 2025 grantees include Saint Louis University ($10,000), Rollins College ($10,000) and Michigan State University ($7,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.

How large is Swope Memorial Loan Fund?

Swope Memorial Loan Fund reported $448K in total assets on its 2025 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).

What is Swope Memorial Loan Fund's EIN?

Swope Memorial Loan Fund's EIN (Employer Identification Number) is 43-6019071. IRS Form 990 filing data is available on this page for 2019–2025.

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

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