The Cygnet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 10 grants totaling $133K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-5.3% YoY
Annual Giving
$133K
+15.7% YoY
Grant Count
10
-16.7% YoY
Avg Grant Size
$13K
+38.8% YoY
Under IRS private-foundation payout rules, The Cygnet Foundation reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cygnet Foundation
Based on IRS filings
The Cygnet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 10 grants totaling $133K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,329,469 | $1,404,285 | $1,380,375 |
| Revenue | $81,103 | $159,397 | $229,964 |
| Expenses | $154,032 | $135,562 | $246,925 |
| Qualifying Distributions | $135,975 | $117,945 | $228,950 |
| Net Investment Income | $32,720 | $129,502 | $199,208 |
| Distributable Amount | $129,999 | $101,018 | $108,077 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Activesgv ($52,000), Arroyos Foothills Conservancy ($41,000), University of California Davis ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SUSTAINABLE CONSERVATION SAN FRANCISCO, CA | EDUCATION | $2,000 |
| THE STORY OF STUFF PROJECT BERKELEY, CA | EDUCATION | $1,000 |
| ARROYOS FOOTHILLS CONSERVANCY PASADENA, CA | CONSERVATION | $41,000 |
| LA COMPOST LOS ANGELES, CA | GENERAL SUPPORT | $2,000 |
| UNIVERSITY OF CALIFORNIA DAVIS DAVIS, CA | EDUCATION | $30,000 |
| ALGALITA MARINE RESEARCH AND EDUCAT LONG BEACH, CA | GENERAL SUPPORT | $1,000 |
| NORTH EAST TREES LOS ANGELES, CA | GENERAL SUPPORT | $2,000 |
| CALIFORNIA TROUT SAN FRANCISCO, CA | GENERAL SUPPORT | $1,000 |
| ACTIVESGV EL MONTE, CA | GENERAL SUPPORT | $52,000 |
| ARROYO SECO FOUNDATION PASADENA, CA | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP A SWAN | Treasurer | — | — |
| ERIC K STEEN | Director | — | — |
| KAREN A STEEN | President | 1 | — |
| SARA E SWAN | Vice President | 1 | — |
| BRIDGET K WEXMAN | Director | — | — |
| EMILY L STEEN | Director | 1 | — |
| AUDREY M STEEN | Director | — | — |
| MADELINE L STEEN | Director | — | — |
| PETER B YOULD | DIRECTOR | — | — |
| ROY F WEXMAN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cygnet Foundation?
The Cygnet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. It holds $1.3M in total assets as of 2024.
How large is The Cygnet Foundation?
As of 2024, The Cygnet Foundation holds $1.3M in total assets with $81K in annual revenue. It awarded 10 grants totaling $133K in 2024.
Where does The Cygnet Foundation operate?
The Cygnet Foundation has awarded grants in California.
What size grants does The Cygnet Foundation award?
In 2024, The Cygnet Foundation awarded 10 grants totaling $133K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Cygnet Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cygnet Foundation reported a distributable amount of $130K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cygnet Foundation's EIN?
The Cygnet Foundation's EIN (Employer Identification Number) is 91-2172710. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cygnet Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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