The Mcswain Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 30 grants totaling $97K. Net investment income was $97K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-0.0% YoY
Annual Giving
$97K
-20.9% YoY
Grant Count
30
-9.1% YoY
Avg Grant Size
$3K
-13.0% YoY
Under IRS private-foundation payout rules, The Mcswain Trust reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mcswain Trust
Based on IRS filings
The Mcswain Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 30 grants totaling $97K. Net investment income was $97K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,153,376 | $2,154,185 | $2,223,661 |
| Revenue | $97,645 | $54,481 | $62,781 |
| Expenses | $98,454 | $123,957 | $122,857 |
| Qualifying Distributions | $96,500 | $122,000 | $121,000 |
| Net Investment Income | $96,843 | $53,646 | $62,023 |
| Distributable Amount | $116,488 | $111,864 | $118,189 |
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
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Robbins Village Theater ($15,000), Temple Theater ($10,000), The O'neal School ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BACKPACK BEGINNINGS GREENSBORO, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $2,000 |
| BLUE RIDGE PARKWAY FOUNDATION WINSTON SALEM, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $3,000 |
| BREAD OF LIFE MINISTRIES SANFORD, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $1,000 |
| BROAD RIVER GENEALOGICAL SOCIETY SHELBY, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $2,000 |
| CHILDREN'S HOME SOCIETY OF NC GREENSBORO, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $2,000 |
| COMPANION ANIMAL CLINIC FOUNDATION SOUTHERN PINES, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $3,000 |
| CUOC SANFORD, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $4,000 |
| FAMILY PROMISE SANFORD, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $1,000 |
| FOOD BANK OF CENTRAL AND EASTERN NORTH CAROLINA RALEIGH, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $4,000 |
| FOOTHILLS OUTDOORS ROBBINS, NC | FUND RECIPIENT'S EXEMPT PURPOSE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEAN MCSWAIN | TRUSTEE | 1 | — |
| STEVEN MCSWAIN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mcswain Trust?
The Mcswain Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. It holds $2.2M in total assets as of 2024.
How large is The Mcswain Trust?
As of 2024, The Mcswain Trust holds $2.2M in total assets with $98K in annual revenue. It awarded 30 grants totaling $97K in 2024.
Where does The Mcswain Trust operate?
The Mcswain Trust has awarded grants in Kentucky, North Carolina, South Carolina.
What size grants does The Mcswain Trust award?
In 2024, The Mcswain Trust awarded 30 grants totaling $97K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Mcswain Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcswain Trust reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mcswain Trust's EIN?
The Mcswain Trust's EIN (Employer Identification Number) is 82-1141275. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mcswain Trust'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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