The Sweetwood Family Foundation Inc

FAIRFIELD, NJ EIN: 84-2579341

The Sweetwood Family Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in FAIRFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $87K in total assets. In 2024, it awarded 8 grants totaling $4K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$87K

+3.7% YoY

Annual Giving

$4K

-37.2% YoY

Grant Count

8

+166.7% YoY

Avg Grant Size

$510.25

-76.4% YoY

Under IRS private-foundation payout rules, The Sweetwood Family Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About The Sweetwood Family Foundation Inc

Based on IRS filings

The Sweetwood Family Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in FAIRFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $87K in total assets. In 2024, it awarded 8 grants totaling $4K. Net investment income was $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

CaldwellDoverFairfieldMemphisMillingtonMontvilleNew YorkNorth CaldwellOceansideParamusPhiladelphiaWallkillWest Caldwell

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$38K20202021202220232024
Metric202420232022
Total Assets$87,012$83,897$71,111
Revenue$9,393$21,004$6,333
Expenses$6,101$8,260$6,962
Qualifying Distributions$4,980$7,342$5,670
Net Investment Income$6,401$16,080$3,561
Distributable Amount$4,352$3,607$4,179

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$3K$5K$7K2 grants20204 grants20215 grants20223 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

LUNG CANCER RESEARCH FOU…$1KFRIENDS OF SHAWANGUNK GR…$815FAIRFIELD POLICE$500THE MILESTONE HOUSE$500ST JUDE$500N CALDWELL POLICE FOUNDA…$500N CALDWELL FIRE DEPARTMENT$100WEST ESSEX FIRST AID SQUAD$100

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lung Cancer Research Foundation ($1,067), Friends of Shawangunk Grasslands Nwr ($815), Fairfield Police ($500).

RecipientPurposeAmount
FAIRFIELD POLICE FAIRFIELD, NJGENERAL PURPOSE OF CHARITY$500
THE MILESTONE HOUSE DOVER, NJGENERAL PURPOSE OF CHARITY$500
ST JUDE MEMPHIS, TNGENERAL PURPOSE OF CHARITY$500
LUNG CANCER RESEARCH FOUNDATION PHILADELPHIA, PAGENERAL PURPOSE OF CHARITY$1,067
N CALDWELL POLICE FOUNDATION CALDWELL, NJGENERAL PURPOSE OF CHARITY$500
N CALDWELL FIRE DEPARTMENT CALDWELL, NJGENERAL PURPOSE OF CHARITY$100
WEST ESSEX FIRST AID SQUAD WEST CALDWELL, NJGENERAL PURPOSE OF CHARITY$100
FRIENDS OF SHAWANGUNK GRASSLANDS NWR WALLKILL, NYGENERAL PURPOSE OF CHARITY$815

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALEXANDER SWEETWOODPRESIDENT1
SCOTT FARESTADVICE PRESIDENT1
JONATHAN SWEETWOODCEO1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Sweetwood Family Foundation Inc?

The Sweetwood Family Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in FAIRFIELD, NJ. It holds $87K in total assets as of 2024.

How large is The Sweetwood Family Foundation Inc?

As of 2024, The Sweetwood Family Foundation Inc holds $87K in total assets with $9K in annual revenue. It awarded 8 grants totaling $4K in 2024.

Where does The Sweetwood Family Foundation Inc operate?

The Sweetwood Family Foundation Inc has awarded grants in California, New Jersey, New York, Pennsylvania, Tennessee.

What size grants does The Sweetwood Family Foundation Inc award?

In 2024, The Sweetwood Family Foundation Inc awarded 8 grants totaling $4K — an average of about $510.25 per grant, based on its IRS Form 990 filings.

How much is The Sweetwood Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sweetwood Family Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Sweetwood Family Foundation Inc's EIN?

The Sweetwood Family Foundation Inc's EIN (Employer Identification Number) is 84-2579341. 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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