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Nonprofiteer
← WILLIAM SWANSTON CHARITABLE FUND

Form 990 for tax year 2023

Filed by WILLIAM SWANSTON CHARITABLE FUND.

Totals

Total revenue
$42,909
Total expenses
$472,576
Contributions and grants received
$0
Grants paid
$378,800
Program service revenue
$0
Investment income
$42,909
Other revenue
$0
Total assets, end of year
$8,541,574
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$8,541,574
Program services expenses (Part IX)
$438,095
Management and general expenses
$34,481
Fundraising expenses
$0
Program service expenses (Part III)
$438,095

Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $166,335 · excluded $166,335

  • 7a · Gross sales of assets other than inventory

    securities $4,324,996

  • 7b · Less cost or other basis and sales expenses

    securities $4,448,422

  • 7c · Gain or loss

    securities -$123,426

  • 7d · Net gain or loss

    total -$123,426 · excluded -$123,426

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $378,800 · program services $378,800

  • 11f · Fees: investment management

    total $34,424 · management and general $34,424

  • 19 · Conferences, conventions and meetings

    total $57 · management and general $57

  • 21 · Payments to affiliates

    total $59,295 · program services $59,295

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $13,295 · end of year $54,757

  • 11 · Investments: publicly traded securities

    beginning of year $7,735,153 · end of year $8,486,817

  • 28 · Net assets with donor restrictions

    beginning of year $7,748,448 · end of year $8,541,574

Mission and programs · 2023

Mission

THE CORPORATION IS ORGANIZED AND OPERATED TO MAKE DISTRIBUTIONS WHICH CARRY OUT THE CHARITABLE PURPOSES OF THE COMMUNITY FOUNDATION OF THE MAHONING VALLEY, WHO ALSO PROVIDE SUPPORT AND ASSISTANCE TO ABUSED, NEGLECTED AND DEPENDENT CHILDREN OF MAHONING VALLEY, OHIO.

Activities or mission (Part I)

THE ORGANIZATION PROVIDES SUPPORT AND ASSISTANCE TO ABUSED, NEGLECTED AND DEPENDENT CHILDREN OF MAHONING COUNTY. THIS PROGRAM SERVICED APPROXIMATELY 100 PEOPLE FOR THE YEAR.

  • THE ORGANIZATION PROVIDES SUPPORT AND ASSISTANCE TO ABUSED, NEGLECTED AND DEPENDENT CHILDREN OF THE MAHONING VALLEY. DISTRIBUTIONS ARE APPROVED BY THE TRUSTEES. THE NUMBER OF PERSONS SERVED IS APPROXIMATELY 100 PEOPLE.

    Expenses $438,095 · Grants $378,800

As filed on the 2023 return.

Listed in Part VII

  • Loree Richardson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Matthew Ries

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kevin Yt Chiu

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Ernest Brown

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Erica Horner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Crissi Jenkins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202413189349301751

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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