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White Swan Foundation Inc

Pennywise Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462483183 ✦ Richmond, VT ✦ Designated as a 501(c)(3)

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Overview

What is White Swan Foundation Inc?

White Swan Foundation Inc, operating under the name Pennywise Foundation, is a compact nonprofit organization located in Richmond, Vermont. With a minimal workforce of just two individuals, the foundation provides grants to distinguished charitable organizations. These organizations specialize in various critical issues, such as voting rights, reproductive health, hygienic sanitation, clean water access, recreational equipment provisions, food security, climate change mitigation, and refugee assistance. By partnering with recognized U.S. nonprofits, the foundation extends its reach to underserved communities both domestically and internationally. Pennywise Foundation's mission is to support innovative, sustainable, and long-lasting solutions, aiming to improve communities and empower individuals through its grant-making and technical assistance initiatives.


Official website here: www.pennywise.org

Is White Swan Foundation Inc legitimate?

White Swan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Swan Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $29,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,200

For more financial information, click here


Official website here: www.pennywise.org

What is the mission statement of White Swan Foundation Inc?

The White Swan Foundation Inc, through its mission, supports innovative, regenerative, and enduring solutions that aim to uplift communities and empower individuals. This is accomplished by providing grants and offering technical assistance. The foundation's grantees, primarily recognized U.S. nonprofits, extend their services to underserved communities, focusing on areas such as voting rights, reproductive health, hygienic sanitation, clean water access, recreational equipment, food security, climate change, and refugee assistance, both in the United States and globally.


Official website here: www.pennywise.org

Who is the CEO of White Swan Foundation Inc?

Christina Schwerin is the President of White Swan Foundation Inc.


Official website here: www.pennywise.org

What is the revenue of White Swan Foundation Inc?

White Swan Foundation Inc's revenue in 2022 was $348,863.


Official website here: www.pennywise.org

Who are the executives of White Swan Foundation Inc and what are their salaries?

The average compensation at White Swan Foundation Inc during 2022 was $30,254. There are 2 employees and 5 volunteers at White Swan Foundation Inc.


Here are 6 key members and their salaries:


Andrew Subin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Schwerin (Treasurer (2023: President))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jb Sugar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Chaix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Subin (Executive Director)
  • Compensation: $23,617
  • Related: $0
  • Other: $5,690


Official website here: www.pennywise.org

Where can I find the form 990 for White Swan Foundation Inc?

White Swan Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pennywise.org

Learn more at the official website: www.pennywise.org

Mission Statement of White Swan Foundation Inc

The White Swan Foundation Inc, in its mission, aims to uplift communities and empower individuals by funding innovative, regenerative, and enduring solutions. This nonprofit organization achieves this goal by making grants and providing technical assistance to exceptional charitable organizations. These grantees operate in various domains, including voting rights, reproductive health, hygienic sanitation, clean water access, recreational equipment, food security, climate change, and refugee assistance. By supporting these causes, the White Swan Foundation Inc seeks to bring meaningful change to underserved communities, both within the United States and globally, through the efforts of recognized U.S. nonprofits.

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Impact




October, 2024

White Swan Foundation Inc's impact is manifested through its commitment to uplifting communities and empowering individuals via strategic grants and technical assistance. The foundation focuses on areas such as voting rights, reproductive health, hygienic sanitation, clean water access, food security, climate change, and refugee assistance. By funding exceptional charitable organizations, it fosters innovative and regenerative solutions that reach underserved populations both in the U.S. and globally. These efforts not only address immediate needs but also contribute to long-term community resilience and individual empowerment, ultimately enhancing the quality of life and promoting equity across diverse communities.




This information is meant to be a general summary of White Swan Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$348,863 (2022)
Expenses
$279,924 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,859
  • Gross Receipts: $454,067

Assets and Liabilities:

  • Total Assets: $253,388
  • Total Liabilities: $86,198
  • Net Assets: $167,190

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Organization Details

Founding Year

2013

Principal Officer

Christina Schwerin

Main Address

PO Box 1112, Richmond, VT, 05477

NTEE Category

Code: T30 - Philanthropy

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