Page 6 - Impact Report August 2022_Neat

2021
Swifty By The Numbers

Statement of Financial Position Statement of Activities
December 31, 2021 For year ended December 31, 2021

ASSETS REVENUES & OTHER SUPPORT
Cash & Equivalents $ 824,206 Contributions $ 500,814
Investments $ 1,324,764 Investment Income, Net $ 281,137
TOTAL ASSETS $ 2,148,970 TOTAL PUBLIC SUPPORT & REVENUE $ 781,951

LIABILITIES & NET ASSETS EXPENSES
Liabilities Program:
Grants Due $ 1,236,165 Grants $ 1,102,414
Accrued Expenses $ 21 Advocacy $ 27,577
TOTAL LIABILITIES $ 1,236,186 Salaries & Professional Fees $ 187,617*
Communication & Website $ 10,013
Net Assets Equipment & Misc. $ 1,925
Unrestricted $ 732,381 Administrative:
Board Restricted (admin expenses) $ 180,403 Salaries & Professional Fees $ 35,070*
Total Net Assets $ 912,784 Fundraising $ 5,786*
TOTAL LIABILITIES & NET ASSETS $ 2,148,970 Other Admin. $ 3,943*
TOTAL EXPENSES $ 1,374,345
To receive a copy of Swifty Foundation’s 2021 independent
audit report conducted by Desmond & Ahern Ltd., please Change in net assets ($ 592,394)
contact info@swiftyfoundation.org
Net assets, beginning of year $ 1,505,178
$1,102,414 Net assets, end of year $ 912,784
Total 2021 Grant Making
* The founders of the Foundation make periodic contributions
$404,414 Children’s Hospital Foundation, tissue navigator and
to be restricted for paying all administrative expenses,
including salaries (even program related) and fundraising.
autopsy costs Children’s National, Washington DC
As part of the Foundation’s annual review of designated
$300,000 Lucille Packard Foundation for Children’s Health, tissue navigator
assets, the Board has restricted $180,403 as of December 31,
at the Monje Lab, Stanford Healthcare
2021. Administrative expenses of $232,416 were paid
and released during the year ended 2021.
$250,000 CHOP Foundation, Children’s Brain Tumor
Network infrastructure and capacity building
SUMMARY OF SWIFTY 2021 GRANT MAKING
$100,000
Alex’s Lemonade Stand Foundation,
medulloblastoma research
$48,000
$1,102,414 Orlando Health Foundation, autopsy support
Total 2021 Grant Making
at Arnold Palmer Children’s Hospital
$404,414 Children’s Hospital Foundation, tissue navigator and $1,102,414
autopsy costs Children’s National, Washington DC
$300,000 Lucille Packard Foundation for Children’s Health, tissue navigator Total 2021 Grant Making
at the Monje Lab, Stanford Healthcare
$250,000 CHOP Foundation, Children’s Brain Tumor

Network infrastructure and capacity building
$100,000 Alex’s Lemonade Stand Foundation,
medulloblastoma research
$48,000 Orlando Health Foundation, autopsy support
$1,102,414
at Arnold Palmer Children’s Hospital
6

Total 2021 Grant Making