Bank of Sweden Tercentenary Foundation
501(c)(4)
80% goes to programs Strong reserves
Bank of Sweden Tercentenary Foundation is a 501(c)(4) organization based in Atlanta, Georgia, registered in 1992, with $161,339,017 in FY2024 revenue. CharityIndex grades it B+, and it directs about 80% of spending to programs.
1420 Peachtree St Ne Ste 800, Atlanta, GA, 30309 EIN 98-0108427 Since 1992
Revenue (FY2024)
$161.3M
▲ 110.3% vs prior year
Expenses (FY2024)
$10.7M
Net assets
$1.3B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating80% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bank of Sweden Tercentenary Foundation: 80% to programs earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating1415 mo reserves · +93% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bank of Sweden Tercentenary Foundation: 1415 mo reserves · +93% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bank of Sweden Tercentenary Foundation: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bank of Sweden Tercentenary Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Bank of sweden ter. fdn. is an independent grant making fdn based in stockholm, sweden. grants are made to promote scientific research in sweden. there is no 2023 operating activity in u.s.other than investment in u.s. stocks and the fdn is not incorporated in u.s. but has an exempt certificate. see sch. o & suppl. stmts.
Contact & location
Financial trends
Revenue grew from $149.9M (FY2020) to $161.3M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $176.8MNet assets $1.3B
Operating margin
93.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$176.8M
Net assets
$1.3B
Salaries & benefits
$2.2M
21% of expenses
Board members
12
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $161,339,017▲110% | $10,679,581▼31.6% | $1,259,575,548▲10.1% | $1,436,337,928▲9.1% | 990 |
| 2023 | $76,726,791▼46.8% | $15,612,823▲85.8% | $1,144,002,888▼16.5% | $1,316,346,123▼16.5% | 990 |
| 2021 | $144,244,925▼3.8% | $8,405,114▼1.8% | $1,370,306,221▲14.5% | $1,577,216,718▲14.6% | 990 |
| 2020 | $149,916,810 | $8,558,451 | $1,197,013,480 | $1,376,147,727 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Marika Hedin — $188,400 (1.76% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marika Hedin | Ceo | 40 | $188,400 |
| Anders Malmberg | Chair | 7 | $24,505 |
| Tomas Eliasson | Cfo | 2 | $13,548 |
| Johan Bygge | Director | 2 | $9,644 |
| Dennis Dioukarev | Vice Chair | 1 | $6,853 |
| Asa Westlund | Director | 1 | $4,283 |
| Hans Ekstrom | Director | 1 | $4,283 |
| Maria Stockhaus | Director | 1 | $4,283 |
| Marie-louise Hanel Sandstrom | Director | 1 | $4,283 |
| Christer Nordlund | Director | 1 | $1,896 |
| Elizabeth Nivre Waghall | Director | 1 | $1,896 |
| Stefan Svallfors | Director | 1 | $1,896 |
| Patrick Reslow | Director | 1 | $714 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| No Activity In the Us | — | — |
Frequently asked questions
- Is Bank of Sweden Tercentenary Foundation a legitimate nonprofit?
- Yes. Bank of Sweden Tercentenary Foundation is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 98-0108427, based in Atlanta, Georgia.
- What is Bank of Sweden Tercentenary Foundation's EIN?
- Bank of Sweden Tercentenary Foundation's Employer Identification Number (EIN) is 98-0108427.
- How much revenue does Bank of Sweden Tercentenary Foundation report?
- Bank of Sweden Tercentenary Foundation reported $161,339,017 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Bank of Sweden Tercentenary Foundation's spending goes to programs?
- Bank of Sweden Tercentenary Foundation spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bank of Sweden Tercentenary Foundation have?
- CharityIndex grades Bank of Sweden Tercentenary Foundation B+, based on program efficiency and fundraising cost.
- How much does Bank of Sweden Tercentenary Foundation's highest-paid employee make?
- The highest reported compensation on Bank of Sweden Tercentenary Foundation's latest Form 990 is $188,400, paid to Marika Hedin (Ceo).
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Data for Bank of Sweden Tercentenary Foundation (EIN 98-0108427) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.