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Texas · Nonprofit

SWANITI INITIATIVE

SWANITI INITIATIVE (Texas) receives grants from 20 organizations whose IRS filings report $8,626,901 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($3,000,000). 11 of them have funded it in more than one year.

Revenue FY2025
$53M
Funders on record
20
Grants received
$8.6M
Net assets
$54M
11/20 repeat funderspeak grant-dependency 79%
01What it does

What Swaniti Initiative does

Mission

Our mission is to help build strong and supportive ecosystems that can stand up to the realities of a changing climate. Today, countries are expected to transition quickly to cleaner energy, strengthen social protection and improve systems that serve millions of people. We see our role as helping make that journey easier, faster and more inclusive. We work with governments to strengthen the systems they rely on every day, help connect the right partners, and make sure good ideas can grow into lasting solutions. We bring together insights from communities, innovations from the private sector and the passion of civil society to make public programs more effective and more accessible. At the center of our mission is a commitment to people. We want climate action to be meaningful and grounded. We want institutions to be prepared for the challenges ahead. And we want development pathways that give everyone a fair chance to participate in a greener and more sustainable economy. Everything we

As stated on its FY2025 Form 990.

Programs

  1. The organization received a grant to establish a sustainable and scalable model of carbon dioxide removal through enhanced rock weathering technique along with co-benefits to marginal farmers in the global south. Project mati was conceived as a pilot project in the year 2022 to address the challenges faced by marginal farmers in the context of climate change. Enhanced rock weathering (erw) holds great potential as a tool for carbon removal and empowering paddy farmers in india. Erw process offers a promising solution of crushed rocks, such as basalt, on agricultural fields. As these rocks weather over time, they naturally absorb carbon dioxide from the atmosphere and lock it away in the form of stable carbonates. The weathering of rocks releases essential minerals and nutrients into the soil, replenishing nutrient levels and improving soil health. This leads to increased nutrient availability for crops, resulting in higher yields and improved productivity for paddy farmers. Mati carbon's mission is to scale carbon dioxide removal in rice fields by enhanced weathering. The mati process leverages naturally occurring silicate rocks weathering phenomenon by accelerating the process…

    $920,007 spent
    27% of program spending
  2. Provided technical assistance to state owned enterprises, like coal india, to map out the pathway for energy transition and inclusive growth. Teams were placed at a state owned enterprise level as well as a state program in order to map strategically work on ensuring that an inclusive transition process is mapped out.

    $327,033 spent
    10% of program spending
  3. Supported the up state government on decarbonization of industry. Specifically, our intention was to map out where the bottlenecks exist in government programs around decarbonization and to support the government in removing those bottlenecks. Over the course of 24 months, the swanitit team worked with the up government to mindfully remove these key bottlenecks. Work on ensuring that an inclusive transition process is mapped out." can you expand on this program describing

    $227,900 spent
    7% of program spending
  4. Swaniti Initiative is a social enterprise supporting government administration and elected representatives to ensure last-mile public service delivery and policy reforms. The organization receives grants from other organizations to complete projects on energy transition, green recovery, sustainable planning and green livelihood. The organization also works with state governments and local bodies for reengineering scheme implementation strategies to ensure the expansion of social security coverage to unskilled migrant workers and vulnerable groups and to enhance the efficiency of development planning processes.

    $1,885,203 spent
    56% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,360,143.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($319k) Expenses 100 ($130k) Net assets 100 ($198k)2021 Revenue 185 ($590k) Expenses 416 ($541k) Net assets 124 ($247k)2022 Revenue 765 ($2.4M) Expenses 805 ($1.0M) Net assets 828 ($1.6M)2023 Revenue 1449 ($4.6M) Expenses 1408 ($1.8M) Net assets 2236 ($4.4M)2024 Revenue 1499 ($4.8M) Expenses 2398 ($3.1M) Net assets 2207 ($4.4M)2025 Revenue 16481 ($53M) Expenses 2657 ($3.5M) Net assets 27014 ($54M)
202020212022202320242025
Revenue (16481)Expenses (2657)Net assets (27014)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $4.5M to $58M (+1187%).

$292k
$322k
$1.7M
$4.6M
$4.5M
$58M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of SWANITI INITIATIVE’s revenue is contributions — more reliant on donations than three-quarters of its peers (30% for the typical peer).

This organization
Typical peer · 286 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$189k
’20
$49k
’21
$1.4M
’22
$2.8M
’23
$1.7M
’24
$49M
’25
5.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rwitwika Bhattacharya

Chief executive officer/director

As listed on its FY2025 Form 990.

202020212022202320242025
Listed333678
Joined·+0+0+3+1+1
No longer listed·00000
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $150k → $3.1M.

5 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SWANITI INITIATIVE’s funders (the co-funder graph). Top 19 of 20 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SWANITI INITIATIVE has a broad base — no single funder exceeds 35% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

30% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SWANITI INITIATIVE.

35%
largest funder
60%
top three
~6
effective funders

Largest funder’s share by year: 2019 100% · 2020 89% · 2021 43% · 2022 64% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of SWANITI INITIATIVE's funders are still giving 2 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SWANITI INITIATIVE draws 100% of its grant income from funders outside Texas, across 5 states in all.

IL
NY
MA
CA
DC

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SWANITI INITIATIVE has grown faster than three-quarters of the 132 public benefit nonprofits its size.

Operating margin93% · outside the comparable range
Months of reserve5.6mo · above the median
Revenue growth (annualized)178% · top quartile

this organization peer median middle 50% of peers· 132 public benefit nonprofits $10M–$100M, FY2025

Government funding SWANITI INITIATIVE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $45k on record.

Federal$45k
grants $45kcontracts $0
Top agencies
  • Department of State$45k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SWANITI INITIATIVE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

6
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for SWANITI INITIATIVE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SWANITI INITIATIVE?
SWANITI INITIATIVE (Texas) receives grants from 20 organizations whose IRS filings report $8,626,901 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($3,000,000). 11 of them have funded it in more than one year.
How many funders does SWANITI INITIATIVE have?
IRS filings report 20 organizations giving $8,626,901 in grants to SWANITI INITIATIVE, 11 of which have funded it in more than one year.
Who is the largest funder of SWANITI INITIATIVE?
THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION is the largest funder on record, with $3,000,000 in grants. The full list of funders is on this page.
How can an organization like SWANITI INITIATIVE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Swaniti Initiative →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing