2025-10-08T08:22:27-07:00 2024-12-31 202211814 Dean A Lorentzson CPA PC 3523 Pelham Rd Ste A-1 Greenville SC 29615 990 2024-01-01 980108427 BANK OF SWEDEN TERCENTENARY FOUNDATION MASON R CARGILL BANK 4045213939 1420 PEACHTREE STREET NE 800 ATLANTA GA 30309 MARIKA HEDIN CEO 2025-10-08 true true DEAN A LORENTZSON CPA P00536210 8642368022 2024 2025-03-06 01:10:19Z 1420 PEACHTREE STREET NE 800 ATLANTA GA 303093053 164660562 false X WWW.RJ.SE 1992 SW 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. 12 1 0 0 0 0 33393550 40874132 43333241 120464885 76726791 161339017 0 0 2132101 2205823 0 0 13480722 8473758 15612823 10679581 61113968 150659436 1316346123 1436337928 172343235 176762380 1144002888 1259575548 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. false false 8543665 THE BANK OF SWEDEN TERCENTENARY FOUNDATION IS AN INDEPENDENT GRANT MAKING FOUNDATION BASED IN STOCKHOLM, SWEDEN. GRANTS ARE MADE TO SUPPORT AND PROMOTE SCIENTIFIC RESEARCH CONNECTED WITH SWEDEN.No Grants to U.S. Sources have been made by the foundation. No salaries are paid in the U.S. All funds are expended to further and promote scientific research linked to Sweden. There was no reportable 2024 activity at all in the U.S other than investments is U.S. stocks.Additional information available upon request. See SUPPLEMENTAL INFORMATION STMT attached for discussion of how grants are awarded and other details.2024 exchange rate: 1 Krona = 0.0945447 U.S. Dollars 8543665 false false false false false false false false false false false false true true false true false false true true false true false false false false false false true false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false X 12 1 false false false false false false true true true false false true false true true true true false X MASON R CARGILL 4045213939 1420 PEACHTREE STREET NE ATLANTA GA 30309 MARIKA HEDIN CEO 40.00 0.00 X 188400 0 0 ANDERS MALMBERG CHAIR 7.00 0.00 X 24505 0 0 TOMAS ELIASSON CFO 2.00 0.00 X 13548 0 0 JOHAN BYGGE Director 2.00 0.00 X 9644 0 0 DENNIS DIOUKAREV VICE CHAIR 1.00 0.00 X 6853 0 0 HANS EKSTROM Director 1.00 0.00 X 4283 0 0 MARIE-LOUISE HANEL SANDSTROM Director 1.00 0.00 X 4283 0 0 MARIA STOCKHAUS Director 1.00 0.00 X 4283 0 0 ASA WESTLUND Director 1.00 0.00 X 4283 0 0 CHRISTER NORDLUND Director 1.00 0.00 X 1896 0 0 STEFAN SVALLFORS Director 1.00 0.00 X 1896 0 0 ELIZABETH NIVRE WAGHALL Director 1.00 0.00 X 1896 0 0 PATRICK RESLOW Director 1.00 0.00 X 714 0 0 266484 1 false true false NO ACTIVITY IN THE US 0 0 0 40874132 40874132 0 0 4466764 3321545 1145219 1145219 1145219 0 0 0 0 FINANCIAL WRITE UP/DOWNS 900099 100426420 100426420 OTHER REVENUE 900099 18893246 18893246 119319666 161339017 161339017 0 0 0 0 266484 213187 53297 0 1939339 1551471 387868 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2097096 1677677 419419 0 0 0 EXTERNAL EXPENSES 4433296 3546637 886659 OTHER PERSONNEL EXPENSES 1367022 1093618 273404 TAX ON PROFIT 512243 409794 102449 FOREIGN EXCHANGE LOSS 64101 51281 12820 0 10679581 8543665 2135916 0 14066324 12837563 79480111 14038848 0 0 0 0 530858 1106835 0 0 0 1078571387 1122343065 0 0 0 143697443 286011617 1316346123 1436337928 259493 389051 160942978 164069469 11140764 12303860 172343235 176762380 X 918334712 1031293115 225668176 228282433 1144002888 1259575548 1316346123 1436337928 X 150659436 -35086776 X false true X true false DEFERRED EXPENSE/ACCRUED INCOME 4108062 EQUIPMENT/CONSTRUCTION IN PROGRESS 157701 LOANS & UNLISTED PROPERTY FUND 239858486 286011617 ACCRUED EXPENSES & DEFERRED INCOME 920298 ACCRUED PENSION 2108347 OTHER CURRENT LIABILITIES 9275213 Rounding 2 12303860 161339017 161339017 161339017 10679581 10679581 10679581 true NO OPERATIONS IN U.S.-ALL OPERATION/GRANTS IN SWEDEN 0 0 0 NO OPERATIONS IN U.S. - ALL ACTIVITY IN SWEDEN false false false false false false X false false false false false false false false false MARIKA HEDIN CEO 188400 188400 Part II, Compensation from Unrelated Organizations NOTE: NO U.S. WAGES PAID - THE SALARIES REPORTED REPRESENT SWEDISH KRONA PAID IN SWEDEN TO DIRECTORS THAT HAS BEEN CONVERTED TO U.S. DOLLARS FOR REPORTING PURPOSES ONLY. Form 990, Part VI, Section A, Line 7b BOARD OF DIRECTORS REVIEW ALL DECISIONS MADE Form 990, Part VI, Section B, Line 11b RETURN REVIEWED BY BOARD MEMBERS PRIOR TO FILING Form 990, Part VI, Section B, Line 15a ALL SALARIES REVIEWED BY BOARD DIRECTORS Form 990, Part VI, Section C, Line 19 AVAILABLE UPON REQUEST Form 990, Part XI, Line 9 NET UNREALIZED GAIN(LOSS) AND EXCH. RATE CONVERSION CHANGES = -$35086776 Statement Note 1 SUPPLEMENTAL INFORMATION STMT #1: The Foundation's Board of Directors rule on grants. Before they reach the Board, the applications for grants are vetted and evaluated by one or, frequently, more preparatory committees. Board members and deputy members plus external scientific experts serve on these committees. As a rule, applications are also evaluated by one or more experts in Sweden or abroad.Each application is primarily evaluated on the basis of international standards and on intra- and extra-scientific criteria. Two main questions are asked before a ruling is made:1. Does is represent high-level scientific research?2. Is this research important to society?Ruling on grants for new projects are made in two stages.In the first stage, assessments are based on project outlines. The committees then select the project outlines deemed to display the greatest scientific merit and interest to the Foundation and which are to be conducted by scientists judged to be qualified and suitable for the project in question. These scientists are then given an opportunity to submit complete applications. Other project outlines are rejected.In the second stage, complete applications are evaluated (usually after vetting by an external expert) prior to a final ruling by the Board.Applications on research whose ethics are open to question are evaluated according to the same standards and in the same way as in state research councils.In certain fields, regarded as important but inadequately financed, the Foundation sometimes appoints special sector committees. The task of these committees is to ascertain research need, encourage scientific research, and promote the exchange of information. Statement Note 2 SUPPLEMENTAL INFORMATION STMT #2:This Form 990 has been prepared to report the world-wide operations of Bank of Sweden Tercentenary Foundation. Bank of Sweden Tercentenary Foundation has not been separately incorporated in the U.S. The Foundation's only direct contact with the United States is through investments in u.s. stocks. The following is a summary of 2024 U.S. investments activity. Summary Statment of U.S. Activity in U.S. Dollars: 2024 ----Realized gain (loss) from the sale of U.S. stocks/ADR shares $ 26,620.055U.S. Stock & ADR/GDR SHARE Dividends in U.S. Dollars $ 4,798,744 Further breakdown of U.S. investments and activities is available upon request. Statement Note 3 SUPPLEMENTAL INFORMATION STMT #3:PART VIII, LINE 6(a)-6(d):There is no U.S. owned real estate for 2024. However, any U.S. owned real estate, if any shown, is nondebt financed property, though some realty holdings in other countries are subject to mortgages.