The cemetery was first organized under the Swan Point Cemetery Company, with a board of trustees. In 1858, a new charter was developed to make the cemetery administration non-profit, and it was taken over by a group known as the Proprietors of Swan Point Cemetery. In 1886, landscape architect H. W. S. Cleveland was hired to redesign the area. It is a cemetery park with its design inspired by the landscape of the first rural garden cemetery in the United States, Mount Auburn Cemetery in Cambridge, Massachusetts.
Among the first to make use of a tract of land within the cemetery was the First Congregational Society (now First Unitarian Society). They moved several interments from older plots in Providence to Swan Point. Over the years additional land acquisition has expanded the cemetery to 200 acres (0.81 km2), and is still open to new interments today.
The Swan Point Cemetery is widely considered to be the most prominent cemetery in Rhode Island due to the number of well known citizens of the state buried there. There are more governors, senators and congressmen buried there than any other cemetery in Rhode Island.
Malcolm Greene Chace (1875–1955), industrialist, hockey innovator, and amateur tennis player
Malcolm Greene Chace Jr., (1904–1996) chairman of Berkshire Hathaway during the 1960s
Malcolm Greene Chace III (1934–2011), board of directors of Berkshire Hathaway 1992–2007
George Coby (1883 - 1967), Georgian/American industrialist, chemist and philanthropist. Inventor of first electrical Christmas tree lights, waterproof concrete and construction grade glass bricks.
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