Schwartz Fam Foundation Tr
- Assets
- $11.1m
- Revenue
- $1.1m
- Investments
- $10.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 13-7138217
Organization Overview
Schwartz Fam Foundation Tr is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schwartz Fam Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Schwartz Fam Foundation Tr generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Schwartz Fam Foundation Tr has awarded 569 individual grants totaling $18,588,815. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED WITH ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTION OTHER ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan D Schwartz Trustee | 5 | $0 | |
Nancy M Seaman Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $707,191 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $366,029 |
| Capital Gain Net Income | $366,029 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,073,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,434 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $811,955 |
| Total operating and administrative expenses | $883,605 |
| Contributions, gifts, grants paid | $3,143,000 |
| Total expenses and disbursements | $4,026,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,767 |
| Savings and temporary cash investments | $157,514 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $250,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,140,274 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Schwartz Fam Foundation Tr has awarded $3,143,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHANCE PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $2,500 |
ASSOCIATION TO BENEFIT CHILDREN PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $2,500 |
AMERICAN JEWISH COMMITTEE PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $20,000 |
AIDA INTERAMERICAN ASSOCIATION FOR ENVIRONMENTAL DEFENSE PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $25,000 |
ACK NOW PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $1,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $2,500 |