Swartz Foundation Trust
- Assets
- $93.1m
- Revenue
- $3.9m
- Investments
- $74.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 22-6554026
Organization Overview
Swartz Foundation Trust is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Swartz Foundation Trust 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 12/2022, Swartz Foundation Trust generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $7.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Swartz Foundation Trust has awarded 549 individual grants totaling $61,860,113. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,968 |
| Dividends & Interest | $941,425 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,903,288 |
| Capital Gain Net Income | $2,903,288 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,510 |
| Total Revenue | $3,926,191 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $256,629 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $249,452 |
| Total operating and administrative expenses | $556,480 |
| Contributions, gifts, grants paid | $7,271,700 |
| Total expenses and disbursements | $7,828,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,069,142 |
| 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 | $74,047,406 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $93,116,548 |
| 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, Swartz Foundation Trust has awarded $7,271,700 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI-CORRUPTION FOUNDATION INC PURPOSE: CHARITABLE CONTRIBUTION | $100,000 |
BETHEL AME CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
BOSTON COMMUNITY PEDIATRICS ORG PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
CAMPUS CRUSADE FOR CHRIST PURPOSE: CHARITABLE CONTRIBUTION | $4,000 |
BOSTON PHILHARMONIC YOUTH ORCHESTRA PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
CHRISTIAN CENTER OF PARK CITY PURPOSE: CHARITABLE CONTRIBUTION | $111,700 |