Schwartz Foundation
- Assets
- $18.7m
- Revenue
- $939.4k
- Investments
- $18.6m
- Employees
- 0
- Location
- Mt Laurel, NJ
- Founding
- 05/1985
- Data as of
- 08/2022
- EIN
- 23-2267403
Organization Overview
Schwartz Foundation is located in Mt Laurel, NJ. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Schwartz Foundation 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 08/2022, Schwartz Foundation generated $939.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $1.5m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schwartz Foundation has awarded 220 individual grants totaling $10,551,402. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Schwartz Chairman | 0 | $0 | |
Edward Glickman Director | 0 | $0 | |
Lois Schwartz Director | 0 | $0 | |
Michael Schwartz Director | 0 | $0 | |
Judith Creed Director | 0 | $0 | |
Josh Desipio Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $14,749 |
| Dividends & Interest | $516,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $307,700 |
| Capital Gain Net Income | $307,700 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8 |
| Total Revenue | $939,436 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $97,712 |
| Total operating and administrative expenses | $117,420 |
| Contributions, gifts, grants paid | $1,389,097 |
| Total expenses and disbursements | $1,506,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $50,113 |
| 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 | $15 |
| Investments—other | $15,636,366 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,666,036 |
| 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 Foundation has awarded $1,389,097 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AADD PURPOSE: CHARITABLE | $7,500 |
ABRAMSON SENIOR CARE PURPOSE: CHARITABLE | $1,800 |
AMERICAN FRIENDS OF THE JAFFA INSTITUTE PURPOSE: CHARITABLE | $300,000 |
CMSRU PURPOSE: CHARITABLE | $20,000 |
CONGRETION RODEPH SHALOM PURPOSE: CHARITABLE | $4,000 |
DANNY'S FARM PURPOSE: CHARITABLE | $5,000 |