Harry M And Gertrude Y Schwartz Foundation
- Assets
- $2.4m
- Revenue
- $90.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1998
- Data as of
- 05/2023
- EIN
- 36-7237812
Organization Overview
Harry M And Gertrude Y Schwartz Foundation is located in Chicago, IL. The organization was established in 1998. 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. Harry M And Gertrude Y 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 05/2023, Harry M And Gertrude Y Schwartz Foundation generated $90.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $58.3k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harry M And Gertrude Y Schwartz Foundation has awarded 112 individual grants totaling $1,192,528. 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.
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 |
|---|---|---|---|
Paul Seidler Exec. Dir. | 10 | $40,000 | |
Sharon Y Seidler President | 5 | $0 | |
Marc P Seidler Secretary | 1 | $0 | |
Jeffery L Yablon Treasurer | 1 | $0 | |
Jean L Yablon Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,091 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,537 |
| Total Revenue | $90,628 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,292 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $173 |
| Printing and publications | $0 |
| Other expenses | $233 |
| Total operating and administrative expenses | $46,873 |
| Contributions, gifts, grants paid | $11,412 |
| Total expenses and disbursements | $58,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,372 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,416,659 |
| 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, Harry M And Gertrude Y Schwartz Foundation has awarded $11,412 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION BETH SHALOM PURPOSE: TO PROVIDE SUPPORT TO A SYNAGOGUE | $2,712 |
CONGREGATION OR SHALOM PURPOSE: TO PROVIDE SUPPORT TO A SYNAGOGUE | $3,100 |
MISHKAN CHICAGO PURPOSE: TO PROVIDE SUPPORT TO A SYNAGOGUE | $1,970 |
TEMPLE EMANUEL PURPOSE: TO PROVIDE SUPPORT TO A SYNAGOGUE | $3,630 |