Schwartz Rosman Foundation
- Assets
- $1.2m
- Revenue
- $114.0k
- Investments
- $1.1m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 45-3933049
Organization Overview
Schwartz Rosman Foundation is located in Los Angeles, CA. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public 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 Rosman 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 12/2022, Schwartz Rosman Foundation generated $114.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $333.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schwartz Rosman Foundation has awarded 143 individual grants totaling $979,692. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS PRIVATELY FUNDED. THE ONLY ACTUALDIRECT CHARITABLE ACTIVITY IS THE CONTRIBUTIONS PAID TO OTHER CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchell Schwartz Pres, Trea, Dir | 1 | $0 | |
Elizabeth Rosman Secy & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,766 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $92,241 |
| Capital Gain Net Income | $106,182 |
| Net ST Capital Gain | $106,182 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,007 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,505 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,037 |
| Total operating and administrative expenses | $11,392 |
| Contributions, gifts, grants paid | $322,456 |
| Total expenses and disbursements | $333,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,048 |
| 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 | $19,547 |
| Total assets | $1,180,829 |
| 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 Rosman Foundation has awarded $322,456 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS CHARITABLE ORGANIZATIONS PURPOSE: CHARITABLE DONATION | $2,412 |
HARVARD WESTLAKE SCHOOL PURPOSE: CHARITABLE DONATION | $12,000 |
TEMPLE ISRAEL OF HOLLYWOOD PURPOSE: CHARITABLE DONATION | $12,908 |
BRANDEIS ALUMNI PURPOSE: CHARITABLE DONATION | $4,000 |
CLIMATE RESOLVE PURPOSE: CHARITABLE DONATION | $1,500 |
THE BOGGS SCHOOL PURPOSE: CHARITABLE DONATION | $5,400 |