David Schwartz Foundation
- Assets
- $16.0m
- Revenue
- $205.1k
- Investments
- $15.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2018
- Data as of
- 05/2023
- EIN
- 81-3360510
Organization Overview
David Schwartz Foundation is located in New York, NY. The organization was established in 2018. 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. David 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, David Schwartz Foundation generated $205.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $902.2k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, David Schwartz Foundation has awarded 217 individual grants totaling $3,328,367. 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 |
|---|---|---|---|
John Schwartz President | 6 | $0 | |
Sheila Schwartz Vice President | 2 | $0 | |
Stephen D Gardner Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $245,371 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,304 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $205,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65,098 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,487 |
| Total operating and administrative expenses | $116,429 |
| Contributions, gifts, grants paid | $785,813 |
| Total expenses and disbursements | $902,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,605 |
| 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 | $13,406,351 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,630 |
| Total assets | $15,980,407 |
| 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, David Schwartz Foundation has awarded $785,813 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
5GYRESORG PURPOSE: GENERAL PURPOSES | $1,545 |
ALI FORNEY CENTER PURPOSE: GENERAL PURPOSES | $12,900 |
AANT PURPOSE: GENERAL PURPOSES | $25,000 |
AMERICAN HOSPITAL OF PARIS PURPOSE: GENERAL PURPOSES | $129,996 |
BOYS AND GIRLS CLUB OF LAGUNA BEACH PURPOSE: GENERAL PURPOSES | $1,500 |
CEDARS-SINAI MEDICAL CENTER PURPOSE: GENERAL PURPOSES | $50,000 |