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L&F Schwartz Foundation Trust is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2002. The principal officer is Ace Management. It holds total assets of $317K. Annual income is reported at $109. Total assets have grown from $156K in 2010 to $317K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, L&F Schwartz Foundation Trust has made 16 grants totaling $109K, with a median grant of $5K. The foundation has distributed between $17K and $75K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $75K distributed across 12 grants. Individual grants have ranged from $2K to $17K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
L&F Schwartz Foundation Trust primarily funds organizations in the area of human services. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, NJ.
L&F Schwartz Foundation Trust has distributed a total of $109K across 16 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $2K to $17K.
L&F Schwartz Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
L&F Schwartz Foundation Trust is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Freida Schwartz | Vice President | $0 | $0 | N/A |
| Leonard Schwartz | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$317K
Fair Market Value
N/A
Net Worth
$317K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$109K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Qualified CharitiesDETAILED SCHEDULE AVAILABLE UPON REQUEST | Brooklyn, NY | $17K | 2023 |
| Yeshivas NovominskSOCIAL SERVICES | Brooklyn, NY | $15K | 2022 |
| Beth Medrash GovohaSOCIAL SERVICES | Lakewood, NJ | $6K | 2022 |
| Talmud Torah Bais AvrohomSOCIAL SERVICES | Lakewood, NJ | $5K | 2022 |
| Bais Tova IncSOCIAL SERVICES | Lakewood, NJ | $5K | 2022 |
| Bnos BinaSOCIAL SERVICES | Lakewood, NJ | $4K | 2022 |
| Cong Nachlei NoveahSOCIAL SERVICES | Brooklyn, NY | $3K | 2022 |
| Masores Bais YaakovSOCIAL SERVICES | Brooklyn, NY | $5K | 2021 |