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Schwalbe Brothers Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1949. It holds total assets of $10K. Annual income is reported at $389. Total assets have decreased from $1.7M in 2011 to $10K in 2023. The foundation is governed by 3 officers and trustees. 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, Schwalbe Brothers Foundation Inc. has made 8 grants totaling $411K, with a median grant of $58K. Annual giving has grown from $114K in 2020 to $180K in 2022. Individual grants have ranged from $25K to $65K, with an average award of $51K. The foundation has supported 2 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.
Schwalbe Brothers Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Schwalbe Brothers Foundation Inc. has distributed a total of $411K across 8 grants. The median grant size is $58K, with an average of $51K. Individual grants have ranged from $25K to $65K.
Schwalbe Brothers Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Schwalbe Brothers Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeremy Schwalbe | CHAIRMAN | $0 | $0 | N/A |
| James Schwalbe | DIRECTOR | $0 | $0 | N/A |
| Robert Schwalbe | TREASURER | $0 | $0 | N/A |
Total Giving
$5K
Total Assets
$10K
Fair Market Value
$21K
Net Worth
$10K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$1K
Total: $652
Total Grants
8
Total Giving
$411K
Average Grant
$51K
Median Grant
$58K
Unique Recipients
2
Most Common Grant
$65K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shefa SchoolEXEMPT PURPOSE | New York, NY | $65K | 2022 |
| Moriah School EnglewoodEXEMPT PURPOSE | Englewood, NJ | $25K | 2022 |