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Schwarzmann Family Foundation is a private corporation based in VIENNA, VA. The foundation received its IRS ruling in 2008. It holds total assets of $6.8M. Annual income is reported at $7.5M. Total assets have grown from N/A in 2011 to $8K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Schwarzmann Family Foundation has made 2 grants totaling $18K, with a median grant of $9K. Annual giving has grown from $6K in 2022 to $12K in 2023. Individual grants have ranged from $6K to $12K, with an average award of $9K. Grant recipients are concentrated in Virginia. 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.
Schwarzmann Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in VA.
Schwarzmann Family Foundation has distributed a total of $18K across 2 grants. The median grant size is $9K, with an average of $9K. Individual grants have ranged from $6K to $12K.
The organization's activities may consist of awarding scholarships to students attending vocational school programs that meet the purpose of the organization. The purpose is not to promote higher education rather to provide resources and alternatives to those unable to achieve it. The foundation intends to provide aid to various existing nonprofit organizations in the fields of ovacational education and training, handicapped rehabilitation and youth organizations.
Schwarzmann Family Foundation is headquartered in VIENNA, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Schwarzmann | PRESIDENT | $0 | $0 | N/A |
| Stephen Turner | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$8K
Fair Market Value
$8K
Net Worth
$8K
Grants Paid
$12K
Contributions
$16K
Net Investment Income
N/A
Distribution Amount
$434
Total Grants
2
Total Giving
$18K
Average Grant
$9K
Median Grant
$9K
Unique Recipients
1
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northern Virginia Football Hall Of Fame FoundationTO ASSIST IN THE ENTITIES EXEMPT PURPOSE | Merrifield, VA | $12K | 2023 |