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Stephen A Schwarzman Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. The principal officer is % John Magliano. It holds total assets of $65.3M. Annual income is reported at $60.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Stephen A Schwarzman Foundation has made 16 grants totaling $78.9M, with a median grant of $2.6M. Individual grants have ranged from $100K to $25.6M, with an average award of $4.9M. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Pennsylvania, which account for 63% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Stephen A Schwarzman Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MA, NY, PA.
Stephen A Schwarzman Foundation has distributed a total of $78.9M across 16 grants. The median grant size is $2.6M, with an average of $4.9M. Individual grants have ranged from $100K to $25.6M.
Stephen A Schwarzman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stephen A Schwarzman Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amy Stursberg | EXECUTIVE DIRECTOR OF PHILANTHROPY | $630K | $0 | $630K |
| John A Magliano | TREASURER & DIRECTOR | $150K | $0 | $150K |
| Bruce Simpson To 122 | CEO & DIRECTOR | $0 | $0 | $0 |
| Jeffrey A Rosen As Of 452022 | VICE-CHAIRMAN & DIRECTOR | $0 | $0 | $0 |
| Mark E Schwarzman | DIRECTOR | $0 | $0 | $0 |
Total Giving
$73.2M
Total Assets
$105.5M
Fair Market Value
$105.5M
Net Worth
$105.5M
Grants Paid
$70M
Contributions
$123.7M
Net Investment Income
$21.6M
Distribution Amount
$3.4M
Total: $97.5M
Total Grants
16
Total Giving
$78.9M
Average Grant
$4.9M
Median Grant
$2.6M
Unique Recipients
12
Most Common Grant
$100K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Business SchoolESTABLISH "STEPHEN A. SCHWARZMAN RESEARCH FUND ON ARTIFICIAL INTELLIGENCE IN BUSINESS" | Boston, MA | $984K | 2022 |
| Massachusetts Institute Of TechnologyTO SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE | Cambridge, MA | $25.6M | 2022 |
| University Of OxfordTO SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY | Wellington Square Oxford | $12.2M | 2022 |
| Animal Medical CenterTO SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTERS FACILITIES | New York, NY | $8.2M | 2022 |
| Paul A White | SECRETARY | $0 | $0 | $0 |
| Stephen A Schwarzman | CHAIRMAN & DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| The Frick CollectionTO SUPPORT THE CREATION OF A STATE-OF-THE-ART AUDITORIUM |
| New York, NY |
| $7.5M |
| 2022 |
| Foundation For Abington School DistrictTO SUPPORT THE BUILDING OF THE "STEPHEN A. SCHWARZMAN CENTER FOR SCIENCE & TECHNOLOGY" | Abington, PA | $3.4M | 2022 |
| Usa Track & Field FoundationTO SUPPORT ATHLETES IN U.S. TRACK & FIELD AT WORLD CHAMPIONSHIPS AND OLYMPIC COMPETITIONS | Salem, OH | $2.8M | 2022 |
| Asia SocietyGENERAL SUPPORT | New York, NY | $2.5M | 2022 |
| Palm Beach County Food BankTO SUPPORT THE WEEKEND FOOD FOR KIDS PROGRAM | Lake Worth, FL | $1.6M | 2022 |
| National Committee On Us-China RelationsGENERAL SUPPORT | New York, NY | $1M | 2022 |
| Inner-City Scholarship FundTO SUPPORT EMERGENCY TUITION ASSISTANCE | New York, NY | $760K | 2022 |
| Museum Of Language Arts (Planet Word)GENERAL SUPPORT | Washington, DC | $731K | 2022 |
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