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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. Total assets have grown from N/A in 2015 to $65.3M in 2024. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New York, Massachusetts and Florida. 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.
Smallest Grant
$50K
Median Grant
$1.3M
Average Grant
$4.5M
Largest Grant
$25.8M
Based on 15 grants from the most recent 990-PF filing.
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.
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 | N/A |
| Jeffrey A Rosen As Of 452022 | VICE-CHAIRMAN & DIRECTOR | $0 | $0 | N/A |
| Mark E Schwarzman | DIRECTOR | $0 | $0 | N/A |
| Paul A White | SECRETARY | $0 | $0 | N/A |
| Stephen A Schwarzman | CHAIRMAN & DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$65.3M
Fair Market Value
N/A
Net Worth
$65.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$78.9M
Average Grant
$4.9M
Median Grant
$2.6M
Unique Recipients
12
Most Common Grant
$8.2M
of 2022 grantees were first-time recipients
| 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 |
| 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 |