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The Schwartz Foundation Trust is a private trust based in FREEHOLD, NJ. The foundation received its IRS ruling in 2022. The principal officer is Moses Schwartz. It holds total assets of $46K. Annual income is reported at N/A. Total assets have decreased from $388K in 2021 to $46K in 2023. The foundation is governed by 2 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 2020 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, The Schwartz Foundation Trust has made 25 grants totaling $869K, with a median grant of $3K. Annual giving has grown from $58K in 2020 to $811K in 2022. Individual grants have ranged from $900 to $225K, with an average award of $35K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$900
Median Grant
$2K
Average Grant
$45K
Largest Grant
$225K
Based on 9 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.
The Schwartz Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NY, NJ.
The Schwartz Foundation Trust has distributed a total of $869K across 25 grants. The median grant size is $3K, with an average of $35K. Individual grants have ranged from $900 to $225K.
The Schwartz Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
The Schwartz Foundation Trust is headquartered in FREEHOLD, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Moses Schwartz | TRUSTEE | $0 | $0 | N/A |
| Jeffrey Rockman | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$46K
Fair Market Value
$40K
Net Worth
N/A
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$2K
Total: $45K
Total Grants
25
Total Giving
$869K
Average Grant
$35K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Binyan Yerushalaim IncCHARITABLE | Brooklyn, NY | $225K | 2022 |
| Bnei TorahCHARITABLE | Brooklyn, NY | $170K | 2022 |
| Cong Tiferes ShulemCHARITABLE | Lakewood, NJ | $3K | 2022 |
| Talmud Torah Toldos Yakov YosefCHARITABLE | Lakewood, NJ | $3K | 2022 |
| Yeshiva Stolin KarlinCHARITABLE | Lakewood, NJ | $2K | 2022 |
| Lakewood Cheder SchoolCHARITABLE | Lakewood, NJ | $1K | 2022 |
| Cong Whispering PinesCHARITABLE | Lakewood, NJ | $1K | 2022 |
| Yeahiva Toras Aron IncCHARITABLE | Lakewood, NJ | $1K | 2022 |
| Cong Anshei Howell Charity IncCHARITABLE | Howell, NJ | $900 | 2022 |
| Torah Temimah Of Lakewood IncCHARITABLE | Lakewood, NJ | $25K | 2020 |
| Yeshiva Nesivos HatorahCHARITABLE | Lakewood, NJ | $5K | 2020 |
| Various Charitable OrganizationsCHARITABLE | Freehold, NJ | $2K | 2020 |