Donald L And Susan J Schwartzfoundation
- Assets
- $1.5m
- Revenue
- $178.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-3686414
Organization Overview
Donald L And Susan J Schwartzfoundation is located in Northbrook, IL. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald L And Susan J Schwartzfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Donald L And Susan J Schwartzfoundation generated $178.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $33.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Donald L And Susan J Schwartzfoundation has awarded 166 individual grants totaling $595,126. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald L Schwartz Trustee | 5 | $0 | |
Susan J Schwartz Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,780 |
| Capital Gain Net Income | $124,780 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $178,895 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $397 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $234 |
| Total operating and administrative expenses | $631 |
| Contributions, gifts, grants paid | $33,161 |
| Total expenses and disbursements | $33,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,785 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,519,197 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Donald L And Susan J Schwartzfoundation has awarded $33,161 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
MACALESTER COLLEGE PURPOSE: EDUCATIONAL | $25,000 |
GLENCOE UNION CHURCH PURPOSE: RELIGIOUS | $150 |
CATO INSTITUTE PURPOSE: CHARITABLE | $100 |
THE CRADLE ADOPTION AGENCY PURPOSE: CHARITABLE | $400 |
CHICAGO BOTANIC GARDENS PURPOSE: CHARITABLE | $300 |
RISE INTERNATIONAL PURPOSE: EDUCATION | $100 |