Robert And Mimi Schwartz Foundation Inc
- Assets
- $637.8k
- Revenue
- $34.9k
- Investments
- $562.8k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- Data as of
- 12/2021
- EIN
- 37-1955784
Organization Overview
Robert And Mimi Schwartz Foundation Inc is located in Bethesda, MD. 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. Robert And Mimi Schwartz Foundation Inc 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 12/2021, Robert And Mimi Schwartz Foundation Inc generated $34.9k in total revenue. All expenses for the organization totaled $44.3k during the year ending 12/2021.
Since 2020, Robert And Mimi Schwartz Foundation Inc has awarded 14 individual grants totaling $105,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Schwartz Officer | 2 | $0 | |
Mimi E Schwartz Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $11,013 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,927 |
| Capital Gain Net Income | $23,927 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,787 |
| Contributions, gifts, grants paid | $36,500 |
| Total expenses and disbursements | $44,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $75,051 |
| 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 | $562,790 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $637,841 |
| 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, Robert And Mimi Schwartz Foundation Inc has awarded $36,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JUVENILE DIABETES RESEARCH FUND PURPOSE: TYPE 1 DIABETES RESEARCH. | $30,000 |
Washington, DC PURPOSE: DIABETES TRANSFORMATION CARE MODEL INITIATIVE FUND | $4,000 |
UNC-KENAN FLAGLER BUSINESS SCHOOL FOUNDATION PURPOSE: 100 WOMEN INITIATIVE & ENTREPRENEURSHIP CENTER | $2,000 |
LAWRENCEVILLE FUND PURPOSE: EDUCTIONAL INICIATIVES- FINANCIAL AID, ACADEMIC NEEDS, AND CO-CURRICULAR PROGRAMS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |