Eugene P Schwartz Family Foundation
- Assets
- $516.8k
- Revenue
- $211.2k
- Investments
- $500.8k
- Employees
- 0
- Location
- Norwood, MA
- Founding
- 05/1987
- Data as of
- 12/2023
- EIN
- 59-6877865
Organization Overview
Eugene P Schwartz Family Foundation is located in Norwood, MA. The organization was established in 1987. 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. Eugene P Schwartz Family Foundation 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 12/2023, Eugene P Schwartz Family Foundation generated $211.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $34.7k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Eugene P Schwartz Family Foundation has awarded 195 individual grants totaling $134,612. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Schwartz Trustee | 1 | $0 | |
Steven D Schwartz Trustee | 1 | $0 | |
Judy L Matt Trustee | 1 | $0 | |
Madeline Schwartz Trustee | 1 | $0 | |
Andrew Matt Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,172 |
| Dividends & Interest | $14,778 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $191,242 |
| Capital Gain Net Income | $191,242 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,192 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $630 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,249 |
| Contributions, gifts, grants paid | $29,486 |
| Total expenses and disbursements | $34,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,200 |
| 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 | $2,802 |
| Total assets | $516,811 |
| 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, Eugene P Schwartz Family Foundation has awarded $29,486 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ADL PURPOSE: GENERAL SUPPORT | $1,000 |
ADOPTION RHODE ISLAND PURPOSE: GENERAL SUPPORT | $250 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL SUPPORT | $500 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL SUPPORT | $500 |
BIG BROTHERS BIG SISTERS OF LI PURPOSE: GENERAL SUPPORT | $250 |
BOOKS ARE WINGS PURPOSE: GENERAL SUPPORT | $500 |