Donald L & Susan J Schwartz Foundation
Donald L & Susan J Schwartz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 16 grants totaling $203K. Net investment income was $140K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+6.3% YoY
Annual Giving
$203K
+42.6% YoY
Grant Count
16
-27.3% YoY
Avg Grant Size
$13K
+96.0% YoY
Under IRS private-foundation payout rules, Donald L & Susan J Schwartz Foundation reported a distributable amount of $203K for 2024 — the minimum it must pay out in qualifying distributions.
About Donald L & Susan J Schwartz Foundation
Based on IRS filings
Donald L & Susan J Schwartz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 16 grants totaling $203K. Net investment income was $140K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,587,547 | $1,493,928 | $1,519,197 |
| Revenue | $145,246 | $85,068 | $178,895 |
| Expenses | $208,532 | $150,037 | $33,792 |
| Qualifying Distributions | $202,933 | $142,368 | $33,176 |
| Net Investment Income | $139,647 | $77,414 | $178,279 |
| Distributable Amount | $203,231 | $191,228 | $180,359 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
126 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Donald & Susan Schwartz Donor Advised Charitable ($181,964), Ravinia Festival ($5,000), Chicago Symphony Orchestra ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Heritage Foundation Chicago, IL | Charitable | $825 |
| Steppenwolf Theatre Chicago, IL | Arts | $4,000 |
| Leadership Institute Arlington, VA | Charitable | $950 |
| National Right to Work Foundation Springfield, VA | Charity | $3,500 |
| National Park Foundation Washington, DC | Charity | $25 |
| Chicago Symphony Orchestra Chicago, IL | Charity | $4,500 |
| Secure Futures Milwaukee, WI | Charity | $1,000 |
| Sarah's Circle Chicago, IL | Charity | $150 |
| Phi Beta Kappa Society Washington, DC | Charity | $44 |
| Ravinia Festival Highland Park, IL | Charity | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD L SCHWARTZ | TRUSTEE | — | — |
| SUSAN J SCHWARTZ | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Donald L & Susan J Schwartz Foundation?
Donald L & Susan J Schwartz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. It holds $1.6M in total assets as of 2024.
How large is Donald L & Susan J Schwartz Foundation?
As of 2024, Donald L & Susan J Schwartz Foundation holds $1.6M in total assets with $145K in annual revenue. It awarded 16 grants totaling $203K in 2024.
Where does Donald L & Susan J Schwartz Foundation operate?
Donald L & Susan J Schwartz Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Iowa, Illinois, Maryland, Michigan, Minnesota, Missouri, North Carolina, New Jersey, Virginia, Wisconsin.
What size grants does Donald L & Susan J Schwartz Foundation award?
In 2024, Donald L & Susan J Schwartz Foundation awarded 16 grants totaling $203K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Donald L & Susan J Schwartz Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Donald L & Susan J Schwartz Foundation reported a distributable amount of $203K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Donald L & Susan J Schwartz Foundation's EIN?
Donald L & Susan J Schwartz Foundation's EIN (Employer Identification Number) is 20-3686414. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.