Elmont-Schwabe Charitable Corporation

BOSTON, MA EIN: 04-3071612

Elmont-Schwabe Charitable Corporation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $185K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $77K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$185K

+62.1% YoY

Annual Giving

$9K

+21.4% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$2K

+45.7% YoY

Under IRS private-foundation payout rules, Elmont-Schwabe Charitable Corporation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Elmont-Schwabe Charitable Corporation

Based on IRS filings

Elmont-Schwabe Charitable Corporation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $185K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $77K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AmherstBostonNew YorkNorth Andover

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$21K$43K$64K$85K20202021202220232024
Metric202420232022
Total Assets$184,501$113,841$113,498
Revenue$77,724$8,145$6,479
Expenses$9,445$7,741$4,807
Qualifying Distributions$8,500$7,000$4,000
Net Investment Income$76,779$7,404$5,672
Distributable Amount$6,808$6,029$6,029

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$5K$7K$9K2 grants20206 grants20212 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Stephen Elmont Scholarship$5KGreater Boston Food Bank$1KOne Family$1KSouthwest Corridor Park …$1KLawyers for Civil Rights$500

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Stephen Elmont Scholarship ($5,000), Greater Boston Food Bank ($1,000), One Family ($1,000).

RecipientPurposeAmount
Greater Boston Food Bank Boston, MAGeneral Contribution$1,000
Lawyers for Civil Rights Boston, MAGeneral Contribution$500
One Family Boston, MAGeneral Contribution$1,000
Southwest Corridor Park Conservancy Inc Boston, MAGeneral Contribution$1,000
Stephen Elmont Scholarship Amherst, MAGeneral Contribution$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Linda SchwabePresident5

Frequently Asked Questions

How large is Elmont-Schwabe Charitable Corporation?

As of 2024, Elmont-Schwabe Charitable Corporation holds $185K in total assets with $78K in annual revenue. It awarded 5 grants totaling $9K in 2024.

Where does Elmont-Schwabe Charitable Corporation operate?

Elmont-Schwabe Charitable Corporation has awarded grants in Massachusetts, New York.

What size grants does Elmont-Schwabe Charitable Corporation award?

In 2024, Elmont-Schwabe Charitable Corporation awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Elmont-Schwabe Charitable Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elmont-Schwabe Charitable Corporation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elmont-Schwabe Charitable Corporation's EIN?

Elmont-Schwabe Charitable Corporation's EIN (Employer Identification Number) is 04-3071612. 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.

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