FAO Schwarz Family Fdn

Private foundation · Grantmaker Dallas, TX EIN: 13-6986221
Arts and cultureMuseumsEducationHigher educationPhilanthropy

FAO Schwarz Family Fdn is a private foundation focused on Arts and culture, based in Dallas, TX. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $3.1M in total assets. In 2026, it awarded 1 grant totaling $493K. Net investment income was $555K.

Key facts about FAO Schwarz Family Fdn

In short: FAO Schwarz Family Fdn gave $493K across 1 grant in 2026 (avg $493K), mostly in Texas. Source: 2026 IRS Form 990-PF.

EIN
13-6986221
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$493,134
Grants made (2026)
1
Average grant
$493,134
Median grant
$493,134
Total assets
$3,145,810
Primary geography
Texas (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$3.1M

-6.3% YoY

Annual Giving

$493K

+20.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$493K

+20.7% YoY

Under IRS private-foundation payout rules, FAO Schwarz Family Fdn reported a distributable amount of $191K for 2026 — the minimum it must pay out in qualifying distributions.

How FAO Schwarz Family Fdn gives

  • Giving grew 37% from 2023 to 2026. Method
  • In 2026 it paid out 382% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2026 grant dollars on its one itemized grant.

Cities

DallasProvidence

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2021 to 2026, annual grant giving ranged from $359K (2023) to $524K (2024). In 2026 it made 1 grant totaling $493K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K4$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Statement Dallas, TXUnrestricted General$493,134

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$3,145,810$3,356,239$3,315,188
Revenue$576,374$708,508$1,462,010
Expenses$765,517$667,449$773,652
Qualifying Distributions$729,095$633,732$748,401
Net Investment Income$554,827$688,019$1,443,610
Distributable Amount$190,841$174,546$141,767

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 13, 2026)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 29, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 30, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 31, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 9, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 31, 2026)
  7. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

FAO Schwarz Family Fdn's 2026 filing lists 7 officers; 1 of 7 officers listed in 2026 is compensated.

Officers on the 2026 filing

  • Mary Ladd

    Trustee

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Maureen Coffey

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peter Schastny

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mary Wing-Berman

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ronan Schwarz

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jill Millard

    Trustee

    On filings since 2025

    1 hr/week

    No compensation reported

  • Bank Of America N A

    Agent for Fiduciary

    On filings since 2021

    1 hr/week

    $24K (2021) → $31K (2026)

Former officers (5)
  • Former: Alex Millard (2021–2024) — Trustee
  • Former: William Hn Schwarz (2021–2024) — Trustee
  • Former: Eliza Ladd Schwarz (2021–2022) — Trustee
  • Former: Eric Schwarz (2021) — Trustee
  • Former: Molly Wing-Berman (2021) — Trustee

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Bank of America N a — Agent for Fiduciary: $31KBank of America N aAgent for Fiduciary$31K

The highest reported compensation on the 2026 filing was $31K, to Bank of America N a (Agent for Fiduciary).

Frequently asked questions about FAO Schwarz Family Fdn

How much does FAO Schwarz Family Fdn give each year?

FAO Schwarz Family Fdn gave $493K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $409K across 1 grant.

How large is FAO Schwarz Family Fdn?

FAO Schwarz Family Fdn reported $3.1M in total assets on its 2026 IRS Form 990-PF. It paid out $729K in qualifying distributions that year, against a required minimum of $191K (roughly 5% of its investment assets).

What is FAO Schwarz Family Fdn?

FAO Schwarz Family Fdn is a private foundation focused on Arts and culture, based in Dallas, TX. It holds $3.1M in total assets as of 2026.

Where does FAO Schwarz Family Fdn operate?

FAO Schwarz Family Fdn has awarded grants in Rhode Island, Texas.

What is FAO Schwarz Family Fdn's EIN?

FAO Schwarz Family Fdn's EIN (Employer Identification Number) is 13-6986221. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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