Karen and Gary Schwartz Foundation
The Karen and Gary Schwartz Foundation is a private independent foundation based in Seattle, Washington. Established in 2016, the foundation operates as a 501(c)(3) organization with no employees, indicating it functions as a grantmaking entity rather than an operating foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
-46.9% YoY
Annual Giving
$6.4M
+368.0% YoY
Grant Count
10
-28.6% YoY
Avg Grant Size
$640K
+555.2% YoY
Under IRS private-foundation payout rules, Karen and Gary Schwartz Foundation reported a distributable amount of $321K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation demonstrates geographic funding interests in Washington and Arizona.
Grantmaking
The foundation maintains an active grantmaking program, though specific application procedures and deadlines are not detailed in available sources.
Review Cycle
are not detailed in available sources.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Washington and Arizona.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2024):
| Metric | Amount |
|---|---|
| Total Assets | $4,954,535 |
| Total Annual Giving | $6,400,000 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,954,535 | $9,337,742 | $7,098,646 |
| Revenue | $2,054,246 | $3,645,974 | $2,614,535 |
| Expenses | $6,437,453 | $1,406,878 | $1,421,135 |
| Qualifying Distributions | $6,400,000 | $1,367,500 | $1,385,100 |
| Net Investment Income | $340,955 | $153,777 | $107,242 |
| Distributable Amount | $321,009 | $391,935 | $361,443 |
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
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Family Service ($3,000,000), Kline Galland Foundation ($3,000,000), Hillel at the Uw ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARIZONA HUMANE SOCIETY PHOENIX, AZ | RESCUE, CARE AND ADOPTION OF DOGS AND CATS | $5,000 |
| FRIENDS OF QUINCY ANIMAL SHELTER QUINCY, WA | RESCUE, CARE AND ADOPTION OF DOGS AND CATS | $5,000 |
| SPOKANE AREA JEWISH FAMILY SERVICE SPOKANE, WA | NURSING CARE, COUNSELING FOR CHILDREN AND FAMILIES | $100,000 |
| HALO ANIMAL RESCUE PHOENIX, AZ | RESCUE, CARE AND ADOPTION OF DOGS AND CATS | $5,000 |
| HILLEL AT THE UW SEATTLE, WA | TO INSPIRE STUDENTS AND YOUNG ADULTS TO EXPLORE, EMBRACE AND CELEBRATE JEWISH LIFE AND IDENTITY. | $250,000 |
| JEWISH FAMILY SERVICE SEATTLE, WA | NURSING CARE, COUNSELING FOR CHILDREN AND FAMILIES | $3,000,000 |
| KLINE GALLAND FOUNDATION SEATTLE, WA | MEDICAL REHABILITATION AND TRANSITIONAL CARE, MEMORY SUPPORT, HOSPICE | $3,000,000 |
| SALVATION ARMY SEATTLE, WA | IMPROVE HUMAN LIVES AND COMMUNITIES AND TO DEEPEN OUR SPIRITUAL LIFE | $25,000 |
| SEATTLE HUMANE SOCIETY BELLEVUE, WA | RESCUE, CARE AND ADOPTION OF DOGS AND CATS | $5,000 |
| YAKIMA VALLEY PET RESCUE YAKIMA, WA | RESCUE, CARE AND ADOPTION OF DOGS AND CATS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY R SCHWARTZ | TRUSTEE | 1 | — |
| KAREN K SCHWARTZ | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has made significant philanthropic commitments, including a $5 million donation in support of Kline Galland, a Seattle-based organization.
Local Philanthropists Gary and Karen Schwartz Donate $5 Million in SupportSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Karen and Gary Schwartz Foundation fund?
The foundation's grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation demonstrates geographic funding interests in Washington and Arizona.
How do I apply for a grant from Karen and Gary Schwartz Foundation?
**Financial Capacity:** • Total assets: $4,954,535 • Total annual giving: $6,400,000 • Typical grant awards range from $100 to $3,000,000 The foundation maintains an active grantmaking program, though specific application procedures and deadlines are not detailed in available sources.
Where does Karen and Gary Schwartz Foundation make grants?
The foundation primarily funds organizations in Washington and Arizona.
What size grants does Karen and Gary Schwartz Foundation award?
In 2024, Karen and Gary Schwartz Foundation awarded 10 grants totaling $6.4M — an average of about $640K per grant, based on its IRS Form 990 filings.
How much is Karen and Gary Schwartz Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen and Gary Schwartz Foundation reported a distributable amount of $321K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karen and Gary Schwartz Foundation's EIN?
Karen and Gary Schwartz Foundation's EIN (Employer Identification Number) is 91-6575043. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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