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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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