Kathryn & W H Schwarzschild Fund

RICHMOND, VA EIN: 54-6035733

The Kathryn & W H Schwarzschild Fund is a private foundation based in Richmond, Virginia, established in 1959. As a 501(c)(3) organization, it operates as a grantmaking foundation with no employees, distributing funds to charitable causes primarily within Virginia and surrounding regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+0.4% YoY

Annual Giving

$79K

+11.6% YoY

Grant Count

+14.5% YoY

Avg Grant Size

$1K

-2.6% YoY

Under IRS private-foundation payout rules, Kathryn & W H Schwarzschild Fund reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds general causes across multiple sectors. Its grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. The foundation demonstrates support for arts and cultural organizations, as evidenced by grants to institutions such as the Richmond Symphony.

Grantmaking

The foundation made 74 grants in 2024, with total giving of $79,170. Typical grant awards range from $200 to $5,050. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Virginia, New York, and Maryland, with a concentration of grantmaking activity in the Richmond, Virginia area.

Grant Distribution by State

Virginia $213K (78%)

New York $32K (12%)

Connecticut $18K (6%)

Massachusetts $4K (1%)

Maryland $4K (1%)

New Jersey $3K (1%)

Texas $250 (0%)

+2 more states

States

Alabama Connecticut Massachusetts Maryland New Jersey New York Pennsylvania Tennessee Texas Virginia

Cities

AnnapolisBronxCharlottesvilleClarksburgCold SpringDeltavilleGreenwichHagerstownHenricoIrvingLawrencevilleLexingtonMechanicsvilleNashvilleNew YorkNorth ChesterfieldNorthamptonNorwalkPhiladelphiaPurchase

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $1,365,190
Total Revenues: $113,996
Total Expenses: $105,698
Total Giving: $79,170

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,365,190	$1,359,335	$1,380,367
Revenue	$113,996	$74,868	$56,433
Expenses	$105,698	$93,958	$112,012
Qualifying Distributions	$79,170	$70,970	$88,320
Net Investment Income	$113,996	$74,868	$34,791
Distributable Amount	$76,009	$77,385	$71,844

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Richmond Symphony ($4,000), Pauley Heart Center ($3,000), Congregation Beth Ahabah ($2,750).

Recipient	Purpose	Amount
AMERICAN HEART ASSOCIATION RICHMOND, VA	GENERAL	$500
AMERICAN RED CROSS RICHMOND CHAPTER RICHMOND, VA	GENERAL	$2,500
ANTI-DEFAMATION LEAGUE NEW YORK, NY	GENERAL	$250
BETH SHOLOM HOME OF VIRGINIA HENRICO, VA	GENERAL	$500
BON SECOURS RICHMOND HEALTH CARE FOUNDATION RICHMOND, VA	GENERAL	$2,000
BRUCE MUSEUM OF ARTS AND SCIENCE GREENWICH, CT	GENERAL	$1,920
CENTRAL VIRGINIA FOODBANK (FEEDMORE) RICHMOND, VA	GENERAL	$1,250
CENTRAL VIRGINIA LEGAL RICHMOND, VA	GENERAL	$250
CHESAPEAKE BAY FOUNDATION ANNAPOLIS, MD	GENERAL	$500
CHILDREN'S HOME SOCIETY OF VA RICHMOND, VA	GENERAL	$250

Leadership & Key People

Leadership team and compensation from IRS filings

William H Schwarzschild serves as President of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM H SCHWARZSCHILD III	PRES/SEC/DIRECTOR	1	—
KATHRIN S BROWN	VP/TREASURER/DIRECTOR	1	—
HARRISON TATE SCHWARZSCHILD	VP/DIRECTOR	1	—

Recent Activity

Recent developments and announcements

2024

The foundation continues active grantmaking, with 74 grants distributed in 2024. Its most recent tax filing was completed on December 1, 2024.

Frequently Asked Questions

What does Kathryn & W H Schwarzschild Fund fund?

How do I apply for a grant from Kathryn & W H Schwarzschild Fund?

The foundation made 74 grants in 2024, with total giving of $79,170. Typical grant awards range from $200 to $5,050. Recent grants include: • Richmond Symphony: $4,000 (General, December 2024) • Jewish Community Center of Richmond: $2,500 (General, December 2024) • Jewish Community Federation of Richmond: $2,250 (General, December 2024) • Friends of the Richmond Public Library: $250 (General, December 2023) The foundation does not currently have live grant opportunities listed.

Where does Kathryn & W H Schwarzschild Fund make grants?

The foundation primarily funds organizations in Virginia, New York, and Maryland, with a concentration of grantmaking activity in the Richmond, Virginia area.

What size grants does Kathryn & W H Schwarzschild Fund award?

In 2024, Kathryn & W H Schwarzschild Fund awarded 79 grants totaling $79K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Kathryn & W H Schwarzschild Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kathryn & W H Schwarzschild Fund reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kathryn & W H Schwarzschild Fund's EIN?

Kathryn & W H Schwarzschild Fund's EIN (Employer Identification Number) is 54-6035733. IRS Form 990 filing data is available on this page for 2020–2024.