Mr & Mrs Reuben Schwartz & Verna a

Private foundation · Grantmaker Pittsburgh, PA EIN: 23-7868738

Mr & Mrs Reuben Schwartz & Verna a is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $1.1M in total assets. In 2026, it awarded 1 grant totaling $60K. Net investment income was $97K.

Mr & Mrs Reuben Schwartz & Verna a at a glance

In short: Mr & Mrs Reuben Schwartz & Verna a gave $60K across 1 grant in 2026 (avg $60K), mostly in Pennsylvania. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$59,946
+9.6% vs 2025
Grants made (2026)
1
+0.0% vs 2025
Average grant
$59,946
+9.6% vs 2025
Median grant
$59,946
Total assets
$1,125,011
+3.0% vs 2025
Primary geography
Pennsylvania (100% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

Who Mr & Mrs Reuben Schwartz & Verna a funds

How this funder distributes its grants

Top Recipients

Top recipient in 2026

United Lutheran Seminary: $60KUnited Lutheran Seminary$60K

The largest 2026 recipient was United Lutheran Seminary ($60K).

Grant Size Distribution

5 grants across all recorded years

<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

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

States

Cities

Gettysburg

How Mr & Mrs Reuben Schwartz & Verna a gives

  • Giving held roughly steady from 2023 to 2026 (−6%). Method
  • In 2026 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2020 to 2026, annual grant giving ranged from $54K (2020) to $64K (2023). In 2026 it made 1 grant totaling $60K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
United Lutheran Seminary Gettysburg, PAGeneral Support$59,946
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$1,125,011$113,607$80,782$59,9461$63,791$97,480$66,533
2025$1,091,883$64,260$73,877$54,6781$58,320$49,078$63,588
2024$1,102,208$41,603$72,029$55,1641$58,485$26,324$57,999
2023$1,132,356$13,254$84,334$63,7061$67,971$12,739$59,429
2022$1,202,503$136,531$75,800$55,3311$60,350$120,590$68,725
2021$1,142,490$-7,594$75,246$57,4941—$9,545$59,543
2020$1,225,598$51,165$77,984$54,1711—$38,015$61,877

Under IRS private-foundation payout rules, Mr & Mrs Reuben Schwartz & Verna a reported a distributable amount of $67K for 2026 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Mr & Mrs Reuben Schwartz & Verna a's only listed officer is PNC Bank N A, Trustee on every filing since 2023 (compensated).

Officers on the 2026 filing

  • PNC Bank N A

    Trustee

    On filings since 2023

    1 hr/week

    $17K (2023) → $19K (2026)

Former officers (1)
  • Former: PNC Bank NA (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2026. "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

PNC Bank N a — Trustee: $19KPNC Bank N aTrustee$19K

The highest reported compensation on the 2026 filing was $19K, to PNC Bank N a (Trustee).

Frequently asked questions about Mr & Mrs Reuben Schwartz & Verna a

How much does Mr & Mrs Reuben Schwartz & Verna a give each year?

Mr & Mrs Reuben Schwartz & Verna a gave $60K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $55K across 1 grant.

How large is Mr & Mrs Reuben Schwartz & Verna a?

Mr & Mrs Reuben Schwartz & Verna a reported $1.1M in total assets on its 2026 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $67K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Mr & Mrs Reuben Schwartz & Verna a operate?

Mr & Mrs Reuben Schwartz & Verna a has awarded grants in Pennsylvania.

What is Mr & Mrs Reuben Schwartz & Verna a's EIN?

Mr & Mrs Reuben Schwartz & Verna a's EIN (Employer Identification Number) is 23-7868738. IRS Form 990 filing data is available on this page for 2020–2026.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS June 11, 2026)
  2. IRS filings on file for fiscal years 2020–2025

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