Schwartz Family Foundation

FAIRFIELD, IA EIN: 43-6900504

The Schwartz Family Foundation is a private family foundation established in 2003 and based in Fairfield, Iowa. Founded by Eric Schwartz, the foundation reflects a commitment to consciousness-based education, educational institutions, scholarship initiatives, and community development projects. The foundation is located at 1776 Pleasant Plain Road, Fairfield, IA 52556.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.7M

+12.7% YoY

Grant Count

38

+40.7% YoY

Avg Grant Size

$98K

-19.9% YoY

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

Mission & Focus Areas

The foundation supports educational institutions, consciousness-based programs, scholarship initiatives, and community development projects. Primary funding focus areas include education, philanthropy and grantmaking, human services, poverty alleviation, and science education. The foundation does not specify formal grant programs with particular application cycles; grantmaking is conducted through trustee discretion on a rolling basis.

Grantmaking

The foundation does not have formal grant programs with specific application cycles. Grantmaking is conducted through trustee discretion on a rolling basis.

Grant Range

$5,000 to $1,291,889

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Iowa with national and limited international support. Recent grantmaking extends to New York, California, and international recipients including Thailand and Africa.

Grant Distribution by State

13states
+5 more states

Cities

ARLINGTONATLANTABOSTONBROOKLYNCAMBRIDGECHICAGOCULVER CITYFAIRFIELDFOUNTAIN INNJACKSONLIVINGSTON MANORLOS ANGELESLOS ANGLESNAPANEW YORKOKLAHOMA CITYOTTUMWAPALMETTO BAYROMNEYSAN FRANCISCO

Financial History

Multi-year comparison from IRS filings

Assets:

  • Total assets: $32,781,517 (as of 2024)

Annual Activity:

  • Total revenue (2024): $13,206,644
  • Total expenses (2024): $4,176,468
  • Total giving (2024): $3,731,235 to $4,078,120

Contributions:

  • The foundation received substantial contributions of $11.8 million in 2024
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$933K$2M$3M$4M28 grants202025 grants202126 grants202227 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAHARISHI INTERNATIONAL …$1.3MMAHARISHI INTERNATIONAL …$674KMAHARISHI SCHOOL$300KAFRICA COLLEGE FUND$250KDAVID LYNCH FOUNDATION$250KRAAM RAJ FOUNDATION$190KBRAHMANANDA SARASWATI FO…$150KCOMMUNITY FOUNDATION OF …$100KSRI DEVI MANDIR TEMPLE$100KMAHARISHI FOUNDATION INT…$68K

Grant Size Distribution

144 grants across all recorded years

91<$50K15$50–100K19$100–250K11$250–500K6$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maharishi International University Foundation ($1,291,889), Maharishi International University ($673,746), Maharishi School ($300,000).

RecipientPurposeAmount
AFRICA COLLEGE FUND FAIRFIELD, IAMAHARISHI INVINCIBILITY SCHOOL FOR GIRLS AND THE MAHARISHI ECO-CAMPUS SUPPORT$250,000
BRAHMANANDA SARASWATI FOUNDATION FAIRFIELD, IASUPPORT FOR AFRICAN WOMEN AND GIRLS ORGANIZATION$150,000
CARE FOUNDATION ATLANTA, GASUPPORT FOR CARE IMPACT AWARDS$2,500
COLLATERAL REPAIR PROJECT BROOKLYN, NYSUPPORT SUPER GIRLS PROGRAM$10,000
COMMUNITY FOUNDATION OF JACKSON HOLE JACKSON, WYGENERAL OPERATING SUPPORT$100,000
DAVID LYNCH FOUNDATION NEW YORK, NYSUPPORT FOR RENA BOONE RETIREMENT SCHOLARSHIP FUND$1,800
DAVID LYNCH FOUNDATION NEW YORK, NYSUPPORT FOR THE HEALTHY FAMILIES/HEALTHY COMMUNITIES PROGRAM$250,000
ENVIRONMENTAL DEFENSE FUND NEW YORK, NYGENERAL OPERATING SUPPORT$10,000
EVERGLADES FOUNDATION PALMETTO BAY, FLSUPPORT FOR RESEARCH INITIATIVES$10,000
FOREST TRENDS ASSOCIATION WASHINGTON, DCGENERAL OPERATING SUPPORT$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Eric Schwartz - President and Trustee (serves without compensation)
  • Kelly Schwartz - Trustee (serves without compensation)

Eric Schwartz is the founder and Executive Chairman of Cambridge Investment Research, one of the largest independent broker-dealers in the United States. He began practicing Transcendental Meditation at Amherst College in 1971 and credits this practice with contributing to his business success. He has donated approximately 25% of Cambridge Investment Research's stock to his charitable foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERIC SCHWARTZPRESIDENT/TRUSTEE1
KELLY SCHWARTZTRUSTEE1

Recent News & Activity

Recent developments and announcements

The foundation has supported various initiatives including donations to Howard University's Grace Grant Fund for pre-med students, funding for the Lustgarten Foundation's pancreatic cancer research efforts, and social value initiatives advancing healthcare access in Africa. The foundation has also established fellowship programs for liberal arts graduating seniors through partnerships with educational institutions.

Schwartz Family Foundation Donates to Howard University's ...

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Schwartz Family Foundation fund?

The foundation supports educational institutions, consciousness-based programs, scholarship initiatives, and community development projects. Primary funding focus areas include education, philanthropy and grantmaking, human services, poverty alleviation, and science education. The foundation does not specify formal grant programs with particular application cycles; grantmaking is conducted through trustee discretion on a rolling basis.

How do I apply for a grant from Schwartz Family Foundation?

**Grant Activity:** • Made 38 grants in 2024 • Grant range: $5,000 to $1,291,889 • Typical grant median: $10,000 • Annual giving: approximately $4 million **Recent Grants (2024):** • Maharishi International University Foundation Incorporated: $1,291,889 (Support for the Dhammacharinee Wittaya School in Thailand) • Maharishi International University (MUM): $673,746 (Support for Digital Delivery and Infrastructure Development) • Africa College Fund: $250,000 (Maharishi Invincibility School for Gi…

Where does Schwartz Family Foundation make grants?

The foundation primarily supports organizations in Iowa with national and limited international support. Recent grantmaking extends to New York, California, and international recipients including Thailand and Africa.

What size grants does Schwartz Family Foundation award?

In 2024, Schwartz Family Foundation awarded 38 grants totaling $3.7M — an average of about $98K per grant, based on its IRS Form 990 filings.

What is Schwartz Family Foundation's EIN?

Schwartz Family Foundation's EIN (Employer Identification Number) is 43-6900504. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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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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