Schwartz Memorial Foundation Trust

MILWAUKEE, WI EIN: 23-7075494

Schwartz Memorial Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 4 grants totaling $60K. Net investment income was $53K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-1.1% YoY

Annual Giving

$60K

-6.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$15K

-6.5% YoY

Under IRS private-foundation payout rules, Schwartz Memorial Foundation Trust reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About Schwartz Memorial Foundation Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $326K (100%)

States

Iowa

Cities

BlgomfieldBloomfieldDavenportFairfieldOttumwa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,073,264	$1,085,593	$1,066,667
Revenue	$72,323	$103,904	$37,383
Expenses	$84,609	$84,971	$95,414
Qualifying Distributions	$62,796	$66,784	$76,354
Net Investment Income	$52,531	$85,198	$19,314
Distributable Amount	$68,436	$62,632	$66,790

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indian Hills Comm College Foundation ($19,486), St Ambrose University ($19,486), Jefferson County Hospital ($10,493).

Recipient	Purpose	Amount
INDIAN HILLS COMM COLLEGE FOUNDATION OTTUMWA, IA	SCHOLARSHIPS	$19,486
ST AMBROSE UNIVERSITY DAVENPORT, IA	SCHOLARSHIPS	$19,486
JEFFERSON COUNTY HOSPITAL FAIRFIELD, IA	SCHOLARSHIPS	$10,493
DAVIS COUNTY HOSPITAL BLGOMFIELD, IA	SCHOLARSHIPS	$10,493

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$20,882

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Schwartz Memorial Foundation Trust?

Schwartz Memorial Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $1.1M in total assets as of 2024.

How large is Schwartz Memorial Foundation Trust?

As of 2024, Schwartz Memorial Foundation Trust holds $1.1M in total assets with $72K in annual revenue. It awarded 4 grants totaling $60K in 2024.

Where does Schwartz Memorial Foundation Trust operate?

Schwartz Memorial Foundation Trust has awarded grants in Iowa.

What size grants does Schwartz Memorial Foundation Trust award?

In 2024, Schwartz Memorial Foundation Trust awarded 4 grants totaling $60K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Schwartz Memorial Foundation Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schwartz Memorial Foundation Trust reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schwartz Memorial Foundation Trust's EIN?

Schwartz Memorial Foundation Trust's EIN (Employer Identification Number) is 23-7075494. IRS Form 990 filing data is available on this page for 2020–2024.