Schwarz Family Foundation Inc
Schwarz Family Foundation Inc is a private foundation based in Carmel, Indiana. It made 15 grants totaling $2,457,787 in 2024, including support for organizations in Indiana and Ohio.
Schwarz Family Foundation Inc at a glance
In short: Schwarz Family Foundation Inc gave $2.5M across 15 grants in 2024 (avg $164K), mostly in Indiana. 47% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,457,787
- +403.9% vs 2023
- Grants made (2024)
- 15
- +25.0% vs 2023
- Average grant
- $163,852
- +303.1% vs 2023
- Median grant
- $15,000
- Total assets
- $8,044,579
- -11.9% vs 2023
- New grantees (estimate)
- 47% first-time grantees (7 of 15, 2024; small sample)
- Primary geography
- Indiana (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Schwarz Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 10 W Carmel Drive Ste 300, Carmel, IN 46032
Phone: (317) 290-1140
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Schwarz Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Neurosurgical Atlas Inc ($2.0M). Together the top 10 received $2.4M.
Grant Size Distribution
58 grants across all recorded years
The most common grant size was under $50K: 48 grants of 58 (83%).
Geographic Focus
Where this funder awards grants
In 2024, 88% of grant dollars went to recipients in Indiana, 11% to recipients in Ohio, 1% to recipients in Florida, and less than 1% to recipients in Texas.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is Schwarz Family Foundation Inc open to new grantees?
47%
first-time grantees, 2024
In 2024, 7 of 15 grantees (47%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $300K; repeat grants $44K. How we count
Medians: $15K first-time, $13K repeat.
- 40% of 2024 grantees were also funded in 2023. Method
- Giving grew 441% from 2021 to 2024. Method
- In 2024 it paid out 509% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $296K (2020) to $2.5M (2024). In 2024 it made 15 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Neurosurgical Atlas Inc Carmel, IN | General | $2,000,000 |
| Ohio Fdn of Independent Colleges Columbus, OH | Schwarz family foundation scholarship program to be administered by Ohio foundation of independent colleges, inc scholarship management resources program | $259,287 |
| St Mary's Child Center Inc Indianapolis, IN | General | $32,500 |
| Chlidren First Inc Sarasota, FL | General | $30,000 |
| Dream Center Indianapolis Inc Indianapolis, IN | General | $30,000 |
| Brightlane Learning Corp Indianapolis, IN | General | $25,000 |
| Boys & Girls Club of Noblesville Noblesville, IN | General | $15,000 |
| Indianapolis Public Schools Education Foundation Inc Indianapolis, IN | General | $15,000 |
| Watch Us Farm Zionsville, IN | General | $11,000 |
| Boys & Girls Club of Boone County Inc Zionsville, IN | General | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $8,044,579 | $1,870,233 | $2,566,356 | $2,457,787 | 15 | $2,461,884 | $764,258 | $484,096 |
| 2023 | $9,132,197 | $393,260 | $586,859 | $487,750 | 12 | $491,475 | $297,876 | $453,432 |
| 2022 | $9,325,796 | $208,599 | $596,674 | $446,000 | 9 | $452,750 | $101,507 | $459,241 |
| 2021 | $9,713,871 | $3,438,541 | $552,479 | $454,000 | 14 | $454,000 | $1,744,805 | $441,463 |
| 2020 | $6,900,148 | $417,229 | $376,689 | $295,800 | 8 | — | $59,829 | $363,437 |
Under IRS private-foundation payout rules, Schwarz Family Foundation Inc reported a distributable amount of $484K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for a scholarship program and organizations whose missions, as described by the grantees, include early childhood education, tutoring and academic support for students affected by homelessness, vocational training for adults with intellectual disabilities, and youth development.
Grantmaking
In 2024, the foundation reported 15 grants totaling $2,457,787. Grant amounts ranged from $1,000 to $2,000,000, with a median of $15,000. Notable grants included $2,000,000 to Neurosurgical Atlas Inc in Carmel, Indiana; $259,287 to Ohio Foundation of Independent Colleges for a scholarship program; $32,500 to St. Mary’s Child Center; and $25,000 to Brightlane Learning.
Other grants included $30,000 each to Children First and Dream Center Indianapolis, $15,000 each to Boys & Girls Club of Noblesville and Indianapolis Public Schools Education Foundation, and $11,000 to Watch Us Farm. St. Mary’s Child Center describes its work as providing learning experiences for preschool children in poverty who are at risk in life and learning. Brightlane Learning describes its work as personalized tutoring and academic support for students affected by homelessness and housing instability. Watch Us Farm describes itself as providing vocational training and employment for adults with intellectual disabilities, and Boys & Girls Club of Boone County describes its work as helping youth develop skills, fitness, and character.
Leadership & Key People
Officers and directors from IRS filings
Schwarz Family Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gaye Schwarz
Director
On filings since 2020
No compensation reported
Jill Schwarz
Director
On filings since 2020
No compensation reported
Lynn Schwarz
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Schwarz Family Foundation Inc
How much does Schwarz Family Foundation Inc give each year?
Schwarz Family Foundation Inc gave $2.5M across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $488K across 12 grants.
What is Schwarz Family Foundation Inc's typical grant size?
Schwarz Family Foundation Inc's median grant in 2024 was $15,000, and its average grant was $163,852, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Schwarz Family Foundation Inc that year got $300K on average.
Where does Schwarz Family Foundation Inc give grants?
Schwarz Family Foundation Inc gives mostly in Indiana: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (11%). The most frequent recipient cities were Indianapolis, IN (6 grants) and Zionsville, IN (3 grants).
Does Schwarz Family Foundation Inc give general operating support?
Yes: 93% of Schwarz Family Foundation Inc's 2024 grants with a stated purpose (14 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Schwarz Family Foundation Inc's largest grantees?
Schwarz Family Foundation Inc's largest 2024 grantees include Neurosurgical Atlas Inc ($2,000,000), Ohio Fdn of Independent Colleges ($259,287) and St Mary's Child Center Inc ($32,500), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is Schwarz Family Foundation Inc?
Schwarz Family Foundation Inc reported $8.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $484K (roughly 5% of its investment assets).
What does Schwarz Family Foundation Inc fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Schwarz Family Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Schwarz Family Foundation Inc's EIN?
Schwarz Family Foundation Inc's EIN (Employer Identification Number) is 46-4218210. IRS Form 990 filing data is available on this page for 2020–2024.
Does Schwarz Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Schwarz Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Schwarz Family Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Schwarz Family Foundation Inc funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/schwarz-family-foundation-inc-morg_8ebb1160f4f1498daa6b86e827b5466d
BibTeX
@misc{grantable_464218210_2026,
author = {{Grantable}},
title = {{Schwarz Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/schwarz-family-foundation-inc-morg_8ebb1160f4f1498daa6b86e827b5466d},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Schwarz Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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