Swartz Foundation

NEWTON, MA EIN: 04-3255974

The Swartz Foundation is a private independent foundation established in 1994 in Boston, Massachusetts, and based in Newton, MA. It operates as a 501(c)(3) organization with tax-exempt status since September 1995. The foundation is a family foundation with significant assets and a focused philanthropic mission centered on Jewish causes and theoretical neuroscience research.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$220.8M

+5.0% YoY

Annual Giving

$9.8M

+36.9% YoY

Grant Count

15

-6.3% YoY

Avg Grant Size

$653K

+46.0% YoY

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

Mission & Focus Areas

The foundation's strategic intent is to integrate problem-solving approaches from physics, mathematics, electrical engineering, and computer science into neuroscience research. The foundation supports theoretical neuroscience research—including computational neuroscience—that investigates basic principles and mechanisms of brain function at multiple levels: biophysical (molecular and cellular), circuit and network, and whole brain system, behavioral, and social interaction levels.

Beyond neuroscience, the foundation provides grants primarily to Jewish organizations for medical research, Jewish temples, federated giving programs, social services, and education. The foundation's grantmaking emphasizes health, human services, community development, education, and religion.

Grantmaking

The foundation does not maintain a public application process and supports only preselected organizations. The foundation does not accept unsolicited proposals. Grants are made through trustee-directed giving rather than formal grant programs with published guidelines or application deadlines.

Grant Range

$500 to $1,500,000

Average Grant

$20,000

Review Cycle

.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses on:

  • Boston area and Massachusetts
  • South Florida
  • National (U.S.) organizations
  • Israel

Approximately half of the foundation's grantmaking supports Israeli organizations or U.S.-based organizations advancing Israeli causes. U.S. grantmaking prioritizes Boston-area organizations but extends to Jewish organizations with national reach.

Grant Distribution by State

12states
+4 more states

Cities

BellmawrBethesdaBoca RatonBostonBrooklineBrooklynCambridgeCoral SpringsDallasEncinitasHaverhillHonesdaleLos AngelesMariettaMelvilleNeedhamNew YorkNewtonNewton CentreNorth Waltham

Financial History

Multi-year comparison from IRS filings

Assets & Annual Activity (2024):

  • Total assets: $220,801,315
  • Total revenues: $23,722,214
  • Total expenses: $13,328,988
  • Annual giving: $10.3 million

Assets & Annual Activity (2023):

  • Total assets: $210 million
  • Revenue: $11.6 million
  • Expenses: $10.2 million
  • Total liabilities: $0

Historical Context: The foundation received approximately $110 million when the Swartz family sold Timberland to V.F. Corporation in 2011.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$26M20202021202220232024
Metric202420232022
Total Assets$220,801,315$210,367,347$195,438,630
Revenue$23,722,214$11,556,492$17,509,121
Expenses$13,328,988$10,202,308$1,852,118
Qualifying Distributions$10,291,550$11,716,300$776,431
Net Investment Income$20,986,857$9,373,583$12,709,558
Distributable Amount$12,604,252$11,520,652$10,728,350

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M32 grants202029 grants202113 grants202216 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PEF ISRAEL ENDOWMENT FUN…$4.5MCOMBINED JEWISH PHILANTH…$3.0MAMERICAN FRIENDS OF MAOZ…$524KAMERICAN FRIENDS OF MAOZ…$485KHADASSAH MEDICAL ORGANIZ…$419KBZ MEDIA$250KSONDUK EL YANABIA$166KCAMP HACHSHARA-MOSHAVA O…$100KJEWISH FEDERATION OF SOU…$100KYESHIVA BETH YEHUDAH$100K

Grant Size Distribution

105 grants across all recorded years

59<$50K10$50–100K11$100–250K9$250–500K7$500K–1M9$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The Swartz Foundation was established by Sidney (Sydney) Swartz and Judith Swartz. Sidney Swartz is the former chairman and CEO of Timberland, the outdoor footwear and apparel company founded by his father Nathan Swartz in 1952.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SIDNEY W SWARTZTRUSTEE1
JEFFREY SWARTZTRUSTEE1
JUDITH SWARTZTRUSTEE1
DANIEL SWARTZOFFICER - DRE40

Contact Information

Address: c/o FWP, 2310 Washington Street, 3rd Floor, Newton, MA 02462

Phone: (617) 951-7000 or (617) 602-1901

Website: The foundation does not maintain a public website.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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