The Phillip Smith Foundation Richard Schwartz Trustee
The Phillip Smith Foundation Richard Schwartz Trustee is a private foundation, based in Amberley Village, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $50K. Net investment income was $20K.
Key facts about The Phillip Smith Foundation Richard Schwartz Trustee
In short: The Phillip Smith Foundation Richard Schwartz Trustee gave $50K across 9 grants in 2024 (avg $6K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- EIN
- 31-1469256
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $50,000
- Grants made (2024)
- 9
- Average grant
- $5,556
- Median grant
- $5,000
- Total assets
- $1,040,673
- Primary geography
- Ohio (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+4.7% YoY
Annual Giving
$50K
+6.4% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$6K
+18.2% YoY
How The Phillip Smith Foundation Richard Schwartz Trustee gives
- Giving grew 22% from 2021 to 2024. Method
- In 2023 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $41K (2020) to $50K (2024). In 2024 it made 9 grants totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Ronald McDonald House ($20K). Together the top 9 received $50K.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ronald McDonald House Cincinnati, OH | Kids in Need | $20,000 |
| Temple Sholom Blue Ash, OH | Children Programming | $9,500 |
| Cincinnati Dreams Come True Cincinnati, OH | Kids in Need | $5,000 |
| Jewish Family Services Cincinnati, OH | Kids in Need | $5,000 |
| Big Brothers Big Sisters Cincinnati, OH | Kids in Need | $5,000 |
| Prokids Cincinnati, OH | Kids in Need | $1,500 |
| Cincinnati Childrens Hospital Cincinnati, OH | Kids in Need | $1,500 |
| Happiness Is Advisory Committe Phoenix, AZ | Fight Childhood Hungry | $1,500 |
| Neediest Kids of All Cincinnati, OH | Kids in Need | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,040,673 | $994,083 | $973,063 |
| Revenue | $49,426 | $28,899 | $26,135 |
| Expenses | $59,836 | $47,900 | $45,093 |
| Qualifying Distributions | $50,000 | $47,000 | $43,250 |
| Net Investment Income | $19,707 | $18,558 | $15,251 |
| Distributable Amount | — | $42,633 | $46,691 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Phillip Smith Foundation Richard Schwartz Trustee is led by Richard M. Schwartz, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Richard M. Schwartz
Trustee
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 The Phillip Smith Foundation Richard Schwartz Trustee
How much does The Phillip Smith Foundation Richard Schwartz Trustee give each year?
The Phillip Smith Foundation Richard Schwartz Trustee gave $50K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $47K across 10 grants.
What is The Phillip Smith Foundation Richard Schwartz Trustee's typical grant size?
The Phillip Smith Foundation Richard Schwartz Trustee's median grant in 2024 was $5,000, and its average grant was $5,556, across 9 grants on its 2024 IRS Form 990-PF.
Where does The Phillip Smith Foundation Richard Schwartz Trustee give grants?
The Phillip Smith Foundation Richard Schwartz Trustee gives mostly in Ohio: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cincinnati, OH (7 grants).
Does The Phillip Smith Foundation Richard Schwartz Trustee give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on The Phillip Smith Foundation Richard Schwartz Trustee's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Kids in Need" (7 grants).
Who are The Phillip Smith Foundation Richard Schwartz Trustee's largest grantees?
The Phillip Smith Foundation Richard Schwartz Trustee's largest 2024 grantees include Ronald McDonald House ($20,000), Temple Sholom ($9,500) and Cincinnati Dreams Come True ($5,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.
How large is The Phillip Smith Foundation Richard Schwartz Trustee?
The Phillip Smith Foundation Richard Schwartz Trustee reported $1.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $49K.
What is The Phillip Smith Foundation Richard Schwartz Trustee's EIN?
The Phillip Smith Foundation Richard Schwartz Trustee's EIN (Employer Identification Number) is 31-1469256. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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