The Phillip Smith Foundation Richard Schwartz Trustee

Private foundation · Grantmaker Amberley Village, OH EIN: 31-1469256

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

4states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

CincinnatiBlue AshCoral GablesMemphisPhoenix

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2020 7 grants2021 8 grants2022 10 grants2023 9 grants2024

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

Ronald McDonald House: $20KRonald McDonald House$20KTemple Sholom: $10KTemple Sholom$10KCincinnati Dreams Come True: $5KCincinnati Dreams Come True$5KJewish Family Services: $5KJewish Family Services$5KBig Brothers Big Sisters: $5KBig Brothers Big Sisters$5KProkids: $2KProkids$2KCincinnati Childrens Hospital: $2KCincinnati Childrens Hospital$2KHappiness Is Advisory Committe: $2KHappiness Is Advisory Committe$2KNeediest Kids of All: $1KNeediest Kids of All$1K

The largest 2024 recipient was Ronald McDonald House ($20K). Together the top 9 received $50K.

Grant Size Distribution

41 grants across all recorded years

41<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 41 grants of 41 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ronald McDonald House Cincinnati, OHKids in Need$20,000
Temple Sholom Blue Ash, OHChildren Programming$9,500
Cincinnati Dreams Come True Cincinnati, OHKids in Need$5,000
Jewish Family Services Cincinnati, OHKids in Need$5,000
Big Brothers Big Sisters Cincinnati, OHKids in Need$5,000
Prokids Cincinnati, OHKids in Need$1,500
Cincinnati Childrens Hospital Cincinnati, OHKids in Need$1,500
Happiness Is Advisory Committe Phoenix, AZFight Childhood Hungry$1,500
Neediest Kids of All Cincinnati, OHKids in Need$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024
Metric202420232022
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

  1. 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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