The Schwartz Creed Foundation

Foundation · Grantmaker MT LAUREL, NJ EIN: 23-2267403

EducationPhilanthropyNonprofitsReligionJudaism

The Schwartz Creed Foundation is a private family foundation based in Mount Laurel, New Jersey. The organization holds 501(c)(3) tax-exempt status and operates as a grantmaking entity focused on philanthropic support across multiple sectors.

Key facts about The Schwartz Creed Foundation

EIN: 23-2267403
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $2,364,992
Grants made (2025): 16
Average grant: $147,812
Median grant: $6,250
Total assets: $16,225,271
Primary geography: New Jersey (70% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated June 2026.

Who The Schwartz Creed Foundation funds

By grant dollars, the top recipient states for The Schwartz Creed Foundation's 16 itemized 2025 grants were New Jersey (70%), Pennsylvania (17%) and Illinois (13%). The most frequent recipient cities were Philadelphia, PA (5 grants) and Mt Laurel, NJ (2 grants). None of its 16 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (16 grants).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$16.2M

-5.7% YoY

Annual Giving

$2.4M

+42.5% YoY

Grant Count

-42.9% YoY

Avg Grant Size

$148K

+149.4% YoY

Under IRS private-foundation payout rules, The Schwartz Creed Foundation reported a distributable amount of $1.4M for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation provides giving primarily for Jewish organizations, with additional funding directed toward education and human services.

Your AI grants department

Ready to take the next step with The Schwartz Creed Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $1.7M (70%)

Pennsylvania $404K (17%)

Illinois $300K (13%)

California $300 (0%)

Share of all 16 itemized 2025 grant dollars.

States

Arizona California Iowa Illinois Maryland New Jersey New York Pennsylvania Texas

Cities

PhiladelphiaMt LaurelAtlantic CityBala CynwydNew YorkFlushingGlassboroJenkintownArdmoreCamdenCherry HillAltadenaRockvilleWayneWynnewoodBrooklynChestnut HillLos AngelesMoorestownNew Port Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$16,225,271	$17,205,587	$17,340,722
Revenue	$1,506,664	$1,608,126	$322,269
Expenses	$2,486,980	$1,743,289	$1,647,583
Qualifying Distributions	$2,364,992	$1,659,301	$1,555,793
Net Investment Income	$1,419,737	$1,524,138	$137,394
Distributable Amount	$1,401,498	$1,457,731	$1,403,268

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

125 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Education Initiatives Inc ($1,337,000), J'chai ($340,000), International Fellowship of Christians and Jews ($300,000).

Recipient	Purpose	Amount
EDUCATION INITIATIVES INC MT LAUREL, NJ	CHARITABLE	$1,337,000
J'CHAI BALA CYNWYD, PA	CHARITABLE	$340,000
INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS CHICAGO, IL	CHARITABLE	$300,000
FOUNDATIONS INC MT LAUREL, NJ	CHARITABLE	$222,583
LA CASA DOMINICANA OF NEW JERSEY INC ATLANTIC CITY, NJ	CHARITABLE	$87,859
BETHESDA PROJECT PHILADELPHIA, PA	CHARITABLE	$40,000
PHILADELPHIA RONALD MCDONALD HOUSE PHILADELPHIA, PA	CHARITABLE	$12,500
JEWISH FAMILY AND CHILDREN'S SERVICES MAPLE SHADE, NJ	CHARITABLE	$7,500
GLASSBORO BOARD OF EDUCATION GLASSBORO, NJ	CHARITABLE	$5,000
CONGREGATION RODEPH SHALOM PHILADELPHIA, PA	CHARITABLE	$4,500

Leadership & Key People

Leadership team and compensation from IRS filings

Robert Schwartz is listed as a contact associated with the foundation.

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
ROBERT SCHWARTZ	CHAIRMAN	—	—
EDWARD GLICKMAN	DIRECTOR	—	—
LOIS SCHWARTZ	DIRECTOR	—	—
MICHAEL SCHWARTZ	DIRECTOR	—	—
JUDITH CREED	DIRECTOR	—	—
JOSH DESIPIO	DIRECTOR	—	—
JENNIFER SELBER	DIRECTOR	—	—
MELISSA SCHWARTZ	DIRECTOR	—	—
JESSE SELBER	DIRECTOR	—	—
JONAH SELBER	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

EducationPhilanthropyNonprofitsReligionJudaism

Frequently Asked Questions

What does The Schwartz Creed Foundation fund?

The foundation provides giving primarily for Jewish organizations, with additional funding directed toward education and human services.

What size grants does The Schwartz Creed Foundation award?

In 2025, The Schwartz Creed Foundation awarded 16 grants totaling $2.4M — an average of about $148K per grant, based on its IRS Form 990 filings.

How much is The Schwartz Creed Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Schwartz Creed Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.