The Stephen & Carole Schwartz
The Stephen & Carole Schwartz is a private foundation based in New York, NY. Its 2024 filing reports grants to charitable organizations working in areas including theater, animal welfare, education, environmental protection, health, and civil liberties; these areas are reflected in the organizations and purposes listed, rather than in a stated foundation mission.
The Stephen & Carole Schwartz at a glance
In short: The Stephen & Carole Schwartz gave $457K across 46 grants in 2024 (avg $10K), mostly in New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $456,800
- +11.8% vs 2023
- Grants made (2024)
- 46
- +0.0% vs 2023
- Average grant
- $9,930
- +11.8% vs 2023
- Median grant
- $10,000
- Total assets
- $5,891,845
- +17.8% vs 2023
- New grantees (estimate)
- 24% first-time grantees (11 of 46, 2024)
- Primary geography
- New York (70% 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 The Stephen & Carole Schwartz
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Co Cohnreznick 1301 6 Ave 10Fl, New York, NY 10019
Phone: (212) 727-2300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Stephen & Carole Schwartz funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Bay St Theater ($75K). Together the top 10 received $225K.
Grant Size Distribution
189 grants across all recorded years
The most common grant size was under $50K: 182 grants of 189 (96%).
Geographic Focus
Where this funder awards grants
In 2024, 70% of grant dollars went to recipients in New York, 17% to Connecticut, 5% to Massachusetts, 4% to California, and 3% to Ohio.
Grant Distribution by State
Share of 2024 grant dollars across all 46 itemized grants.
States
Cities
Is The Stephen & Carole Schwartz open to new grantees?
24%
first-time grantees, 2024
In 2024, 11 of 46 grantees (24%) were first-time recipients. First grants averaged $7K; repeat grants $11K. How we count
Medians: $5K first-time, $10K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving fell 34% from 2021 to 2024. Method
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $267K (2020) to $695K (2021). In 2024 it made 46 grants totaling $457K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bay St Theater Sag Harbor, NY | An unrestricted grant to further the donee's exempt purpose | $75,000 |
| Brigham and Women's Hospital Boston, MA | An unrestricted grant to further the donee's exempt purpose | $25,000 |
| Climate Emergency Fund West Hollywood, CA | An unrestricted grant to further the donee's exempt purpose | $20,000 |
| Dramatists Legal Defense Fund New York, NY | An unrestricted grant to further the donee's exempt purpose | $20,000 |
| Rainforest Foundation New York, NY | An unrestricted grant to further the donee's exempt purpose | $20,000 |
| A New Chance Animal Rescue Bedford Hills, NY | An unrestricted grant to further the donee's exempt purpose | $15,000 |
| Cincinnati Zoo & Botanical Garden Cincinnati, OH | An unrestricted grant to further the donee's exempt purpose | $15,000 |
| SWT USA New York, NY | An unrestricted grant to further the donee's exempt purpose | $15,000 |
| Ackerman Inst New York, NY | An unrestricted grant to further the donee's exempt purpose | $10,000 |
| ACLU New York, NY | An unrestricted grant to further the donee's exempt purpose | $10,000 |
Ready to take the next step with The Stephen & Carole Schwartz?
Financial History
Multi-year comparison from IRS filings
The foundation reported 46 grants in 2024, 46 in 2023, and 21 in 2022.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,891,845 | $1,670,387 | $544,117 | $456,800 | 46 | $461,934 | $1,588,204 | $536,119 |
| 2023 | $5,000,521 | $782,633 | $480,908 | $408,750 | 46 | $412,675 | $655,698 | $421,652 |
| 2022 | $5,025,205 | $180,899 | $452,530 | $365,500 | 21 | $369,749 | $139,208 | $414,007 |
| 2021 | $4,970,427 | $594,535 | $780,119 | $695,000 | 49 | $702,769 | $610,627 | $479,491 |
| 2020 | $5,156,011 | $458,291 | $339,482 | $266,800 | 27 | — | $398,015 | $371,386 |
Under IRS private-foundation payout rules, The Stephen & Carole Schwartz reported a distributable amount of $536K 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 foundation mission is stated in the available information. Its 2024 grants included support for organizations with varied missions. For example, Rainforest Foundation says it supports Indigenous peoples and forest communities seeking to secure their lands, protect their environment, and uphold their rights. Climate Emergency Fund says it supports nonviolent climate activists demanding action on the climate emergency. Bank Street College of Education says its mission is to improve the education of children and their teachers. Other supported organizations include animal rescues and shelters, theater groups, and a dance foundation.
Grantmaking
In filing year 2024, the foundation made 46 grants totaling $456,800. Individual grants ranged from $800 to $75,000, with a median grant of $10,000. The largest reported grant was $75,000 to Bay St Theater. Other notable awards included $25,000 to Brigham and Women’s Hospital; $20,000 each to Climate Emergency Fund, Dramatists Legal Defense Fund, and Rainforest Foundation; and $15,000 each to A New Chance Animal Rescue, Cincinnati Zoo & Botanical Garden, and SWT USA. The stated purpose for the listed largest grants was an unrestricted grant to further each recipient’s exempt purpose.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stephen L. Schwartz as president and director, Carole A. Schwartz as secretary/treasurer and director, and Scott Schwartz as director.
The Stephen & Carole Schwartz is led by Stephen L. Schwartz, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stephen L. Schwartz
President & Director
On filings since 2020
1 hr/week
No compensation reported
Carole A. Schwartz
Secretary, Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Scott Schwartz
Director
On filings since 2020
1 hr/week
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 Stephen & Carole Schwartz
How much does The Stephen & Carole Schwartz give each year?
The Stephen & Carole Schwartz gave $457K across 46 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $409K across 46 grants.
What is The Stephen & Carole Schwartz's typical grant size?
The Stephen & Carole Schwartz's median grant in 2024 was $10,000, and its average grant was $9,930, across 46 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Stephen & Carole Schwartz that year got $7K on average.
Where does The Stephen & Carole Schwartz give grants?
The Stephen & Carole Schwartz gives mostly in New York: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (17%) and Massachusetts (5%). The most frequent recipient cities were New York, NY (24 grants), Ridgefield, CT (8 grants) and Bedford Hills, NY (2 grants).
Does The Stephen & Carole Schwartz give general operating support?
Yes: 100% of The Stephen & Carole Schwartz's 2024 grants with a stated purpose (46 of 46) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Stephen & Carole Schwartz's largest grantees?
The Stephen & Carole Schwartz's largest 2024 grantees include Bay St Theater ($75,000), Brigham and Women's Hospital ($25,000) and Climate Emergency Fund ($20,000), according to its 2024 IRS Form 990-PF. Together they received 26% of its itemized 2024 grant dollars.
How large is The Stephen & Carole Schwartz?
The Stephen & Carole Schwartz reported $5.9M in total assets on its 2024 IRS Form 990-PF. It paid out $462K in qualifying distributions that year, against a required minimum of $536K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Stephen & Carole Schwartz fund?
No foundation mission is stated in the available information. Its 2024 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from The Stephen & Carole Schwartz?
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Stephen & Carole Schwartz's EIN?
The Stephen & Carole Schwartz's EIN (Employer Identification Number) is 27-1557290. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Stephen & Carole Schwartz 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 The Stephen & Carole Schwartz funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Stephen & Carole Schwartz's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Stephen & Carole Schwartz funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/the-stephen-and-carole-schwartz-morg_4805392b2b604326a4bc6ce0fdbb324c
BibTeX
@misc{grantable_271557290_2026,
author = {{Grantable}},
title = {{The Stephen \& Carole Schwartz funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-stephen-and-carole-schwartz-morg_4805392b2b604326a4bc6ce0fdbb324c},
note = {Accessed 2026-10-19. 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 The Stephen & Carole Schwartz'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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