The Yitzchak and Miriam Schwartzman Foundation Inc

Private foundation · Grantmaker Morristown, NJ EIN: 26-2669819

The Yitzchak and Miriam Schwartzman Foundation Inc is a private foundation, based in Morristown, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grant totaling $210K. Net investment income was $92K.

The Yitzchak and Miriam Schwartzman Foundation Inc at a glance

In short: The Yitzchak and Miriam Schwartzman Foundation Inc gave $210K across 1 grant in 2024 (avg $210K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$210,000
+100.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$210,000
+100.0% vs 2023
Median grant
$210,000
Total assets
$1,702,833
-8.7% vs 2023
Primary geography
New Jersey (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who The Yitzchak and Miriam Schwartzman Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Rabbinical College of America: $210KRabbinical College of America$210K

The largest 2024 recipient was Rabbinical College of America ($210K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Morristown

How The Yitzchak and Miriam Schwartzman Foundation Inc gives

  • Giving grew 93% from 2021 to 2024. Method
  • In 2024 it paid out 281% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $75K (2020) to $210K (2024). In 2024 it made 1 grant totaling $210K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Rabbinical College of America Morristown, NJScholarship$210,000
Your AI grants department

Ready to take the next step with The Yitzchak and Miriam Schwartzman Foundation Inc?

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

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,702,833$70,339$231,618$210,0001$210,000$92,176$74,861
2023$1,864,112$86,198$117,085$105,0001$105,000$94,940$84,023
2022$1,897,390$99,052$118,400$100,0001$100,000$86,099$86,569
2021$1,916,738$170,776$126,877$109,0001$109,000$170,776$89,493
2020$1,872,839$80,617$78,000$75,0001—$80,617$84,519

Under IRS private-foundation payout rules, The Yitzchak and Miriam Schwartzman Foundation Inc reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Yitzchak and Miriam Schwartzman Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Rabbi Asher Zelig Herson

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rabbi Israel Goldberg

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Paul Feinberg (2020–2023) — Trustee
  • Former: Rabi Asher Zelig Herson (2023) — Trustee

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 Yitzchak and Miriam Schwartzman Foundation Inc

How much does The Yitzchak and Miriam Schwartzman Foundation Inc give each year?

The Yitzchak and Miriam Schwartzman Foundation Inc gave $210K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $105K across 1 grant.

How large is The Yitzchak and Miriam Schwartzman Foundation Inc?

The Yitzchak and Miriam Schwartzman Foundation Inc reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $210K in qualifying distributions that year, against a required minimum of $75K (roughly 5% of its investment assets).

Where does The Yitzchak and Miriam Schwartzman Foundation Inc operate?

The Yitzchak and Miriam Schwartzman Foundation Inc has awarded grants in New Jersey.

What is The Yitzchak and Miriam Schwartzman Foundation Inc's EIN?

The Yitzchak and Miriam Schwartzman Foundation Inc's EIN (Employer Identification Number) is 26-2669819. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in The Yitzchak and Miriam Schwartzman Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in New Jersey

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Yitzchak and Miriam Schwartzman Foundation Inc'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.

The Yitzchak and Miriam Schwartzman Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?