The Yitzchak and Miriam Schwartzman

MORRISTOWN, NJ EIN: 26-2669819

The Yitzchak and Miriam Schwartzman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $210K. Net investment income was $92K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-8.7% YoY

Annual Giving

$210K

+100.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$210K

+100.0% YoY

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

About The Yitzchak and Miriam Schwartzman

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $599K (100%)

States

New Jersey

Cities

Morristown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,702,833	$1,864,112	$1,897,390
Revenue	$70,339	$86,198	$99,052
Expenses	$231,618	$117,085	$118,400
Qualifying Distributions	$210,000	$105,000	$100,000
Net Investment Income	$92,176	$94,940	$86,099
Distributable Amount	$74,861	$84,023	$86,569

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rabbinical College of America ($210,000).

Recipient	Purpose	Amount
RABBINICAL COLLEGE OF AMERICA MORRISTOWN, NJ	SCHOLARSHIP	$210,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RABBI MENACHEM HERSON	TRUSTEE	1	—
RABBI ISRAEL GOLDBERG	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Yitzchak and Miriam Schwartzman?

The Yitzchak and Miriam Schwartzman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORRISTOWN, NJ. It holds $1.7M in total assets as of 2024.

How large is The Yitzchak and Miriam Schwartzman?

As of 2024, The Yitzchak and Miriam Schwartzman holds $1.7M in total assets with $70K in annual revenue. It awarded 1 grants totaling $210K in 2024.

Where does The Yitzchak and Miriam Schwartzman operate?

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

What size grants does The Yitzchak and Miriam Schwartzman award?

In 2024, The Yitzchak and Miriam Schwartzman awarded 1 grants totaling $210K — an average of about $210K per grant, based on its IRS Form 990 filings.

How much is The Yitzchak and Miriam Schwartzman required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Yitzchak and Miriam Schwartzman reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Yitzchak and Miriam Schwartzman's EIN?

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