The Yitzchak and Miriam Schwartzman Foundation Inc
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.
Key facts about The Yitzchak and Miriam Schwartzman Foundation Inc
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.
- EIN
- 26-2669819
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $210,000
- Grants made (2024)
- 1
- Average grant
- $210,000
- Median grant
- $210,000
- Total assets
- $1,702,833
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
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
1
+0.0% YoY
Avg Grant Size
$210K
+100.0% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $75K (2020) to $210K (2024). In 2024 it made 1 grant totaling $210K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Rabbinical College of America ($210K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rabbinical College of America Morristown, NJ | Scholarship | $210,000 |
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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.
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