STEPHEN A SCHWARZMAN EDUCATION FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- STEPHEN A SCHWARZMAN EDUCATION FOUNDATION (EIN 45-4757735)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-07
- IRS object ID
- 202423129349101432
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-07T13:13:47-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 733 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454757735 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN A SCHWARZMAN EDUCATION | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEP | BusinessNameControlTxt |
| Phone | 2123148745 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 641 LEXINGTON AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YIXIN HELEN SANTALONE | PersonNm |
| Person Title | CHIEF FINANCIAL & OPS OFFICER | PersonTitleTxt |
| Phone | 2123148745 | PhoneNum |
| Signature | 2024-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GINA RACHEL | PreparerPersonNm |
| PTIN | P01216293 | PTIN |
| Phone | 2129498700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,760,668 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $25,476,606 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $236 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $236 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $99,942 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $99,942 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $22,557 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $25,599,341 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $100,178 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $2,125,624 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $19,696 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $2,105,928 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,396,109 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $5,396,109 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,466,352 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,068 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,464,284 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,528,163 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,528,163 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $251,206 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $251,206 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,400,873 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $3,400,873 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $26,057 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $80,974 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $403,060 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $403,060 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,905,875 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,905,875 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,925,231 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,925,231 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,509,524 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,764 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $20,380,729 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,479,301 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,479,301 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $26,988,825 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,764 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $26,860,030 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,389,484 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $78,414 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $14,722,576 | CashBOYAmt |
| Cash EOY | $13,315,960 | CashEOYAmt |
| Cash EOYFMV | $13,315,960 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,308,042 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,406,779 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,406,779 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $462,812 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $424,883 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $118,903 | LandBOYAmt |
| Land EOY | $37,929 | LandEOYAmt |
| Land EOYFMV | $37,929 | LandEOYFMVAmt |
| Total Assets BOY | $17,149,521 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,760,668 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,760,668 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $17,149,521 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $15,760,668 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,149,521 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,760,668 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,149,521 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,760,668 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,149,521 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,389,484 | ExcessRevenueOverExpensesAmt |
| Other Increases | $631 | OtherIncreasesAmt |
| Subtotal | $15,760,668 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,760,668 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,090 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,090 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,090 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,908 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,908 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,818 | OverpaymentAmt |
| Applied To ES Tax | $1,818 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.SCHWARZMANSCHOLARS.ORG | WebsiteAddressTxt |
| Individual With Books | YIXEN HELEN SANTALONE | IndividualWithBooksNm |
| Phone | 2123148745 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 641 LEXINGTON AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| STEPHEN A SCHWARZMAN | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | CHAIRMAN AND DIRECTOR | 10.00 | $0 | $0 | $0 |
| JOHN A MAGLIANO | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | VICE PRESIDENT & TREASURER | 10.00 | $150,000 | $0 | $0 |
| PAUL WHITE | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | SECRETARY | 5.00 | $0 | $0 | $0 |
| AMY STURSBERG | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | CEO AND DIRECTOR | 22.00 | $568,120 | $0 | $0 |
| JANE SPENCER EDWARDS | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $10,000 | $0 | $0 |
| MICHAEL EVANS | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| NITIN NOHRIA | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $10,000 | $0 | $0 |
| STEVE ORLINS | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| JOSHUA RAMO | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| JEFFREY ROSEN | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| KEVIN RUDD | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| EDWARD SCHWARZMAN | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| HEUNG YEUNG HARRY SHUM | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $10,000 | $0 | $0 |
| NGAIRE WOODS | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 0.25 | $10,000 | $0 | $0 |
| LARISSA TIEDENS | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | EXECUTIVE DIRECTOR | 40.00 | $1,014,949 | $5,000 | $50,527 |
| YIXIN HELEN SANTALONE | ||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | CHIEF FINANCIAL & OPERATIONS OFFICER | 40.00 | $352,555 | $5,000 | $36,361 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| PHILIP EDWARD TREGASKIS | ||||||||
| 641 LEXINGTON AVE | NEW YORK | NY | 10022 | GM/BUILDING OPERATIO | 40.00 | $400,291 | $0 | $97,396 |
| RAPHAEL MOFFETT | ||||||||
| 641 LEXINGTON AVE | NEW YORK | NY | 10022 | CHIEF OF STUDENT AFF | 40.00 | $319,000 | $0 | $129,208 |
| JULIA M ZUPKO | ||||||||
| 641 LEXINGTON AVE | NEW YORK | NY | 10022 | DIRECTOR CAREER SERV | 40.00 | $333,647 | $5,000 | $52,334 |
| CORDEL L FAULK | ||||||||
| 641 LEXINGTON AVE | NEW YORK | NY | 10022 | GLOBAL DIRECTOR ADMI | 40.00 | $354,363 | $4,800 | $19,567 |
| JOAN KAUFMAN | ||||||||
| 641 LEXINGTON AVE | NEW YORK | NY | 10022 | DIRECTOR OF ACADEMIC | 40.00 | $328,006 | $5,000 | $35,608 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 38 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Address Line2ForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GSA PROPERTY MGT LIMITED | |||||||||||
| 2 KEXUEYUAN S RD | BEIJING | HAIDIAN | CH | 100190 | BUILDING MANAGEMENT | $1,816,662 | |||||
| READY SET ROCKET | |||||||||||
| MARKETING STRATEGY | $1,323,155 | 636 BROADWAY | NEW YORK | NY | 10012 | ||||||
| SIMPSON THACHER & BARTLETT LLP | |||||||||||
| LEGAL SERVICES | $841,012 | 425 LEXINGTON AVENUE | NEW YORK | NY | 10017 | ||||||
| CLIFFORD CHANCE LLC | |||||||||||
| 10 UPPER BANK STREET | LONDON | UK | E14 5JJ | LEGAL SERVICES | $619,615 | ||||||
| TENGXUAN BEIJING TRAVEL SERVICE CO LTD | |||||||||||
| 50519 FLOOR 5 BUILDING D GALAXY | BEIJING | DONGCHEN DISTRICT | CH | TRAVEL SERVICES | $423,344 | SOHO | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 15 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE SCHWARZMAN SCHOLARS AND SCHWARZMAN COLLEGE:THE PROGRAM SUPPORTS UP TO 200 SCHOLARS ANNUALLY FROM THE U.S., CHINA AND AROUND THE WORLD FOR A ONE-YEAR MASTER'S DEGREE PROGRAM AT TSINGHUA UNIVERSITY IN BEIJING, WHERE A RESIDENTIAL COLLEGE WAS CONSTRUCTED THAT WAS MODELED AFTER THE RESIDENTIAL COLLEGES AT HARVARD, YALE, OXFORD AND CAMBRIDGE. SCHOLARS CHOSEN FOR THIS HIGHLY SELECTIVE PROGRAM RESIDE IN BEIJING FOR A YEAR OF STUDY AND CULTURAL IMMERSION, ATTENDING LECTURES, TRAVELING, AND DEVELOPING A BETTER UNDERSTANDING OF CHINA. | Description1Txt |
| Expenses1 | $19,542,903 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $16,551,541 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,551,541 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,551,541 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $248,273 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,303,268 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $815,163 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $815,163 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,090 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,090 | TotalTaxAmt |
| Distributable Before Adj | $814,073 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $814,073 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $814,073 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $26,860,030 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $26,860,030 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $814,073 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $18,304,136 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $15,616,341 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $23,772,252 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $25,020,217 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $19,686,581 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $102,399,527 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $26,860,030 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $814,073 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $26,045,957 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $128,445,484 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $18,304,136 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $110,141,348 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $15,616,341 | ExcessFromYear4Amt |
| Excess From Year3 | $23,772,252 | ExcessFromYear3Amt |
| Excess From Year2 | $25,020,217 | ExcessFromYear2Amt |
| Excess From Year1 | $19,686,581 | ExcessFromYear1Amt |
| Excess From Current Year | $26,045,957 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN A SCHWARZMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE | |||||||||||
| 1779 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | NONE | PC | ACADEMIC SUPPORT INITIATIVES | $74,232 | ||||
| ROYAL INSTITUTE FOR INTERNATIONAL AFFAIRS | |||||||||||
| NONE | PC | SUPPORT FOR FELLOWSHIP PROGRAM | $94,224 | CHATHAM HOUSE 10 ST JAMES STREET | LONDON | UK | SW11YY4LE | ||||
| WOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS | |||||||||||
| 1300 PENNSYLVANIA AVENUE NW | WASHINGTON | DC | 20004 | NONE | PC | SUPPORT FOR SCHWARZMAN SCHOLARS PROGRAM | $100,000 | ||||
| TSINGHUA UNIVERSITY EDUCATION FOUNDATION | |||||||||||
| NONE | PC | SUPPORT FOR SCHWARZMAN SCHOLARS PROGRAM | $5,930,000 | TSINGHUA UNIVERSITY | BEIJING | CH | 100084 | ||||
| INSTITUTE OF INTERNATIONAL EDUCATION | |||||||||||
| ONE WORLD TRADE CENTER | NEW YORK | NY | 10007 | NONE | PC | SUPPORT FOR THE FELLOWSHIP PROGRAM | $280,845 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,479,301 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROYAL INSTITUTE FOR INTERNATIONAL AFFAIRS | |||||||||||
| CHATHAM HOUSE 10 ST JAMES STREET | LONDON | UK | SW11YY4LE | NONE | PC | SUPPORT FELLOWSHIP PROGRAM | $101,097 | ||||
| WOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS | |||||||||||
| NONE | PC | SUPPORT FOR SCHWARZMAN SCHOLARS PROGRAM | $125,000 | 1300 PENNSYLVANIA AVENUE NW | WASHINGTON | DC | 20004 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $226,097 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $236 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $99,942 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PAYROLL TAX REFUNDS | 01 | $17,351 |
| EXCISE TAX REFUND | 01 | $5,206 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $122,735 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $122,735 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorForeignAddress/AddressLine1Txt | CityContributorForeignAddress/CityNm | CountryContributorForeignAddress/CountryCd | Foreign PostalContributorForeignAddress/ForeignPostalCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| TSINGHUA UNIVERSITY EDUCATION FOUNDATION | ||||||||||
| 1 | HAIDIAN DISTRICT | BEIJING | CH | 100084 | $24,832,000 | Yes (X) | ||||
| STEPHEN A SCHWARZMAN | ||||||||||
| 2 | $554,606 | Yes (X) | 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | ||||
| STEPHEN A SCHWARZMAN SCHOLARS TRUST | ||||||||||
| 3 | MARINA BAY FINANCIAL CENTRE TOWER 2 | MARIA BLV | SN | 018983 | $90,000 | Yes (X) | ||||
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANDREAS ESBERG & COMPANY LLP | $163,758 | $0 | $163,758 |
| OTHER TAX PREPARATION FEES | $34,800 | $0 | $34,800 |
| KPMG | $7,500 | $0 | $7,500 |
| EISNER ADVISORY GROUP LLC | $45,148 | $0 | $45,148 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| IMPROVEMENTS | $202,730 | $202,730 | $0 | |
| FURNITURE | $202,183 | $164,262 | $37,921 | $37,921 |
| EQUIPMENT | $57,899 | $57,891 | $8 | $8 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (4 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SIMPSON THACHER & BARTLETT LLP | $841,012 | $0 | $841,012 |
| CLIFFORD CHANCE LLP | $619,615 | $0 | $619,615 |
| HOGAN LOVELLS US LLP | $58,936 | $0 | $58,936 |
| OTHER LEGAL | $8,600 | $0 | $8,600 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| RECRUITMENT MARKETING | $2,211,597 | $0 | $2,211,597 |
| MAINTENANCE - BEIJING CAMPUS | $877,396 | $0 | $877,396 |
| INSURANCE | $151,056 | $0 | $151,056 |
| ADMISSIONS-RELATED EVENTS | $178,496 | $0 | $178,496 |
| ALUMNI ACTIVITIES | $162,628 | $0 | $162,628 |
| 5TH COHORT GATHERING COSTS | $133,709 | $0 | $133,709 |
| TELEPHONE AND INTERNET | $71,819 | $0 | $71,819 |
| OFFICE SUPPLIES AND FURNITURE | $82,703 | $0 | $82,703 |
| SUBSCRIPTIONS | $20,514 | $0 | $20,514 |
| EQUIPMENT SERVICES AND POSTAGE | $7,223 | $0 | $7,223 |
| FILING FEES | $725 | $0 | $725 |
| OTHER EXPENSES | $27,365 | $0 | $27,365 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| PAYROLL TAX REFUNDS | $17,351 | $17,351 |
| EXCISE TAX REFUND | $5,206 | $5,206 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INSTITUTIONAL CASH FUND | Desc |
| Amt | $631 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (9 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CAMPUS PROPERTY MANAGEMENT | $1,027,809 | $0 | $1,027,809 |
| ACADEMIC CONSULTING | $849,708 | $0 | $849,708 |
| INFORMATION TECHNOLOGY | $721,137 | $0 | $721,137 |
| ADMISSIONS CONSULTING SERVICES | $261,155 | $0 | $261,155 |
| STUDENT LIFE SUPPORT SERVICES | $15,903 | $0 | $15,903 |
| HUMAN RESOURCES CONSULTING | $70,461 | $0 | $70,461 |
| COHORT GATHERING CONSULTING | $80,713 | $0 | $80,713 |
| LEADERSHIP CONSULTING | $213,823 | $0 | $213,823 |
| ADMINISTRATIVE SERVICES AND TALENT SEARCH | $160,164 | $0 | $160,164 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $26,057 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |