STEPHEN A SCHWARZMAN FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- STEPHEN A SCHWARZMAN FOUNDATION (EIN 47-4634539)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-08
- IRS object ID
- 202313129349100211
- Schema version
- 2022v5.0
- 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
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-08T07:54:37-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474634539 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN A SCHWARZMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEP | BusinessNameControlTxt |
| Phone | 2125835794 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10154 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN MAGLIANO | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2125835794 | PhoneNum |
| Signature | 2023-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | MAGLIANO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARIE ARRIGO | PreparerPersonNm |
| PTIN | P00058583 | PTIN |
| Phone | 2129498700 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $39,666,069 | 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 | $27,887,907 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $850,054 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $850,054 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$557,087 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $23,366,186 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,854,582 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$816,770 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $27,364,104 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,704,636 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $780,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $7,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $772,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $844,245 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $844,245 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $118,209 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $118,209 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $508,215 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $508,215 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,600 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $390,833 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $390,833 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $356,528 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $16,547 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,414 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $109,947 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $109,997 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $149,354 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $82,606 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,264,345 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,047 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,831,205 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $78,860,243 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $78,860,243 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $82,124,588 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,047 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $81,691,448 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$54,760,484 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,680,589 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $590,151 | CashBOYAmt |
| Cash EOY | $224,019 | CashEOYAmt |
| Cash EOYFMV | $224,019 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $30,799,527 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,812,288 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,812,288 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $90,153,402 | CorporateStockBOYAmt |
| Corporate Stock EOY | $36,554,908 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $36,554,908 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,477,734 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $12,069 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,963 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,324 | LandBOYAmt |
| Land EOY | $8,106 | LandEOYAmt |
| Land EOYFMV | $8,106 | LandEOYFMVAmt |
| Other Assets BOY | $133,497 | OtherAssetsBOYAmt |
| Other Assets EOY | $66,748 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $66,748 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $124,156,635 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,666,069 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,666,069 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $124,156,635 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $39,666,069 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $124,156,635 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,666,069 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $124,156,635 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $39,666,069 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $124,156,635 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$54,760,484 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $69,396,151 | SubtotalAmt |
| Other Decreases | $29,730,082 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $39,666,069 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| MARKETABLE SECURITIES | $20,863,811 | $10,635,017 | $10,228,794 | $10,228,794 |
| VIRTUS KAR MID-CAP GROWTH FUND ETF | $2,502,375 | $1,876,587 | $625,788 | $625,788 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,854,582 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $162,360 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $162,360 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $162,360 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $273,808 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $273,808 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $111,448 | OverpaymentAmt |
| Applied To ES Tax | $111,448 | 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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| 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 | N/A | WebsiteAddressTxt |
| Individual With Books | JOHN MAGLIANO | IndividualWithBooksNm |
| Phone | 2125835794 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10154 | 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 (7 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 | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | CHAIRMAN & DIRECTOR | 1.00 | $0 | $0 | $0 |
| JEFFREY A ROSEN AS OF 452022 | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | VICE-CHAIRMAN & DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOHN A MAGLIANO | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | TREASURER & DIRECTOR | 8.00 | $150,000 | $0 | $0 |
| PAUL A WHITE | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | SECRETARY | 2.00 | $0 | $0 | $0 |
| BRUCE SIMPSON TO 122 | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | CEO & DIRECTOR | 40.00 | $0 | $0 | $0 |
| MARK E SCHWARZMAN | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| AMY STURSBERG | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | EXECUTIVE DIRECTOR OF PHILANTHROPY | 25.00 | $630,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MICHELLE MEYERCORD | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | DEPUTY DIRECTOR | 40.00 | $566,000 | $5,000 | $58,521 |
| MOLLY TILTON | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | PROGRAM MANAGER | 40.00 | $216,064 | $5,000 | $28,739 |
| KATHERINE ADRIAN | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | PROGRAM COORDINATOR | 40.00 | $62,181 | $0 | $11,679 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SIMPSON THACHER & BARTLETT LLP | |||||
| 425 LEXINGTON AVENUE | NEW YORK | NY | 10017 | LEGAL SERVICES | $508,215 |
| ARTS MANAGER LLC | |||||
| 1300 PENNSYLVANIA AVE | WASHINGTON | DC | 20004 | COMMUNICATIONS CONSULTING | $228,331 |
| ROCKEFELLER PHILANTHROPY ADVISORS | |||||
| 90 CHURCH ST FL 1 7082 | NEW YORK | NY | 10008 | PHILANTHROPIC STRATEGY ADVISORS | $141,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $51,931,175 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,684,837 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $67,616,012 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $67,616,012 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,014,240 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $66,601,772 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,330,089 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,330,089 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $162,360 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $162,360 | TotalTaxAmt |
| Distributable Before Adj | $3,167,729 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,167,729 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,167,729 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $81,691,448 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $16,414 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $81,707,862 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,167,729 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $7,287,844 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $40,622,946 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $56,341,160 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $64,220,989 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $168,472,939 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $81,707,862 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,167,729 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $78,540,133 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $247,013,072 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $247,013,072 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,287,844 | ExcessFromYear4Amt |
| Excess From Year3 | $40,622,946 | ExcessFromYear3Amt |
| Excess From Year2 | $56,341,160 | ExcessFromYear2Amt |
| Excess From Year1 | $64,220,989 | ExcessFromYear1Amt |
| Excess From Current Year | $78,540,133 | 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 (16 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ANIMAL MEDICAL CENTER | |||||||||||
| 510 E 62ND STREET | NEW YORK | NY | 10065 | NONE | PC | TO SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTERS FACILITIES | $8,221,669 | ||||
| ASIA SOCIETY | |||||||||||
| 725 PARK AVENUE | NEW YORK | NY | 10021 | NONE | PC | GENERAL SUPPORT | $2,492,942 | ||||
| FOUNDATION FOR ABINGTON SCHOOL DISTRICT | |||||||||||
| 970 HIGHLAND AVENUE | ABINGTON | PA | 19001 | NONE | PC | TO SUPPORT THE BUILDING OF THE "STEPHEN A. SCHWARZMAN CENTER FOR SCIENCE & TECHNOLOGY" | $3,439,316 | ||||
| HARVARD BUSINESS SCHOOL | |||||||||||
| TEELE HALL SOLDIERS FIELD | BOSTON | MA | 02163 | NONE | PC | ESTABLISH "STEPHEN A. SCHWARZMAN RESEARCH FUND ON ARTIFICIAL INTELLIGENCE IN BUSINESS" | $983,926 | ||||
| INNER-CITY SCHOLARSHIP FUND | |||||||||||
| 1011 FIRST AVENUE SUITE 1800 | NEW YORK | NY | 10022 | NONE | PC | TO SUPPORT EMERGENCY TUITION ASSISTANCE | $759,969 | ||||
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||||
| 600 MEMORIAL DRIVE THIRD FLOOR | CAMBRIDGE | MA | 021394819 | NONE | PC | TO SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE | $25,621,717 | ||||
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||||
| 600 MEMORIAL DRIVE THIRD FLOOR | CAMBRIDGE | MA | 021394819 | NONE | PC | TO SUPPORT THE ARTIFICIAL INTELLIGENCE POLICY FOR THE WORLD PROJECT | $100,000 | ||||
| MUSEUM OF LANGUAGE ARTS (PLANET WORD) | |||||||||||
| 925 13TH STREET NW | WASHINGTON | DC | 20005 | NONE | PC | GENERAL SUPPORT | $731,136 | ||||
| NATIONAL COMMITTEE ON US-CHINA RELATIONS | |||||||||||
| 6 EAST 43RD STREET FLOOR 24 | NEW YORK | NY | 10017 | NONE | PC | GENERAL SUPPORT | $1,012,963 | ||||
| PALM BEACH COUNTY FOOD BANK | |||||||||||
| 701 BOUTWELL RD | LAKE WORTH | FL | 33461 | NONE | PC | TO SUPPORT THE WEEKEND FOOD FOR KIDS PROGRAM | $1,624,400 | ||||
| THE FRICK COLLECTION | |||||||||||
| 1 EAST 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | TO SUPPORT THE CREATION OF A STATE-OF-THE-ART AUDITORIUM | $7,510,479 | ||||
| THE FRICK COLLECTION | |||||||||||
| 1 EAST 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | GENERAL SUPPORT | $450,000 | ||||
| UNIVERSITY OF OXFORD | |||||||||||
| NONE | PC | TO SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY | $12,180,500 | GIFT REGISTRY UNIVERSITY OFFICES | WELLINGTON SQUARE OXFORD | UK | OX1 2JD | ||||
| UNIVERSITY OF OXFORD | |||||||||||
| NONE | PC | TO SUPPORT BUILDING ENHANCEMENT COSTS AT THE UNIVERSITY | $7,418,050 | GIFT REGISTRY UNIVERSITY OFFICES | WELLINGTON SQUARE OXFORD | UK | OX1 2JD | ||||
| UNIVERSITY OF OXFORD | |||||||||||
| NONE | PC | TO SUPPORT AN ENDOWMENT IN GLOBAL SECURITY AT THE BLAVATNIK SCHOOL OF GOVERNMENT | $3,535,200 | GIFT REGISTRY UNIVERSITY OFFICES | WELLINGTON SQUARE OXFORD | UK | OX1 2JD | ||||
| USA TRACK & FIELD FOUNDATION | |||||||||||
| 217 NORTH LINCOLN AVENUE | SALEM | OH | 44460 | NONE | PC | TO SUPPORT ATHLETES IN U.S. TRACK & FIELD AT WORLD CHAMPIONSHIPS AND OLYMPIC COMPETITIONS | $2,777,976 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $78,860,243 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $850,054 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$557,087 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOSS ON FOREIGN CURRENCY EXCHANGE | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$816,770 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$523,803 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$523,803 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | STEPHEN A SCHWARZMAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $27,887,907 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | DONATED MARKETABLE SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $27,887,907 | FairMarketValueAmt |
| Received | 2022-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EISNER ADVISORY GROUP LLC | CategoryTxt |
| Amt | $4,600 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,600 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AQR LARGE CAP DEFENSIVE STYLE FUND | $2,943,476 | $2,943,476 |
| INVESCO QQQ TRUST ETF | $2,594,100 | $2,594,100 |
| INVESCO S&P 500 EQUIAL WEIGHT ETF | $7,551,225 | $7,551,225 |
| ISHARES CORE S&P 500 ETF | $7,196,253 | $7,196,253 |
| ISHARES S&P 500 VALUE | $60,929 | $60,929 |
| SPDR S&P 500 ETF | $9,943,180 | $9,943,180 |
| SPDR S&P DIVIDEND ETF | $3,016,402 | $3,016,402 |
| SPDR S&P BANK ETF | $332,304 | $332,304 |
| VANGUARD DIVIDEND APPRECIATION ETF | $2,917,039 | $2,917,039 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | COMPUTER EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $12,069 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $3,963 | AccumulatedDepreciationAmt |
| Book Value | $8,106 | BookValueAmt |
| EOYFMV | $8,106 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | DURING 2022, THE VALUE OF THE FOUNDATION'S INVESTMENT ASSETS WAS IMPACTED BY ADVERSE MARKET CONDITIONS AND THE FOUNDATION ALSO RECEIVED FEWER CONTRIBUTIONS THAN IN PRIOR YEARS. NONETHELESS, THE FOUNDATION CONTINUED ITS SIGNIFICANT GRANTMAKING ACTIVITIES IN FURTHERANCE OF ITS CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION REALIZED A SUBSTANTIAL CONTRACTION OF THE FAIR MARKET VALUE OF ITS NET ASSETS AT THE BEGINNING OF THE YEAR AS A RESULT OF THESE COMBINED CIRCUMSTANCES. THE FOUNDATION HAS NO PLANS FOR LIQUIDATION, DISSOLUTION OR TERMINATION. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SIMPSON THACHER & BARTLETT LLP | CategoryTxt |
| Legal Fees | $508,215 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $508,215 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WEBSITE COSTS, NET | Desc |
| BOY Book Value | $133,497 | BOYBookValueAmt |
| EOY Book Value | $66,748 | EOYBookValueAmt |
| EOYFMV | $66,748 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | $18,297,962 |
| UNREALIZED LOSS ON DONATED INVESTMENTS | $11,432,120 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $50,797 | $0 | $50,797 |
| WEBSITE AMORTIZATION | $66,748 | $0 | $0 |
| INFORMATION TECHNOLOGY COSTS | $20,877 | $0 | $20,877 |
| SUBSCRIPTION EXPENSES | $2,983 | $0 | $2,983 |
| STATE REGISTRATION FEES | $1,500 | $0 | $1,500 |
| OTHER EXPENSES | $6,449 | $0 | $6,449 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOSS ON FOREIGN CURRENCY EXCHANGE | Desc |
| Revenue And Expenses Per Books | -$816,770 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | -$816,770 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| COMMUNICATIONS CONSULTING | $228,331 | $0 | $228,331 |
| PHILANTHROPIC STRATEGY CONSULTING | $141,652 | $0 | $141,652 |
| OTHER PROFESSIONAL FEES | $20,850 | $0 | $20,850 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAXES | $339,981 | $0 | $0 |
| FOREIGN TAXES PAID | $16,547 | $16,547 | $0 |