SCHWARTZ FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SCHWARTZ FOUNDATION (EIN 23-2267403)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-02-02
- IRS object ID
- 202200339349100610
- Schema version
- 2020v4.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-02-02T13:31:35-06:00 | ReturnTs |
| Tax Period End | 2021-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 231980475 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KREISCHER MILLER | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WITMER ROAD SUITE 350 | AddressLine1Txt |
| City | HORSHAM | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190442369 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232267403 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHWARTZ FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O ROBERT SCHWARTZ | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHW | BusinessNameControlTxt |
| Phone | 8567789200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 821 EAST GATE DRIVE | AddressLine1Txt |
| City | MT LAUREL | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08054 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT SCHWARTZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8567789200 | PhoneNum |
| Signature | 2022-01-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | SCHWARTZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALLISON SHOEMAKER | PreparerPersonNm |
| PTIN | P00468621 | PTIN |
| Phone | 2154414600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $34,528,813 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $100,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $24,231 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $24,231 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $286,084 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $286,084 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $931,567 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,814,707 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $931,567 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,028 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,028 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,344,910 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,244,910 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,000 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $1,193 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $251 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $236 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $94,640 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $94,640 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $100,084 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $98,876 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,532,875 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,532,875 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,632,959 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $98,876 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,532,875 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$288,049 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,146,034 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $88,938 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $83,261 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $83,261 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,440,507 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,531,346 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,703,239 | CorporateStockEOYFMVAmt |
| Mortgage Loans BOY | $433 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $134 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $135 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $16,987,826 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,613,114 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $29,736,916 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,462 | OtherAssetsBOYAmt |
| Other Assets EOY | $5,262 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $5,262 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $19,521,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,233,117 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $34,528,813 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $23,720,181 | CapitalStockBOYAmt |
| Capital Stock EOY | $23,720,181 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$4,199,015 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$4,487,064 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,521,166 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,233,117 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,521,166 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,233,117 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,521,166 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$288,049 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $19,233,117 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $19,233,117 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| UBS #27735 - DETAIL AVAILABLE UPON REQUEST | P | 2020-08-31 | 2021-08-31 | $475,095 | $459,837 | $15,258 | $15,258 |
| UBS #27735 - DETAIL AVAILABLE UPON REQUEST | P | 2012-03-21 | 2021-08-31 | $1,954,937 | $1,127,460 | $827,477 | $827,477 |
| UBS #27736 - DETAIL AVAILABLE UPON REQUEST | P | 2020-02-21 | 2021-01-11 | $15,323 | $12,428 | $2,895 | $2,895 |
| UBS #27736 - DETAIL AVAILABLE UPON REQUEST | P | 2016-03-14 | 2021-01-11 | $70,383 | $36,566 | $33,817 | $33,817 |
| UBS #55867 - DETAIL AVAILABLE UPON REQUEST | P | 2020-08-31 | 2021-08-31 | $10,527 | $9,189 | $1,338 | $1,338 |
| UBS #55867 - DETAIL AVAILABLE UPON REQUEST | P | 2015-06-16 | 2021-08-31 | $152,508 | $120,537 | $31,971 | $31,971 |
| UBS #58002 - DETAIL AVAILABLE UPON REQUEST | P | 2020-08-31 | 2021-08-31 | $32,629 | $35,686 | -$3,057 | -$3,057 |
| UBS #58002 - DETAIL AVAILABLE UPON REQUEST | P | 2015-09-28 | 2021-08-31 | $70,612 | $81,437 | -$10,825 | -$10,825 |
| PMA #700318 - DETAIL AVAILABLE UPON REQUEST | P | 2020-08-31 | 2021-08-31 | $460 | $460 | $460 | |
| PMA #700318 - DETAIL AVAILABLE UPON REQUEST | P | 2020-07-31 | 2021-08-31 | $32,233 | $32,233 | $32,233 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $931,567 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,930 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,930 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,930 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $26,965 | 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 | $26,965 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,035 | OverpaymentAmt |
| Applied To ES Tax | $11,035 | 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 | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | OFFICER | IndividualWithBooksNm |
| Phone | 8567789200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 821 EAST GATE DRIVE | AddressLine1Txt |
| City | MT LAUREL | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08054 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 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 | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ROBERT SCHWARTZ | |||||||||
| 821 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | CHAIRMAN | 0.00 | $0 | $0 | $0 | |
| EDWARD GLICKMAN | |||||||||
| 650 ARCH STREET | PHILADELPHIA | PA | 191032097 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| LOIS SCHWARTZ | |||||||||
| 191 PRESIDENTIAL BLVD | BALA CYNWYD | PA | 19004 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| MICHAEL SCHWARTZ | |||||||||
| 16356 N THOMPSON PEAK PARKWAY 2172 | SCOTTSDALE | AZ | 85260 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| JUDITH CREED | |||||||||
| 821 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| JOSH DESIPIO | |||||||||
| C/O R SCHWARTZ 821 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| JENNIFER SELBER | |||||||||
| 6435 OVERBROOK AC/O R SCHWARTZ 821 | MT LAUREL | NJ | 08054 | DIRECTOR | 0.00 | $0 | $0 | $0 | EAST GATE DRIVE |
| MELISSA SCHWARTZ | |||||||||
| 935 AGATE STREET 4 | SAN DIEGO | CA | 92109 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| JESSE SELBER | |||||||||
| C/O R SCHWARTZ 821 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| JONAH SELBER | |||||||||
| C/O R SCHWARTZ 821 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $31,536,271 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $147,311 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,683,582 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,683,582 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $475,254 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $31,208,328 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,560,416 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,560,416 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,930 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,930 | TotalTaxAmt |
| Distributable Before Adj | $1,544,486 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,544,486 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,544,486 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,532,875 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,532,875 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,532,875 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,544,486 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $21,650 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $380,887 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $755,881 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,158,418 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,532,875 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,532,875 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $11,611 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $11,611 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,146,807 | 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 | $10,039 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,136,768 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $380,887 | ExcessFromYear2Amt |
| Excess From Year1 | $755,881 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROBERT SCHWARTZ | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AADD | ||||||||
| 261 OLD YORK ROAD SUITE A-50 | JENKINTOWN | PA | 19046 | NONE | PUBLIC | CHARITABLE | $7,500 | |
| AISH CHAIM | ||||||||
| PO BOX 690 | BALA CYNWYD | PA | 19004 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| BIRTHRIGHT ISRAEL FOUNDATION | ||||||||
| PO BOX 21615 | NEW YORK | NY | 10087 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| CMSRU | ||||||||
| 401 BROADWAY | CAMDEN | NJ | 08103 | NONE | PUBLIC | CHARITABLE | $20,000 | |
| CONGRETION RODEPH SHALOM | ||||||||
| 615 N BROAD STREET | PHILADELPHIA | PA | 19123 | NONE | PUBLIC | CHARITABLE | $8,322 | |
| DANNY'S FARM | ||||||||
| 3241 CRESTFORD DRIVE | ALTADENA | CA | 91001 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| FOUNDATIONS INC | ||||||||
| 701 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | NONE | PUBLIC | CHARITABLE | $200,000 | |
| FRIENDS' CENTRAL SCHOOL | ||||||||
| 1101 CITY AVENUE | WYNNEWOOD | PA | 19096 | NONE | PUBLIC | CHARITABLE | $1,000 | |
| GLASSBORO BOARD OF EDUCATION | ||||||||
| 3 WILLIAMS STREET | GLASSBORO | NJ | 08028 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| J'CHAI | ||||||||
| FEDERATION HALL 274 S BRYN MAWR | BALA CYNWYD | PA | 19010 | NONE | PUBLIC | CHARITABLE | $215,000 | AVENUE |
| JEWISH FEDERATION OF GREATER PHILADELPHIA | ||||||||
| 2100 ARCH STREET 5A | PHILADELPHIA | PA | 19103 | NONE | PUBLIC | CHARITABLE | $200,000 | |
| JEWISH FEDERATION OF SOUTHERN NEW JERSEY | ||||||||
| 1301 SPRINGDALE ROAD SUITE 200 | CHERRY HILL | NJ | 08003 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| LA CASA DOMINICANA OF NEW JERSEY INC | ||||||||
| PO BOX 8046 | ATLANTIC CITY | NJ | 08404 | NONE | PUBLIC | CHARITABLE | $104,753 | |
| MOMENTUM UNLIMITED | ||||||||
| 6101 EXECUTIVE BLVD SUITE 240 | ROCKVILLE | MD | 20852 | NONE | PUBLIC | CHARITABLE | $15,000 | |
| NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY | ||||||||
| 101 S INDEPENDENCE MALL EAST | PHILADELPHIA | PA | 19106 | NONE | PUBLIC | CHARITABLE | $18,000 | |
| PENNSYLVANIA ACADEMY OF THE FINE ARTS | ||||||||
| 1301 CHERRY STREET | PHILADELPHIA | PA | 19107 | NONE | PUBLIC | CHARITABLE | $500 | |
| PLANNED PARENTHOOD FEDERATION OF AMERICA | ||||||||
| 123 WILLIAM STREET 10TH FLOOR | NEW YORK | NY | 10038 | NONE | PUBLIC | CHARITABLE | $2,000 | |
| RESPECTABILITY | ||||||||
| 11333 WOODGLEN DRIVE 102 | LOS ANGELES | CA | 90017 | NONE | PUBLIC | CHARITABLE | $100,000 | |
| RONALD MCDONALD HOUSE | ||||||||
| 3925 CHESTNUT STREET | PHILADELPHIA | PA | 19104 | NONE | PUBLIC | CHARITABLE | $22,500 | |
| SCHULTZ HILL FOUNDATION | ||||||||
| 1616 PACIFIC AVENUE | ATLANTIC CITY | NJ | 08401 | NONE | PUBLIC | CHARITABLE | $1,000 | |
| THOMAS JEFFERSON UNIVERSITY | ||||||||
| 925 CHESTNUT STREET | PHILADELPHIA | PA | 19107 | NONE | PUBLIC | CHARITABLE | $23,900 | |
| ABRAMSON CENTER FOR JEWISH LIFE | ||||||||
| 1425 HORSHAM ROAD | NORTH WALES | PA | 19454 | NONE | PUBLIC | CHARITABLE | $1,800 | |
| AMERICAN FRIENDS OF THE JAFFA INSITUTE | ||||||||
| 171-06 76TH AVENUE | FLUSHING | NY | 11366 | NONE | PUBLIC | CHARITABLE | $400,000 | |
| CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION | ||||||||
| PO BOX 781352 | PHILADELPHIA | PA | 191781352 | NONE | PUBLIC | CHARITABLE | $400 | |
| FLORENCE CRITTENTON | ||||||||
| 715 WEST MARIPOSA STREET | PHOENIX | AZ | 85013 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| FREE ARTS OF ARIZONA | ||||||||
| 103 W HIGHLAND AVENUE | PHOENIX | AZ | 85013 | NONE | PUBLIC | CHARITABLE | $100 | |
| KYRENE FOUNDATION | ||||||||
| 1330 E DAVA DRIVE | TEMPE | AZ | 85283 | NONE | PUBLIC | CHARITABLE | $100 | |
| MINDING YOUR MIND | ||||||||
| 124 SIBLEY AVENUE | ARDMORE | PA | 19003 | NONE | PUBLIC | CHARITABLE | $5,000 | |
| MOSS REHAB APHASIA CENTER | ||||||||
| 60 TOWNSHIP LINE ROAD | ELKINS PARK | PA | 19027 | NONE | PUBLIC | CHARITABLE | $1,000 | |
| OFAMIN | ||||||||
| 1255 DRUMMERS LANE SUITE 200 | WAYNE | PA | 19087 | NONE | PUBLIC | CHARITABLE | $40,000 | |
| RENEWAL | ||||||||
| 5904 13TH AVENUE | BROOKLYN | NY | 10038 | NONE | PUBLIC | CHARITABLE | $80,000 | |
| UNITED 2 CARE | ||||||||
| 1515 GLEN HAVEN ROAD | HOUSTAN | TX | 77030 | NONE | PUBLIC | CHARITABLE | $20,000 | |
| EDUCATION INITIATIVES INC | ||||||||
| 821 EAST GATE DRIVE | MT LAUREL | NJ | 08054 | NONE | PUBLIC | CHARITABLE | $15,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,532,875 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $24,231 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $286,084 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,028 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $931,567 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,244,910 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,244,910 | 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 | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail (2 entries)
| Organization TypeOrganizationTypeDesc | Relationship DescriptionRelationshipDescriptionTxt |
|---|---|
| JUDITH CREED HOMES FOR ADULT INDEPENDENCE (J'CHAI) | |
| 501(C)(3) | A MEMBER OF THE BOARD OF DIRECTORS FOR JUDITH CREED HOMES FOR ADULT INDEPENDENCE (J'CHAI) IS THE WIFE OF THE FOUNDER OF THIS PRIVATE FOUNDATION. SHE RECEIVES NO COMPENSATION FROM THE PUBLIC CHARITY FOR HER SERVICE ON THE BOARD AND NO COMPENSATION THROUGH BUSINESS RELATIONSHIPS. |
| EDUCATION INITIATIVES INC | |
| 501(C)(3) | THE MEMBERS OF THE BOARD OF DIRECTORS FOR EDUCATION INITIATIVES, INC. ARE THE FOUNDER OF THIS PRIVATE FOUNDATION AND HIS WIFE. NEITHER HE NOR SHE RECEIVES COMPENSATION FROM THE PUBLIC CHARITY FOR THEIR SERVICE ON THE BOARD NOR DO THEY RECEIVE COMPENSATION THROUGH BUSINESS RELATIONSHIPS. |
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 | ROBERT SCHWARTZ | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 821 EAST GATE DRIVE | AddressLine1Txt |
| City | MT LAUREL | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08054 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS ACCOUNT # 27736 - DETAIL AVAILABLE UPON REQUEST | $775,142 | $1,687,290 |
| PMA ACCOUNT - DETAIL AVAILABLE UPON REQUEST | $608,298 | $1,328,740 |
| UBS ACCOUNT # 55867 - DETAIL AVAILABLE UPON REQUEST | $483,515 | $613,850 |
| UBS ACCOUNT # 58002 - DETAIL AVAILABLE UPON REQUEST | $664,391 | $1,073,359 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEV. CORP FOR ISRAEL BONDS | AT COST | $1,131,860 | $1,131,860 |
| UBS ACCOUNT # 27735 - DETAIL AVAILABLE UPON REQUEST | AT COST | $15,220,871 | $28,215,851 |
| PMA ACCOUNT - DETAIL AVAILABLE UPON REQUEST | AT COST | $260,383 | $389,205 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,000 | LegalFeesAmt |
| Net Investment Income | $4,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVANCES TO EDUCATION INITITATIVES | Desc |
| BOY Book Value | $3,462 | BOYBookValueAmt |
| EOY Book Value | $5,262 | EOYBookValueAmt |
| EOYFMV | $5,262 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT ADVISORY FEES | Desc |
| Revenue And Expenses Per Books | $94,640 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $94,640 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC. INCOME | Desc |
| Revenue And Expenses Per Books | $3,028 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,028 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,028 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $1,193 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT SCHWARTZ | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 821 EAST GATE DRIVE | AddressLine1Txt |
| City | MT LAUREL | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08054 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $236 | $236 | $0 |
| PA FILING FEE | $15 | $0 | $0 |