STEPHEN A SCHWARZMAN FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- STEPHEN A SCHWARZMAN FOUNDATION (EIN 47-4634539)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349105660
- Schema version
- 2021v4.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets 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 | 2022-11-14T15:34:38-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | 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 | 2022-11-10 | 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 |
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 | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | 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 | $124,156,635 | 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 | $60,231,893 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $846,023 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $846,023 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,038,852 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,434,720 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $789,882 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,518,190 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,069,919 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $61,557,254 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,705,824 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,309,375 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $7,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,301,875 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $433,603 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $433,603 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $53,275 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $53,275 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $408,249 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $408,249 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $145,999 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $145,999 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $127,193 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $16,380 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $775 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $32,059 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $32,059 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $133,109 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $66,361 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,656,137 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,880 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,453,921 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $67,807,032 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $67,807,032 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $70,463,169 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,880 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $70,260,953 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,905,915 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,681,944 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $324,857 | CashBOYAmt |
| Cash EOY | $590,151 | CashEOYAmt |
| Cash EOYFMV | $590,151 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $43,257,293 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $30,799,527 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $30,799,527 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $77,079,464 | CorporateStockBOYAmt |
| Corporate Stock EOY | $90,153,402 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $90,153,402 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,441,778 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,477,734 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,477,734 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,873 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,549 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,098 | LandBOYAmt |
| Land EOY | $2,324 | LandEOYAmt |
| Land EOYFMV | $2,324 | LandEOYFMVAmt |
| Other Assets BOY | $209,805 | OtherAssetsBOYAmt |
| Other Assets EOY | $133,497 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $133,497 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $123,316,295 | TotalAssetsBOYAmt |
| Total Assets EOY | $124,156,635 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $124,156,635 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $123,316,295 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $124,156,635 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $123,316,295 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $124,156,635 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $123,316,295 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $124,156,635 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $123,316,295 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,905,915 | ExcessRevenueOverExpensesAmt |
| Other Increases | $9,746,255 | OtherIncreasesAmt |
| Subtotal | $124,156,635 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $124,156,635 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | MARKETABLE SECURITIES | PropertyDesc |
| Gross Sales Price | $6,434,720 | GrossSalesPriceAmt |
| Cost Or Other Basis | $5,644,838 | CostOrOtherBasisAmt |
| Gain Or Loss | $789,882 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $789,882 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $789,882 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $51,179 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $51,179 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $51,179 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $75,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $250,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $325,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $13 | EsPenaltyAmt |
| Overpayment | $273,808 | OverpaymentAmt |
| Applied To ES Tax | $273,808 | 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 | 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 (6 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 |
| BRUCE SIMPSON | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | CEO & DIRECTOR | 40.00 | $692,708 | $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 | 25.00 | $466,667 | $0 | $0 |
| PAUL A WHITE | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | SECRETARY | 2.00 | $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 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 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 | $325,218 | $22,953 | $0 |
| MOLLY TILTON | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | PROGRAM MANAGER | 40.00 | $108,385 | $12,300 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 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 | $408,249 |
| ARTS MANAGER LLC | |||||
| 1300 PENNSYLVANIA AVENUE | WASHINGTON | DC | 20004 | COMMUNICATIONS CONSULTING | $99,996 |
| 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 | $86,256,891 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $37,416,361 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,780 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $123,678,032 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $123,678,032 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,855,170 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $121,822,862 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,091,143 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,091,143 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $51,179 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $51,179 | TotalTaxAmt |
| Distributable Before Adj | $6,039,964 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,039,964 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,039,964 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $70,260,953 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $70,260,953 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,039,964 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $7,287,844 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $40,622,946 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $56,341,160 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $104,251,950 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $70,260,953 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,039,964 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $64,220,989 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $168,472,939 | 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 | $168,472,939 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $7,287,844 | ExcessFromYear3Amt |
| Excess From Year2 | $40,622,946 | ExcessFromYear2Amt |
| Excess From Year1 | $56,341,160 | ExcessFromYear1Amt |
| Excess From Current Year | $64,220,989 | 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 (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANIMAL MEDICAL CENTER | |||||||||||||
| 510 E 62ND STREET | NEW YORK | NY | 10065 | NONE | PC | TO SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTER'S FACILITIES | $8,448,498 | ||||||
| ASIA SOCIETY | |||||||||||||
| 725 PARK AVENUE | NEW YORK | NY | 10021 | NONE | PC | GENERAL SUPPORT | $2,451,530 | ||||||
| COUNCIL ON FOREIGN RELATIONS | |||||||||||||
| 58 EAST 68TH STREET | NEW YORK | NY | 10065 | NONE | PC | TO SUPPORT THE "COUNCIL AT 100 CAMPAIGN" | $299,360 | ||||||
| FOUNDATION FOR ABINGTON SCHOOL DISTRICT | |||||||||||||
| 970 HIGHLAND AVENUE | ABINGTON | PA | 19001 | NONE | PC | TO SUPPORT BUILDING OF "STEPHEN A SCHWARZMAN CENTER FOR SCIENCE AND TECHNOLOGY" | $3,487,544 | ||||||
| HARVARD BUSINESS SCHOOL | |||||||||||||
| TEELE HALL SOLDIERS FIELD | BOSTON | MA | 02163 | NONE | PC | CONTINUE SUPPORT FOR "STEPHEN A. SCHWARZMAN RESEARCH FUND ON ARTIFICIAL INTELLIGENCE IN BUSINESS" | $961,050 | ||||||
| INNER-CITY SCHOLARSHIP FUND | |||||||||||||
| 1011 FIRST AVENUE SUITE 1800 | NEW YORK | NY | 10022 | NONE | PC | TO SUPPORT EMERGENCY TUITION ASSISTANCE | $505,632 | ||||||
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||||||
| 600 MEMORIAL DRIVE THIRD FLOOR | CAMBRIDGE | MA | 021394819 | NONE | PC | SUPPORT A BUILDING FOCUSED PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE | $25,759,475 | ||||||
| PALM BEACH COUNTY FOOD BANK | |||||||||||||
| 700 BOUTWELL ROAD | LAKE WORTH | FL | 33461 | NONE | PC | GENERAL SUPPORT | $50,000 | ||||||
| PALM BEACH COUNTY FOOD BANK | |||||||||||||
| 700 BOUTWELL ROAD | LAKE WORTH | FL | 33461 | NONE | PC | SUPPORT GROW WITH US CAMPAIGN ($500,000) AND THE WEEKEND FOOD FOR KIDS PROGRAM ($800,000) | $1,300,000 | ||||||
| ROBIN HOOD FOUNDATION | |||||||||||||
| 826 BROADWAY 9TH FLOOR | NEW YORK | NY | 10003 | NONE | PC | GENERAL SUPPORT | $50,000 | ||||||
| THE FRICK COLLECTION | |||||||||||||
| 1 EAST 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | GENERAL SUPPORT | $455,247 | ||||||
| THE FRICK COLLECTION | |||||||||||||
| 1 EAST 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | TO SUPPORT THE CREATION OF A STATE-OF-THE-ART AUDITORIUM | $7,576,089 | ||||||
| UNIVERSITY OF OXFORD | |||||||||||||
| NONE | PC | SUPPORT CREATION OF A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY | $14,119,500 | GIFT REGISTRY UNIVERSITY OFFICE | WELLINGTON SQUARE | OXFORD | UK | 0X1 2JD | |||||
| UNIVERSITY OF OXFORD | |||||||||||||
| NONE | PC | SUPPORT INTERIM LEASING OF SPACE FOR THE ETHICS ARTIFICIAL INTELLIGENCE PROGRAM | $338,928 | GIFT REGISTRY UNIVERSITY OFFICE | WELLINGTON SQUARE | OXFORD | UK | OX1 2JD | |||||
| USA TRACK & FIELD FOUNDATION | |||||||||||||
| C/O DT MOORE COMPANY 217 N LINCOLN | SALEM | OH | 44460 | NONE | PC | SUPPORT ATHLETES IN U.S. TRACK & FIELD AT WORLD CHAMPIONSHIP AND OLYMPIC COMPETITIONS | $2,004,179 | AVENUE | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $67,807,032 | 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 | $846,023 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,516,407 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,038,852 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,783 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,325,361 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,325,361 | 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 | $60,231,893 | 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 | $60,231,893 | FairMarketValueAmt |
| Received | 2021-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EISNER ADVISORY GROUP LLC | CategoryTxt |
| Amt | $12,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,500 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | COMPUTER EQUIPMENT | PropertyDesc |
| Acquired | 2020-01-01 | AcquiredDt |
| Cost Or Other Basis | $3,873 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $774 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 5.000000000000 | LifeRt |
| Current Year Expense | $775 | CurrentYearExpenseAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (24 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANCED MICRO DEVICES, INC. | $7,147,081 | $7,147,081 |
| ALIGN TECHNOLOGY INC. | $4,192,151 | $4,192,151 |
| AMAZON.COM, INC. | $2,017,276 | $2,017,276 |
| APPLE INC. | $6,179,436 | $6,179,436 |
| AQR LARGE CAP DEFENSIVE STYLE FUND | $3,412,840 | $3,412,840 |
| ASML HOLDING NV | $7,698,674 | $7,698,674 |
| CHEMED CORP | $2,127,799 | $2,127,799 |
| CSX CORPORATION | $3,346,550 | $3,346,550 |
| DOCUSIGN, INC. | $1,195,938 | $1,195,938 |
| DSV A/S | $5,164,720 | $5,164,720 |
| ENPHASE ENERGY INC. | $1,822,448 | $1,822,448 |
| HUBSPOT INC. | $1,935,923 | $1,935,923 |
| INTUITIVE SURGICAL INC. | $3,190,943 | $3,190,943 |
| INVESCO QQQ TRUST ETF | $6,379,923 | $6,379,923 |
| MARVEL TECHNOLOGY INC. | $2,901,168 | $2,901,168 |
| MICROSOFT CORPORATION | $3,400,195 | $3,400,195 |
| MSIF GROWTH PORTFOLIO | $2,140,764 | $2,140,764 |
| NVIDIA CORP | $8,183,317 | $8,183,317 |
| OKTA, INC. | $1,447,017 | $1,447,017 |
| S&P GLOBAL INC. | $2,834,412 | $2,834,412 |
| SERVICENOW, INC. | $2,281,622 | $2,281,622 |
| SNAP INC. | $3,554,951 | $3,554,951 |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $4,730,348 | $4,730,348 |
| THE ENSIGN GROUP, INC. | $2,867,906 | $2,867,906 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VIRTUS KAR MID CAP GROWTH | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $2,477,734 | BookValueAmt |
| EOYFMV | $2,477,734 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | COMPUTER EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $3,873 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,549 | AccumulatedDepreciationAmt |
| Book Value | $2,324 | BookValueAmt |
| EOYFMV | $2,324 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SIMPSON THACHER & BARTLETT LLP | CategoryTxt |
| Legal Fees | $408,249 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $408,249 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WEBSITE COSTS, NET | $200,245 | $133,497 | $133,497 |
| DIVIDENDS RECEIVABLE | $9,560 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $48,628 | $0 | $48,628 |
| WEBSITE AMORTIZATION | $66,748 | $0 | $0 |
| INFORMATION TECHNOLOGY COSTS | $4,569 | $0 | $4,569 |
| STATE REGISTRATION FEES | $1,550 | $0 | $1,550 |
| OTHER EXPENSES | $11,614 | $0 | $11,614 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FOREIGN CURRENCY EXCHANGE GAIN | $1,516,407 | $2,069,919 | $1,516,407 |
| OTHER INCOME | $1,783 | $1,783 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $9,746,255 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| GRANT CONSULTING | $122,999 | $0 | $122,999 |
| RECRUITING FEES | $23,000 | $0 | $23,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAXES | $110,813 | $0 | $0 |
| FOREIGN TAXES PAID | $16,380 | $16,380 | $0 |