STEPHEN A SCHWARZMAN FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- STEPHEN A SCHWARZMAN FOUNDATION (EIN 47-4634539)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202103159349102735
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- 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 | 2021-11-11T13:39:35-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
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 | 2020-01-01 | 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) |
|---|---|---|
| In Care Of | % JOHN MAGLIANO | InCareOfNm |
| Business Name Control | STEP | BusinessNameControlTxt |
| Phone | 2125835794 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O JOHN MAGLIANO 345 PARK AVE | 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 | 2021-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | 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 | 2 | TrustedCustomerCd |
| 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 | $123,316,295 | 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 | $131,399,035 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $479,393 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $479,393 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$6,313,906 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $29,776,106 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $918,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $918,500 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $126,483,022 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,397,893 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $461,111 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $461,111 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $565,954 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $565,954 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $51,719 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $51,719 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $241,715 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $241,715 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $237,817 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,596 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $230,221 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $75,325 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $775 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $113,336 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $113,336 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $29,024 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $29,251 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,781,276 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,596 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,697,807 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $57,596,447 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $57,596,447 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $59,377,723 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,596 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $59,294,254 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $67,105,299 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,390,297 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $521,367 | CashBOYAmt |
| Cash EOY | $324,857 | CashEOYAmt |
| Cash EOYFMV | $324,857 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,511,742 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $43,257,293 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $43,257,293 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $37,688,208 | CorporateStockBOYAmt |
| Corporate Stock EOY | $79,521,242 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $79,521,242 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,873 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $775 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $3,098 | LandEOYAmt |
| Land EOYFMV | $3,098 | LandEOYFMVAmt |
| Other Assets BOY | $140,131 | OtherAssetsBOYAmt |
| Other Assets EOY | $209,805 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $209,805 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $44,861,448 | TotalAssetsBOYAmt |
| Total Assets EOY | $123,316,295 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $123,316,295 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $44,861,448 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $123,316,295 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $44,861,448 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $123,316,295 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $44,861,448 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $123,316,295 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $44,861,448 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $67,105,299 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,349,548 | OtherIncreasesAmt |
| Subtotal | $123,316,295 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $123,316,295 | 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 |
| How Acquired | D | HowAcquiredCd |
| Gross Sales Price | $29,776,106 | GrossSalesPriceAmt |
| Cost Or Other Basis | $29,895,479 | CostOrOtherBasisAmt |
| Gain Or Loss | -$119,373 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$119,373 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$119,373 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $19,325 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $19,325 | SubtotalAmt |
| Tax Based On Investment Income | $19,325 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,561 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $11,561 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $7,764 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN MAGLIANO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 AND DIRECTOR | 1.0 | $0 | $0 | $0 |
| JOHN A MAGLIANO | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | TREASURER AND DIRECTOR | 8.0 | $150,000 | $0 | $0 |
| MARK E SCHWARZMAN | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| AMY STURSBERG | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | EXECUTIVE DIRECTOR | 20.0 | $311,111 | $0 | $0 |
| PAUL A WHITE | ||||||||
| C/O THE FOUNDATION 345 PARK AVENUE | NEW YORK | NY | 10154 | SECRETARY | 2.0 | $0 | $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 | ||||||||
| C/O THE FOUNDATION | NEW YORK | NY | 10154 | DEPUTY DIRECTOR | 40.0 | $420,566 | $32,537 | $0 |
| MOLLY TILTON | ||||||||
| C/O THE FOUNDATION | NEW YORK | NY | 10154 | PROGRAM MANAGER | 40.0 | $131,492 | $14,671 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| SIMPSON THACHER & BARTLETT LLP | ||||||||||
| 425 LEXINGTON AVENUE | NEW YORK | NY | 10017 | LEGAL SERVICES | $226,457 | |||||
| ARTS MANAGER LLC | ||||||||||
| 1300 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | COMMUNICATIONS | $110,200 | |||||
| NEW CLIMATE CONSULTING | ||||||||||
| BUILDING CONSULTANT | $100,000 | 134 COWLEY AVENUE | OTTAWA | ONTARIO | CA | K1Y 0G6 | ||||
| FRANKLYN LLC | ||||||||||
| 223 BEDFORD AVENUE PMB 116 | BROOKLYN | NY | 11211 | BRANDING/WEB DESIGN | $60,115 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $35,485,598 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $29,007,825 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,780 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $64,498,203 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $64,498,203 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $967,473 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $63,530,730 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,176,537 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,176,537 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $19,325 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $19,325 | TotalTaxAmt |
| Distributable Before Adj | $3,157,212 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,157,212 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,157,212 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $59,294,254 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $204,118 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $59,498,372 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $59,498,372 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,157,212 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $7,287,844 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $40,622,946 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $47,910,790 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $59,498,372 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $3,157,212 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $56,341,160 | RemainingDistriFromCorpusAmt |
| Total Corpus | $104,251,950 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $104,251,950 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $7,287,844 | ExcessFromYear2Amt |
| Excess From Year1 | $40,622,946 | ExcessFromYear1Amt |
| Excess From Current Year | $56,341,160 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MR STEPHEN A SCHWARZMAN | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN FRIENDS OF THE HEBREW UNIVERSITY | |||||||||||||
| 199 WATER STREET 11TH FLOOR | NEW YORK | NY | 10038 | NONE | PC | In recognition of honoree, Martin Lipton, recipient of the 2020 Torch of Learning Award | $10,000 | ||||||
| BOYS TOWN JERUSALEM FOUNDATION OF AMERICA | |||||||||||||
| 1 PENN PLAZA SUITE 6250 | NEW YORK | NY | 10119 | NONE | PC | Support FOR THE renovation of indoor gymnasium and locker room AND restroom facilities | $1,000,000 | ||||||
| BROADWAY CARESEQUITY FIGHTS AIDS | |||||||||||||
| 165 WEST 46TH STREET SUITE 1300 | NEW YORK | NY | 10036 | NONE | PC | TO support Broadway Cares/Equity Fights AIDS initiatives during THE COVID-19 pandemic | $500,000 | ||||||
| CFDA FOUNDATION INC | |||||||||||||
| 65 BLEEKER STREET | NEW YORK | NY | 10012 | NONE | PC | TO support the CFDA Vogue Fashion Fund: "A Common Thread" | $25,000 | ||||||
| COUNCIL ON FOREIGN RELATIONS | |||||||||||||
| 58 EAST 68TH STREET | NEW YORK | NY | 10065 | NONE | PC | TO CONTINUE TO SUPPORT THE "COUNCIL AT 100 CAMPAIGN" ($350,000) AND GENERAL SUPPORT ($50,000) | $400,000 | ||||||
| FRIENDS OF THE MUSEES DES ARTS DECORATIFS | |||||||||||||
| 40 EAST 78TH STREET | NEW YORK | NY | 10075 | NONE | PC | to support the renovation of an exhibition space where the Museum's fashion and textile collection is displayed | $707,227 | ||||||
| FOUNDATION FOR ABINGTON SCHOOL DISTRICT | |||||||||||||
| ADMINISTRATION BUILDING | ABINGTON | PA | 19001 | NONE | PC | CONTINUED SUPOORT FOR building projects on campus, including a new building NAMED the "Stephen A. Schwarzman Center for Science and Technology" | $6,000,000 | 970 HIGHLAND AVENUE | |||||
| THE FRICK COLLECTION | |||||||||||||
| 1 EAST 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | TO SUPPORT the creation of a state-of-the-art auditorium ($7,500,000) AND GENERAL SUPPORT ($450,000) | $7,950,000 | ||||||
| HARVARD BUSINESS SCHOOL | |||||||||||||
| GIFT MANAGEMENT TEELE HALL | BOSTON | MA | 02163 | NONE | PC | TO CONTINUE TO SUPPORT THE ESTABLISHMENT OF THE STEPHEN A. SCHWARZMAN RESEARCH FUND ON ARTIFICIAL INTELLIGENCE IN BUSINESS | $1,038,940 | SOLDIERS FIELD | |||||
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||||||
| OFFICE OF THE RECORDING SECRETARY | CAMBRIDGE | MA | 021394819 | NONE | PC | TO SUPPORT the creation of a transformative new College focused on a program of promoting the application of artificial intelligence and computing in an ethical and accountable manner, and the construction of a signature, state-of-the-art building to house the new CollegE | $25,819,444 | 600 MEMORIAL DRIVE THIRD FLOOR | |||||
| MUSEUM OF LANGUAGE ARTS INC | |||||||||||||
| 1300 I STREET NW SUITE 400E | WASHINGTON | DC | 20005 | NONE | PC | TO SUPPORT Planet Word Museum's mission to create a museum where language comes to life | $769,311 | ||||||
| SYLVIA CENTER INC | |||||||||||||
| 2417 THIRD AVENUE SUITE 301 | BRONX | NY | 104516338 | NONE | PC | TO SUPPORT the Sylvia Center Inc.'s effort to support organizations who feed New York area first responders in the healthcare system during THE COVID-19 pandemic | $500,000 | ||||||
| UNIVERSITY OF OXFORD | |||||||||||||
| NONE | PC | Supporting University of Oxford's effort to create a dynamic new center of academic, cultural and ethical inquiry that will help Oxford unlock new insights and meet new challenges, including ethical puzzles posed by artificial intelligence ($12,566,500) AND SUPPORT FOR ARCHITECT SELECTION ($310,025) | $12,876,525 | GIFT REGISTRY UNIVESITY OFFICES | WELLINGTON SQUARE | OXFORD | UK | 0X1 2JD | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $57,596,447 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $479,393 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$6,313,906 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY EXCHANGE GAIN | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $918,500 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$4,916,013 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$4,916,013 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 | $131,399,035 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| 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 | $81,096,035 | FairMarketValueAmt |
| Received | 2020-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EISNERAMPER LLP | CategoryTxt |
| Amt | $4,500 | Amt |
| Disbursements Charitable Prps | $4,500 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990-PF, PART VII-A | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART VII-A, LINE 10, SUBSTANTIAL CONTRIBUTOR | FormAndLineReferenceDesc |
| Medium Explanation | MR. STEPHEN A. SCHWARZMAN C/O THE FOUNDATION 345 PARK AVENUE NEW YORK, NY 10154 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (31 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES CORE S&P 500 ETF | $0 | $0 |
| SPDR PORTFOLIO S&P 500 GROWTH | $0 | $0 |
| ISHARES CORE S&P MIDCAP ETF | $1,969,772 | $1,969,772 |
| VANGUARD DIVIDEND APPREC ETF | $0 | $0 |
| IVESCO QQQ TRUST | $5,031,135 | $5,031,135 |
| INVITATION HOMES INC. | $5,741,069 | $5,741,069 |
| ISHARES CORE S&P SMALL CAP ETF | $1,942,400 | $1,942,400 |
| OAKMARK FUND INSTITUTIONAL CL | $0 | $0 |
| SPDR S&P DIVIDEND ETF | $0 | $0 |
| ADVANCED MICRO DEVICES INC. | $7,557,087 | $7,557,087 |
| AMAZON.COM INC. | $1,970,443 | $1,970,443 |
| AQR LARGE CAP FUND | $2,763,400 | $2,763,400 |
| CHEMED CORP | $2,142,157 | $2,142,157 |
| CSX CORP | $2,692,371 | $2,692,371 |
| DOCUSIGN INC. | $1,745,500 | $1,745,500 |
| ENSIGN GROUP INC. | $2,490,801 | $2,490,801 |
| FIDELITY EMERGING ASIA FUND | $2,081,036 | $2,081,036 |
| INPHI CORP | $2,723,978 | $2,723,978 |
| INTUITIVE SURGICAL INC. | $676,569 | $676,569 |
| MERCADOLIBRE INC. | $4,234,956 | $4,234,956 |
| MICROSOFT CORP | $2,248,666 | $2,248,666 |
| MSIF GROWTH PORTFOLIO | $2,129,920 | $2,129,920 |
| NCR CORPORATION | $645,077 | $645,077 |
| NVIDIA CORP | $12,593,375 | $12,593,375 |
| OKTA INC. | $1,641,248 | $1,641,248 |
| PELOTON INTERACTIVE INC. | $1,972,360 | $1,972,360 |
| SERVICE NOW INC. | $1,934,761 | $1,934,761 |
| SHOPIFY INC. | $1,711,508 | $1,711,508 |
| TWILIO INC. | $4,778,605 | $4,778,605 |
| VEEVA SYSTEMS INC. | $1,661,270 | $1,661,270 |
| VIRTUS KAR MID-CAP GROWTH | $2,441,778 | $2,441,778 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SIMPSON THACHER & BARTLETT LLP | $226,457 | $226,457 |
| CLIFFORD CHANCE LLP | $15,258 | $15,258 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WEBSITE COSTS | $140,131 | $200,245 | $200,245 |
| DIVIDENDS RECEIVABLE | $9,560 | $9,560 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| INSURANCE EXPENSE | $21,083 | $21,083 |
| TELEPHONE | $2,874 | $2,874 |
| INFORMATION TECHNOLOGY COSTS | $1,508 | $1,508 |
| REGISTERED AGENT FEES | $901 | $901 |
| FILING FEES | $750 | $750 |
| OTHER EXPENSES | $1,908 | $2,135 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | foreign currency exchange GAIN | Desc |
| Revenue And Expenses Per Books | $918,500 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $918,500 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $11,349,548 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GRANT CONSULTING | $230,221 | $230,221 | |
| COMMISSION AND BROKERAGE FEES | $7,596 | $7,596 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $75,325 | Amt |