STEPHEN A SCHWARZMAN EDUCATION FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: STEPHEN A SCHWARZMAN EDUCATION FOUNDATION (EIN 45-4757735)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-10
IRS object ID: 202143149349102614
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
Employee Compensation Expln
Expenditure Responsibility Stmt
General Explanation Attachment
Land Etc Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-10T15:51:16-06:00	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	454757735	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STEPHEN A SCHWARZMAN EDUCATION FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% JOHN A 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 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	VICE-PRES/TREASURER	PersonTitleTxt
Phone	2125835794	PhoneNum
Signature	2021-05-06	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	$8,871,713	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	$20,355,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$3	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$3	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$29,696	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$29,696	DividendsNetInvstIncmAmt
Other Income Rev And Expnss	$75,068	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$68	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$20,459,767	TotalRevAndExpnssAmt
Total Net Invst Incm	$29,767	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$977,778	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$977,778	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$5,562,873	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$15,943	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$5,546,930	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$862,562	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$1,595	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$860,967	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$3,601,767	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$3,601,767	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$261,470	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$261,470	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$2,915,410	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl	$2,915,410	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$90,286	TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss	$63,802	DeprecAndDpltnRevAndExpnssAmt
Occupancy Rev And Expnss	$492,190	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$24,610	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$467,580	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$465,277	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl	$465,277	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$6,007,956	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$3,107,956	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$21,301,371	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$42,148	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$18,205,135	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$6,189,923	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$6,176,024	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$27,491,294	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$42,148	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$24,381,159	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$7,031,527	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$11,203,332	CashBOYAmt
Cash EOY	$4,408,920	CashEOYAmt
Cash EOYFMV	$4,408,920	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$4,450,040	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$4,276,727	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$4,276,727	SavAndTempCashInvstEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$368,009	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$181,943	LandBldgEquipAccumDeprecAmt
Land BOY	$249,868	LandBOYAmt
Land EOY	$186,066	LandEOYAmt
Land EOYFMV	$186,066	LandEOYFMVAmt
Total Assets BOY	$15,903,240	TotalAssetsBOYAmt
Total Assets EOY	$8,871,713	TotalAssetsEOYAmt
Total Assets EOYFMV	$8,871,713	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$15,903,240	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$8,871,713	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$15,903,240	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,871,713	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$15,903,240	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,871,713	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$15,903,240	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$7,031,527	ExcessRevenueOverExpensesAmt
Subtotal	$8,871,713	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$8,871,713	TotNetAstOrFundBalancesEOYAmt

Field	Value	IRS element (for citing)
Cap Gains Loss Tx Invst Incm Detail		CapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Subtotal	$0	SubtotalAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$42,356	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$42,356	TotalPaymentsAndCreditsAmt
Overpayment	$42,356	OverpaymentAmt
Applied To ES Tax	$5,000	AppliedToESTaxAmt
Refund	$37,356	RefundAmt

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	CA	OrgReportOrRegisterStateCd
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 A 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	C/O JOHN MAGLIANO 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	Yes (true)	GrantsToIndividualsInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	Yes (true)	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	Yes (true)	MaintainedExpenditureRspnsInd
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 (14 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	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 16TH FLOOR	NEW YORK	NY	10154	CHAIRMAN AND DIRECTOR	10.0	$0	$0	$0
JOHN A MAGLIANO
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	VICE PRESIDENT & TREASURER	10.0	$150,000	$0	$0
PAUL WHITE
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	SECRETARY	5.0	$0	$0	$0
AMY STURSBERG
C/O THE FOUNDATION	345 PARK AVENUE	NEW YORK	NY	10154	CEO AND DIRECTOR	40.0	$777,778	$0	$0
JANE EDWARDS
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$20,000	$0	$0
MICHAEL EVANS
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$0	$0	$0
NITIN NOHRIA
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$10,000	$0	$0
STEVE ORLINS
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$0	$0	$0
JOSHUA RAMO
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$0	$0	$0
JEFFREY ROSEN
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$0	$0	$0
KEVIN RUDD
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$0	$0	$0
EDWARD SCHWARZMAN
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$0	$0	$0
HARRY SHUM
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$10,000	$0	$0
NGAIRE WOODS
C/O THE FOUNDATION	345 PARK AVENUE 16TH FLOOR	NEW YORK	NY	10154	DIRECTOR	0.25	$10,000	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
PHILIP EDWARD TREGASKIS
345 PARK AVENUE	NEW YORK	NY	10154	GM/BUILDING OPS	40.0	$416,723	$92,903	$0
DEBRA L GOLDBERG
345 PARK AVENUE	NEW YORK	NY	10154	DIR OF DEVELOPMENT	40.0	$376,822	$17,954	$0
JULIA M ZUPKO
345 PARK AVENUE	NEW YORK	NY	10154	DIR CAREER SERVICES	40.0	$354,188	$4,660	$0
JOAN KAUFMAN
345 PARK AVENUE	NEW YORK	NY	10154	DIR OF ACADEMICS	40.0	$302,335	$44,958	$0
MELANIE KOENDERMAN
345 PARK AVENUE	NEW YORK	NY	10154	ASSOCIATE DEAN	40.0	$323,420	$685	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	28	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 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	$2,991,361
GSA PROPERTY MGMT LIMITED BEIJING BRANCH
				BUILDING MANAGEMENT	$1,996,657	NO2 KEXUEYUAN SOUTH ROAD	BEIJING	HAIDIAN	CH	100190
READY SET ROCKET
636 BROADWAY SUITE 1200	NEW YORK	NY	10012	MARKETING STRATEGY	$714,858
CLIFFORD CHANCE LLP
				LEGAL SERVICES	$284,006	10 UPPER BANK STREET	LONDON		UK	E14 DJJ
WAGNER-WEBER ASSOCIATES INC
26 BROADWAY SUITE 967	NEW YORK	NY	10004	IT CONSULTING	$222,042

Field	Value	IRS element (for citing)
Contractor Paid Over50k	15	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	SCHWARZMAN SCHOLARS PROGRAM - SEE FEDERAL FOOTNOTE 1	Description1Txt
Expenses1	$17,607,304	Expenses1Amt

Field	Value	IRS element (for citing)
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$12,363,596	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$12,363,596	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$12,363,596	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$185,454	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$12,178,142	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$608,907	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$608,907	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
Total Tax	$0	TotalTaxAmt
Distributable Before Adj	$608,907	DistributableBeforeAdjAmt
Distributable Before Ded	$608,907	DistributableBeforeDedAmt
Distributable As Adjusted	$608,907	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$24,381,159	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$24,381,159	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$24,381,159	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$608,907	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 Yr5	$38,618,016	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$34,430,901	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$20,459,953	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$18,304,136	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$15,616,341	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$127,429,347	TotalExcessDistributionCyovAmt
Qualifying Distributions	$24,381,159	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$608,907	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$23,772,252	RemainingDistriFromCorpusAmt
Total Corpus	$151,201,599	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$38,618,016	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$112,583,583	ExcessDistriCyovToNextYrAmt
Excess From Year4	$34,430,901	ExcessFromYear4Amt
Excess From Year3	$20,459,953	ExcessFromYear3Amt
Excess From Year2	$18,304,136	ExcessFromYear2Amt
Excess From Year1	$15,616,341	ExcessFromYear1Amt
Excess From Current Year	$23,772,252	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

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 (28 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd	Address Line2RecipientUSAddress/AddressLine2Txt
THE INSTITUTE OF INTERNATIONAL EDUCATION
ONE WORLD TRADE CENTER 36TH FLOOR	NEW YORK	NY	10007	NONE	PC	SUPPORT FOR SCHOLARSHIP PROGRAM	$3,966,667
TSINGHUA UNIVERSITY EDUCATION FOUNDATION
				NONE	PC	SUPPORT FOR SCHWARZMAN SCHOLARS PROGRAM AND SCHWARZMAN COLLEGE	$1,802,427	TSINGHUA UNIVERSITY	BEIJING	CH	100084
THE RHODES TRUST
				NONE	NC	SUPPORT FOR LEADERSHIP PROGRAM	$236,427	RHODES HOUSE SOUTH PARKS ROAD	OXFORD	UK	0X1 3RG
ROYAL INSTITUTE FOR INTERNATIONAL AFFAIRS
				NONE	PC	SUPPPORT FOR FELLOWSHP PROGRAM	$170,503	CHATHAM HOUSE 10 ST JAMES SQUARE	LONDON	UK	SW11Y4LE
ADEDOTUN ADEJARE
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$1,000					345 PARK AVENUE
ESHAM MACAULEY
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$1,000					345 PARK AVENUE
CHYNARA ERKULOVA
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$1,000					345 PARK AVENUE
PEDRO ROBLEDO
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$1,000					345 PARK AVENUE
LUCAS CORONEL
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$1,000					345 PARK AVENUE
ALEXANDER MACKAY
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$943					345 PARK AVENUE
THIAGO CHANG HO FELIPE
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$941					345 PARK AVENUE
HIMAKEERTH TAMMINEEDI
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$800					345 PARK AVENUE
ATOKA JO
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$800					345 PARK AVENUE
AISHWARYA GUPTA
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$686					345 PARK AVENUE
AMEER AMAAZ JAVED
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$546					345 PARK AVENUE
JOSEPH OPOKU
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$544					345 PARK AVENUE
KATHIA MARCELA SALAZAR
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$542					345 PARK AVENUE
JUSTIN KONG
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$501					345 PARK AVENUE
SEYOUNG LEE
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$474					345 PARK AVENUE
SANGYA GYAWALI
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$433					345 PARK AVENUE
SAMUEL CURTIS
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$307					345 PARK AVENUE
TAYLER ULMER
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$200					345 PARK AVENUE
LAURA DARNLEY
C/O THE FOUNDATION	NEW YORK	NY	10154	NOME	I	STUDY	$200					345 PARK AVENUE
CONOR O'MEARA
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$200					345 PARK AVENUE
EMILY ANN VENTURI
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$200					345 PARK AVENUE
MOHAMED A RAMY
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$200					345 PARK AVENUE
VERONICA CHUA
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$200					345 PARK AVENUE
JOEL ERNESTO GASTELUM MENDEZ
C/O THE FOUNDATION	NEW YORK	NY	10154	NONE	I	STUDY	$182					345 PARK AVENUE

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$6,189,923	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)

Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd
ROYAL INSTITUTE FOR INTERNATIONAL AFFAIRS
CHATHAM HOUSE 10 ST JAMES SQUARE	LONDON	UK	SW14LE	NONE	PC	support for fellowship program	$110,287
WOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS
				NONE	PC	support for fellowship program	$200,000	1300 PENNSYLVANIA AVENUE NW	WASHINGTON	DC	200043002

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$310,287	TotalGrantOrContriApprvFutAmt

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

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$3	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$29,696	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
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
REFUND OF EXCISE TAXES	01	$75,000
CURRENCY GAIN ON TRANSLATION	18	$68

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$104,767	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$104,767	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 (2 entries)

ContributorContributorNum	Address Line1ContributorForeignAddress/AddressLine1Txt	CityContributorForeignAddress/CityNm	CountryContributorForeignAddress/CountryCd	Foreign PostalContributorForeignAddress/ForeignPostalCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd
TSINGHUA UNIVERSITY EDUCATION FOUND
1	HAIDIAN DISTRICT	BEIJING	CH	100084	$19,355,000	Yes (X)
DALIO FOUNDATION INC
2					$1,000,000	Yes (X)	ONE GLENDINNING PLACE	WESTPORT	CT	06880

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANDREAS ESBERG & COMPANY, LLP	$114,150	$114,150
PWC	$108,820	$108,820
EISNERAMPER LLP	$38,500	$38,500

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (3 entries)

PropertyPropertyDesc	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	Current Year ExpenseCurrentYearExpenseAmt
IMPROVEMENTS	$202,730	$40,546	M5	$40,546
FURNITURE	$107,380	$21,476	M5	$21,476
EQUIPMENT	$57,899	$56,119	M5	$1,780

Employee Compensation Expln EmployeeCompensationExpln

Employee Comp Explanation EmployeeCompExplanationGrp

Field	Value	IRS element (for citing)
Employee	MELANIE KOENDERMAN	EmployeeNm
Explanation	MS. KOENDERMAN IS THE ASSOCIATE DEAN OF STUDENT LIFE.	ExplanationTxt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE RHODES TRUST	BusinessNameLine1Txt

Foreign Address ForeignAddress

Field	Value	IRS element (for citing)
Address Line1	RHODES HOUSE SOUTH PARKS ROAD	AddressLine1Txt
City	OXFORD	CityNm
Country	UK	CountryCd
Foreign Postal	OX1 3RG	ForeignPostalCd

Field	Value	IRS element (for citing)
Grant	2020-06-12	GrantDt
Grant	$236,427	GrantAmt
Purpose Of Grant	Support for Leadership Program	PurposeOfGrantTxt
Expended By Grantee	$236,427	ExpendedByGranteeAmt
Any Diversion By Grantee	NO	AnyDiversionByGranteeTxt
Dates Of Reports By Grantee	90 days after Rhodes Trust fiscal year-end - June 30	DatesOfReportsByGranteeTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Identifier	FORM 990-PF	IdentifierTxt
Form And Line Reference	FORM 990-PF, PART IX-A, LINE 1	FormAndLineReferenceDesc
Medium Explanation	THE SCHWARZMAN SCHOLARS AND SCHWARZMAN COLLEGE: THE PROGRAM SUPPORTS UP TO 200 SCHOLARS ANNUALLY FROM THE U.S., CHINA AND AROUND THE WORLD FOR A ONE-YEAR MASTER'S DEGREE PROGRAM AT TSINGHUA UNIVERSITY IN BEIJING, WHERE A RESIDENTIAL COLLEGE WAS CONSTRUCTED THAT WAS MODELED AFTER THE RESIDENTIAL COLLEGES AT HARVARD, YALE, OXFORD AND CAMBRIDGE. SCHOLARS CHOSEN FOR THIS HIGHLY SELECTIVE PROGRAM RESIDE IN BEIJING FOR A YEAR OF STUDY AND CULTURAL IMMERSION, ATTENDING LECTURES, TRAVELING, AND DEVELOPING A BETTER UNDERSTANDING OF CHINA.	MediumExplanationTxt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
IMPROVEMENTS	$202,730	$81,092	$121,638
FURNITURE	$107,380	$42,952	$64,428
EQUIPMENT	$57,899	$57,899

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (9 entries)

CategoryCategoryTxt	Legal FeesLegalFeesAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SIMPSON THACHER & BARTLETT LLP	$2,991,361	$2,991,361
CLIFFORD CHANCE LLP	$284,006	$284,006
YUANDA CHINA LAW OFFICES	$167,413	$167,413
ALIX PARTNERS	$93,595	$93,595
FTI CONSULTING	$46,796	$46,796
JAMS MEDIATION, ARBRITRATION
AND ADR SERVICES	$12,132	$12,132
HOGAN LOVELLS US LLP	$3,516	$3,516
GLOBAL LAW OFFICE - BEIJING	$2,948	$2,948

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
RECRUITING MARKETING	$1,379,247	$1,379,247
MAINTENANCE - BEIJING CAMPUS	$1,249,477	$1,249,477
EQUIPMENT SERVICES AND POSTAGE	$22,909	$22,909
LIBRARY BOOKS	$10,946	$10,946
INSURANCE	$138,618	$138,618
ACADEMIC SUPPORT	$106,522	$106,522
TELEPHONE AND INTERNET	$63,182	$63,182
ADMISSION RELATED EVENTS	$72,036	$72,036
ALUMNI ACTIVITIES	$46,040	$46,040
STUDENT SUPPORT SERVICES	$13,849	$13,849
SETTLEMENT PAYMENT IN ADVANCE
OF ANTICIPATED DISPUTE	$2,900,000
OTHER EXPENSES	$5,130	$5,130

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
REFUND OF EXCISE TAXES	$75,000
CURRENCY GAIN ON TRANSLATION	$68	$68

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (8 entries)

CategoryCategoryTxt	AmtAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ACADEMIC CONSULTING	$848,287	$848,287
CAMPUS PROPERTY MANAGEMENT	$941,877	$941,877
INFORMATION TECHNOLOGY	$657,227	$657,227
ADMINISTRATIVE SERVICES AND
TALENT SEARCH	$50,219	$50,219
STUDENT LIFE SUPPORT SERVICES	$26,000	$26,000
HUMAN RESOURCES CONSULTING	$181,972	$181,972
ADMISSIONS CONSULTING SERVICES	$209,828	$209,828

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAXES	CategoryTxt
Amt	$90,286	Amt