STEPHEN A SCHWARZMAN EDUCATION FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- STEPHEN A SCHWARZMAN EDUCATION FOUNDATION (EIN 45-4757735)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-12
- IRS object ID
- 201943169349102119
- Schema version
- 2018v3.1
- 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
- Compensation Explanation
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-12T15:22:52-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 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 | 2018-01-01 | 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 | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| 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 | 2019-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARIE ARRIGO | PreparerPersonNm |
| PTIN | P00058583 | PTIN |
| Phone | 2129498700 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.238.150.4 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 26505220193165000053 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-12 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D611A41C46BF25E5A65C9B6AAB3989918C636A13 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0171DCF37D0058A3A7E131C8AA9958388F37ABDA | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,239,758 | 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 | $17,900,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $33,171 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $33,171 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $48,403 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $48,403 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $619,088 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,747,725 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,972,111 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $18,600,662 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,053,685 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,665,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,665,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,201,959 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $13,077 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,188,882 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $601,543 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,388 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $600,155 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $341,698 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $341,698 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $121,525 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $121,525 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,842,760 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,842,760 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,550 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $6,670 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $391,607 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $14,562 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $377,045 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,704,944 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,704,944 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,425,949 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,425,949 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,305,205 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,027 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,267,958 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,737,765 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,737,765 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $19,042,970 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,027 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,005,723 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$442,308 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,024,658 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,234,989 | CashBOYAmt |
| Cash EOY | $7,618,446 | CashEOYAmt |
| Cash EOYFMV | $7,618,446 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,201,207 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,440,964 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,440,964 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,561,877 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,055,747 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,055,747 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $175,671 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $51,070 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $20,800 | LandBOYAmt |
| Land EOY | $124,601 | LandEOYAmt |
| Land EOYFMV | $124,601 | LandEOYFMVAmt |
| Total Assets BOY | $13,018,873 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,239,758 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,239,758 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $13,018,873 | UnrestrictedBOYAmt |
| Unrestricted EOY | $12,239,758 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,018,873 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,239,758 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,018,873 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,239,758 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,018,873 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$442,308 | ExcessRevenueOverExpensesAmt |
| Subtotal | $12,576,565 | SubtotalAmt |
| Other Decreases | $336,807 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,239,758 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Gross Sales Price | $2,747,725 | GrossSalesPriceAmt |
| Cost Or Other Basis | $775,614 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,972,111 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,972,111 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,972,111 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $21,111,457 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,885,473 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.520399 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $35,293,422 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $26,473,455 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.333163 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $39,487,554 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $25,963,041 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.520914 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $11,756,054 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $34,507,171 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.340684 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,619,550 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $22,777,121 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.246719 | DistributionYr5Rt |
| Total Distribution | 4.961879 | TotalDistributionRt |
| Average Distribution | 0.992376 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $14,436,675 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $14,326,610 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $20,247 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $14,346,857 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $19,005,723 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $20,247 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $20,247 | SubtotalAmt |
| Tax Based On Investment Income | $20,247 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $72,285 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $72,285 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $52,038 | OverpaymentAmt |
| Applied To ES Tax | $52,038 | AppliedToESTaxAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | 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 (13 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 | 1.0 | $0 | $0 | $0 |
| JOHN A MAGLIANO | |||||||||
| C/O THE FOUNDATION | 345 PARK AVENUE 16TH FLOOR | NEW YORK | NY | 10154 | VICE PRESIDENT & TREASURER | 15.0 | $100,000 | $0 | $0 |
| PAUL WHITE | |||||||||
| C/O THE FOUNDATION | 345 PARK AVENUE 16TH FLOOR | NEW YORK | NY | 10154 | SECRETARY | 10.0 | $15,000 | $0 | $0 |
| AMY STURSBERG | |||||||||
| C/O THE FOUNDATION | 345 PARK AVENUE | NEW YORK | NY | 10154 | CEO AND DIRECTOR | 50.0 | $1,500,000 | $0 | $0 |
| JANE EDWARDS | |||||||||
| C/O THE FOUNDATION | 345 PARK AVENUE 16TH FLOOR | NEW YORK | NY | 10154 | DIRECTOR | 0.25 | $10,000 | $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 | $10,000 | $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 | $10,000 | $0 | $0 |
| HARRY SHUM | |||||||||
| 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 |
|---|---|---|---|---|---|---|---|---|
| PHILLIP EDWARD TREGASKIS | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | GM/BUILDING OPS | 40.0 | $342,867 | $76,929 | $0 |
| JULIA M ZUPKO | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | DIR CAREER SERVICES | 40.0 | $396,976 | $4,407 | $0 |
| CHARLES R GARRIS | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | GLOBAL DIR/ADMISSION | 40.0 | $339,049 | $14,722 | $0 |
| DEBRA L GOLDBERG | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | DIR OF DEVELOPMENT | 40.0 | $323,723 | $14,722 | $0 |
| JOAN KAUFMAN | ||||||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | DIR OF ACADEMICS | 40.0 | $248,871 | $38,958 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 27 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| GSA PROPERTY MGMT LIMITED BEIJING BRANCH | ||||||||||
| NO2 KEXUEYUAN SOUTH ROAD | BEIJING | HAIDIAN | CH | 100190 | BUILDING MANAGEMENT | $1,126,469 | ||||
| SIMPSON THACHER & BARTLETT LLP | ||||||||||
| LEGAL SERVICES | $338,994 | 425 LEXINGTON AVENUE | NEW YORK | NY | 10017 | |||||
| PORTLAND POST-PRODUCTION | ||||||||||
| VIDEO PRODUCTION | $197,271 | 434 CUMBERLAND AVENUE | PORTLAND | ME | 04101 | |||||
| MICHAEL CAPPELLO | ||||||||||
| ACADEMIC CONSULTING | $153,644 | 51 PENNY LANE | WOODBRIDGE | CT | 06525 | |||||
| WAGNER-WEBER ASSOCIATES INC | ||||||||||
| IT CONSULTING | $145,184 | 26 BROADWAY SUITE 967 | NEW YORK | NY | 10004 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 8 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SCHWARZMAN SCHOLARS PROGRAM - SEE FEDERAL FOOTNOTE 1 | Description1Txt |
| Expenses1 | $18,525,071 | 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 | $2,654,630 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,001,893 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,656,523 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,656,523 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $219,848 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,436,675 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $721,834 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $721,834 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,247 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20,247 | TotalTaxAmt |
| Distributable Before Adj | $701,587 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $701,587 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $701,587 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,005,723 | 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 | $19,005,723 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $20,247 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $18,985,476 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $701,587 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $4,544,577 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $10,051,315 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $38,618,016 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $34,430,901 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $20,459,953 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $108,104,762 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $19,005,723 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $701,587 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $18,304,136 | RemainingDistriFromCorpusAmt |
| Total Corpus | $126,408,898 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $4,544,577 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $121,864,321 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $10,051,315 | ExcessFromYear4Amt |
| Excess From Year3 | $38,618,016 | ExcessFromYear3Amt |
| Excess From Year2 | $34,430,901 | ExcessFromYear2Amt |
| Excess From Year1 | $20,459,953 | ExcessFromYear1Amt |
| Excess From Current Year | $18,304,136 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tsinghua University Education Foundation | |||||||||||
| TSINGHUA UNIVERSITY | BEIJING | CH | 100084 | NONE | PC | SUPPORT FOR THE SCHWARZMAN SCHOLARS PROGRAM | $4,546,900 | ||||
| THE RHODES TRUST | |||||||||||
| RHODES HOUSE SOUTH PARKS ROAD | OXFORD | UK | 0X1 3RG | NONE | NC | LEADERSHIP PROJECT COLLABORATION INITIATIVES | $1,090,865 | ||||
| WOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS | |||||||||||
| NONE | PC | SUPPORT FOR A YEAR-LONG ASSOCIATE POSITION AT THE WOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS FOR A 2018 GRADUATE OF THE SCHWARZMAN SCHOLARS PROGRAM AT TSINGHUA UNIVERSITY | $100,000 | 1300 PENNSYLVANIA AVENUE NW | WASHINGTON | DC | 200043002 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,737,765 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,171 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,403 | 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 | $619,088 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $700,662 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $700,662 | 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 | TSINGHUA UNIVERSITY EDUCATION FOUND | ContributorPersonNm |
Contributor Foreign Address ContributorForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | HAIDIAN DISTRICT | AddressLine1Txt |
| City | BEIJING | CityNm |
| Country | CH | CountryCd |
| Foreign Postal | 100084 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $17,900,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PWC | $88,525 | $88,525 |
| KPMG | $15,000 | $15,000 |
| EISNERAMPER LLP | $18,000 | $18,000 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (11 entries)
| Short ExplanationShortExplanationTxt |
|---|
| JOHN A MAGLIANO |
| Mr. Magliano served as a Director through February 13, 2018. |
| PAUL WHITE |
| Mr. White served as a director through February 13, 2018. |
| JANE EDWARDS |
| Ms. Edwards became a director of the Foundation as of February 13, 2018. |
| MICHAEL EVANS |
| Mr. Evans became a director of the Foundation as of February 13, 2018. |
| NITIN NOHRIA |
| Mr. Nohria became a director of the Foundation as of February 13, 2018. |
| STEVE ORLINS |
| Mr. Orlins became a director of the Foundation as of February 13, 2018. |
| JOSHUA RAMO |
| Mr. Ramo became a director of the Foundation as of February 13, 2018. |
| JEFFREY ROSEN |
| Mr. Rosen became a director of the Foundation as of February 13, 2018. |
| KEVIN RUDD |
| Mr. Rudd became a director of the Foundation as of February 13, 2018. |
| EDWARD SCHWARZMAN |
| Mr. Schwarzman became a director of the Foundation as of February 13, 2018. |
| HARRY SHUM |
| Mr. Shum became a director of the Foundation as of February 13, 2018. |
Depreciation Schedule DepreciationSchedule
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 | 2018-12-31 | GrantDt |
| Grant | $1,090,865 | GrantAmt |
| Purpose Of Grant | Support the Leadership Project and general operations | PurposeOfGrantTxt |
| Expended By Grantee | $1,090,865 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 60 days after Rhodes Trust fiscal year-end - June 30 | DatesOfReportsByGranteeTxt |
| Verification | 2019-08-29 | VerificationDt |
| Results Of Verification | TO THE KNOWLEDGE OF THE FOUNDATION, THE GRANTEE HAS NOT DIVERTED ANY OF THE FUNDS FROM THE PURPOSE AS OUTLINED IN THE GRANT AGREEMENT. | ResultsOfVerificationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HILTON WORLDWIDE HOLDINGS INC. | $1,055,747 | $1,055,747 |
| EXTENDED STAY AMERICA INC. | $0 | $0 |
| HILTON GRAND VACATIONS | $0 | $0 |
| PARK HOTELS & RESORTS | $0 | $0 |
| SEAWORLD ENTERTAINMENT INC. | $0 | $0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SIMPSON THACHER AND BARTLETT | $338,994 | $338,994 |
| HOGAN LOVELLS US LLP | $2,044 | $2,044 |
| EPSTEIN BECKER GREEN | $660 | $660 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET CHANGE IN UNREALIZED DEPRECIATION | Desc |
| Amt | $336,807 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| RECRUITING MARKETING | $577,524 | $577,524 |
| MAINTENANCE - BEIJING CAMPUS | $207,245 | $207,245 |
| EQUIPMENT SERVICES AND POSTAGE | $151,331 | $151,331 |
| LIBRARY BOOKS | $125,199 | $125,199 |
| INSURANCE | $85,567 | $85,567 |
| TELEPHONE | $70,823 | $70,823 |
| ADMISSION RELATED EVENTS | $70,678 | $70,678 |
| ALUMNI ACTIVITIES | $30,301 | $30,301 |
| STAFF DEVELOPMENT | $18,885 | $18,885 |
| OTHER EXPENSES | $88,396 | $88,396 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (11 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| ACADEMIC CONSULTING | $1,097,762 | $1,097,762 |
| CAMPUS PROPERTY MANAGEMENT | $1,126,469 | $1,126,469 |
| INFORMATION TECHNOLOGIES | ||
| CONSULTING | $183,041 | $183,041 |
| ORGANIZATIONAL REVIEW SERVICES | $128,045 | $128,045 |
| ADMISSIONS RELATED FEES | $196,785 | $196,785 |
| HUMAN RESOURCES CONSULTING | $34,647 | $34,647 |
| STUDENT LIFE CONSULTING | ||
| SERVICES | $30,187 | $30,187 |
| ADMISSIONS PROGRAM DEVELOPMENT | ||
| SERVICES | $45,824 | $45,824 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | STATE TAXES | CategoryTxt |
| Amt | $1,550 | Amt |