Nonprofit · EIN 52-1852485
THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION
Tax-exempt · CHEVY CHASE, MD 20815
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $122,807 | $71,419 | $51,388 | $703,732 | $0 | $703,732 |
| December 31, 2024 | 990-PF | $52,539 | $135,565 | -$83,026 | $652,344 | $0 | $652,344 |
| December 31, 2023 | 990-PF | $102,654 | $131,149 | -$28,495 | $735,370 | $0 | $735,370 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,610
- Dividends
- $13,845
- Net gain from sales of assets
- $92,352
Expenses
- Grants and similar amounts paid
- $52,660
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $58,415
- Excise tax on investment income
- $1,307
Balance sheet and other
- Total assets, start of year
- $652,344
- Total assets, end of year
- $703,732
- Total liabilities, end of year
- $0
- Net assets, end of year
- $703,732
- Fair market value of assets
- $5,203,954
- Qualifying distributions
- $58,415
- Net investment income
- $106,197
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RHEA S SCHWARTZ 5600 WISCONSIN AVENUE SUITE 20B, CHEVY CHASE, MD 20815 | CHAIRMAN | 0 | $0 |
| MICHAEL LEVITT 10100 WASHINGTONIAN BLVD APT 3021, GAITHERSBURG, MD 20878 | VICE PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RHEA S SCHWARTZ 5600 WISCONSIN AVENUE SUITE 20B, CHEVY CHASE, MD 20815 | CHAIRMAN | 0 | $0 |
| MICHAEL LEVITT 5408 WEHAWKEN ROAD, BETHESDA, MD 20816 | VICE PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RHEA S SCHWARTZ 5600 WISCONSIN AVENUE SUITE 20B, CHEVY CHASE, MD 20815 | CHAIRMAN | 0 | $0 |
| PAUL MARTIN WOLFF 5600 WISCONSIN AVENUE SUITE 20B, CHEVY CHASE, MD 20815 | PRESIDENT | 0 | $0 |
| MICHAEL LEVITT 5408 WEHAWKEN ROAD, BETHESDA, MD 20816 | VICE PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 5600 WISCONSIN AVE APT 20B, CHEVY CHASE, MD 20815-4414
- Signed the 990-PF
- RHEA S SCHWARTZ, CHAIRMAN
- Phone
- (202) 320-5659
- Return prepared by
- TKR ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-1852485
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $703,732
- Income (IRS master file)
- $135,625
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $122,807 | $71,419 | $703,732 | IRS |
| 990-PF | December 2024 | $52,539 | $135,565 | $652,344 | IRS |
| 990-PF | December 2023 | $102,654 | $131,149 | $735,370 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1852485).
Questions about THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION
- What is the EIN of THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION?
- The employer identification number (EIN) of THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION is 52-1852485.
- Is THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does THE RHEA S SCHWARTZ AND PAUL MARTIN WOLFF FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $122,807, expenses of $71,419 and total assets of $703,732 at year end.
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