Nonprofit · EIN 81-3360510
DAVID SCHWARTZ FOUNDATION
Tax-exempt · NEW YORK, NY 10016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-PF | $1,353,217 | $907,390 | $445,827 | $15,812,219 | $6,012 | $15,806,207 |
| May 31, 2024 | 990-PF | $657,108 | $1,277,135 | -$620,027 | $15,360,380 | $0 | $15,360,380 |
| May 31, 2023 | 990-PF | $205,067 | $902,242 | -$697,175 | $15,980,407 | $0 | $15,980,407 |
Financial details: 990-PF for the year ended May 31, 2025
Revenue
- Dividends
- $316,494
- Net gain from sales of assets
- $1,036,723
Expenses
- Grants and similar amounts paid
- $841,182
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $841,182
- Excise tax on investment income
- $18,226
Balance sheet and other
- Total assets, start of year
- $15,360,380
- Total assets, end of year
- $15,812,219
- Total liabilities, end of year
- $6,012
- Net assets, end of year
- $15,806,207
- Fair market value of assets
- $19,075,067
- Qualifying distributions
- $841,182
- Net investment income
- $1,353,217
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN SCHWARTZ C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | PRESIDENT | 6 | $0 |
| SHEILA SCHWARTZ C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | VICE PRESIDENT | 2 | $0 |
| STEPHEN D GARDNER C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | SECRETARY | 1 | $0 |
990-PF for the year ended May 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN SCHWARTZ C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | PRESIDENT | 6 | $0 |
| SHEILA SCHWARTZ C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | VICE PRESIDENT | 2 | $0 |
| STEPHEN D GARDNER C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | SECRETARY | 1 | $0 |
990-PF for the year ended May 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN SCHWARTZ C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | PRESIDENT | 6 | $0 |
| SHEILA SCHWARTZ C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | VICE PRESIDENT | 2 | $0 |
| STEPHEN D GARDNER C/O SACKS 600 THIRD AVENUE, NEW YORK, NY 10016 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- CO SACKS CO 600 THIRD AVE 2604, NEW YORK, NY 10016-0000
- In care of
- % SACKS & CO
- Signed the 990-PF
- JOHN S SCHWARTZ, PRESIDENT
- Phone
- (212) 682-6640
- Return prepared by
- SACKS PRESS & LACHER PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-PF on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-3360510
- 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
- 2018
- Accounting year ends
- May
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $15,812,219
- Income (IRS master file)
- $3,919,721
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | May 2025 | $1,353,217 | $907,390 | $15,812,219 | XML |
| 990-PF | May 2024 | $657,108 | $1,277,135 | $15,360,380 | XML |
| 990-PF | May 2023 | $205,067 | $902,242 | $15,980,407 | XML |
| 990-PF | May 2022 | – | – | – | IRS |
| 990-PF | May 2021 | – | – | – | IRS |
| 990-PF | May 2019 | – | – | – | 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 81-3360510).
Questions about DAVID SCHWARTZ FOUNDATION
- What is the EIN of DAVID SCHWARTZ FOUNDATION?
- The employer identification number (EIN) of DAVID SCHWARTZ FOUNDATION is 81-3360510.
- Is DAVID SCHWARTZ FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to DAVID SCHWARTZ FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID SCHWARTZ FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID SCHWARTZ FOUNDATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAVID SCHWARTZ FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended May 2025.
- Who are the officers and directors of DAVID SCHWARTZ FOUNDATION?
- The 990-PF for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DAVID SCHWARTZ FOUNDATION have?
- On its 990-PF for the year ended May 31, 2025 it reported revenue of $1,353,217, expenses of $907,390 and total assets of $15,812,219 at year end.
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