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Schwartz Family Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 137214192 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Schwartz Family Foundation?

The Schwartz Family Foundation is a nonprofit organization situated in Brooklyn, New York. The foundation is run by volunteer trustees who do not receive any remuneration. Its primary mission is to support charitable organizations that uphold Orthodox Jewish practices and promote scholarship within this religious community. The foundation distributes its funds to these organizations, contributing to their ongoing activities and initiatives.

Is Schwartz Family Foundation legitimate?

Schwartz Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schwartz Family Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Schwartz Family Foundation?

The Schwartz Family Foundation's mission is to support charitable organizations that promote Orthodox Jewish practices and scholarship. They distribute funds through the efforts of volunteer trustees who do not receive any compensation. The foundation's goal is to contribute to organizations that uphold Orthodox Jewish values and scholarly pursuits. While specific details about the activities or initiatives of these organizations are not provided, it can be inferred that the Schwartz Family Foundation aims to promote and strengthen the Orthodox Jewish community through its charitable contributions.

Who is the CEO of Schwartz Family Foundation?

Yekusiel Drezdner is the Trustee of Schwartz Family Foundation.

What is the revenue of Schwartz Family Foundation?

Schwartz Family Foundation's revenue in 2020 was $27.

Who are the executives of Schwartz Family Foundation and what are their salaries?


Here are 2 key members and their salaries:


Isaak Markovits (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yekusiel Drezdner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Schwartz Family Foundation?

Schwartz Family Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Schwartz Family Foundation

The Schwartz Family Foundation is committed to supporting charitable organizations that uphold Orthodox Jewish practices and scholarship. Their mission is to distribute funds to these organizations, with the volunteer trustees of the foundation not receiving any compensation for their work. This philanthropic endeavor aims to bolster organizations that promote and preserve Orthodox Jewish values and scholarly pursuits. By providing financial assistance, the Schwartz Family Foundation contributes to the continued growth and influence of these organizations, thereby reinforcing and fostering the Orthodox Jewish community.

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Impact




October, 2024

The Schwartz Family Foundation significantly impacts the community by supporting religious organizations that promote Orthodox Jewish practices and scholarship. Through the dedicated efforts of volunteer trustees, who serve without financial compensation, the foundation distributes funds to enhance religious education and support various charitable initiatives. This commitment to philanthropy fosters a stronger sense of community and enriches the cultural and spiritual lives of those involved, particularly in Brooklyn, NY, where the foundation is based. By prioritizing the dissemination of Orthodox values and knowledge, the foundation plays a crucial role in sustaining and advancing these traditions within the Jewish community.




This information is meant to be a general summary of Schwartz Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$27 (2020)
Expenses
$35,301 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $27
  • Gross Receipts: $27

Assets and Liabilities:

  • Total Assets: $179,463
  • Total Liabilities: $0
  • Net Assets: $179,463

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Organization Details

Principal Officer

Yekusiel Drezdner

Main Address

316 AVENUE I, BROOKLYN, NY, 11230

NTEE Category

Code: T30 - Philanthropy

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