Donna And Marvin Schwartz Foundation
Donna And Marvin Schwartz Foundation maintains robust asset growth while consistently distributing funds, with zero executive compensation.
EIN: 137114848 · New York, NY · NTEE: Z99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $9.2M |
| Program Spending | 100% |
| Net Assets | $172.9M |
| Transparency Score | 95/100 |
Is Donna And Marvin Schwartz Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Donna And Marvin Schwartz Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Donna And Marvin Schwartz Foundation
Donna And Marvin Schwartz Foundation (EIN: 137114848) is a nonprofit organization based in New York, NY, classified under NTEE code Z99Z. The organization reported total revenue of $7.8M and total assets of $200.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Donna And Marvin Schwartz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Donna And Marvin Schwartz Foundation is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $9.2M |
| Surplus / Deficit | $-7,283,152 |
| Total Assets | $172.9M |
| Total Liabilities | $1 |
| Net Assets | $172.9M |
| Operating Margin | -372.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 224.6 months |
Financial Health Grade: B
In 2023, Donna And Marvin Schwartz Foundation reported a deficit of $7.3M with expenses exceeding revenue, holds 224.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Donna And Marvin Schwartz Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.8% | +73.0% | +0.7% |
| 2022 | +496.6% | +25.2% | +5.6% |
| 2021 | -71.4% | +75.0% | +103.0% |
| 2020 | +53.7% | -45.2% | +16.7% |
| 2019 | +362.5% | -24.8% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Donna And Marvin Schwartz Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Donna And Marvin Schwartz Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a foundation of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Donna And Marvin Schwartz Foundation:
- Substantial and growing asset base ($200,547,090 latest)
- Consistent zero executive compensation across all filings
- Strong program spending (100% of expenses are grants/program-related for a private foundation)
- Clear and consistent IRS 990 filing history
- Low liabilities relative to assets (e.g., $1 liability in multiple recent periods)
Frequently Asked Questions about Donna And Marvin Schwartz Foundation
Is Donna And Marvin Schwartz Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Donna And Marvin Schwartz Foundation (EIN: 137114848) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Donna And Marvin Schwartz Foundation spend its money?
Donna And Marvin Schwartz Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Donna And Marvin Schwartz Foundation tax-deductible?
Donna And Marvin Schwartz Foundation is registered as a tax-exempt nonprofit (EIN: 137114848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Donna And Marvin Schwartz Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Donna And Marvin Schwartz Foundation is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Donna And Marvin Schwartz Foundation located?
Donna And Marvin Schwartz Foundation is headquartered in New York, New York and files with the IRS under EIN 137114848. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Donna And Marvin Schwartz Foundation have?
Donna And Marvin Schwartz Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.8M in total revenue.
Is the Donna And Marvin Schwartz Foundation a good charity?
Yes, as a private foundation, it appears to be a very effective grantmaking entity. It has substantial assets, consistently distributes funds (often exceeding annual revenue), and reports zero executive compensation, indicating that its resources are directed towards its charitable mission.
How does the foundation manage its finances given fluctuating revenue and expenses?
As a private foundation, it operates primarily by distributing grants from its endowment. The fluctuations in annual revenue (e.g., $23,739,897 in 2022 vs. $1,955,593 in 2023) and expenses (e.g., $9,238,745 in 2023 vs. $2,437,823 in 2020) are typical for such entities, as they strategically disburse funds over time, often drawing from investment returns and principal.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over the past decade, increasing from $67,471,653 in 2011 to $200,547,090 in the latest filing, demonstrating strong financial stewardship and investment performance.
Filing History
IRS 990 filing history for Donna And Marvin Schwartz Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Donna And Marvin Schwartz Foundation's revenue has declined by 74.8%, moving from $7.8M to $2.0M. Total assets increased by 156.3% over the same period, from $67.5M to $172.9M. Total functional expenses rose by 99.2%, from $4.6M to $9.2M. In its most recent filing year (2023), Donna And Marvin Schwartz Foundation reported a deficit of $7.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $172.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $172.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $9.2M | $172.9M | $1 | — | View 990 |
| 2022 | $23.7M | $5.3M | $171.7M | $1 | — | View 990 |
| 2021 | $4.0M | $4.3M | $162.6M | $1.8M | — | View 990 |
| 2020 | $13.9M | $2.4M | $80.1M | $1 | — | View 990 |
| 2019 | $9.1M | $4.4M | $68.6M | $1 | — | View 990 |
| 2015 | $2.0M | $5.9M | $68.4M | $14.6M | — | View 990 |
| 2014 | $1.7M | $5.2M | $72.7M | $14.9M | — | View 990 |
| 2013 | $3.6M | $4.6M | $61.3M | $1 | — | View 990 |
| 2012 | $1.4M | $3.9M | $65.7M | $3.4M | — | View 990 |
| 2011 | $7.8M | $4.6M | $67.5M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $9.2M, and assets of $172.9M (revenue -91.8% year-over-year).
- 2022: Revenue of $23.7M, expenses of $5.3M, and assets of $171.7M (revenue +496.6% year-over-year).
- 2021: Revenue of $4.0M, expenses of $4.3M, and assets of $162.6M (revenue -71.4% year-over-year).
- 2020: Revenue of $13.9M, expenses of $2.4M, and assets of $80.1M (revenue +53.7% year-over-year).
- 2019: Revenue of $9.1M, expenses of $4.4M, and assets of $68.6M (revenue +362.5% year-over-year).
- 2015: Revenue of $2.0M, expenses of $5.9M, and assets of $68.4M (revenue +16.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $5.2M, and assets of $72.7M (revenue -53.5% year-over-year).
- 2013: Revenue of $3.6M, expenses of $4.6M, and assets of $61.3M (revenue +156.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $3.9M, and assets of $65.7M (revenue -81.8% year-over-year).
- 2011: Revenue of $7.8M, expenses of $4.6M, and assets of $67.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Donna And Marvin Schwartz Foundation:
Data Sources and Methodology
This transparency report for Donna And Marvin Schwartz Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.