Stephen A Schwarzman Foundation

Private foundation · EIN 47-4634539 · since 2015·Massachusetts, New York, United Kingdom·Updated 13 October 2026

At a glance

$76.1M
Annual giving, 2024 tax year
From the Form 990-PF filing
$205k to $12.5M
Grant range
From grants in the 990-PF filings
$1.2M
Typical grant (median)
18 grants in the latest filing
Invitation only
Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

  • The foundation does not accept unsolicited requests and works by invitation only, so a small charity should not send it a cold application.
  • About 8 in 10 of its grants fall between $205,000 and $12,500,000, with a median of about $1,250,000, so a modest request is unlikely to match its usual grant size, though that band is typical rather than a ceiling.
  • Its stated fields are education, culture, innovation and civic life, and it makes major gifts to leading institutions, so fit is most plausible for organisations working in those areas; the filing states no geographic focus.
  • Repeat giving is strong, with 96% of its grant dollars going to organisations it had also funded in earlier filings, so this is a relationship-led funder where a new applicant should expect a long road.
  • The filing gives no deadlines or application cycle, so there is no set timing to plan around.

Overview

Stephen A Schwarzman Foundation is a US private foundation based in New York, NY.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and web pages about the foundation (businesswire.com), with every statement checked against those sources. Sources read on 12 October 2026.

Priority Areas

The foundation states a commitment to investing in education, culture, innovation and civic life. Its giving has supported educational institutions across levels, cultural organisations and civic groups, as well as individuals in need. It makes major gifts to leading institutions and takes a partnership approach, working with partners to deepen the effectiveness of its investments, strengthen supported organisations and expand its reach. Examples of institutional support include university projects integrating computing and artificial intelligence across academic disciplines while addressing technology’s ethical and societal implications, and creating humanities, performing-arts and exhibition venues. Its stated work spans education and culture, with innovation and civic life also named as fields of investment.

Themes

  • Education
  • Culture
  • Innovation
  • Civic life

Geographic Focus

No geographic focus is stated; the filings show grants mainly in Massachusetts, New York and United Kingdom.

How to apply

The foundation states that it does not accept unsolicited requests.

Application success factors

  • Repeat giving: In its TY2024 filing, 96% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 53 grants to organisations were about $1,250,000 or less.

What the foundation says:

  • The Foundation works with partners to deepen the effectiveness of its investments and strengthen the organisations it supports. (as reported in other published sources)

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Massachusetts34%
New York25%
Ohio4%
Florida2%
Pennsylvania2%
Virginia<1%

2 other states: <1%

Outside the US or with no state on the filing: 32%

  • The largest single recipient received 34% of grant dollars to organisations.
  • In tax year 2024, 96% of grant dollars went to organisations Stephen A Schwarzman Foundation had funded in earlier filings.
  • 32% of grant dollars went directly to organisations outside the US (United Kingdom).
  • 4% of grant dollars went to intermediaries that regrant to other organisations.

Grants

18 grants in the latest filing analysed · median $1.2M

How much do they typically give?

Share of 18 grants in tax year 2024 by size

$100k–$250k11%
$250k–$500k22%
$500k–$1M11%
$1M and over56%

Median $1.2M (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • Massachusetts Institute of Technology · Support a building focused on promoting the application of artificial intelligence
    $25,585,1532024 tax year
  • University of Oxford · Support a new center of academic, cultural and ethical inquiry
    $22,979,7002024 tax year
  • Frick Collection · Support construction of state-of-the-art auditorium
    $7,314,1782024 tax year
  • Chapel York Us Foundation Inc · Support construction of the goodwood art foundation, for presentation of international art and educational programs
    $3,988,4672024 tax year
  • University of Oxford · Support the institute for ethics in ai to suppport an accelerator fellowship program
    $3,340,5912024 tax year
  • Usa Track Field Foundation · Support u.s. track & field athletes at world championships & olympic competitions
    $2,605,5782024 tax year
  • Inner-City Scholarship Fund · Support transitional scholarshiips to qualifying students enrolled in archdiocese schools
    $2,552,7322024 tax year
  • American Associates of the National Theatre · Support funding of the theatre's stage and backstage facilities and technical infrastructure
    $2,040,1602024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Amy Stursberg — Director
  • Rafael Reif — Director
  • Steven Mnuchin — Director
  • Jenny Zou — Secretary
  • Paul A White — Assistant Treasurer
  • John A Magliano — Treasurer
  • Jeffrey A Rosen — Vice-Chairman & Director
  • Stephen A Schwarzman — Chairman & Director

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$82,124,588$78,860,243$39,666,069Filing for 2022 tax year
2023 tax year$73,155,556$70,040,791$105,484,094Filing for 2023 tax year
2024 tax year$78,830,529$76,054,235$65,328,451Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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Contact

  • New York, NY