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Yitzchak And Miriam Schwartzman Foundation Inc

  • Morristown, NJ
  • Tax-exempt since April 2014
  • EIN: 26-2669819

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$70.3k (2024)

Expenses
$232k (2024)

Total Assets
$1.7M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$70,339
Expenses
$231,618
Net Income
-$161,279
Net Assets
$1,702,833
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $7,100
10.1%
Interest Revenue $0
Dividends $92,176
> 100%
Sales of Assets -$28,937
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $210,000
90.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,702,833
Total Liabilities $0
Net Assets $1,702,833
Compensation
Key Employees and Officers Compensation Other
Rabbi Menachem Herson (Trustee) $0 $0
Rabbi Israel Goldberg (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$86,198
Expenses
$117,085
Net Income
-$30,887
Net Assets
$1,864,112
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $94,940
> 100%
Sales of Assets -$8,742
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $105,000
89.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,864,112
Total Liabilities $0
Net Assets $1,864,112
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$99,052
Expenses
$118,400
Net Income
-$19,348
Net Assets
$1,897,390
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,000
2.0%
Interest Revenue $410
0.4%
Dividends $91,324
92.2%
Sales of Assets $5,318
5.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $100,000
84.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,897,390
Total Liabilities $0
Net Assets $1,897,390
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$170,776
Expenses
$126,877
Net Income
$43,899
Net Assets
$1,916,738
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8
0.0%
Dividends $73,287
42.9%
Sales of Assets $97,481
57.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $109,000
85.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,916,738
Total Liabilities $0
Net Assets $1,916,738
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$80,617
Expenses
$78,000
Net Income
$2,617
Net Assets
$1,872,838
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $80
0.1%
Dividends $80,498
99.9%
Sales of Assets $39
0.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75,000
96.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,872,839
Total Liabilities $1
Net Assets $1,872,838
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 23, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$114,255
Expenses
$125,833
Net Income
-$11,578
Net Assets
$1,870,221
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,143
1.9%
Dividends $83,678
73.2%
Sales of Assets $28,434
24.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $120,000
95.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,870,222
Total Liabilities $1
Net Assets $1,870,221
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$119,953
Expenses
$115,416
Net Income
$4,537
Net Assets
$1,881,800
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,676
3.1%
Dividends $89,714
74.8%
Sales of Assets $23,377
19.5%
Other Income $3,186
2.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,003
84.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,881,800
Total Liabilities $0
Net Assets $1,881,800
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 8, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$96,521
Expenses
$105,401
Net Income
-$8,880
Net Assets
$1,877,263
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,784
3.9%
Dividends $77,533
80.3%
Sales of Assets $9,640
10.0%
Other Income $5,564
5.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $99,000
93.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,877,263
Total Liabilities $0
Net Assets $1,877,263
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi Asher Zelig Herson (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$98,592
Expenses
$98,500
Net Income
$92
Net Assets
$1,886,143
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $98,592
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,886,143
Total Liabilities $0
Net Assets $1,886,143
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi David Hollander (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$96,199
Expenses
$99,500
Net Income
-$3,301
Net Assets
$1,787,291
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $96,199
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $99,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,787,291
Total Liabilities $0
Net Assets $1,787,291
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi David Hollander (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 10, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$105,256
Expenses
$116,500
Net Income
-$11,244
Net Assets
$1,896,223
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $105,256
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $116,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,896,223
Total Liabilities $0
Net Assets $1,896,223
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi David Hollander (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 17, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$43,356
Expenses
$44,500
Net Income
-$1,144
Net Assets
$1,819,929
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $43,356
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $44,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,819,929
Total Liabilities $0
Net Assets $1,819,929
Compensation
Key Employees and Officers Compensation Other
Rabbi Moshe Herson (Trustee) $0 $0
Paul Feinberg (Trustee) $0 $0
Rabbi David Hollander (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 17, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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