Eric and Kelly Schwartz Charitable Trust
93% goes to programs $0 to raise $100 Strong reserves Growing revenue
Eric and Kelly Schwartz Charitable Trust is a 501(c)(3) organization based in Fairfield, Iowa, registered in 2016, with $13,710,678 in FY2024 revenue. CharityIndex grades it B+, and it directs about 93% of spending to programs.
1776 Pleasant Plain Rd, Fairfield, IA, 52556 EIN 47-4959497 Since 2016
Revenue (FY2024)
$13.7M
▼ 86.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.5M
Net assets
$332.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Eric and Kelly Schwartz Charitable Trust: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating1579 mo reserves · +82% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Eric and Kelly Schwartz Charitable Trust: 1579 mo reserves · +82% margin earns a B+ on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Eric and Kelly Schwartz Charitable Trust: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Eric and Kelly Schwartz Charitable Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support the santa barbara foundation
Contact & location
- Address
- 1776 Pleasant Plain Rd, Fairfield, IA, 52556
- City
- Fairfield
- State
- Iowa
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $14.5M (FY2015) to $13.7M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $332.5M
Operating margin
81.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$332.5M
Total liabilities
$0
Net assets
$332.5M
Salaries & benefits
$0
0% of expenses
Board members
5
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,710,678▼86.2% | $2,527,101▲9.0% | $332,507,517▲33.4% | $332,507,517▲33.4% | 990 |
| 2023 | $99,678,800▲3118% | $2,318,855▲117% | $249,210,076▲96.7% | $249,210,076▲96.7% | 990 |
| 2022 | $3,097,110▼21.2% | $1,069,155▲67.6% | $126,690,369▲96.2% | $126,690,369▲96.2% | 990 |
| 2021 | $3,929,578▲152% | $637,828▼34.1% | $64,567,604▲27.1% | $64,567,604▲27.1% | 990 |
| 2020 | $1,557,723▼7.5% | $968,112▼43.2% | $50,785,851▲2.8% | $50,785,851▲2.8% | 990 |
| 2019 | $1,683,190▼39.4% | $1,703,251▲97.0% | $49,402,317▲16.5% | $49,402,317▲16.5% | 990 |
| 2018 | $2,779,457▲7.8% | $864,442▼35.2% | $42,413,608▲25.2% | $42,413,608▲25.2% | 990 |
| 2017 | $2,577,326▼86.7% | $1,333,090▲53.5% | $33,877,765▲15.0% | $33,877,765▲14.6% | 990 |
| 2016 | $19,326,053▲33.6% | $868,390 | $29,447,545▲104% | $29,573,529▲104% | 990 |
| 2015 | $14,466,665 | $0 | $14,466,665 | $14,466,665 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amy Webber | Trustee | 1 | — |
| Eric Schwartz | Trustee, Principal Officer | 1 | — |
| Jacqueline Carrera | Trustee | 1 | — |
| Kelly Schwartz | Trustee | 1 | — |
| Todd Yuba | Trustee | 1 | — |
Grants made · $2.3M in FY2024
4 grants totaling $2.3M in FY2024. All grants made by Eric and Kelly Schwartz Charitable Trust →
| Recipient | Purpose | Amount |
|---|---|---|
| Santa Barbara Foundation | In support of santa barbara foundation, impact investing, housing affordability, wildfire resilience, and conservation, environment and public trails projects | $838,000 |
| Medical Debt Resolution Inc | In support of santa barbara foundation, for general support | $500,000 |
| Community Foundation of Jackson Hole | In support of santa barbara foundation, for general support | $500,000 |
| Protect Our Water Jackson Hole Inc | In support of santa barbara foundation, for general support | $500,000 |
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Compare Eric and Kelly Schwartz Charitable Trust
Frequently asked questions
- Is Eric and Kelly Schwartz Charitable Trust a legitimate nonprofit?
- Yes. Eric and Kelly Schwartz Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-4959497, based in Fairfield, Iowa. Donations are tax-deductible.
- What is Eric and Kelly Schwartz Charitable Trust's EIN?
- Eric and Kelly Schwartz Charitable Trust's Employer Identification Number (EIN) is 47-4959497.
- How much revenue does Eric and Kelly Schwartz Charitable Trust report?
- Eric and Kelly Schwartz Charitable Trust reported $13,710,678 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Eric and Kelly Schwartz Charitable Trust's spending goes to programs?
- Eric and Kelly Schwartz Charitable Trust spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Eric and Kelly Schwartz Charitable Trust have?
- CharityIndex grades Eric and Kelly Schwartz Charitable Trust B+, based on program efficiency and fundraising cost.
- How much does Eric and Kelly Schwartz Charitable Trust's highest-paid employee make?
- The highest reported compensation on Eric and Kelly Schwartz Charitable Trust's latest Form 990 is $0, paid to Amy Webber (Trustee).
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Data for Eric and Kelly Schwartz Charitable Trust (EIN 47-4959497) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.