Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
SWARTZ FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO FWP 2310 WASHINGTON ST 3RD FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWTON, MA02462
A Employer identification number

04-3255974
B Telephone number (see instructions)

(617) 602-1901
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$238,110,075J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 801,200 801,200  
4 Dividends and interest from securities... 5,043,023 5,026,222  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
5,106,525
b Gross sales price for all assets on line 6a 63,278,394
7 Capital gain net income (from Part IV, line 2)... 5,091,436
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
605,744 603,900  
12 Total. Add lines 1 through 11........ 11,556,492 11,522,758  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 12,814 0   12,814
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
101,411 20,083   81,328
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
82,035 54,963   27,072
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
439,020 335,815   103,205
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
381,535 106,535   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,034,396 1,631,779   2,987
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,051,211 2,149,175   227,406
25 Contributions, gifts, grants paid....... 7,151,097 7,151,097
26 Total expenses and disbursements. Add lines 24 and 25 10,202,308 2,149,175   7,378,503
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,354,184
b Net investment income (if negative, enter -0-) 9,373,583
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 14,353,962 32,336,508 32,336,508
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 80,083,390 Click to see attachment
List of Attached Documents:
// Content
66,670,652 		92,885,175
c Investments—corporate bonds (attach schedule)....... 29,643,221 Click to see attachment
List of Attached Documents:
// Content
5,434,474 		4,971,620
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 71,358,057 Click to see attachment
List of Attached Documents:
// Content
101,270,719 		103,261,778
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
4,654,994 		Click to see attachment
List of Attached Documents:
// Content
4,654,994
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 195,438,630 210,367,347 238,110,075
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 143,580,540 157,155,073
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 51,858,090 53,212,274
29 Total net assets or fund balances (see instructions)..... 195,438,630 210,367,347
30 Total liabilities and net assets/fund balances (see instructions). 195,438,630 210,367,347
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
195,438,630
2
Enter amount from Part I, line 27a .....................
2
1,354,184
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
13,975,005
4
Add lines 1, 2, and 3 ..........................
4
210,767,819
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
400,472
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
210,367,347
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PASSTHROUGH REPORTING FROM INVESTMENT FUND K-1S P    
b NFS - 7259      
c NFS - 7275      
d FOREIGN EXCHANGE GAIN/LOSS P    
e ADAMAS PARTNERS P   2023-04-05
DISTRESSED MANAGERS III LP P 2006-05-01 2023-05-25
GS MEZZANINE PARTNERS 2006 OFFSHORE LP P 2006-03-01 2023-06-28
ONE WILLIAM STREET P    
VINTAGE III OFFSHORE LP P 2004-09-01 2023-06-08
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       -1,144,693
b 18,824,650   11,277,257 7,547,393
c 35,808,525   41,189,658 -5,381,133
d 4,593,513   4,575,350 18,163
e 13,212     13,212
9,454     9,454
43,563     43,563
3,981,164     3,981,164
4,313     4,313
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,144,693
b       7,547,393
c       -5,381,133
d       18,163
e       13,212
      9,454
      43,563
      3,981,164
      4,313
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,091,436
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 130,293
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 130,293
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 130,293
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 111,499
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 200,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 311,499
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 625
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 180,581
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow180,581 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
Yes
 
If "Yes," attach a detailed description of the activities.Click to see attachment
List of Attached Documents:
// Content
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowFIDUCIARY WEALTH PARTNERS Telephone no.right arrow (617) 602-1901

Located atright arrowC/O FWP 2310 WASHINGTON ST 3RD FLNEWTONMA ZIP+4right arrow02462
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowIS
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SIDNEY W SWARTZ TRUSTEE
1.00 		0 0 0
FWP 2310 WASHINGTON ST 3RD FLOOR
NEWTON,MA02462
JEFFREY SWARTZ TRUSTEE
1.00 		0 0 0
FWP 2310 WASHINGTON ST 3RD FLOOR
NEWTON,MA02462
JUDITH SWARTZ TRUSTEE
1.00 		0 0 0
FWP 2310 WASHINGTON ST 3RD FLOOR
NEWTON,MA02462
DANIEL SWARTZ OFFICER - DRE
1.00 		0 0 0
FWP 2310 WASHINGTON ST 3RD FLOOR
NEWTON,MA02462
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
BATTERY GLOBAL ADVISORS FAMILY OFFICE SERVICES 164,863
ONE MARINA PARK DRIVE SUITE 1150
BOSTON,MA02110
FIDUCIARY WEALTH ADVISORS INVESTMENT MANAGEMENT 158,831
C/O FWP 2310 WASHINGTON ST 3RD
FLOOR
NEWTON,MA02462
DAIGLE & ASSOCIATES LLP TAX 82,035
176 FEDERAL STREET
BOSTON,MA02110
COMMUNITY CAPITAL MANAGEMENT INC INVESTMENT MANAGEMENT 66,525
2500 WESTON ROAD SUITE 101
WESTON,FL33331
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 THE FOUNDATION MADE AN INTEREST-FREE LOAN TO AMERICAN FRIENDS OF OGEN - SLF, LLC, A DISREGARDED ENTITY OF AMERICAN FRIENDS OF OGEN, INC., A TAX-EXEMPT PUBLIC CHARITY DESCRIBED IN SECTIONS 501(C)(3), 170(B)(1)(A)(VI) AND 509(A)(1) OF THE INTERNAL REVENUE CODE ("OGEN"). THE LOAN WAS MADE EXCLUSIVELY TO SUPPORT OGEN'S CHARITABLE ACTIVITIES, INCLUDING, BUT NOT LIMITED TO, SUPPORTING PROGRAMS DESIGNED TO PROVIDE LOW-INTEREST LOANS TO DISADVANTAGED INDIVIDUALS, BUSINESSES AND NONPROFITS IN THE STATE OF ISRAEL. 2,764,818
2 THE FOUNDATION MADE AN INTEREST-FREE LOAN TO KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS, AN ISRAELI AMUTA WITH RESPECT TO WHICH THE FOUNDATION HAS OBTAINED AN EQUIVALENCY DETERMINATION CONCLUDING IT IS A PUBLIC CHARITY DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE ("KIEDF"). THE LOAN WAS MADE EXCLUSIVELY TO ACCOMPLISH CHARITABLE PURPOSES AND, IN PARTICULAR, TO SUPPORT KIEDF'S PROGRAM OF MAKING EMERGENCY EX-BANK LOANS TO SMALL AND MICROENTERPRISE BUSINESSES ADVERSELY AFFECTED BY THE OCTOBER 7, 2023 TERRORIST ATTACK ON ISRAEL. 1,373,928
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
199,051
Total. Add lines 1 through 3.........................right arrow4,337,797
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
128,284,915
b
Average of monthly cash balances.......................
1b
11,502,534
c
Fair market value of all other assets (see instructions)................
1c
97,024,747
d
Total (add lines 1a, b, and c).........................
1d
236,812,196
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
236,812,196
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,552,183
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
233,260,013
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
11,663,001
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
11,663,001
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
130,293
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
12,056
c
Add lines 2a and 2b............................
2c
142,349
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,520,652
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
11,520,652
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
11,520,652
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
7,378,503
b
Program-related investments—total from Part VIII-B..................
1b
4,337,797
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
11,716,300
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 11,520,652
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 9,951,919
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 11,716,300
a Applied to 2022, but not more than line 2a 9,951,919
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,764,381
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		9,756,271
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
SIDNEY W SWARTZ
JUDITH SWARTZ
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN FRIENDS OF LATET HUMANITARIAN AID INC

57 WINGATE STREET SUITE 204
HAVERHILL,MA01832 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 500,000

AMERICAN FRIENDS OF LEKET ISRAEL INC

P O BOX 2090
TEANECK,NJ076661490 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 696,000

AMERICAN FRIENDS OF OGEN INC

2330 MILTON ROAD
UNIVERSITY HEIGHTS,OH44118 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 100,000

AMERICAN FRIENDS OF OR NATIONAL MISSIONS

36W 44TH ST SUITE 1414
NEW YORK,NY10036 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 50,000

AMERICAN FRIENDS OF SHAMIR MEDICAL CENTER

61A 9TH STREET UNIT 14
BROOKLYN,NY11215 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 50,000

COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC

126 HIGH STREET
BOSTON,MA021102700 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 350,000

HADASSAH MEDICAL ORGANIZATION

KIRYAT HADASSAH POB 12000
JERUSALEM   9112001
IS 		N/A NC STEM CELL RESEARCH 864,399

HADASSAH MEDICAL ORGANIZATION

KIRYAT HADASSAH POB 12000
JERUSALEM   9112001
IS 		N/A NC ESTABLISHMENT OF A STEM CELL INSTITUTE FOR WOMEN'S HEALTH 85,036

HADASSAH MEDICAL ORGANIZATION

KIRYAT HADASSAH POB 12000
JERUSALEM   9112001
IS 		N/A NC ESTABLISHMENT OF THE HADASSAH INITIATIVE FOR RESEACH - HUMAN REPRODUCTION 300,000

JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC

9901 DONNA KLEIN BLVD
BOCA RATON,FL33428 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 100,000

KESHET DONOR ADVISED FUND

SHFAYIM CENTER 2ND FLOOR POB 376
SHFAYIM   6099000
IS 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 1,555,742

KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS

35 SHAUL HAMELECH
TEL AVIV   M 61333
IS 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 107,920

PEF ISRAEL ENDOWMENT FUNDS INC

630 THIRD AVENUE 15TH FLOOR
NEW YORK,NY100176745 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 1,881,500

PAN-MASS CHALLENGE

777 4TH AVENUE
NEEDHAM,MA02494 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 1,000

SONDUK EL YANABIA

8 HAGOREN STREET
OMER   8496500
IS 		N/A PUBLIC CHARITY GENERAL CHARITABLE SUPPORT 459,500

THE HAIFA FOUNDATION

38 HEHALUZ ST
HAIFA   3311314
IS 		N/A NC SUPPORTING THE INITIATIVE OF THE PRESIDENT OF ISRAEL 50,000
Total .................................right arrow 3a 7,151,097
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 801,200  
4 Dividends and interest from securities .... 523000 16,801 14 5,026,222  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 603,900  
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 15,089 18 5,091,436  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFROM INVESTMENT FUND K-1S - TAX-EXEMPT 		        1,844
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 31,890 11,522,758 1,844
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,556,492
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
11 TAX-EXEMPT INCOME FROM INVESTMENT
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 82,035 54,963   27,072

TY 2023 ActyNotPreviouslyRptExpln
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Explanation:
TO COMPLY WITH APPLICABLE ISRAELI LAWS, THE FOUNDATION CREATED A WHOLLY-OWNED ISRAELI SUBSIDIARY TO EMPLOY ISRAELI EMPLOYEES WHO ASSIST THE FOUNDATION TO CARRY OUT ITS CHARITABLE ACTIVITIES IN ISRAEL. THE FOUNDATION OWNS THE ISRAELI SUBSIDIARY THROUGH A WHOLLY-OWNED LIMITED LIABILITY COMPANY TREATED AS A DISREGARDED ENTITY OF THE FOUNDATION FOR U.S. TAX PURPOSES, AND THE ISRAELI SUBSIDIARY IS ALSO TREATED AS A DISREGARDED ENTITY OF THE FOUNDATION FOR U.S. TAX PURPOSES. IN ADDITION, IN CONNECTION WITH THE ACCOMPLISHMENT OF ITS CHARITABLE PURPOSES, THE FOUNDATION COMMENCED MAKING PROGRAM-RELATED INVESTMENTS, WITHIN THE MEANING OF SECTION 4944 OF THE INTERNAL REVENUE CODE.

TY 2023 AllOthProgRltdInvestmentsSch
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Category Amount
INTEREST-FREE LOAN TO PROJECT WADI ATTIR 199,051

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-01-11 162,818 STEM CELL RESEARCH 162,818 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 03/26/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-06-08 20,185 ESTABLISHMENT OF A STEM CELL INSTITUTE FOR WOMEN'S HEALTH 20,185 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 06/20/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-08-24 208,468 STEM CELL RESEARCH 208,468 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE. 09/18/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-10-11 208,521 STEM CELL RESEARCH 208,521 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 12/18/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-12-26 139,240 STEM CELL RESEARCH 139,240 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 3/31/24   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
THE HAIFA FOUNDATION
  		38 HEHALUZ STREET
HAIFA   3311314
IS 		2023-03-14 50,000 SUPPORTING THE INITIATIVE OF THE PRESIDENT OF ISRAEL 26,358 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 6/6/2024   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
WADI ATTIR
  		31
JURA   8573000
IS 		2023-04-13 199,051 SUPPORT FOR THE MANAGEMENT AND OPERATIONS OF A SUSTAINABLE ECO-FARM 199,051 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 12/31/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-05-02 300,000 ESTABLISHMENT OF THE HADASSAH INITIATIVE FOR RESEACH - HUMAN REPRODUCTION 300,000 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 10/13/2024   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-01-11 64,851 ESTABLISHMENT OF A STEM CELL INSTITUTE FOR WOMEN'S HEALTH 64,851 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 03/26/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.
HADASSAH MEDICAL ORGANIZATION
  		KIRYAT HADASSAH POB 12000
JERUSALEM    
IS 		2023-06-08 145,352 STEM CELL RESEARCH 145,352 TO THE KNOWLEDGE OF GRANTOR, NO FUNDS DIVERTED FROM ORIGINAL GRANT PURPOSE 06/20/2023   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, IT HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF THE REPORTS.

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TY 2023 GainLossSaleOtherAssetsSch
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PASSTHROUGH REPORTING FROM INVESTMENT FUND K-1S - UBTI   PURCHASED         COST 0 15,089  

TY 2023 InvestmentsCorpBondsSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Name of Bond End of Year Book Value End of Year Fair Market Value
FIDELITY 5,434,474 4,971,620

TY 2023 InvestmentsCorpStockSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Name of Stock End of Year Book Value End of Year Fair Market Value
FIDELITY 66,670,652 92,885,175

TY 2023 InvestmentsOtherSchedule2
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
01 ADVISORS 03 LP AT COST 55,526 60,000
AMOON 2 FUND, LP AT COST 3,538,500 2,902,651
AVEGO HEALTHCARE CAPITAL FUND II LP AT COST 342,714 372,805
AVID VENTURES FUND II LP AT COST 40,502 37,513
BAUPOST VALUE PARTNERS LP IV AT COST 33,839,682 31,710,832
BROWNING WEST CAYMAN FUND LP AT COST 6,700,000 8,545,084
BROWNING WEST SPV 3 LP AT COST 4,524,795 6,057,547
FIMI OPPORTUNITY 6, LP AT COST 741,900 1,222,000
FIMI OPPORTUNITY V, LP AT COST 561,056 897,000
FINEPOINT CAPITAL PARTNERS II LP AT COST 9,596,787 5,265,442
GUARDIAN POINT LP AT COST 1,513,977 2,726,696
HIGHVISTA II LIMITED PARTNERSHIP AT COST 3,973,813 2,870,693
HIGHVISTA OPPORTUNISTIC PRIVATE CREDIT FUND II LP AT COST 790,871 810,757
HIGHVISTA OPPORTUNISTIC PRIVATE CREDIT FUND LP AT COST 685,592 729,597
HIGHVISTA OPPORTUNISTIC PRIVATE EQUITY FUND I LP AT COST 545,376 590,518
HILL CITY FUND III LLC AT COST 2,173,319 2,497,921
JUPITER NZS GLOBAL EQUITY GROWTH UNCONSTRAINED FUND LP AT COST 2,331,683 2,722,354
LARP HOLDINGS LLC AT COST 3,400,093 3,615,347
MUDITA LP AT COST 2,441,644 2,499,047
NEWPATH PARTNERS III LP AT COST 59,890 64,578
SHAWSPRING PARTNERS QP FUND LP AT COST 11,472,684 11,278,752
STEPSTONE VC BLOCKCHAIN I LP AT COST 1,097,042 1,230,975
STEPSTONE VC MICRO IV LP AT COST 289,033 286,433
SYMBOL FUND I LP AT COST 437,478 435,016
TFJ CAPITAL PARTNERS LP AT COST 7,366,762 10,962,661
THEBES PARTNERS OFFSHORE, LTD AT COST 2,750,000 2,869,559

TY 2023 LegalFeesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 101,411 20,083   81,328


TY 2023 OtherAssetsSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
CASH IN TRANSIT 0 309,095 309,095
BOND ADJUSTMENTS & TIMING DIFFERENCES 0 8,102 8,102
PROGRAM RELATED INVESTMENTS 0 4,337,797 4,337,797


TY 2023 OtherDecreasesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Description Amount
ADJ FOR ENDING PARTNER'S CAP ACCT FIMI OPPORTUNITY 6 LP 2,038
ADJ FOR ENDING PARTNER'S CAP ACCT SYMBOL FUND I LP 398,434


TY 2023 OtherExpensesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FROM INVESTMENT FUND K-1S 1,631,678 1,631,678   0
FROM INVESTMENT FUND K-1S - UBTI 399,630 0   0
OTHER DEDUCTIONS - IMPACT SERVICES 2,487 0   2,487
OTHER DEDUCTIONS - NFS - 7275 75 75   0
OTHER DEDUCTIONS - NFS - 1955 26 26   0
ANNUAL FILING FEE 500 0   500


TY 2023 OtherIncomeSchedule2
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTEREST INCOME - IRS 221 221 221
OTHER INCOME - CLASS ACTION RECOVERIES 558 558 558
FROM INVESTMENT FUND K-1S 603,121 603,121 603,121
FROM INVESTMENT FUND K-1S - TAX-EXEMPT 1,844   1,844


TY 2023 OtherIncreasesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Description Amount
ADJ FOR ENDING PARTNER'S CAP ACCT BROWNING WEST SPV 3 LP 1,100,000
ADJ FOR ENDING PARTNER'S CAP ACCT HIGHVISTA II LP 2,738,542
ADJ FOR ENDING PARTNER'S CAP ACCT SHAWSPRING PARTNERS QP FUND LP 2,200,000
ADJ FOR ENDING PARTNER'S CAP ACCT TFJ CAPITAL PARTNERS LP 2,200,000
ADJ FOR ENDING SHAREHOLDER'S CAP ACCT BROWNING WEST CAYMAN FUND LP 2,200,000
ADJ FOR ENDING SHAREHOLDER'S CAP ACCT ONE WILLIAM STREET 3,528,406
PERMANENT BOOK/TAX DIFFERENCES 8,057


TY 2023 OtherProfessionalFeesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FAMILY OFFICE SERVICES 164,863 110,458   54,405
INVESTMENT MANAGEMENT FEES 225,357 225,357   0
CHARITABLE CONSULTING 48,800 0   48,800


TY 2023 TaxesSchedule
Name:
SWARTZ FOUNDATION
EIN:
04-3255974
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 275,000 0   0
STATE TAXES 1,680 1,680   0
FROM INVESTMENT FUND K-1S - FOREIGN TAXES 35,331 35,331   0
FOREIGN TAXES - NFS - 7259 69,524 69,524   0