The Stephen A. Schwarzman Foundation concentrates large, strategic gifts to elite cultural and academic institutions, prioritizing capital projects and the creation of major research or exhibition centers. Its portfolio favors top-tier universities and prominent museums, plus a recurring investment in a major animal medical center, showing an interest in institution-building and high-visibility infrastructure. Grants are often multi-million-dollar awards to support buildings, centers, and program-launch activities rather than small operating grants.
A defining pattern of the Stephen a Schwarzman Foundation is its repeated, multi-year backing for large capital projects at universities, museums, and specialized institutions. The biggest recent awards in the data all point to institution-building: Massachusetts Institute of Technology received successive multi-million-dollar grants to support a building focused on promoting the application of artificial intelligence, while the University of Oxford received repeated support for a new center of academic, cultural and ethical inquiry. That same approach appears in gifts to the Animal Medical Center for a capital campaign to renovate and expand its facilities and to The Frick Collection for a state-of-the-art auditorium. The foundation also supports named endowments and program launch costs, including an endowment in global security at Oxford’s Blavatnik School of Government and a research fund on artificial intelligence in business at Harvard Business School. Its grantmaking reaches beyond higher education into cultural institutions, athletic support, scholarship aid, food security, and service-member assistance, but the common thread is large, targeted funding for built or programmatic infrastructure.
In higher education and research, the foundation backs work tied to artificial intelligence, ethics, and governance. One grant went to Oxford’s Institute for Ethics in AI to support an accelerator fellowship program, and another established the Stephen A. Schwarzman Research Fund on Artificial Intelligence in Business at Harvard Business School. It also funded a building at MIT focused on promoting the application of artificial intelligence. Cultural institutions are another clear area: the Frick Collection received support for a state-of-the-art auditorium, while Chapel & York US Foundation Inc received funding to establish the Goodwood Art Foundation for presentation of international art and educational programs. The portfolio also includes scholarship support through Inner-city Scholarship Fund for transitional scholarships to qualifying students enrolled in Archdiocese schools.
Typical awards are large: the 25th percentile is $425,000, the median is $1,289,678, and the 75th percentile is $3,886,195. The foundation gives repeatedly to the same recipients across multiple years, including MIT, Oxford, the Animal Medical Center, The Frick Collection, Asia Society, and Palm Beach County Food Bank. It is classified as a Regular Funder and funds individuals, but the recent-grants record is dominated by institutional support rather than individual awards. The pattern is mostly project-based, with gifts aimed at buildings, renovations, endowments, and program launches rather than open application-style funding.
$76.1M
$65.3M
$25.1M
$78.8M
Most grants fall between $425K and $3.9M, with a median of $1.3M.
25th Percentile
$425K
Median
$1.3M
75th Percentile
$3.9M
Top 2 recipient countries by grant volume for Stephen A Schwarzman Foundation.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 45 | $151.9M | 84.9% |
| 2 | United Kingdom |
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Highly concentrated, very large grants to a small set of elite institutions; repeated multi-million-dollar gifts to the same organizations for capital and center-building projects rather than many small or grassroots awards.
Notable grantees: University of Oxford, Massachusetts Institute of Technology (MIT), Animal Medical Center, The Frick Collection, Chapel & York US Foundation (Goodwood Art Foundation)
Most grants in the recent dataset land in the United States, with 45 grants there versus 8 in the United Kingdom. New York appears frequently among recipient locations, including New York, NY; Cambridge, MA also appears multiple times through MIT. Oxford is another repeated destination, especially for university-based grants. Other named recipient locations include Lake Worth, FL, Salem, OH, Arlington, VA, Abington, PA, and Boston, MA. The geography reflects a concentration in a small set of institutional hubs rather than broad dispersion.
The recent grants show a strong emphasis on capital projects and institutional infrastructure: an AI-focused building at MIT, a new center of academic, cultural and ethical inquiry at Oxford, renovations and expansion at the Animal Medical Center, and a state-of-the-art auditorium at The Frick Collection. It also funds endowments and program launches, such as an endowment in global security and an accelerator fellowship program.
The grant-size distribution is high: the 25th percentile is $425,000, the median is $1,289,678, and the 75th percentile is $3,886,195. The recent top awards include multi-million-dollar grants to MIT and the University of Oxford.
Yes. Several recipients appear in multiple years, including Massachusetts Institute of Technology, University of Oxford, Animal Medical Center, The Frick Collection, Asia Society, Palm Beach County Food Bank, and USA Track & Field Foundation. That points to recurring, multi-year relationships rather than one-off gifts only.
The data shows support for artificial intelligence research, ethics and policy, arts presentation, museum restoration and performing arts infrastructure, higher education scholarships and emergency tuition assistance, athletics support for elite track and field competition, humanitarian aid, child food security, and services for military members and families in Europe.
Grant recipients are concentrated in the United States, which accounts for 45 grants, or 84.9%, in the country distribution. The United Kingdom accounts for 8 grants, or 15.1%. Among recipient cities, New York, Cambridge, Oxford, Lake Worth, Salem, Arlington, Abington, and Boston appear in the recent-grants data.
2025
Source: IRS Form 990-PF, fiscal year 2025.
| 8 |
| $73M |
15.1% |
Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLO | CAMBRIDGE, MA | $25,585,153 | 2025 | SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $22,979,700 | 2025 | SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY |
| THE FRICK COLLECTION | NEW YORK, NY | $7,314,178 | 2025 | SUPPORT CONSTRUCTION OF STATE-OF-THE-ART AUDITORIUM |
| CHAPEL YORK US FOUNDATION INC | NEW YORK, NY | $3,988,467 | 2025 | SUPPORT CONSTRUCTION OF THE GOODWOOD ART FOUNDATION, FOR PRESENTATION OF INTERNATIONAL ART AND EDUCATIONAL PROGRAMS |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $3,340,591 | 2025 | SUPPORT THE INSTITUTE FOR ETHICS IN AI TO SUPPPORT AN ACCELERATOR FELLOWSHIP PROGRAM |
| USA TRACK FIELD FOUNDATION | SALEM, OH | $2,605,578 | 2025 | SUPPORT U.S. TRACK & FIELD ATHLETES AT WORLD CHAMPIONSHIPS & OLYMPIC COMPETITIONS |
| INNER-CITY SCHOLARSHIP FUND | NEW YORK, NY | $2,552,732 | 2025 | SUPPORT TRANSITIONAL SCHOLARSHIIPS TO QUALIFYING STUDENTS ENROLLED IN ARCHDIOCESE SCHOOLS |
| AMERICAN ASSOCIATES OF THE NATIONAL | NEW YORK, NY | $2,040,160 | 2025 | SUPPORT FUNDING OF THE THEATRE'S STAGE AND BACKSTAGE FACILITIES AND TECHNICAL INFRASTRUCTURE |
| ASIA SOCIETY | NEW YORK, NY | $1,238,588 | 2025 | GENERAL SUPPORT |
| PALM BEACH COUNTY FOOD BANK | LAKE WORTH, FL | $1,209,500 | 2025 | SUPPORT THE WEEKEND FOOD FOR KIDS PROGRAM |
| INNER-CITY SCHOLARSHIP FUND | NEW YORK, NY | $742,106 | 2025 | SUPPORT EMERGENCY TUITION ASSISTANCE |
| COUNCIL ON FOREIGN RELATIONS | NEW YORK, NY | $557,992 | 2025 | SUPPORT THE RICHARD HAAS CENTER FOR EDUCATION |
| THE FRICK COLLECTION | NEW YORK, NY | $464,354 | 2025 | GENERAL SUPPORT |
| NATIONAL COMMITTEE ON US-CHINA RELA | NEW YORK, NY | $459,238 | 2025 | GENERAL SUPPORT |
| ANIT-DEFAMATION LEAGUE | NEW YORK, NY | $430,440 | 2025 | SUPPORT ADL'S EFFORTS TO COMBAT ANTISEMITISM, COUNTERING EXTREMISM, AND BATTLING BIGOTRY |
| FRIENDS OF FONDATION DE FRANCE INC | NEW YORK, NY | $250,000 | 2025 | SUPPORT THE FASHION AND TEXTILE RESTORATION FUND FOR THE MUSEE DES ARTS DECORATIFS |
| RHODES TRUST | OXFORD | $159,599 | 2025 | SUPPORT CONSTRUCTION OF NEW CONVENING CENTRE FOYER AT RHODES HOUSE NAMED SIR JOHN AND LADY HOOD HALL |
| INNER-CITY SCHOLARSHIP FUND | NEW YORK, NY | $135,859 | 2025 | ESTABLISH A SCHOLARSHIP PROGRAM FOR STUDENTS IN THE CLASS OF 2033 AT CHRIST THE KING SCHOOL-THE BRONX |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | CAMBRIDGE, MA | $24,078,911 | 2024 | SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $22,878,000 | 2024 | SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY |
| ANIMAL MEDICAL CENTER | NEW YORK, NY | $8,400,600 | 2024 | SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTER'S FACILITIES |
| CHAPEL & YORK US FOUNDATION INC | NEW YORK, NY | $4,237,190 | 2024 | ESTABLISH THE GOODWOOD ART FOUNDATION, FOR PRESENTATION OF INTERNATIONAL ART AND EDUCATIONAL PROGRAMS |
| USA TRACK & FIELD FOUNDATION | SALEM, OH | $2,795,050 | 2024 | SUPPORT U.S. TRACK & FIELD ATHLETES AT WORLD CHAMPIONSHIPS & OLYMPIC COMPETITIONS |
| PALM BEACH COUNTY FOOD BANK | LAKE WORTH, FL | $1,423,520 | 2024 | SUPPORT THE WEEKEND FOOD FOR KIDS PROGRAM |
| USO FOUNDATION | ARLINGTON, VA | $1,367,212 | 2024 | SUPPORT INFRASTRUCTURE & PROGRAM RESOURCES FOR SERVICE MEMBERS AND THEIR FAMILIES IN EUROPE |
| ASIA SOCIETY | NEW YORK, NY | $1,289,678 | 2024 | GENERAL SUPPORT |
| INNER-CITY SCHOLARSHIP FUND | NEW YORK, NY | $729,603 | 2024 | SUPPORT EMERGENCY TUITION ASSISTANCE |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $545,599 | 2024 | SUPPORT THE INSTITUTE FOR ETHICS IN AI TO ESTABLISH AN ACCELERATOR FELLOWSHIP PROGRAM |
| NATIONAL COMMITTEE ON US-CHINA RELATIONS | NEW YORK, NY | $523,600 | 2024 | GENERAL SUPPORT |
| THE FRICK COLLECTION | NEW YORK, NY | $400,000 | 2024 | GENERAL SUPPORT |
| UJA-FEDERATION OF NEW YORK | NEW YORK, NY | $251,803 | 2024 | SUPPORT HUMANITARIAN RELIEF EFFORTS IN ISRAEL |
| SAVE THE CHILDREN | FAIRFIELD, CT | $251,803 | 2024 | SUPPORT HUMANITARIAN RELIEF EFFORTS IN ISRAEL |
| FRIENDS OF UNITED HATZALAH INC | NEW YORK, NY | $251,803 | 2024 | SUPPORT HUMANITARIAN RELIEF EFFORTS IN ISRAEL |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM | NEW YORK, NY | $251,803 | 2024 | SUPPORT HUMANITARIAN RELIEF EFFORTS IN ISRAEL |
| COUNCIL ON FOREIGN RELATIONS | NEW YORK, NY | $205,679 | 2024 | SUPPORT THE RICHARD HAAS CENTER FOR EDUCATION |
| BOYS TOWN JERUSALEM FOUNDATION OF AMERICA | NEW YORK, NY | $147,551 | 2024 | SUPPORT TO BRING BOMB SHELTERS IN MAIN ACADEMIC BUILDINGS TO CODE |
| HARVARD BUSINESS SCHOOL | BOSTON, MA | $11,386 | 2024 | COMPLETION OF GRANT ESTABLISHING THE "STEPHEN A. SCHWARZMAN RESEARCH FUND ON AI IN BUSINESS" |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | CAMBRIDGE, MA | $25,621,717 | 2023 | TO SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $12,180,500 | 2023 | TO SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY |
| ANIMAL MEDICAL CENTER | NEW YORK, NY | $8,221,669 | 2023 | TO SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTERS FACILITIES |
| THE FRICK COLLECTION | NEW YORK, NY | $7,510,479 | 2023 | TO SUPPORT THE CREATION OF A STATE-OF-THE-ART AUDITORIUM |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $7,418,050 | 2023 | TO SUPPORT BUILDING ENHANCEMENT COSTS AT THE UNIVERSITY |
| UNIVERSITY OF OXFORD | WELLINGTON SQUARE OXFORD | $3,535,200 | 2023 | TO SUPPORT AN ENDOWMENT IN GLOBAL SECURITY AT THE BLAVATNIK SCHOOL OF GOVERNMENT |
| FOUNDATION FOR ABINGTON SCHOOL DISTRICT | ABINGTON, PA | $3,439,316 | 2023 | TO SUPPORT THE BUILDING OF THE "STEPHEN A. SCHWARZMAN CENTER FOR SCIENCE & TECHNOLOGY" |
| USA TRACK & FIELD FOUNDATION | SALEM, OH | $2,777,976 | 2023 | TO SUPPORT ATHLETES IN U.S. TRACK & FIELD AT WORLD CHAMPIONSHIPS AND OLYMPIC COMPETITIONS |
| ASIA SOCIETY | NEW YORK, NY | $2,492,942 | 2023 | GENERAL SUPPORT |
| PALM BEACH COUNTY FOOD BANK | LAKE WORTH, FL | $1,624,400 | 2023 | TO SUPPORT THE WEEKEND FOOD FOR KIDS PROGRAM |
| NATIONAL COMMITTEE ON US-CHINA RELATIONS | NEW YORK, NY | $1,012,963 | 2023 | GENERAL SUPPORT |
| HARVARD BUSINESS SCHOOL | BOSTON, MA | $983,926 | 2023 | ESTABLISH "STEPHEN A. SCHWARZMAN RESEARCH FUND ON ARTIFICIAL INTELLIGENCE IN BUSINESS" |
| INNER-CITY SCHOLARSHIP FUND | NEW YORK, NY | $759,969 | 2023 | TO SUPPORT EMERGENCY TUITION ASSISTANCE |
MASSACHUSETTS INSTITUTE OF TECHNOLO
$25,585,153SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE
UNIVERSITY OF OXFORD
$22,979,700SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY
THE FRICK COLLECTION
$7,314,178SUPPORT CONSTRUCTION OF STATE-OF-THE-ART AUDITORIUM
SUPPORT CONSTRUCTION OF THE GOODWOOD ART FOUNDATION, FOR PRESENTATION OF INTERNATIONAL ART AND EDUCATIONAL PROGRAMS
UNIVERSITY OF OXFORD
$3,340,591SUPPORT THE INSTITUTE FOR ETHICS IN AI TO SUPPPORT AN ACCELERATOR FELLOWSHIP PROGRAM
SUPPORT U.S. TRACK & FIELD ATHLETES AT WORLD CHAMPIONSHIPS & OLYMPIC COMPETITIONS
SUPPORT TRANSITIONAL SCHOLARSHIIPS TO QUALIFYING STUDENTS ENROLLED IN ARCHDIOCESE SCHOOLS
AMERICAN ASSOCIATES OF THE NATIONAL
$2,040,160SUPPORT FUNDING OF THE THEATRE'S STAGE AND BACKSTAGE FACILITIES AND TECHNICAL INFRASTRUCTURE
COUNCIL ON FOREIGN RELATIONS
$557,992SUPPORT THE RICHARD HAAS CENTER FOR EDUCATION
THE FRICK COLLECTION
$464,354GENERAL SUPPORT
SUPPORT ADL'S EFFORTS TO COMBAT ANTISEMITISM, COUNTERING EXTREMISM, AND BATTLING BIGOTRY
SUPPORT THE FASHION AND TEXTILE RESTORATION FUND FOR THE MUSEE DES ARTS DECORATIFS
RHODES TRUST
$159,599SUPPORT CONSTRUCTION OF NEW CONVENING CENTRE FOYER AT RHODES HOUSE NAMED SIR JOHN AND LADY HOOD HALL
ESTABLISH A SCHOLARSHIP PROGRAM FOR STUDENTS IN THE CLASS OF 2033 AT CHRIST THE KING SCHOOL-THE BRONX
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
$24,078,911SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE
UNIVERSITY OF OXFORD
$22,878,000SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY
SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTER'S FACILITIES
CHAPEL & YORK US FOUNDATION INC
$4,237,190ESTABLISH THE GOODWOOD ART FOUNDATION, FOR PRESENTATION OF INTERNATIONAL ART AND EDUCATIONAL PROGRAMS
SUPPORT U.S. TRACK & FIELD ATHLETES AT WORLD CHAMPIONSHIPS & OLYMPIC COMPETITIONS
SUPPORT INFRASTRUCTURE & PROGRAM RESOURCES FOR SERVICE MEMBERS AND THEIR FAMILIES IN EUROPE
UNIVERSITY OF OXFORD
$545,599SUPPORT THE INSTITUTE FOR ETHICS IN AI TO ESTABLISH AN ACCELERATOR FELLOWSHIP PROGRAM
THE FRICK COLLECTION
$400,000GENERAL SUPPORT
SUPPORT HUMANITARIAN RELIEF EFFORTS IN ISRAEL
COUNCIL ON FOREIGN RELATIONS
$205,679SUPPORT THE RICHARD HAAS CENTER FOR EDUCATION
SUPPORT TO BRING BOMB SHELTERS IN MAIN ACADEMIC BUILDINGS TO CODE
HARVARD BUSINESS SCHOOL
$11,386COMPLETION OF GRANT ESTABLISHING THE "STEPHEN A. SCHWARZMAN RESEARCH FUND ON AI IN BUSINESS"
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
$25,621,717TO SUPPORT A BUILDING FOCUSED ON PROMOTING THE APPLICATION OF ARTIFICIAL INTELLIGENCE
UNIVERSITY OF OXFORD
$12,180,500TO SUPPORT A NEW CENTER OF ACADEMIC, CULTURAL AND ETHICAL INQUIRY
TO SUPPORT THE CAPITAL CAMPAIGN TO RENOVATE AND EXPAND THE CENTERS FACILITIES
THE FRICK COLLECTION
$7,510,479TO SUPPORT THE CREATION OF A STATE-OF-THE-ART AUDITORIUM
UNIVERSITY OF OXFORD
$7,418,050TO SUPPORT BUILDING ENHANCEMENT COSTS AT THE UNIVERSITY
UNIVERSITY OF OXFORD
$3,535,200TO SUPPORT AN ENDOWMENT IN GLOBAL SECURITY AT THE BLAVATNIK SCHOOL OF GOVERNMENT
FOUNDATION FOR ABINGTON SCHOOL DISTRICT
$3,439,316TO SUPPORT THE BUILDING OF THE "STEPHEN A. SCHWARZMAN CENTER FOR SCIENCE & TECHNOLOGY"
TO SUPPORT ATHLETES IN U.S. TRACK & FIELD AT WORLD CHAMPIONSHIPS AND OLYMPIC COMPETITIONS
HARVARD BUSINESS SCHOOL
$983,926ESTABLISH "STEPHEN A. SCHWARZMAN RESEARCH FUND ON ARTIFICIAL INTELLIGENCE IN BUSINESS"