NET WORTH: Unknown
SOURCE OF WEALTH: York Capital Management
JEWISH FUNDING AREAS: Education, Youth, Israel Advocacy, Health & Human Services
OVERVIEW: Daniel Schwartz and his wife Deborah move their philanthropy though the Deborah and Daniel Schwartz Foundation. Via the foundation, the couple give primarily to Jewish causes in the U.S. (mainly in New York), and Israel. Schwartz strongly supports his alma mater Yeshiva University, where he's a trustee. The foundation does not accept unsolicited proposals.
BACKGROUND: Daniel Schwartz holds a B.A. from Yeshiva University, and an M.S. in industrial engineering from Columbia University. He worked for Morgan Stanley. In the early 1990s, he joined York Capital Management, where he currently serves as CIO.
FUNDING PROFILE: The Schwartzes strongly support Schwartz's alma mater Yeshiva University via their family foundation. Jewish education appears to be a top priority of this funder. Other grantees include the Ramaz School in the Upper East Side, SAR Academy and Sinai School.
The couple also supports outfits in Israel and/or outfits that work for Israel. These include Etzion Foundation, which supports educational institutions in Israel; Central Fund for Israel, a "nonprofit association which funds projects in Israel, settlement projects in the West Bank"; and Friends of Ir David. The Ir David Foundation is dedicated to the "preservation and development of the Biblical City of David and its environs." Some of this philanthropy involves Jewish health and human services. The couple has strongly funded Friends of United Hatzalah, United Hatzalah of Israel is the "largest independent, non-profit, fully volunteer Emergency Medical Services organization."
In the U.S., the couple has supported outfits like Mount Sinai, and Upper East Side Hatzolah, which provides emergency medical service and emergency ambulance transport for residents of Manhattan’s Upper West Side. As another example, they've supported Halachic Organ Donor Society, which aims to increase organ donations from Jews to the general population.
The couple also directs funds to PEF Israel Endowment Fund, an outfit founded in 1922 to enable the direct distribution of funds to selected and approved charitable organizations in Israel. Other grantees include Jewish Center of Atlantic Beach, and Manhattan Jewish Experience, which works with Jewish young professionals.
LOOKING FORWARD: Daniel Schwartz is still very much engaged in business, but should be watched for greater giving in this area.
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The Deborah and Daniel Schwartz Foundation does not provide a clear avenue of contact but below is an address:
Deborah and Daniel Schwartz Foundation
767 5th Ave., 17th Fl.
New York City, NY 10153