The Chaim Schwartz Foundation was created upon the death of his daughter, Sandra Schwartz Tangri, to carry on his life work of preserving and studying Yiddishkeit — that is, Yiddish language, culture, theater and art. It is a charitable, philanthropic fund; which is to say, it grants small amounts of money to recognized non-profit organizations for the purpose of preserving and enriching Yiddishkeit. The Chaim Schwartz Foundation has no paid staff and a minimal operating budget, and its only activity is to disburse monies through its small grants program. The Foundation is a registered 501(c)3 non-profit organization.