2025-06-05T14:32:17-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 200856943 The Doug and Betsey Schwab and Family Foundation Inc % Foundation Source DOUG 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 elizabeth hurwitz-schwab president 8008391754 2025-05-27 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 281596 X 251476 135 135 9141 9141 -4529 411325 56520 755 256978 65796 0 2651 2651 6606 6606 9257 2651 6606 389000 389000 398257 2651 395606 -141279 63145 0 4937 20996 20996 384996 228658 260600 389933 249654 281596 0 0 X 389933 249654 389933 249654 389933 249654 389933 -141279 1000 249654 249654 Publicly-traded Securities 411325 354805 56520 56520 56520 878 878 878 200 0 700 900 X 0 22 22 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Elizabeth J Hurwitz-Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 Abraham Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Douglas Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Eli Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 251913 22341 0 274254 0 274254 4114 270140 13507 13507 878 878 12629 1000 13629 13629 395606 0 0 0 0 395606 13629 112121 95079 47886 174882 259970 689938 395606 13629 381977 1071915 0 112121 959794 95079 47886 174882 259970 381977 Douglas Schwab Elizabeth J Hurwitz-Schwab X ALLEGANY COMMUNITY COLLEGE FOUNDATION INC 12401 WILLOW BROOK RD SE CUMBERLAND MD 21502 N/A PC Summer Girls Who Code program 1000 ANCONA SCHOOL SOCIETY 4770 S DORCHESTER AVE CHICAGO IL 60615 N/A PC General & Unrestricted 15000 BOY SCOUTS OF AMERICA 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC General & Unrestricted 10000 CHICAGO ABORTION FUND 333 W N AVE STE 267 CHICAGO IL 60610 N/A PC General & Unrestricted 20000 CHICAGO TORTURE JUSTICE CENTER 6337 S WOODLAWN AVE CHICAGO IL 60637 N/A PC General & Unrestricted 10000 COUNTY UNITED WAY INC 115 S CENTRE ST STE 203 CUMBERLAND MD 21502 N/A PC General & Unrestricted 13500 ECOSYSTEMS OF CARE 6400 S KIMBARK AVE CHICAGO IL 60637 N/A PC General & Unrestricted 50000 EVERGREEN HERITAGE CENTER FOUNDATION INC 101 BRADDOCK HTS FROSTBURG MD 21532 N/A PC Elementary Edibles Program 5000 FAMILY CRISIS RESOURCE CENTER INC 146 BEDFORD ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 FROSTBURG STATE UNIVERSITY FOUNDATION 101 BRADDOCK RD FROSTBURG MD 21532 N/A PC Charitable Event 5000 INVISIBLE INSTITUTE 6100 S BLACKSTONE AVE CHICAGO IL 60637 N/A PC General & Unrestricted 10000 JANES PLACE INC PO BOX 77 PINTO MD 21556 N/A PC General & Unrestricted 10000 JEWISH MUSEUM 1109 5TH AVE NEW YORK NY 10128 N/A PC Judaica Acquisitions Committee fund 7500 NATIONAL BOY SCOUTS OF AMERICA FOUNDATION 1325 W WALNUT HILL LN IRVING TX 75038 N/A PC funds for two displays at the National Scout Museum for the Scouting for Special Needs Exhibit and the National Jamboree Exhibit 20000 PEOPLE FOR THE AMERICAN WAY FOUNDATION 1101 15TH ST NW STE 600 WASHINGTON DC 20005 N/A PC General & Unrestricted 1000 PHILADELPHIA UNIVERSITY 4201 HENRY AVE PHILADELPHIA PA 19144 N/A PC Doug and Betsey Schwab Textiles' New Generation Fund 30000 REFORM FOR ILLINOIS 1918 ORRINGTON AVE EVANSTON IL 60201 N/A PC General & Unrestricted 1000 UNION FOR REFORM JUDAISM 633 THIRD AVE - 7TH FLOOR NEW YORK NY 10017 N/A PC WRJ Social Justice Initiative fund 60000 UNIVERSITY OF MARYLAND FOUNDATION INC 3300 METZEROTT RD ADELPHI MD 20783 N/A PC UMCES Appalachian Laboratory fund 100000 WAMBA CHARITIES INC PO BOX 432 CUMBERLAND MD 21501 N/A PC Charitable Event 10000 389000 14 135 14 9141 18 -4529 Federal Tax Refund 01 755 5502 5502 false false false false false false false false false false X X 1 Schwab Douglas 835 MacDonald Terrace Cumberland MD 21502 251476 X 1 APPLE INC AAPL, 460 sh. 102371 2024-11-05 1 APPLE INC AAPL, 670 sh. 149105 2024-11-05 APPLE INC 186937 210352 MORGAN STANLEY INST GLOBAL OPP 16744 25642 MORGAN STANLEY INSTITUTIONAL F 24977 24606 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $389,000. This amount represents 25% or more of the Foundation's net assets of $365,667 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 6581 6581 State or Local Filing Fees 25 25 Federal Tax Refund 755 RETURNED GRANT 1000 Investment Management Services 2651 2651