THE DOUG AND BETSEY SCHWAB AND FAMILY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE DOUG AND BETSEY SCHWAB AND FAMILY FOUNDATION INC (EIN 20-0856943)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-04-30
- IRS object ID
- 202001219349101800
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-30T15:13:14-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200856943 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Doug and Betsey Schwab and Family | BusinessNameLine1Txt |
| Business Name Line2 | Foundation Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DOUG | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH HURWITZ-SCHWAB | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 68.194.129.137 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520201215000036 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-04-30 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 63476347D9E071966F9E2565D7EF6A27653B0A32 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D2746C13DFDED97F2954BEA0DC7B7E2EDF81EBF0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $371,023 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $368 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $368 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,685 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,685 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,697 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $135,079 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,580 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $16,750 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $27,633 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $4,087 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,087 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,456 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,025 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,025 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,568 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,087 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,025 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $126,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $126,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $136,568 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,087 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $131,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$119,818 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $23,546 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $18,067 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $16,240 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $16,240 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $428,389 | CorporateStockBOYAmt |
| Corporate Stock EOY | $310,398 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $354,783 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $446,456 | TotalAssetsBOYAmt |
| Total Assets EOY | $326,638 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $371,023 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $446,456 | RetainedEarningBOYAmt |
| Retained Earning EOY | $326,638 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $446,456 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $326,638 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $446,456 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $326,638 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $446,456 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$119,818 | ExcessRevenueOverExpensesAmt |
| Subtotal | $326,638 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $326,638 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $135,079 | GrossSalesPriceAmt |
| Cost Or Other Basis | $115,499 | CostOrOtherBasisAmt |
| Gain Or Loss | $19,580 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $19,580 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,580 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $81,642 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $325,181 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.251066 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $107,794 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $240,777 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.447692 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $149,016 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $333,244 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.447168 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $161,312 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $509,518 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.316597 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $237,198 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $345,612 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.686313 | DistributionYr5Rt |
| Total Distribution | 2.148836 | TotalDistributionRt |
| Average Distribution | 0.429767 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $387,499 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $166,534 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $235 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $166,769 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $131,025 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $471 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $471 | SubtotalAmt |
| Tax Based On Investment Income | $471 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $471 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $375,641 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $17,759 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $393,400 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $393,400 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,901 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $387,499 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,375 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,375 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $471 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $471 | TotalTaxAmt |
| Distributable Before Adj | $18,904 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,904 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,904 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $131,025 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $131,025 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $131,025 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,904 | DistributableAsAdjustedAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $221,737 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $136,130 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $132,438 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $96,089 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $67,039 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $653,433 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $131,025 | QualifyingDistributionsAmt |
| Applied To Current Year | $18,904 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $112,121 | RemainingDistriFromCorpusAmt |
| Total Corpus | $765,554 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $221,737 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $543,817 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $136,130 | ExcessFromYear4Amt |
| Excess From Year3 | $132,438 | ExcessFromYear3Amt |
| Excess From Year2 | $96,089 | ExcessFromYear2Amt |
| Excess From Year1 | $67,039 | ExcessFromYear1Amt |
| Excess From Current Year | $112,121 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Douglas Schwab | ContributingManagerNm |
| Contributing Manager | Elizabeth J Hurwitz-Schwab | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALLEGANY ARTS COUNCIL INC | |||||||
| 9 N CENTRE ST | CUMBERLAND | MD | 21502 | N/A | PC | Charitable Event | $1,000 |
| B'ER CHAYIM CONGREGATION | |||||||
| 107 UNION ST | CUMBERLAND | MD | 21502 | N/A | PC | 2019 High Holiday Appeal and Book of Memory Initiative FUND | $1,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | Charitable Event | $4,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | 2019 Friends of Scouting Board & Community Contribution Fund | $2,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | Camp Potomac Shower Building | $50,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | Friends of Scouting | $2,000 |
| CHICAGO COMMUNITY BOND FUND | |||||||
| 601 S CALIFORNIA AVE | CHICAGO | IL | 60612 | N/A | PC | General & Unrestricted | $1,000 |
| CHICAGO PUBLIC MEDIA INC | |||||||
| NAVY PIER 848 E GRAND AVE | CHICAGO | IL | 60611 | N/A | PC | General & Unrestricted | $1,000 |
| COUNTY UNITED WAY INC | |||||||
| 113A S CENTRE ST | CUMBERLAND | MD | 21502 | N/A | PC | 2020 Legacy Campaign | $10,000 |
| CUMBERLAND SUMMER THEATER | |||||||
| 101 N JOHNSON ST | CUMBERLAND | MD | 21502 | N/A | PC | General & Unrestricted | $2,500 |
| EVERGREEN HERITAGE CENTER FOUNDATION INC | |||||||
| 101 BRADDOCK HTS | FROSTBURG | MD | 21532 | N/A | PC | General & Unrestricted | $1,000 |
| FAMILY CRISIS RESOURCE CENTER INC | |||||||
| 146 BEDFORD ST | CUMBERLAND | MD | 21502 | N/A | PC | General & Unrestricted | $10,000 |
| FOODBANK INC | |||||||
| 56 ARMOR PL | DAYTON | OH | 45417 | N/A | PC | General & Unrestricted | $1,000 |
| FROSTBURG STATE UNIVERSITY FOUNDATION | |||||||
| 101 BRADDOCK RD | FROSTBURG | MD | 21532 | N/A | PC | Charitable Event | $5,000 |
| GREATER CHICAGO FOOD DEPOSITORY | |||||||
| 4100 W ANN LURIE PL | CHICAGO | IL | 60632 | N/A | PC | General & Unrestricted | $1,000 |
| HELLO BABY NFP | |||||||
| 14 N PEORIA ST STE 2E | CHICAGO | IL | 60607 | N/A | PC | General & Unrestricted | $500 |
| HYDE PARK NEIGHBORHOOD CLUB | |||||||
| 5480 S KENWOOD AVE | CHICAGO | IL | 60615 | N/A | PC | General & Unrestricted | $500 |
| INVISIBLE INSTITUTE | |||||||
| 6100 S BLACKSTONE AVE | CHICAGO | IL | 60637 | N/A | PC | General & Unrestricted | $1,000 |
| JANES PLACE INC | |||||||
| 26 GREENE ST | CUMBERLAND | MD | 21502 | N/A | PC | General & Unrestricted | $10,000 |
| NIGHT MINISTRY | |||||||
| 4711 N RAVENSWOOD AVE | CHICAGO | IL | 60640 | N/A | PC | General & Unrestricted | $1,000 |
| PRO PUBLICA INC | |||||||
| 155 AVE OF THE AMERICAS 13TH FL | NEW YORK | NY | 10013 | N/A | PC | General & Unrestricted | $1,000 |
| RONALD MCDONALD HOUSE CHARITIES OF CHICAGOLAND AND | |||||||
| 1301 W 22ND ST STE 905 | OAK BROOK | IL | 60523 | N/A | PC | Rebuilding efforts at the UChicago house | $1,000 |
| SOUTHWEST CHICAGO HOMELESS SERVICES | |||||||
| 3121 W 71ST ST | CHICAGO | IL | 60629 | N/A | PC | General & Unrestricted | $1,000 |
| WAMBA CHARITIES INC | |||||||
| PO BOX 432 | CUMBERLAND | MD | 21501 | N/A | PC | Charitable Event | $10,000 |
| JEWISH MUSEUM | |||||||
| 1109 5TH AVE | NEW YORK | NY | 10128 | n/a | PC | General & Unrestricted | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $126,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $368 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,685 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,697 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $16,750 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,750 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESCO WATER RESOURCES ETF | $15,530 | $19,315 |
| ISHARES S&P 500 GROWTH INDEX F | $17,162 | $22,269 |
| ISHARES TR S & P MIDCAP 400 IN | $7,365 | $10,291 |
| MATTHEWS ASIA PACIFIC EQUITY I | $27,388 | $29,288 |
| MATTHEWS JAPAN FUND | $12,795 | $13,918 |
| MERCK & CO INC | $15,352 | $21,828 |
| MORGAN STANLEY INSTITUTIONAL F | $109,656 | $119,837 |
| PIMCO INCOME FUND P CLASS | $26,573 | $25,980 |
| SPDR S&P DIVIDEND ETF | $53,950 | $64,541 |
| VANGUARD FTSE EUROPEAN ETF | $14,341 | $15,236 |
| VERIZON COMMUNICATIONS | $10,286 | $12,280 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 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, 2019, the Foundation made distributions from assets from sources other than current income.Collectively, the distributions in excess of current income totaled $118,500. This amount represents 25% or more of the Foundation's net assets of $411,580 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. 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 XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $5,000 | $5,000 |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $4,087 | Amt |
| Net Investment Income | $4,087 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Excise Tax for 2018 | CategoryTxt |
| Amt | $1,456 | Amt |
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