2019-05-13T15:19:52-05:00 2018-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2018-01-01 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 2019-04-29 true Jeffrey D Haskell P01345770 8008391754 47.20.178.41 06391520191335000611 2019-05-13 P 54CCAE8F7BC02385263C2CCCA723B6609AD4C170 8776116A3220F8F92B6869340FF540F084420A8B 2018 2019-02-21 02:37:17Z X 411580 X 335114 185 185 6998 6998 7180 259593 78363 349477 85546 0 2734 2734 267 5026 1 5025 8027 2735 5025 76617 76617 84644 2735 81642 264833 82811 8846 18067 18067 172777 428389 393513 181623 446456 411580 0 0 X 181623 446456 181623 446456 181623 446456 181623 264833 446456 446456 Publicly-traded Securities 259593 181230 78363 78363 78363 false 107794 240777 0.447692 149016 333244 0.447168 161312 509518 0.316597 237198 345612 0.686313 75727 410855 0.184316 2.082086 0.416417 325181 135411 828 136239 81642 1656 1656 1656 200 200 X 1456 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 317352 12781 0 330133 0 330133 4952 325181 16259 16259 1656 1656 14603 14603 14603 81642 0 0 0 0 81642 81642 14603 2016 2015 2014 56158 221737 136130 132438 96089 642552 81642 14603 67039 709591 0 56158 653433 221737 136130 132438 96089 67039 Douglas Schwab Elizabeth J Hurwitz-Schwab X ALLEGANY COUNTY BOARD OF EDUCATION 108 WASHINGTON ST Cumberland MD 21502 N/A GOV Food and Nutrition Services Program 5617 BOY SCOUTS OF AMERICA 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC 2018 Friends of Scouting Campaign - Board & Community contribution fund 2000 BOY SCOUTS OF AMERICA 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC Friends of Scouting Campaign 4000 BOY SCOUTS OF AMERICA 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC Friends of Scouting Campaign 2000 BUILD INCORPORATED 5100 W HARRISON ST CHICAGO IL 60644 N/A PC General & Unrestricted 500 CHICAGO COMMUNITY BOND FUND 601 S CALIFORNIA AVE CHICAGO IL 60612 N/A PC General & Unrestricted 1000 CHICAGO PUBLIC MEDIA INC NAVY PIER 848 E GRAND AVE CHICAGO IL 60611 N/A PC General & Unrestricted 1000 COUNTY UNITED WAY INC 101 S CENTRE ST CUMBERLAND MD 21502 N/A PC 2019 Campaign 10000 CUMBERLAND SUMMER THEATER 101 N JOHNSON ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 1000 EVERGREEN HERITAGE CENTER FOUNDATION INC 101 BRADDOCK HTS FROSTBURG MD 21532 N/A PC General & Unrestricted 1000 FAMILY CRISIS RESOURCE CENTER INC 146 BEDFORD ST CUMBERLAND MD 21502 N/A PC Circle of Friends Campaign 10000 FROSTBURG STATE UNIVERSITY FOUNDATION 101 BRADDOCK RD FROSTBURG MD 21532 N/A PC Maryland Symphony Orchestra Program 1000 FUTURE TIES NFP 3935 W 82ND ST CHICAGO IL 60652 N/A PC General & Unrestricted 1000 GREATER CHICAGO FOOD DEPOSITORY 4100 W ANN LURIE PL CHICAGO IL 60632 N/A PC General & Unrestricted 1000 HELLO BABY NFP 14 N PEORIA ST STE 2W CHICAGO IL 60607 N/A PC General & Unrestricted 500 INVISIBLE INSTITUTE 6100 S BLACKSTONE AVE CHICAGO IL 60637 N/A PC General & Unrestricted 1000 JANES PLACE INC 26 GREENE ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 NIGHT MINISTRY 4711 N RAVENSWOOD AVE CHICAGO IL 60640 N/A PC General & Unrestricted 500 PHILADELPHIA UNIVERSITY 4201 HENRY AVE PHILADELPHIA PA 19144 N/A PC Nexus Learning Hub fund 10000 PRO PUBLICA INC 155 AVE OF THE AMERICAS 13TH FL NEW YORK NY 10013 N/A PC ProPublica Illinois office fund 1000 REFUGEE & IMMIGRANT CENTER FOR EDUCATION & LEGAL S 5121 CRESTWAY RD STE 105 WINDCREST TX 78239 N/A PC General & Unrestricted 1000 SOCIALWORKS 12100 WILSHIRE BLVD STE 705 LOS ANGELES CA 90025 N/A PC General & Unrestricted 1000 THRIVE CHICAGO NFP 211 W WACKER DR CHICAGO IL 60606 N/A PC General & Unrestricted 500 WAMBA CHARITIES INC PO BOX 432 CUMBERLAND MD 21501 N/A PC Charitable Event 10000 76617 14 185 14 6998 18 7180 14363 14363 false false false false false false false false false false X X 1 Schwab Douglas 835 MacDonald Terrace Cumberland MD 21502 335114 X X 1 AMERICAN ELECTRIC POWER INC AEP, 100 sh. 6918 2018-07-25 1 BANK OF MONTREAL BMO, 200 sh. 15883 2018-07-25 1 BRITISH AMERICAN TOBACCO PLC BTI, 136 sh. 7082 2018-07-25 1 COSTCO WHOLESALE CORPORATION COST, 100 sh. 21910 2018-07-25 1 CHEVRON CORP CVX, 100 sh. 12425 2018-07-25 1 DARDEN RESTAURANTS INC DRI, 100 sh. 10827 2018-07-25 1 EATON CORP PLC ETN, 100 sh. 7811 2018-07-25 1 FOUR CORNERS PROPERTY TRUST INC FCPT, 98 sh. 2418 2018-07-25 1 GENERAL MILLS INC GIS, 100 sh. 4331 2018-07-25 1 GLAXOSMITHKLINE PLC GSK, 200 sh. 8183 2018-07-25 1 HOME DEPOT INC HD, 100 sh. 20068 2018-07-25 1 MICROCHIP TECHNOLOGY INC MCHP, 200 sh. 18462 2018-07-25 1 ALTRIA GROUP INC MO, 200 sh. 11597 2018-07-25 1 MERCK & CO INC MRK, 240 sh. 15352 2018-07-25 1 NXP SEMICONDUCTORS NXPI, 1200 sh. 117492 2018-07-25 1 INVESCO WATER RESOURCES ETF PHO, 500 sh. 15530 2018-07-25 1 ROYAL DUTCH SHEL PLC SPONS ADR B RDS-B, 100 sh. 7295 2018-07-25 1 VERIZON COMMUNICATIONS VZ, 200 sh. 10286 2018-07-25 1 WEYERHAEUSER CO WY, 400 sh. 13826 2018-07-25 INVESCO WATER RESOURCES ETF 15530 14105 ISHARES RUSSELL 2000 GROWTH IN 5073 5040 ISHARES S&P 500 GROWTH INDEX F 17162 17327 ISHARES TR S & P MIDCAP 400 IN 7365 8303 MATTHEWS ASIA PACIFIC EQUITY I 26798 26344 MATTHEWS JAPAN FUND 11690 11038 MERCK & CO INC 15352 18338 MORGAN STANLEY INSTITUTIONAL F 104399 92471 NXP SEMICONDUCTORS 97910 73280 PIMCO INCOME FUND P CLASS 25134 24067 SPDR S&P DIVIDEND ETF 77349 79315 VANGUARD FTSE EUROPEAN ETF 14341 12641 VERIZON COMMUNICATIONS 10286 11244 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, 2018, the Foundation made distributions from assets from sources other than current income.Collectively, the distributions in excess of current income totaled $76,617. This amount represents 25% or more of the Foundation's net assets of $210,142 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2018. 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. Administrative Fees 5000 5000 Bank Charges 1 1 State or Local Filing Fees 25 25 Investment Management Services 2734 2734 990-PF Estimated Tax for 2018 200 990-PF Extension for 2017 67