THE DOUG AND BETSEY SCHWAB AND FAMILY FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE DOUG AND BETSEY SCHWAB AND FAMILY FOUNDATION INC (EIN 20-0856943)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-12
- IRS object ID
- 201741329349101189
- Schema version
- 2016v3.0
- 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 | 2017-05-12T10:43:38-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 2016-01-01 | 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 | 2017-05-02 | 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 | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520171325000016 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-05-12 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A03CA8425FE017993163D7917FD3F5FFAC126974 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 70AA59F2BE43B178611149847D763A183DD9022D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $277,557 | 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 | $71 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $71 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,844 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,844 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$214 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $444,051 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $7,701 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,915 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $3,667 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,667 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $204 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,275 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,275 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $9,146 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,667 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,275 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $143,783 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $143,783 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $152,929 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,667 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $149,058 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$145,228 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,248 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $14,887 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,720 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,720 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $403,354 | CorporateStockBOYAmt |
| Corporate Stock EOY | $270,293 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $274,837 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $418,241 | TotalAssetsBOYAmt |
| Total Assets EOY | $273,013 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $277,557 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $418,241 | RetainedEarningBOYAmt |
| Retained Earning EOY | $273,013 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $418,241 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $273,013 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $418,241 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $273,013 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $418,241 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$145,228 | ExcessRevenueOverExpensesAmt |
| Subtotal | $273,013 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $273,013 | 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 | $444,051 | GrossSalesPriceAmt |
| Cost Or Other Basis | $444,265 | CostOrOtherBasisAmt |
| Gain Or Loss | -$214 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$214 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$214 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $161,312 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $509,518 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.316597 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $237,198 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $345,612 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.686313 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $75,727 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $410,855 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.184316 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $131,872 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $480,398 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.274506 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $118,883 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $357,904 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.332164 | DistributionYr5Rt |
| Total Distribution | 1.793896 | TotalDistributionRt |
| Average Distribution | 0.358779 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $333,244 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $119,561 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $42 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $119,603 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $149,058 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $42 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $42 | SubtotalAmt |
| Tax Based On Investment Income | $42 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $42 | 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 |
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 | VP / Dir | 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 | $322,133 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $16,186 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $338,319 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $338,319 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,075 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $333,244 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,662 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,662 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $42 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $42 | TotalTaxAmt |
| Distributable Before Adj | $16,620 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $16,620 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $16,620 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $149,058 | 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 | $149,058 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $42 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $149,016 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,620 | DistributableAsAdjustedAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $102,756 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $108,124 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $56,158 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $221,737 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $136,130 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $624,905 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $149,058 | QualifyingDistributionsAmt |
| Applied To Current Year | $16,620 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $132,438 | RemainingDistriFromCorpusAmt |
| Total Corpus | $757,343 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $102,756 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $654,587 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $108,124 | ExcessFromYear4Amt |
| Excess From Year3 | $56,158 | ExcessFromYear3Amt |
| Excess From Year2 | $221,737 | ExcessFromYear2Amt |
| Excess From Year1 | $136,130 | ExcessFromYear1Amt |
| Excess From Current Year | $132,438 | 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 (26 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 |
| AMERICAN CANCER SOCIETY | |||||||
| 1050 E INDUSTRIAL BLVD UNIT 3 | CUMBERLAND | MD | 21502 | N/A | PC | Charitable Event | $1,250 |
| AMERICAN REFUGEE COMMITTEE | |||||||
| 615 1ST AVE NE STE 500 | MINNEAPOLIS | MN | 55413 | N/A | PC | General & Unrestricted | $1,000 |
| BOY SCOUTS OF AMERICA | |||||||
| FLAG PLZ 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | General & Unrestricted | $2,000 |
| BOY SCOUTS OF AMERICA | |||||||
| FLAG PLZ 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | FOS Campaign | $2,000 |
| BOY SCOUTS OF AMERICA | |||||||
| FLAG PLZ 1275 BEDFORD AVE | PITTSBURGH | PA | 15219 | N/A | PC | FOS Campaign | $4,000 |
| CHICAGO PUBLIC MEDIA INC | |||||||
| NAVY PIER 848 E GRAND AVE | CHICAGO | IL | 60611 | N/A | PC | General & Unrestricted | $1,000 |
| COUNTY UNITED WAY INC | |||||||
| 71 BALTIMORE ST 3RD FL | CUMBERLAND | MD | 21502 | N/A | PC | Annual Legacy Campaign | $10,000 |
| DOCTORS WITHOUT BORDERS USA INC | |||||||
| 333 7TH AVE 2ND FL | NEW YORK | NY | 10001 | N/A | PC | General & Unrestricted | $500 |
| ELECTRONIC FRONTIER FOUNDATION INC | |||||||
| 815 EDDY ST | SAN FRANCISCO | CA | 94109 | N/A | PC | General & Unrestricted | $1,000 |
| EVERGREEN HERITAGE CENTER FOUNDATION INC | |||||||
| 101 BRADDOCK HTS | FROSTBURG | MD | 21532 | N/A | PC | General & Unrestricted | $2,500 |
| FAMILY CRISIS RESOURCE CENTER INC | |||||||
| 146 BEDFORD ST | CUMBERLAND | MD | 21502 | N/A | PC | General & Unrestricted | $10,000 |
| FRIENDS AWARE INCORPORATED | |||||||
| 1601 HOLLAND ST | CUMBERLAND | MD | 21502 | N/A | PC | capital Fund | $25,000 |
| GREATER CHICAGO FOOD DEPOSITORY | |||||||
| 4100 W ANN LURIE PL | CHICAGO | IL | 60632 | N/A | PC | General & Unrestricted | $1,200 |
| HIGHLANDER RESEARCH & EDUCATION CENTER INC | |||||||
| 1959 HIGHLANDER WAY | NEW MARKET | TN | 37820 | N/A | PC | SURJ Project | $500 |
| INSPIRATION CORPORATION | |||||||
| 4554 N BROADWAY ST STE 207 | CHICAGO | IL | 60640 | N/A | PC | General & Unrestricted | $1,000 |
| JANES PLACE INC | |||||||
| 26 GREENE ST | CUMBERLAND | MD | 21502 | N/A | PC | General & Unrestricted | $10,000 |
| MPT FOUNDATION INC | |||||||
| 11767 OWINGS MILLS BLVD | OWINGS MILLS | MD | 21117 | N/A | PC | Thinkport Program | $33,333 |
| NAMI CHICAGO | |||||||
| 1536 W CHICAGO AVE | CHICAGO | IL | 60642 | N/A | PC | General & Unrestricted | $500 |
| NATIONAL YOUTH SCIENCE FOUNDATION | |||||||
| 1 CLAY SQ | CHARLESTON | WV | 25301 | N/A | PC | General & Unrestricted | $1,000 |
| PHILADELPHIA UNIVERSITY | |||||||
| 4201 HENRY AVE | PHILADELPHIA | PA | 19144 | N/A | PC | Nexus learning Hub pROGRAM | $10,000 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA INC | |||||||
| 123 WILLIAMS ST 10TH FL | NEW YORK | NY | 10038 | N/A | PC | General & Unrestricted | $1,000 |
| PRIMO CENTER FOR WOMEN AND CHILDREN | |||||||
| 4241 W WASHINGTON BLVD | CHICAGO | IL | 60624 | N/A | PC | General & Unrestricted | $1,000 |
| PUBLIC KNOWLEDGE | |||||||
| 1818 N ST NW STE 410 | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $500 |
| WASHINGTON AND JEFFERSON COLLEGE | |||||||
| 60 S LINCOLN ST | WASHINGTON | PA | 15301 | N/A | PC | W&J Fund AND the Hurwitz-Schwab sCHOLARSHIP FUND | $20,000 |
| WESTERN MARYLAND HEALTH SYSTEM FOUNDATION INC | |||||||
| PO BOX 539 | CUMBERLAND | MD | 21501 | N/A | SO I | Transforming Medicine for our Patients Initiative | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $143,783 | 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 | $71 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,844 | 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 | -$214 | 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 | $7,701 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,701 | 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 (15 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BARON REAL ESTATE FD INSTI SHS | $9,738 | $9,060 |
| DOUBLELINE TOTAL RETURN BOND | $28,107 | $27,123 |
| FIRST TRUST NORTH AMERICAN ENE | $10,360 | $9,339 |
| ISHARE MSCI EMU INDX | $17,037 | $16,954 |
| ISHARES BARCLAYS TIPS BOND | $13,717 | $13,580 |
| ISHARES MSCI EMERGING MARKETS | $14,521 | $14,004 |
| ISHARES S&P 500 GROWTH INDEX | $30,526 | $32,883 |
| ISHARES TR S & P MIDCAP 400 IN | $10,783 | $14,881 |
| ISHARES TRUST RUSSELL 2000 VAL | $8,445 | $9,515 |
| MATTHEWS ASIA PACIFIC EQUITY | $14,034 | $14,161 |
| MATTHEWS JAPAN FUND | $15,167 | $14,718 |
| PIMCO TOTAL RETURN FUND P | $42,693 | $41,939 |
| SPDR S&P BIOTECH ETF | $7,488 | $7,103 |
| SPDR S&P DIVIDEND ETF | $37,308 | $39,015 |
| WISDOM TREE EUROPE HEDGED EQUI | $10,369 | $10,562 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 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, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $143,783. This amount represents over 25% of the Foundation's net assets of $417,953 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. 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 | $5,250 | $5,250 |
| 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 | $3,667 | Amt |
| Net Investment Income | $3,667 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Excise Tax for 2015 | CategoryTxt |
| Amt | $204 | Amt |
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