2016-08-11T14:29:09-05:00 2015-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2015-01-01 200856943 The Doug and Betsey Schwab and Family Foundation Inc % Foundation Source DOUG 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 ELIZABETH HUROWITZ-SCHWAB president 8008391754 2016-08-10 true Jeffrey D Haskell P01345770 8008391754 2015 2016-12-15 16:53:06Z X 417953 X 0 X 22 22 11513 11513 8084 273511 8084 19619 19619 0 4915 4915 6525 6525 11440 4915 6525 154787 154787 166227 4915 161312 -146608 14704 306906 14887 14887 257943 403354 403066 564849 418241 417953 0 X 564849 418241 564849 418241 564849 418241 564849 -146608 418241 418241 Publicly-traded Securities 273511 265427 8084 8084 8084 false 237198 345612 0.686313 75727 410855 0.184316 131872 480398 0.274506 118883 357904 0.332164 87973 338842 0.259628 1.736927 0.347385 509518 176999 147 177146 161312 294 294 294 90 90 204 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 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 482182 35095 0 517277 0 517277 7759 509518 25476 25476 294 294 25182 25182 25182 161312 0 0 0 0 161312 161312 25182 2013 2012 2011 71325 102756 108124 56158 221737 560100 161312 25182 136130 696230 0 71325 624905 102756 108124 56158 221737 136130 Douglas Schwab Elizabeth J Hurwitz-Schwab X ALLEGANY ARTS COUNCIL INC 9 N CENTRE ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 2500 ALLEGANY ARTS COUNCIL INC 9 N CENTRE ST CUMBERLAND MD 21502 N/A PC Wills Creek Survey Program 500 ALLEGANY HIGH SCHOOL 616 SEDGWICK ST CUMBERLAND MD 21502 N/A PC Allegany HS Band Uniform Drive 400 B'ER CHAYIM CONGREGATION 107 UNION ST CUMBERLAND MD 21502 N/A PC High Holiday Appeal and Book of Memory Initiative 1054 BOY SCOUTS OF AMERICA FLAG PLZ 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC General & Unrestricted 2000 BOY SCOUTS OF AMERICA FLAG PLZ 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC Friends of Scouting Fund 2000 BOY SCOUTS OF AMERICA FLAG PLZ 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC Friends of Scouting Fund 4000 BOY SCOUTS OF AMERICA FLAG PLZ 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC Friends of Scouting Fund 2000 COUNTY UNITED WAY INC 71 BALTIMORE ST 3RD FL CUMBERLAND MD 21502 N/A PC 2016 Campaign 10000 FAMILY CRISIS RESOURCE CENTER INC 146 BEDFORD ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 FRIENDS AWARE INCORPORATED 1601 HOLLAND ST CUMBERLAND MD 21502 N/A PC Capital Campaign 25000 JANES PLACE INC 26 GREENE ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 MARCH OF DIMES FOUNDATION 1275 MAMARONECK AVE WHITE PLAINS NY 10605 N/A PC Allegany County Maryland annual Campaign 1000 MPT FOUNDATION INC 11767 OWINGS MILLS BLVD OWINGS MILLS MD 21117 N/A PC Education program for teacher Ambassadors 33333 PHILADELPHIA UNIVERSITY 4201 HENRY AVE PHILADELPHIA PA 19144 N/A PC Nexus Learning Hub Fund 20000 WAMBA CHARITIES INC PO BOX 432 CUMBERLAND MD 21501 N/A PC 2015 Hooley Plunge Project 10000 WASHINGTON AND JEFFERSON COLLEGE 60 S LINCOLN ST WASHINGTON PA 15301 N/A PC annual fund and Hurwitz-Schwab Scholarship fund 20000 YMCA 601 KELLY RD CLIENT 25000 CUMBERLAND MD 21502 N/A PC Annual Campaign 1000 154787 14 22 14 11513 18 8084 19619 19619 false false false false false false false false false false BARON REAL ESTATE FD INSTI SHS 24847 26606 BLACKROCK GLOBAL LONG SHORT EQ 28416 27695 BLACKROCK STRAT INC OPP - INS 57843 55436 DOUBLELINE TOTAL RETURN BOND 41281 40226 FIRST TRUST NORTH AMERICAN ENE 27719 19978 ISHARES MSCI-JAPAN 16910 16241 ISHARES RUSSELL 2000 21296 20272 ISHARES S&P 500 GROWTH INDEX F 45759 57899 ISHARES S&P EUROPE 350 INDEX 21794 20055 ISHARES TR S & P MIDCAP 400 IN 15188 20898 MATTHEWS ASIA PACIFIC EQUITY I 40347 40364 SPDR SER TR BARCLAYS CAP CONV 9649 8656 WISDOM TREE EUROPE HEDGED EQUI 41431 39604 WISDOMTREE INDIA 10874 9136 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, 2015, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $154,787. This amount represents over 25% of the Foundation's net assets of $589,540 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2015. 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 6500 6500 State or Local Filing Fees 25 25 Investment Management Services 4915 4915