2012-07-26T11:55:22-00:00 2011-12-31 Foundation Source 55 Walls Drive Fairfield CT 06824 990PF 2011-01-01 200856943 The Doug and Betsey Schwab and Family Foundation Inc DOUG 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Elizabeth Hurwitz-Schwab 2012-07-26 true Jeffrey D Haskell 8008391754 2012-07-26 2011 2016-02-24 21:20:13Z X 518768 X 284161 20 20 11070 11070 11784 555308 80651 12 12 307047 91753 3165 3165 280 6324 157 6167 9769 3322 6167 113600 113600 123369 3322 119767 183678 88431 29842 59271 59271 277330 430651 435341 9183 14358 24469 24156 330713 514391 518768 0 X 330713 514391 330713 514391 330713 514391 330713 183678 514391 514391 Publicly-traded Securities 555308 474397 80911 80911 Passthrough K1 Capital Gain -260 -260 80651 false 87973 338842 000.259628 127633 394564 000.323479 89343 617689 000.144641 153335 810624 000.189157 122593 824593 000.148671 001.065576 000.213115 357904 76275 884 77159 119767 X 884 884 884 204 680 884 884 X false false false false false false true true true 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 true Elizabeth J Hurwitz-Schwab Foundation Source 501 Silverside Rd Wilmington DE 19809 001.00 0 Abraham Schwab Foundation Source 501 Silverside Rd Wilmington DE 19809 001.00 0 Douglas Schwab Foundation Source 501 Silverside Rd Wilmington DE 19809 001.00 0 Eli Schwab Foundation Source 501 Silverside Rd Wilmington DE 19809 001.00 0 NONE 347533 15821 0 363354 363354 5450 357904 17895 17895 884 884 17011 17011 17011 119767 119767 884 118883 17011 83767 113972 58601 108163 71325 435828 119767 17011 102756 538584 0 83767 454817 113972 58601 108163 71325 102756 Douglas Schwab Elizabeth J Hurwitz-Schwab X ALLEGANY ARTS COUNCIL INC 9 N CENTRE ST CUMBERLAND MD 21502 N/A 509(a)(1) 2011 Shakespeare at Canal Place Program 2000 ALLEGANY ARTS COUNCIL INC 9 N CENTRE ST CUMBERLAND MD 21502 N/A 509(a)(1) Charitable Event 500 B'ER CHAYIM CONGREGATION 107 UNION ST CUMBERLAND MD 21502 N/A 509(a)(1) High Holiday Appeal and Book of Memory 1500 BOY SCOUTS OF AMERICA 25 RAMAPO VALLEY RD OAKLAND NJ 07436 N/A 509(a)(1) Scout Sponsor for Celebrity Golf Classic 2600 BOY SCOUTS OF AMERICA 14416 MCMULLEN HWY SW CUMBERLAND MD 21502 N/A 509(a)(1) Debt Relief Initiative 20000 BOY SCOUTS OF AMERICA 14416 MCMULLEN HWY SW CUMBERLAND MD 21502 N/A 509(a)(1) Friends of Scouting Campaign 10000 COUNTY UNITED WAY INC 71 BALTIMORE ST 3RD FL CUMBERLAND MD 21502 N/A 509(a)(1) Mission of Mercy Program 1000 COUNTY UNITED WAY INC 71 BALTIMORE ST 3RD FL CUMBERLAND MD 21502 N/A 509(a)(1) 2012 Annual Legacy Campaign 10000 CUMBERLAND CULTURAL FOUNDATION 104 WASHINGTON ST CUMBERLAND MD 21502 N/A 509(a)(1) General Unrestricted 1000 ELECTRONIC FRONTIER FOUNDATION INC 454 SHOTWELL ST SAN FRANCISCO CA 94110 N/A 509(a)(1) Support of Homegrown Evolution Initiative 500 FAMILY CRISIS RESOURCE CENTER INC 146 BEDFORD ST CUMBERLAND MD 21502 N/A 509(a)(1) General Unrestricted 5000 FROSTBURG STATE UNIVERSITY FOUNDATI 101 BRADDOCK RD FROSTBURG MD 21532 N/A 509(a)(1) WFWM 91.9 Support Program 1000 GARFIELD PARK CONSERVATORY ALLIANCE 300 N CENTRAL PARK AVE CHICAGO IL 60624 N/A 509(a)(1) Storm Repairs 500 MARYLAND LEAGUE OF CONSERVATION VOT 86 MARYLAND AVE ANNAPOLIS MD 21401 N/A 509(a)(1) General Unrestricted 1000 PHILADELPHIA UNIVERSITY 4201 HENRY AVE PHILADELPHIA PA 19144 N/A 509(a)(1) Fall 2011 Campaign 2500 THE COMMUNITY TRUST FOUNDATION INC 71 BALTIMORE ST CUMBERLAND MD 21502 N/A 509(a)(1) Charitable Event 500 VERMONT COMMUNITY FOUNDATION PO BOX 30 MIDDLEBURY VT 05753 N/A 509(a)(1) Waterwheel Foundation and Phish VT Relief Fund 500 WASHINGTON AND JEFFERSON COLLEGE 60 S LINCOLN ST WASHINGTON PA 15301 N/A 509(a)(1) Annual Fund 2500 WMHS INC 12400 WILLOWBROOK RD CUMBERLAND MD 21502 N/A 509(a)(3) Cardiac Care Unit of the Capital Campaign 50000 YMCA 601 KELLY RD CUMBERLAND MD 21502 N/A 509(a)(2) 2011 Annual Campaign 1000 113600 14 20 14 11070 18 11784 K-1 Pass-Through Income 14 12 22886 22886 false false false false false false false false false false X X 0001 Schwab Douglas 835 MacDonald Terrace Cumberland MD 21502 284161 X 0001 US T BOND - 10.625% - 08/15/2015 1406 2011-09-26 0001 US T BOND - 10.625% - 08/15/2015 2811 2011-09-26 0001 US T BOND - 10.625% - 08/15/2015 50603 2011-09-26 0001 AMERICAN EXPRESS CO 22903 2011-09-26 0001 DOLLAR TREE INC. 768 2011-09-26 0001 DOLLAR TREE INC. 5757 2011-09-26 0001 DOLLAR TREE INC. 13816 2011-09-26 0001 INTERNATIONAL BUSINESS MACHINES 1723 2011-09-26 0001 INTERNATIONAL BUSINESS MACHINES 6891 2011-09-26 0001 INTERNATIONAL BUSINESS MACHINES 25842 2011-09-26 0001 MCDONALD'S CORP 35240 2011-09-26 0001 PACKAGING CORP AMER 735 2011-09-26 0001 PACKAGING CORP AMER 1224 2011-09-26 0001 PACKAGING CORP AMER 24490 2011-09-26 0001 V F CORP 13777 2011-09-26 0001 V F CORP 16282 2011-09-26 0001 V F CORP 28807 2011-09-26 0001 YUM BRANDS INC 2072 2011-09-26 0001 YUM BRANDS INC 29014 2011-09-26 1530 shares of ALERIAN MLP ETF AMLP 24146 25429 4466 shares of DOUBLELINE TOTAL RETURN BOND DBLTX 49749 49262 160 shares of ISHARES BARCLAYS TIPS BOND FUND TIP 18369 18670 280 shares of ISHARES IBOXX HIGH YIELD CORPORATE BOND FUND HYG 24684 25040 420 shares of ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND FD LQD 47041 47778 590 shares of ISHARES SP 500 GROWTH INDEX FUND IVW 36675 39784 430 shares of ISHARES SP 500 VALUE INDEX FUND IVE 23030 24867 220 shares of ISHARES TR S P MIDCAP 400 INDEX FD IJH 17189 19274 910 shares of MATTHEWS PACIFIC TIGER FUND MAPTX 19416 18510 50 shares of SPDR GOLD TR GOLD SHS GLD 6538 7600 1870 shares of TEMPLETON EMERGING MARKETS INCOME FUND INC TEI 30997 29116 750 shares of VANGUARD DIVIDEND APPRECIATION ETF VIG 39161 40988 230 shares of VANGUARD FTSE ALL-WLD EX-US SMCP IDX VSS 19114 17841 440 shares of VANGUARD MSCI EUROPEAN ETF VGK 21301 18229 250 shares of VANGUARD SF REIT ETF VNQ 13876 14500 750 shares of WISDOMTREE EMERGING MARKETS EQUITY INCOME FUND DEM 39365 38453 DB COMMODITY INDEX TRACKING FUND DBC 24469 24156 This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2011, The Doug and Betsey Schwab and Family Foundation Inc. the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 113,600. This amount represents over 25 of the Foundations net assets of 343,955 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2011. 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 6142 6142 K1 passthrough DB COMMODITY INDEX TRACKING FUND 135 135 K1 passthrough POWERSHARES DB AGRICULTURE FUND 22 22 State or Local Filing Fees 25 25 DB COMMODITY INDEX TRACKING FUND K-1 Pass-Through Share of Partnership Income/Loss 10 10 POWERSHARES DB AGRICULTURE FUND K-1 Pass-Through Share of Partnership Income/Loss 2 2 Investment Management Services 3165 3165 Estimated Tax for 2011 200 0 0 0 IRS Excise Tax Payment with 1st ext 2010 990PF 80 0 0 0